Common use of Additional Interest on Eurodollar Advances Clause in Contracts

Additional Interest on Eurodollar Advances. The Borrowers shall, jointly and severally, pay to each Lender, so long as any such Lender shall be required under regulations of the Federal Reserve Board to maintain reserves with respect to liabilities or assets consisting of or including Eurocurrency Liabilities, additional interest on the unpaid principal amount of each Eurodollar Advance of such Lender, from the effective date of such Revolving Advance until such principal amount is paid in full, at an interest rate per annum equal at all times to the remainder obtained by subtracting (i) the Eurodollar Rate for the Interest Period for such Revolving Advance from (ii) the rate obtained by dividing such Eurodollar Rate by a percentage equal to 100% minus the Eurodollar Rate Reserve Percentage of such Lender for such Interest Period, payable on each date on which interest is payable on such Revolving Advance. Such additional interest payable to any Lender shall be determined by such Lender and notified to the Borrowers through the Administrative Agent (such notice to include the calculation of such additional interest, which calculation shall be conclusive absent demonstrable error, and be accompanied by any evidence indicating the need for such additional interest as the Borrowers may reasonably request) within 90 days after such Lender becomes required to maintain such reserves.

Additional Interest on Eurodollar Advances. The Borrowers shall, jointly and severally, Borrower shall pay to each Lender, so long as any such Lender shall be required under regulations of the Federal Reserve Board to maintain reserves with respect to liabilities or assets consisting of or including Eurocurrency Liabilities, additional interest on the unpaid principal amount of each the Eurodollar Advance Advances of such Lender, from the effective date of such Revolving Advance until such principal amount is paid in full, at an interest rate per annum equal at all times to the remainder obtained by subtracting (i) the Eurodollar Rate for the Interest Period for such Revolving Advance from (ii) the rate obtained by dividing such Eurodollar Rate by a percentage equal to 100% minus the Eurodollar Rate Reserve Percentage of such Lender for such Eurodollar Advances for such Interest Period, payable on each date on which interest is payable on such Revolving Advance. Such additional interest payable to any Lender shall be determined by such Lender and notified to the Borrowers Borrower through the Administrative Agent (such notice to include the calculation of such additional interest, which calculation shall be conclusive absent demonstrable manifest error, and be accompanied by any evidence indicating the need for such additional interest as the Borrowers Borrower may reasonably request) within 90 days after such Lender becomes required to maintain such reserves).

Additional Interest on Eurodollar Advances. The Borrowers shall, jointly and severally, Each Borrower shall pay to each Lender, so long as any such Lender shall be required under regulations of the Federal Reserve Board to maintain reserves with respect to liabilities or assets consisting of or including Eurocurrency Liabilities, additional interest on the unpaid principal amount of each Eurodollar Advance of made to such Borrower by such Lender, from the effective date of such Revolving Advance until such principal amount is paid in full, at an interest rate per annum equal at all times to the remainder obtained by subtracting (i) the Eurodollar Rate for the Interest Period for such Revolving Advance from (ii) the rate obtained by dividing such Eurodollar Rate by a percentage equal to 100% minus the Eurodollar Rate Reserve Percentage of such Lender for such Interest Period, payable on each date on which interest is payable on such Revolving Advance. Such additional interest payable to any Lender shall be determined by such Lender and notified to the Borrowers through the Administrative Collateral Agent (such notice to include the calculation of such additional interest, which calculation shall be conclusive absent demonstrable in the absence of manifest error, and be accompanied by any evidence indicating the need for such additional interest as the Borrowers any Borrower may reasonably request) within 90 days after such Lender becomes required to maintain such reserves).

Additional Interest on Eurodollar Advances. The Borrowers shall, jointly and severally, Each Borrower shall pay to each Lender, so long as any such Lender shall be required under regulations of the Federal Reserve Board to maintain reserves with respect to liabilities or assets consisting of or including Eurocurrency Liabilities, additional interest on the unpaid principal amount of each Eurodollar Advance of made to such Borrower by such Lender, from the effective date of such Revolving Advance until such principal amount is paid in full, at an interest rate per annum equal at all times to the remainder obtained by subtracting (i) the Eurodollar Rate for the Interest Period for such Revolving Advance from (ii) the rate obtained by dividing such Eurodollar Rate by a percentage equal to 100% minus the Eurodollar Rate Reserve Percentage of such Lender for such Interest Period, payable on each date on which interest is payable on such Revolving Advance. Such additional interest payable to any Lender shall be determined by such Lender and notified to the Borrowers through the Administrative Facility Agent (such notice to include the calculation of such additional interest, which calculation shall be conclusive absent demonstrable in the absence of manifest error, and be accompanied by any evidence indicating the need for such additional interest as the Borrowers any Borrower may reasonably request) within 90 days after such Lender becomes required to maintain such reserves).

Additional Interest on Eurodollar Advances. The Borrowers shall, jointly and severally, Each Borrower shall pay to each Revolving Credit Lender, so long as any such Revolving Credit Lender shall be required under regulations of the Federal Reserve Board to maintain reserves with respect to liabilities or assets consisting of or including Eurocurrency Liabilities, additional interest on the unpaid principal amount of each Eurodollar Advance of made to such Borrower by such Revolving Credit Lender, from the effective date of such Revolving Advance until such principal amount is paid in full, at an interest rate per annum equal at all times to the remainder obtained by subtracting (i) the Eurodollar Rate for the Interest Period for such Revolving Advance from (ii) the rate obtained by dividing such Eurodollar Rate by a percentage equal to 100% minus the Eurodollar Rate Reserve Percentage of such Revolving Credit Lender for such Interest Period, payable on each date on which interest is payable on such Revolving Advance. Such additional interest payable to any Revolving Credit Lender shall be determined by such Revolving Credit Lender and notified to the Borrowers through the Administrative Agent (such notice to include the calculation of such additional interest, which calculation shall be conclusive absent demonstrable in the absence of manifest error, and be accompanied by any evidence indicating the need for such additional interest as the Borrowers any Borrower may reasonably request) within 90 days after such Lender becomes required to maintain such reserves).

Additional Interest on Eurodollar Advances. The Borrowers shall, jointly and severally, Borrower shall pay to each LenderBank, so long as any such Lender Bank shall be required under regulations of the Federal Reserve Board to maintain reserves with respect to liabilities or assets consisting of or including Eurocurrency Liabilities, additional interest on the unpaid principal amount of each Eurodollar Advance of such LenderBank, from the effective later of (i) the date of such Revolving Advance and (ii) the date such reserve requirement is imposed until the earlier of (A) the date such principal amount is paid in fullfull and (B) the date such reserve requirement is suspended, at an interest rate per annum equal at all times to the remainder obtained by subtracting (i1) the Eurodollar Rate for the Interest Period for such Revolving Advance from (ii2) the rate obtained by dividing such Eurodollar Rate by a percentage equal to 100% minus the Eurodollar Rate Reserve Percentage of such Lender Bank for such Interest Period, payable on each date on which interest is payable on such Revolving Advance. Such additional interest payable to any Lender Bank shall be determined by such Lender Bank and notified to the Borrowers Borrower through the Administrative Agent (such notice to include the calculation of such additional interest, which calculation shall be conclusive absent demonstrable in the absence of manifest error). Each Bank agrees to use commercially reasonable efforts (consistent with its internal policy and legal and regulatory restrictions) to designate a different Applicable Lending Office if the making of such a designation would avoid the effect of this paragraph and would not, and in the reasonable judgment of such Bank, be accompanied by any evidence indicating the need for otherwise materially disadvantageous to such additional interest as the Borrowers may reasonably request) within 90 days after such Lender becomes required to maintain such reservesBank.