Additional Interest Costs Sample Clauses

Additional Interest Costs. (a) If and so long as any Lender is required to comply with reserve assets, liquidity, cash margin or other requirements of any monetary or other authority (including any such requirement imposed by the European Central Bank or the European System of Central Banks, but excluding requirements reflected in the Eurocurrency Reserve Percentage) in respect of any of such Lender's Eurocurrency Loans in any Foreign Currency, such Lender may require the Borrower to pay, contemporaneously with each payment of interest on each of such Loans subject to such requirements, additional interest on such Loan at a rate per annum specified by such Lender to be the cost of such Lender of complying with such requirements in relation to such Loan. (b) Any additional interest owed pursuant to Section 2.17(a) above shall be determined by the relevant Lender and notified to the Borrower (with a copy to the Administrative Agent) in the form of a certificate setting forth such additional interest at least five (5) Business Days before each date on which interest is payable for the relevant Loan, and such additional interest so notified to the Borrower by such Lender shall be payable to the Administrative Agent for the account of such Lender on each date on which interest is payable for such Loan. (c) Failure or delay on the part of any Lender on any occasion to demand additional interest pursuant to this Section 2.17 shall not constitute a waiver of such Lender's right to demand such additional interest on any subsequent occasion.