Common use of Rate Determination Date Clause in Contracts

Rate Determination Date. Two (2) Business Days prior to the commencement of such Interest Period (or such other day as is generally treated as the rate fixing day by market practice in such interbank market, as determined by the Administrative Agent; provided that to the extent such market practice is not administratively feasible for the Administrative Agent, then “Rate Determination Date” means such other day as otherwise reasonably determined by the Administrative Agent).

Appears in 1 contract

Sources: Senior Unsecured Revolving Credit Agreement (Barnes Group Inc)

Rate Determination Date. Two (2) Business Days prior to the commencement of such Interest Period (or such other day as is generally treated as the rate fixing day by market practice in such the applicable interbank market, as determined by the Administrative Agent; provided that to the extent such market practice is not administratively feasible for the Administrative Agent, then “Rate Determination Date” means such other day as otherwise reasonably determined by the Administrative Agent).

Appears in 1 contract

Sources: Credit Agreement (Barnes Group Inc)

Rate Determination Date. Two two (2) Business Days prior to the commencement of such the applicable Interest Period (or such other day as is generally treated as the rate fixing day by market practice in such interbank market, as determined by the Administrative Agent; provided that that, to the extent such market practice is not administratively feasible for the Administrative Agent, then “Rate Determination Date” means such other day as otherwise reasonably determined by the Administrative Agent). RCRA: the Resource Conservation and Recovery Act (42 U.S.C. §§6991-6991i).

Appears in 1 contract

Sources: Loan, Security and Guaranty Agreement (Hyster-Yale Materials Handling, Inc.)