Additional Provisions Relating to Libor Loans Sample Clauses

Additional Provisions Relating to Libor Loans. (a) If, after the date of this Agreement, any change in any law or the application of the requirements thereof (whether such change occurs in accordance with the terms of such law as enacted, as a result of amendment or otherwise), any change in the interpretation or administration of any law by any governmental authority, or compliance by Lender with any request or directive (whether or not having the force of law) of any governmental authority (each, a "CHANGE OF LAW"):
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Additional Provisions Relating to Libor Loans. ..25 SECTION 3.1. RESERVES OR DEPOSIT REQUIREMENTS, ETC............25 SECTION 3.2. TAX LAW, ETC.....................................26 SECTION 3.3. EUROCURRENCY DEPOSITS UNAVAILABLE OR INTEREST RATE UNASCERTAINABLE................26 SECTION 3.4. INDEMNITY........................................27 SECTION 3.5. CHANGES IN LAW RENDERING LIBOR LOANS UNLAWFUL.....................................27 SECTION 3.6. FUNDING..........................................27
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Additional Provisions Relating to Libor Loans. 22 SECTION 3.1. RESERVES OR DEPOSIT REQUIREMENTS, ETC. 22 SECTION 3.2. TAX LAW, ETC. 22 SECTION 3.3. EURODOLLAR DEPOSITS UNAVAILABLE OR INTEREST RATE UNASCERTAINABLE 23 SECTION 3.4. INDEMNITY 24 SECTION 3.5. CHANGES IN LAW RENDERING LIBOR LOANS UNLAWFUL 24 SECTION 3.6. FUNDING 24 ARTICLE IV. CONDITIONS PRECEDENT 24 SECTION 4.1. CONDITIONS PRECEDENT TO CLOSING 24 SECTION 4.2. CONDITIONS SUBSEQUENT TO CLOSING DATE 26 ARTICLE V. COVENANTS 27 SECTION 5.1. INSURANCE 27 SECTION 5.2. MONEY OBLIGATIONS 27 SECTION 5.3. FINANCIAL STATEMENTS 27 SECTION 5.4. FINANCIAL RECORDS 28 SECTION 5.5. FRANCHISES 28 SECTION 5.6. ERISA COMPLIANCE 28 SECTION 5.7. FINANCIAL COVENANTS 29 SECTION 5.8. BORROWING 29 SECTION 5.9. LIENS 30 SECTION 5.10. REGULATIONS U and X 31 SECTION 5.11. INVESTMENTS AND LOANS 31 SECTION 5.12. MERGER AND SALE OF ASSETS 32 Page SECTION 5.13. ACQUISITIONS 33 SECTION 5.14. NOTICE 33 SECTION 5.15. ENVIRONMENTAL COMPLIANCE 33 SECTION 5.16. AFFILIATE TRANSACTIONS 34 SECTION 5.17. CORPORATE NAMES 34 SECTION 5.18. SUBSIDIARY GUARANTIES 34 SECTION 5.19. OTHER COVENANTS 34 ARTICLE VI. REPRESENTATIONS AND WARRANTIES 35 SECTION 6.1. CORPORATE EXISTENCE; SUBSIDIARIES; FOREIGN QUALIFICATION 35 SECTION 6.2. CORPORATE AUTHORITY 35 SECTION 6.3. COMPLIANCE WITH LAWS 35 SECTION 6.4. LITIGATION AND ADMINISTRATIVE PROCEEDINGS 36 SECTION 6.5. TITLE TO ASSETS 36 SECTION 6.6. LIENS AND SECURITY INTERESTS 36 SECTION 6.7. TAX RETURNS 36 SECTION 6.8. ENVIRONMENTAL LAWS 36 SECTION 6.9. CONTINUED BUSINESS 37 SECTION 6.10. EMPLOYEE BENEFITS PLANS 37 SECTION 6.11. CONSENTS OR APPROVALS 38 SECTION 6.12. SOLVENCY 38 SECTION 6.13. FINANCIAL STATEMENTS 38 SECTION 6.14. REGULATIONS 38 SECTION 6.15. MATERIAL AGREEMENTS 39 SECTION 6.16. INTELLECTUAL PROPERTY 39 SECTION 6.17. INSURANCE 39 SECTION 6.18. ACCURATE AND COMPLETE STATEMENTS 39 SECTION 6.19. DEFAULTS 39 ARTICLE VII. EVENTS OF DEFAULT 40 SECTION 7.1. PAYMENTS 40 SECTION 7.2. SPECIAL COVENANTS 40 SECTION 7.3. OTHER COVENANTS 40 SECTION 7.4. REPRESENTATIONS AND WARRANTIES 40 SECTION 7.5. CROSS DEFAULT 40 SECTION 7.6. ERISA DEFAULT 40 SECTION 7.7. CHANGE IN CONTROL 40 SECTION 7.8. MONEY JUDGMENT 40 SECTION 7.9. VALIDITY OF LOAN DOCUMENTS 41 SECTION 7.10. SOLVENCY 41 Page ARTICLE VIII. REMEDIES UPON DEFAULT 41 SECTION 8.1. OPTIONAL DEFAULTS 41 SECTION 8.2. AUTOMATIC DEFAULTS 42 SECTION 8.3. LETTERS OF CREDIT 42 SECTION 8.4. OFFSETS 42 SECTION 8.5. EQUALIZATION PROVISION 42 ARTICLE IX. THE AGENT 43 SECTION 9.1. APPOINTMENT AND AUTHORIZAT...
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Additional Provisions Relating to Libor Loans 
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Related to Additional Provisions Relating to Libor Loans

  • Special Provisions Relating to Euro Each obligation hereunder of any party hereto that is denominated in the National Currency of a state that is not a Participating Member State on the date hereof shall, effective from the date on which such state becomes a Participating Member State, be redenominated in Euro in accordance with the legislation of the European Union applicable to the European Monetary Union; provided that, if and to the extent that any such legislation provides that any such obligation of any such party payable within such Participating Member State by crediting an account of the creditor can be paid by the debtor either in Euros or such National Currency, such party shall be entitled to pay or repay such amount either in Euros or in such National Currency. If the basis of accrual of interest or fees expressed in this Agreement with respect to an Agreed Foreign Currency of any country that becomes a Participating Member State after the date on which such currency becomes an Agreed Foreign Currency shall be inconsistent with any convention or practice in the interbank market for the basis of accrual of interest or fees in respect of the Euro, such convention or practice shall replace such expressed basis effective as of and from the date on which such state becomes a Participating Member State; provided that, with respect to any Borrowing denominated in such currency that is outstanding immediately prior to such date, such replacement shall take effect at the end of the Interest Period therefor. Without prejudice to the respective liabilities of the Borrower to the Lenders and the Lenders to the Borrower under or pursuant to this Agreement, each provision of this Agreement shall be subject to such reasonable changes of construction as the Administrative Agent may from time to time, in consultation with the Borrower, reasonably specify to be necessary or appropriate to reflect the introduction or changeover to the Euro in any country that becomes a Participating Member State after the date hereof; provided that the Administrative Agent shall provide the Borrower and the Lenders with prior notice of the proposed change with an explanation of such change in sufficient time to permit the Borrower and the Lenders an opportunity to respond to such proposed change.

  • Additional Provisions Relating to Customer 6.1 Representations of Customer and Bank

  • Other Provisions Relating to Credit Facilities 24 3.1 Default Rate.....................................................24

  • Provisions Relating to Accounts (a) Anything herein to the contrary notwithstanding, each of the Grantors shall remain liable under each of the Accounts to observe and perform all the conditions and obligations to be observed and performed by it thereunder, all in accordance with the terms of any agreement giving rise to each such Account. Neither the Administrative Agent nor any holder of the Secured Obligations shall have any obligation or liability under any Account (or any agreement giving rise thereto) by reason of or arising out of this Security Agreement or the receipt by the Administrative Agent or any holder of the Secured Obligations of any payment relating to such Account pursuant hereto, nor shall the Administrative Agent or any holder of the Secured Obligations be obligated in any manner to perform any of the obligations of a Grantor under or pursuant to any Account (or any agreement giving rise thereto), to make any payment, to make any inquiry as to the nature or the sufficiency of any payment received by it or as to the sufficiency of any performance by any party under any Account (or any agreement giving rise thereto), to present or file any claim, to take any action to enforce any performance or to collect the payment of any amounts that may have been assigned to it or to which it may be entitled at any time or times.

  • Additional Provisions Related to Exercise (a) The Option shall be exercisable only on such date or dates and during such period and for such number of shares of Common Stock as are set forth in this Agreement.

  • Special Provisions Relating to Certain Collateral 13 Section 4.05. Remedies. 15 Section 4.06. Deficiency 17 Section 4.07. Locations, Names, Etc 17 Section 4.08. Private Sale 17 Section 4.09. Application of Proceeds 17 Section 4.10. Attorney in Fact and Proxy 17 Section 4.11. Perfection and Recordation 18 Section 4.12. Termination 18 Section 4.13. Further Assurances 18

  • Provisions Relating to Securitization (a) For so long as an Initial Note Holder or its Affiliate (an “Initial Note Holder Entity”) is the owner of its Note(s), such Initial Note Holder Entity shall have the right, subject to the terms of the Mortgage Loan Documents, to cause the Borrower to execute amended and restated notes or additional notes (in either case “New Notes”) reallocating the principal of its Note(s) or severing its Note(s) into one or more further “component” notes in the aggregate principal amount equal to the then-outstanding principal balance of its Note(s), provided that (i) the aggregate principal balance of the New Notes following such amendments is no greater than the principal balance of the related original Note(s) prior to such amendments, (ii) all New Notes continue to have the same weighted average interest rate as the original Note(s) prior to such amendments, (iii) all New Notes pay pro rata and on a pari passu basis and such reallocated or component notes shall be automatically subject to the terms of this Agreement and (iv) the Initial Note Holder Entity holding the New Notes shall notify the other Holders (or, for any Note that has been contributed to a Securitization, to the trustee and the applicable master servicer of such Securitization) in writing of such modified allocations and principal amounts. In connection with the foregoing, (1) the Master Servicer is hereby authorized to execute amendments to the Loan Agreement and this Agreement (or to amend and restate the Loan Agreement and this Agreement) on behalf of any or all of the Holders solely for the purpose of reflecting such reallocation of principal or such severing of Note(s), (2) if a Note is severed into “component” notes, such component notes shall each have their same rights as the respective original Note (except if such original Note is Note A-1, then the applicable Initial Note Holder shall designate one of the New Notes to take the place of Note A-1 in the definitions of “Directing Holder”, “Lead Note”, “Lead Securitization”, “Non-Directing Holder” and “Servicing Agreement”), and (3) the definition of the term “Securitization” and all of the related defined terms may be amended (and new terms added, as necessary) to reflect the New Notes. Rating Agency Confirmation shall not be required for any amendments to this Agreement required to facilitate the terms of this paragraph 18(a).

  • Conditions relating to Optional Currencies (a) A currency will constitute an Optional Currency in relation to a Loan if:

  • Agency Provisions Relating to Collateral Each Lender authorizes and ratifies Agent's entry into this Agreement and the Security Documents for the benefit of Lenders. Each Lender agrees that any action taken by Agent with respect to the Collateral in accordance with the provisions of this Agreement or the Security Documents, and the exercise by Agent of the powers set forth herein or therein, together with such other powers as are reasonably incidental thereto, shall be authorized and binding upon all Lenders. Agent is hereby authorized on behalf of all Secured Parties, without the necessity of any notice to or further consent from any Lender to take any action with respect to any Collateral or the Loan Documents which may be necessary to perfect and maintain perfected Agent's Liens upon the Collateral, for the benefit of the other Secured Parties. Lenders hereby irrevocably authorize Agent, at its option and in its discretion, to release any Lien granted to or held by Agent upon any Collateral (i) upon termination of the Agreement and payment and satisfaction of all Obligations; or (ii) constituting Property in which no Borrower owned any interest at the time the Lien was granted or at any time thereafter; or (iii) in connection with any foreclosure sale or other disposition of Collateral after the occurrence and during the continuance of an Event of Default; or (iv) if approved, authorized or ratified in writing by Agent at the direction of all Lenders. Upon request by Agent at any time, Xxxxxxx will confirm in writing Agent's authority to release particular types or items of Collateral pursuant hereto. Agent shall have no obligation whatsoever to any Lender or to any other Person to assure that the Collateral exists or is owned by any Borrower or is cared for, protected or insured or has been encumbered or that the Liens granted to Agent herein or pursuant to the Security Documents have been properly or sufficiently or lawfully created, perfected, protected or enforced or are entitled to any particular priority, or to exercise at all or in any particular manner or under any duty of care, disclosure or fidelity, or to continue exercising, any of its rights, authorities and powers granted or available to Agent in this Section 11.7 or in any of the Loan Documents, it being understood and agreed that in respect of the Collateral, or any act, omission or event related thereto, Agent may act in any manner it may deem appropriate, in its sole discretion, but consistent with the provisions of this Agreement, including given Agent's own interest in the Collateral as a Lender and that Agent shall have no duty or liability whatsoever to any Lender.

  • Provisions Relating to Dividend Disbursing Agency A. Service Company will, at the expense of Fund, provide a special form of check containing the imprint of any device or other matter desired by Fund. Said checks must, however, be of a form and size convenient for use by Service Company.

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