Common use of Additional Interest on Eurodollar Advances Clause in Contracts

Additional Interest on Eurodollar Advances. The Company 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, from the effective date of such 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 (A) the Eurodollar Reference Rate for the Interest Period for such Advance from (B) the rate obtained by dividing such Eurodollar Reference 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 Advance. Such additional interest payable to any Lender shall be determined by such Lender and notified to the Company through the Administrative Agent (such notice to include the calculation of such additional interest, which calculation shall be conclusive in the absence of manifest error, and be accompanied by any evidence indicating the need for such additional interest as the Company may reasonably request).

Additional Interest on Eurodollar Advances. The Company Borrower shall pay to each LenderParticipant, so long as any such Lender Participant 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 AdvanceAdvances of such Participant, from the effective date of such 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 (Ai) the Eurodollar Reference Rate for the Interest Period for such Advance from (Bii) the rate obtained by dividing such Eurodollar Reference Rate by a percentage equal to 100% minus the Eurodollar Rate Reserve Percentage of such Lender Participant for such Eurodollar Advances for such Interest Period, payable on each date on which interest is payable on such Advance. Such additional interest payable to any Lender Participant shall be determined by such Lender Participant and notified to the Company Borrower through the Administrative Agent (such notice to include the calculation of such additional interest, which calculation shall be conclusive in the absence of absent manifest error, and be accompanied by any evidence indicating the need for such additional interest as the Company Borrower may reasonably request).