Common use of Additional Reserve Costs Clause in Contracts

Additional Reserve Costs. (a) [reserved]. (b) 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) in respect of any of such Lender’s Loans, such Lender may require the relevant Borrower to pay, contemporaneously with each payment of interest on each of such Lender’s Loans subject to such requirements, additional interest on such Loans at a rate per annum specified by such Lender to be the cost to such Lender of complying with such requirements in relation to such Loans. (c) Any additional interest owed pursuant to paragraph (a) or (b) above shall be determined by the relevant Lender, acting in good faith, which determination shall be conclusive absent manifest error, and notified to the relevant Borrower (with a copy to the Administrative Agent) at least five Business Days before each date on which interest is payable for the relevant Loans, and such additional interest so notified to the relevant Borrower by such Lender shall be payable to such Lender on each date on which interest is payable for such Loans.

Additional Reserve Costs. (a) [reservedReserved]. (b) If and For 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 Bank, the European System of Central BanksBanks or the Bank of Canada, but excluding requirements reflected in the Statutory Reserves) in respect of any of such Lender’s Eurodollar Rate Loans, such Lender may shall be entitled to require the relevant Parent Borrower to pay, contemporaneously with each payment of interest on each of such Lender’s Loans subject to such requirements, additional interest on such Loans Loan at a rate per annum specified by such Lender to be the cost to such Lender of complying with such requirements in relation to such LoansLoan. (c) Any additional interest owed pursuant to paragraph (a) or (b) above shall be determined in reasonable detail by the relevant applicable Lender, acting in good faith, which determination shall be conclusive absent manifest error, and notified to the relevant Parent Borrower (with a copy to the Administrative Agent) at least five Business Days before each date on which interest is payable for the relevant Loansapplicable Loan, and such additional interest so notified to the relevant Parent 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 LoansLoan.

Additional Reserve Costs. (a) [reservedReserved]. (b) If and For 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 Bank, the European System of Central BanksBanks or the Bank of Canada, but excluding requirements reflected in the Statutory Reserves) in respect of any of such Lender’’s Eurodollar Rate Loans, such Lender may shall be entitled to require the relevant Parent Borrower to pay, contemporaneously with each payment of interest on each of such Lender’’s Loans subject to such requirements, additional interest on such Loans Loan at a rate per annum specified by such Lender to be the cost to such Lender of complying with such requirements in relation to such LoansLoan. (c) Any additional interest owed pursuant to paragraph (a) or (b) above shall be determined in reasonable detail by the relevant applicable Lender, acting in good faith, which determination shall be conclusive absent manifest error, and notified to the relevant Parent Borrower (with a copy to the Administrative Agent) at least five Business Days before each date on which interest is payable for the relevant Loansapplicable Loan, and such additional interest so notified to the relevant Parent 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 LoansLoan.

Additional Reserve Costs. (a) [reservedReserved]. (b) 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) in respect of any of such Lender’s Loans, such Lender may require the relevant Borrower to pay, contemporaneously with each payment of interest on each of such Lender’s Loans subject to such requirements, additional interest on such Loans at a rate per annum specified by such Lender to be the cost to such Lender of complying with such requirements in relation to such Loans. (c) Any additional interest owed pursuant to paragraph (a) or (b) above shall be determined by the relevant Lender, acting in good faith, which determination shall be conclusive absent manifest error, and notified to the Parent Borrower on behalf of the relevant Borrower (with a copy to the Administrative Agent) at least five (5) Business Days before each date on which interest is payable for the relevant Loans, and such additional interest so notified to the Parent Borrower on behalf of the relevant Borrower by such Lender shall be payable to such Lender on each date on which interest is payable for such Loans.

Additional Reserve Costs. (a) [reservedReserved]. (b) If and so long as any Lender lending from a branch or office located in a Participating Member State of the European Union that has adopted the Euro 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 BanksBanks (but excluding requirements reflected in the Statutory Reserve Rate) in respect of any of such Lender’s Alternative Currency Loans, such Lender may require the relevant Borrower to pay, contemporaneously with each payment of interest on each of such Lender’s Loans subject to such requirementsLoan, additional interest on such Loans Loan at a rate per annum specified determined by such Lender to be the cost to such Lender of complying with such requirements in relation to such LoansLoan. (c) Any additional interest owed pursuant to paragraph (a) or (b) above shall be determined by the relevant Lender, acting in good faith, which determination shall be conclusive absent manifest error, and notified to the relevant Borrower (with a copy to the Administrative Agent) at least five Business Days before each date on which interest is payable for the relevant LoansLoan, and such additional interest so notified to the relevant 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 LoansLoan.