Rate Quotations. The Borrower may call the Administrative Agent on or before the date on which a Loan Request is to be delivered to receive an indication of the rates then in effect, but it is acknowledged that such projection shall not be binding on the Administrative Agent or the Banks nor affect the rate of interest which thereafter is actually in effect when the election is made.
Appears in 10 contracts
Sources: Credit Agreement (Koppers Inc), Credit Agreement (KI Holdings Inc.), Credit Agreement (Triumph Group Inc /)
Rate Quotations. The Borrower Borrowers may call the Administrative Agent on or before the date on which a Loan Request is to be delivered to receive an indication of the interest rates and the applicable currency exchange rates then in effect, but it is acknowledged that such projection shall not be binding on the Administrative Agent or the Banks nor affect the rate of interest or the calculation of Equivalent Amounts which thereafter is are actually in effect when the election is made.
Appears in 2 contracts
Sources: Credit Agreement (Glatfelter P H Co), Credit Agreement (Glatfelter P H Co)
Rate Quotations. The Borrower may call the Administrative Agent on or before the date on which a Revolving Credit Loan Request is to be delivered to receive an indication of the rates then in effecteffect as to Revolving Credit Loans, but it is acknowledged that such projection shall not be binding on the Administrative Agent or the Revolving Credit Banks nor affect the rate of interest which thereafter is actually in effect when the election is made.
Appears in 1 contract
Rate Quotations. The Borrower may call the Administrative Agent on or before the date on which a Loan Request is to be delivered to receive an indication of the rates then in effect, but it is acknowledged that such projection shall not be binding (except with respect to Swing Loans) on the Administrative Agent or the Banks nor affect the rate of interest which thereafter is actually in effect when the election is made.
Appears in 1 contract
Sources: Credit Agreement (Blair Corp)
Rate Quotations. The Borrower may call the Administrative Agent on or before the date on which a Loan Request is to be delivered to receive an indication of the rates then in effect, but it is acknowledged that such projection shall not be binding on the Administrative Agent or and the Banks nor affect the rate of interest which thereafter is actually in effect when the election is made.
Appears in 1 contract
Sources: Credit Agreement (Grubb & Ellis Co)
Rate Quotations. The Borrower may call the Administrative Agent on or before the date on which a Committed Loan Request is to be delivered to receive an indication of the rates then in effecteffect as to Revolving Credit Loans or Term Loans, but it is acknowledged that such projection shall not be binding on the Administrative Agent or the Banks nor affect the rate of interest which thereafter is actually in effect when the election is made.
Appears in 1 contract
Sources: Credit Agreement (Arch Coal Inc)
Rate Quotations. The Borrower may call the Administrative Agent on or before the date on which a Loan Request is to be delivered to receive an indication of the interest rates and the applicable currency exchange rates then in effect, but it is acknowledged that such projection shall not be binding on the Administrative Agent or the Banks nor affect the rate of interest or the calculation of Equivalent Amounts which thereafter is are actually in effect when the election is made.
Appears in 1 contract
Sources: Credit Agreement (Covance Inc)
Rate Quotations. The Borrower may call the Administrative Agent on or before the date on which a Loan Rate Request is to be delivered to receive an indication of the rates then in effecteffect as to Term Loans, but it is acknowledged that such projection shall not be binding on the Administrative Agent or the Banks nor affect the rate of interest which thereafter is actually in effect when the election is made.
Appears in 1 contract