Common use of Additional Compensation Under Certain Circumstances Clause in Contracts

Additional Compensation Under Certain Circumstances. The Borrowers agree, at the request of any Lender, to compensate such Lender for any loss, cost, expense or reduction in return that such Lender shall reasonably determine shall be incurred or sustained by such Lender as a result of the replacement of any Optional Currency by the Euro and that would not have been incurred or sustained but for the transactions provided for herein. A certificate of any Lender setting forth such Lender’s determination of the amount or amounts necessary to compensate such Lender shall be delivered to the Borrowers and shall be conclusive absent manifest error so long as such determination is made on a reasonable basis. The Borrowers shall pay such Lender the amount shown as due on any such certificate within ten (10) days after receipt thereof.

Appears in 15 contracts

Samples: Credit Agreement (Glatfelter Corp), Fourth Restatement Agreement (Glatfelter Corp), Credit Agreement (Steel Partners Holdings L.P.)

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Additional Compensation Under Certain Circumstances. The Borrowers agreeBorrower agrees, at the request of any Lender, to compensate such Lender for any loss, cost, expense or reduction in return that such Lender shall reasonably determine shall be incurred or sustained by such Lender as a result of the replacement of any Optional Currency by the Euro and that would not have been incurred or sustained but for the transactions provided for herein. A certificate of any Lender setting forth such Lender’s determination of the amount or amounts necessary to compensate such Lender shall be delivered to the Borrowers Borrower and shall be conclusive absent manifest error so long as such determination is made on a reasonable basis. The Borrowers Borrower shall pay such Lender the amount shown as due on any such certificate within ten (10) days after receipt thereof.

Appears in 12 contracts

Samples: Credit Agreement (Helios Technologies, Inc.), Credit Agreement (Helios Technologies, Inc.), Credit Agreement (Helios Technologies, Inc.)

Additional Compensation Under Certain Circumstances. The Borrowers agree, at the request of any Lender, to compensate such Lender for any loss, cost, expense or reduction in return that such Lender shall reasonably determine shall be incurred or sustained by such Lender as a result of the replacement of any Optional Currency by the Euro and that would not have been incurred or sustained but for the transactions provided for herein. A certificate of any Lender setting forth such Lender’s 's determination of the amount or amounts necessary to compensate such Lender shall be delivered to the Borrowers and shall be conclusive absent manifest error so long as such determination is made on a reasonable basis. The Borrowers shall pay such Lender the amount shown as due on any such certificate within ten (10) days after receipt thereof.

Appears in 8 contracts

Samples: Credit Agreement (Foster L B Co), Credit Agreement (Foster L B Co), Credit Agreement (Foster L B Co)

Additional Compensation Under Certain Circumstances. The Borrowers agreeBorrower agrees, at the request of any Lender, to compensate such Lender for any loss, cost, expense or reduction in return that such Lender shall reasonably determine shall be incurred or sustained by such Lender as a result of the replacement of any Optional Currency by the Euro and that would not have been incurred or sustained but for the transactions provided for herein. A certificate of any Lender setting forth such Lender’s 's determination of the amount or amounts necessary to compensate such Lender shall be delivered to the Borrowers Borrower and shall be conclusive absent manifest error so long as such determination is made on a reasonable basis. The Borrowers Borrower shall pay such Lender the amount shown as due on any such certificate within ten (10) days after receipt thereof.

Appears in 4 contracts

Samples: Credit Agreement (Sun Hydraulics Corp), Credit Agreement (Koppers Holdings Inc.), Credit Agreement (Sun Hydraulics Corp)

Additional Compensation Under Certain Circumstances. The Borrowers agreeEach Borrower agrees, at the request of any Lender, to compensate such Lender for any loss, cost, expense or reduction in return that such Lender shall reasonably determine shall be incurred or sustained by such Lender as a result of the replacement of any Optional Currency by the Euro and that would not have been incurred or sustained but for the transactions provided for herein. A certificate of any Lender setting forth such Lender’s determination of the amount or amounts necessary to compensate such Lender shall be delivered to the Borrowers and shall be conclusive absent manifest error so long as such determination is made on a reasonable basis. The Borrowers shall pay such Lender the amount shown as due on any such certificate within ten thirty (1030) days after receipt thereof.

Appears in 4 contracts

Samples: Credit Agreement (MSA Safety Inc), Credit Agreement (MSA Safety Inc), Credit Agreement (DSW Inc.)

Additional Compensation Under Certain Circumstances. The Borrowers agreeEach Borrower agrees, at the request of any Lender, to compensate such Lender for any loss, cost, expense or reduction in return that such Lender shall reasonably determine shall be incurred or sustained by such Lender as a result of the replacement of any Optional Currency by the Euro and that would not have been incurred or sustained but for the transactions provided for herein. A certificate of any Lender setting forth such Lender’s determination of the amount or amounts necessary to compensate such Lender shall be delivered to the Borrowers and shall be conclusive absent manifest error so long as such determination is made on a reasonable basis. The Borrowers shall pay such Lender the amount shown as due on any such certificate within ten (10) days after receipt thereof.

Appears in 4 contracts

Samples: Credit Agreement (Stoneridge Inc), Credit Agreement (Stoneridge Inc), Credit Agreement (Stoneridge Inc)

Additional Compensation Under Certain Circumstances. The Borrowers agreeagrees, at the request of any Lender, to compensate such Lender for any loss, cost, expense or reduction in return that such Lender shall reasonably determine shall be incurred or sustained by such Lender as a result of the replacement of any Optional Currency by the Euro Euros or Dollars and that would not have been incurred or sustained but for the transactions provided for herein. A certificate of any Lender setting forth such Lender’s determination of the amount or amounts necessary to compensate such Lender shall be delivered to the Borrowers and shall be conclusive absent manifest error so long as such determination is made on a reasonable basis. The Borrowers shall pay such Lender the amount shown as due on any such certificate within ten (10) days after receipt thereof.

Appears in 3 contracts

Samples: Credit Agreement (Funko, Inc.), Credit Agreement (Funko, Inc.), Credit Agreement (Funko, Inc.)

Additional Compensation Under Certain Circumstances. The Borrowers agreeBorrower agrees, at the request of any Lender, Lender to compensate such Lender for any loss, cost, expense or reduction in return that such Lender shall reasonably determine shall be incurred or sustained by such Lender as a result of the replacement implementation of any Optional Currency by the Euro European monetary union and that would not have been incurred or sustained but for the transactions provided for herein. A certificate of any Lender setting forth such Lender’s determination of the amount or amounts necessary to compensate such Lender shall be delivered to the Borrowers Borrower and shall be conclusive absent manifest error so long as such determination is made on a reasonable basis. The Borrowers Borrower shall pay such Lender the amount shown as due on any such certificate within ten (10) days after receipt thereof.

Appears in 3 contracts

Samples: Credit Agreement (Covance Inc), Credit Agreement (Covance Inc), Credit Agreement (Covance Inc)

Additional Compensation Under Certain Circumstances. The Borrowers agreeBorrower agrees, at the request of any Lender, to compensate such Lender for any loss, cost, expense or reduction in return that such Lender shall reasonably determine shall be incurred or sustained by such Lender as a result of the replacement of any Optional Currency by the Euro and that would not have been incurred or sustained but for the transactions provided for herein. A certificate of any Lender setting forth such Lender’s 's determination of the amount or amounts necessary to compensate such Lender shall be delivered to the Borrowers Borrower and shall be conclusive absent manifest error so long as such determination is made on a reasonable basis. The Borrowers Borrower shall pay such Lender the amount shown as due on any such certificate within ten (10) days Business Days after receipt thereof.

Appears in 2 contracts

Samples: Credit Agreement (EPAM Systems, Inc.), Credit Agreement (EPAM Systems, Inc.)

Additional Compensation Under Certain Circumstances. The Borrowers agreeBorrower agrees, at the request of any Lender, to compensate such Lender for any loss, cost, expense or reduction in return that such Lender shall reasonably determine shall be incurred or sustained by such Lender as a result of the replacement of any Optional Currency by the Euro and that would not have been incurred or sustained but for the transactions provided for herein. A certificate of any Lender setting forth such Lender’s 's determination of the amount or amounts necessary to compensate such Lender shall be delivered to the Borrowers Borrower and shall be conclusive absent manifest error so long as such determination is made on a reasonable basis. The Borrowers Borrower shall pay such Lender the amount shown as due on any such certificate within ten (10) days after receipt thereof.. (iii)

Appears in 2 contracts

Samples: Credit Agreement (Black Box Corp), Credit Agreement (Sun Hydraulics Corp)

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Additional Compensation Under Certain Circumstances. The Borrowers agree, at the request of any Lender, to compensate such Lender for any loss, cost, expense or reduction in return that such Lender shall reasonably determine shall be incurred or sustained by such Lender as a result of the replacement of any Optional Currency by the Euro and that would not have been incurred or sustained but for the transactions provided for herein. A certificate of any Lender setting forth such Lender’s 's determination of the amount or amounts necessary to compensate such Lender shall be delivered to the Borrowers Borrowing Agent and shall be conclusive absent manifest error so long as such determination is made on a reasonable basis. The Borrowers shall pay such Lender the amount shown as due on any such certificate within ten (10) days after receipt thereof.

Appears in 2 contracts

Samples: Credit Agreement (Calgon Carbon Corporation), Credit and Security Agreement (Invacare Corp)

Additional Compensation Under Certain Circumstances. The Borrowers agree, at the request of any Lender, to compensate such Lender for any loss, cost, expense or reduction in return that such Lender shall reasonably determine shall be incurred or sustained by such Lender as a result of the replacement of any Optional Alternative Currency by the Euro and that would not have been incurred or sustained but for the transactions provided for herein. A certificate of any Lender setting forth such Lender’s determination of the amount or amounts necessary to compensate such Lender shall be delivered to the Borrowers and shall be conclusive absent manifest error so long as such determination is made on a reasonable basis. The Borrowers shall pay such Lender the amount shown as due on any such certificate within ten (10) days after receipt thereof.

Appears in 2 contracts

Samples: Credit Agreement (Steel Partners Holdings L.P.), Credit Agreement (Steel Partners Holdings L.P.)

Additional Compensation Under Certain Circumstances. The Borrowers agreeEach Borrower agrees, at the request of any Lender, to compensate such Lender for any loss, cost, expense or reduction in return that such Lender shall reasonably determine shall be incurred or sustained by such Lender as a result of the replacement of any Optional Currency by the Euro and that would not have been incurred or sustained but for the transactions provided for herein. A certificate of any Lender setting forth such Lender’s determination of the amount or amounts necessary to compensate such Lender shall be delivered to the Borrowers and shall be conclusive absent manifest error so long as such determination is made on a reasonable basis. The Borrowers shall pay such Lender the amount shown as due on any such certificate within ten thirty (1030) days after receipt thereof.. 2.10.5

Appears in 1 contract

Samples: Credit Agreement (Designer Brands Inc.)

Additional Compensation Under Certain Circumstances. The Borrowers agreeBorrower agrees, at the request of any Lender, to compensate such Lender for any loss, cost, expense or reduction in return that such Lender shall reasonably determine shall be incurred or sustained by such Lender as a result of the replacement of any Optional Currency by the Euro and that would not have been incurred or sustained but for the transactions provided for herein. A certificate of any Lender setting forth such Lender’s 's determination of the amount or amounts necessary to compensate such Lender shall be delivered to the Borrowers Borrower and shall be conclusive absent manifest error so long as such determination is made on a reasonable basis. The Borrowers Borrower shall pay such Lender the amount shown as due on any such certificate within ten thirty (1030) days after receipt thereof.

Appears in 1 contract

Samples: Credit Agreement (MSA Safety Inc)

Additional Compensation Under Certain Circumstances. The Borrowers agreeBorrower agrees, at the request of any Lender, to compensate such Lender for any loss, cost, expense or reduction in return that such Lender shall reasonably determine shall be incurred or sustained by such Lender as a result of the replacement of any Optional Currency by the Euro and that would not have been incurred or sustained but for the transactions provided for herein. A certificate of any Lender setting forth such Lender’s determination of the amount or amounts necessary to compensate such Lender shall be delivered to the Borrowers Borrower and shall be conclusive absent manifest error so long as such determination is made on a reasonable basis. The Borrowers Borrower shall pay such Lender the amount shown as due on any such certificate within ten (10) days after receipt thereof. .

Appears in 1 contract

Samples: Credit Agreement (Ferroglobe PLC)

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