Common use of Determination of Rates Clause in Contracts

Determination of Rates. Promptly after the determination of any interest rate provided for herein or any change therein, the Administrative Agent shall notify the Borrower and the Lenders to which such interest is payable. Each determination by the Administrative Agent of an interest rate or fee hereunder shall, except in cases of manifest error, be final, conclusive and binding on the parties hereto.

Appears in 7 contracts

Sources: Credit Agreement (Black Stone Minerals, L.P.), Credit Agreement (Black Stone Minerals, L.P.), Credit Agreement (Black Stone Minerals, L.P.)

Determination of Rates. Promptly after the determination of any interest rate provided for herein or any change therein, the The Administrative Agent shall notify determine each interest rate applicable to the Loans hereunder. The Administrative Agent shall give prompt notice to the Borrower and the Lenders to which such participating Banks of each rate of interest is payable. Each so determined, and its determination by thereof shall be conclusive in the Administrative Agent of an interest rate or fee hereunder shall, except in cases absence of manifest error, be final, conclusive and binding on the parties hereto.

Appears in 5 contracts

Sources: Credit Agreement (MEADWESTVACO Corp), Credit Agreement (MEADWESTVACO Corp), Credit Agreement (Meadwestvaco Corp)

Determination of Rates. Promptly after the determination of any interest rate provided for herein or any change therein, the Administrative Agent shall notify the Borrower and the Lenders to which such interest is payablepayable and the Parent Borrower. Each determination by the Administrative Agent of an interest rate or fee hereunder shall, except in cases of manifest error, be final, conclusive and binding on the parties heretoparties.

Appears in 4 contracts

Sources: Credit Agreement (NPC Restaurant Holdings, LLC), Credit Agreement (NPC Restaurant Holdings, LLC), Credit Agreement (NPC Restaurant Holdings, LLC)

Determination of Rates. Promptly after the determination of any interest rate provided for herein or any change therein, the US Administrative Agent shall notify the Borrower and Lenders (including the Lenders Canadian Administrative Agent) to which such interest is payablepayable and the Applicable Borrower thereof. Each determination by the US Administrative Agent of an interest rate or fee hereunder shall, except in cases of manifest error, be final, conclusive and binding on the parties heretoparties.

Appears in 3 contracts

Sources: Senior Secured Credit Agreement (Universal Compression Holdings Inc), Senior Secured Revolving Credit Agreement (Universal Compression Inc), Senior Secured Credit Agreement (Exterran Holdings Inc.)

Determination of Rates. Promptly after the determination of any interest rate provided for herein or any change therein, the Administrative Agent shall notify the Borrower and the Lenders to which such interest is payablepayable and Borrower thereof. Each determination by the Administrative Agent of an interest rate or fee hereunder shall, except in cases of manifest error, be final, conclusive and binding on the parties heretoparties.

Appears in 3 contracts

Sources: Credit Agreement (Georesources Inc), Credit Agreement (Isramco Inc), Credit Agreement (Isramco Inc)

Determination of Rates. Promptly after the determination of any interest rate provided for herein or any change therein, the Administrative Agent shall notify the Borrower and the Lenders to which such interest is payablepayable and Borrower thereof. Each determination by the Administrative Agent of an interest rate or fee hereunder shall, except in cases of manifest error, be final, conclusive and binding on the parties heretoparties.

Appears in 3 contracts

Sources: Credit Agreement (Earthstone Energy Inc), Credit Agreement (Earthstone Energy Inc), Credit Agreement (Earthstone Energy Inc)

Determination of Rates. Promptly after the determination of any interest rate provided for herein or any change therein, the Administrative Agent shall notify the Borrower and the Lenders to which such interest is payableBorrowers thereof. Each determination by the Administrative Agent of an interest rate on the Revolver Notes or fee hereunder in accordance with the Pricing Grid shall, except in cases of manifest error, be final, conclusive and binding on the parties heretoparties.

Appears in 2 contracts

Sources: Revolver Loan Agreement (Energy 11, L.P.), Revolver Loan Agreement (Energy Resources 12, L.P.)

Determination of Rates. Promptly after the determination of any interest rate provided for herein or any change therein, the Administrative appropriate Agent shall notify the Borrower and the Lenders to which such interest is payablepayable and the Obligors thereof. Each determination by the Administrative an Agent of an interest rate or fee hereunder shall, except in cases of manifest error, be final, conclusive and binding on the parties heretoparties.

Appears in 2 contracts

Sources: Credit Agreement (Petrocorp Inc), Credit Agreement (Petrocorp Inc)

Determination of Rates. Promptly after the determination of any interest rate provided for herein or any change therein, the Administrative Agent shall notify the Borrower and the Lenders to which such interest is payablepayable and Borrower thereof. Each determination by the Administrative Agent of an interest rate or fee hereunder shall, except in cases of manifest error, be final, conclusive and binding on the parties hereto.parties. ​

Appears in 1 contract

Sources: Credit Agreement (Epsilon Energy Ltd.)

Determination of Rates. Promptly after the determination of any interest rate provided for herein or any change therein, the Administrative Collateral Agent shall notify the Borrower Lenders and the Lenders to which such interest is payableBorrower thereof. Each determination by the Administrative Collateral Agent of an interest rate or fee hereunder shall, except in cases of manifest error, be final, conclusive and binding on the parties heretoparties.

Appears in 1 contract

Sources: Term Loan Agreement (Mission Resources Corp)

Determination of Rates. Promptly after the determination of any ---------------------- interest rate provided for herein or any change therein, the Administrative Agent shall notify the Borrower and the Lenders to which such interest is payablepayable and the Borrower thereof. Each determination by the Administrative Agent of an interest rate or fee hereunder shall, except in cases of manifest error, be final, conclusive and binding on the parties heretoparties.

Appears in 1 contract

Sources: Credit Agreement (Aroc Inc)

Determination of Rates. Promptly after the determination of any interest rate provided for herein or any change therein, the Administrative Agent shall notify the Borrower and the Lenders to which such interest is payablepayable and the Borrower thereof. Each determination by the Administrative Agent of an interest rate or fee hereunder shall, except in cases of manifest error, be final, conclusive and binding on the parties hereto.the

Appears in 1 contract

Sources: Credit Agreement (Callon Petroleum Co)

Determination of Rates. Promptly after the determination of any interest rate provided for herein or any change therein, the Administrative Agent shall notify the Borrower Lenders and the Lenders to which such interest is payableBorrower thereof. Each determination by the Administrative Agent of an interest rate or fee hereunder shall, except in cases of manifest error, be final, conclusive and binding on the parties hereto.parties. ARTICLE IV

Appears in 1 contract

Sources: Credit Agreement (Buckeye Partners L P)

Determination of Rates. Promptly after the determination of any ---------------------- interest rate provided for herein or any change therein, the Administrative Agent shall notify the Borrower and the Lenders to which such interest is payable. Each determination by the Administrative Agent of an interest rate or fee hereunder shall, except in cases of manifest error, be final, conclusive and binding on the parties hereto.

Appears in 1 contract

Sources: Credit Agreement (Mission Resources Corp)