Common use of Additional Reserve Costs Clause in Contracts

Additional Reserve Costs. (a) If and for so long as any Lender is required to make special deposits with the Bank of England, to maintain reserve asset ratios or to pay fees, in each case in respect of all or any portion of such Lender's Loans in any Local Currency, such Lender may require the Borrower to pay, contemporaneously with each payment of Interest on each of such Loans, additional interest on such Loan at a rate per annum equal to the Mandatory Costs Rate calculated in accordance with the formula and in the manner set forth in Exhibit F hereto.

Appears in 2 contracts

Samples: Receivables Loan Agreement (TRW Automotive Inc), Receivables Loan Agreement (TRW Automotive Inc)

AutoNDA by SimpleDocs

Additional Reserve Costs. (a) If and for so long as any Revolving Lender is required to make special deposits with the Bank of England, to maintain reserve asset ratios or to pay fees, in each case in respect of all or any portion of such Revolving Lender's Loans in any Local CurrencyForeign Currency Loans, such Revolving Lender may require the relevant Foreign Subsidiary Borrower to pay, contemporaneously with each payment of Interest interest on each of such Foreign Currency Loans, additional interest on such Foreign Currency Loan at a rate per annum equal to the Mandatory Costs Rate calculated in accordance with the formula and in the manner set forth in Exhibit F K hereto.

Appears in 2 contracts

Samples: Credit Agreement (Trimas Corp), Credit Agreement (Trimas Corp)

Additional Reserve Costs. (a) If and for so long as any Lender is required to make special deposits with the Bank of England, to maintain reserve asset ratios or to pay fees, in each case in respect of all or any portion of such Lender's ’s Eurocurrency Loans in any Local Designated Foreign Currency, such Lender may require the relevant Borrower to pay, contemporaneously with each payment of Interest interest on each of such Loansloans, additional interest on such Loan loan at a rate per annum equal to the Mandatory Costs Rate calculated in accordance with the formula and in the manner set forth in Exhibit F D hereto.

Appears in 2 contracts

Samples: Credit Agreement (Valspar Corp), Credit Agreement (Valspar Corp)

Additional Reserve Costs. (a) If and for so long as any Lender is required to make special deposits with the Bank of England, to maintain reserve asset ratios or to pay fees, in each case in respect of all or any portion of such Lender's Loans (to the extent not reflected in any Local CurrencyStatutory Reserves), such Lender may require the relevant Borrower to pay, contemporaneously with each payment of Interest interest on each of such Loans, additional interest on such Loan Loans at a rate per annum equal to the Mandatory Costs Rate calculated in accordance with the formula and in the manner set forth in Exhibit F C hereto.

Appears in 2 contracts

Samples: Bridge Credit Agreement (Coors Adolph Co), Credit Agreement (Coors Adolph Co)

Additional Reserve Costs. (a) If and for so long as any Lender is required to make special deposits with the Bank of England, to maintain reserve asset ratios or to pay fees, in each case in respect of all or any portion of such Lender's LIBOR Loans in any Local Committed Foreign Currency, such Lender may require the relevant Borrower to pay, contemporaneously with each payment of Interest interest on each of such Loans, additional interest on such Loan at a rate per annum equal to the Mandatory Costs Rate calculated in accordance with the formula and in the manner set forth in Exhibit F J hereto.

Appears in 2 contracts

Samples: Credit Agreement (Millennium Chemicals Inc), Credit Agreement (Millennium America Inc)

Additional Reserve Costs. (a) If and for so long as any Lender is required to make special deposits with the Bank of England, to maintain reserve asset ratios or to pay fees, in each case in respect of all or any portion of such Lender's Loans in any Local Currency’s Loans, such Lender may require the relevant Borrower to pay, contemporaneously with each payment of Interest interest on each of such Loans, additional interest on such Loan Loans at a rate per annum equal to the Mandatory Costs Rate calculated in accordance with the formula and in the manner set forth in Exhibit F E hereto.

Appears in 1 contract

Samples: Term Loan Agreement (Molson Coors Brewing Co)

Additional Reserve Costs. (a) If and for so long as any Lender is required to make special deposits with the Bank of England, to maintain reserve asset ratios or to pay fees, in each case in respect of all or any portion of such Lender's Eurocurrency Loans in any Local Foreign Currency, such Lender may require the relevant Borrower to pay, contemporaneously with each payment of Interest interest on each of such Loans, additional interest on such Loan at a rate per annum equal to the Mandatory Costs Rate calculated in accordance with the formula and in the manner set forth in Exhibit F hereto.

Appears in 1 contract

Samples: Day Credit Agreement (Conoco Inc /De)

Additional Reserve Costs. (a) If and for so long as any Lender is required by the Bank of England or any other monetary or other authority of the United Kingdom to make special deposits with the Bank of Englanddeposits, to maintain reserve asset ratios or to pay fees, in each case in respect of all or any portion of such Lender's Loans in any Local CurrencyEurocurrency Loans, such Lender may require the Borrower to pay, contemporaneously with each payment of Interest interest on each of such Loans, additional interest on such Loan at a rate per annum equal to the Mandatory Costs Rate calculated in accordance with the formula and in the manner set forth in Exhibit F D hereto.

Appears in 1 contract

Samples: Guaranty Agreement (Pall Corp)

Additional Reserve Costs. (a) If and for so long as any Lender Bank is required to make special deposits with the Bank of England, to maintain reserve asset ratios or to pay fees, in each case in respect of all or any portion of such Lender's Bank’s Euro-Currency Loans in any Local Alternative Currency, such Lender Bank may require the relevant Borrower to pay, contemporaneously with each payment of Interest interest on each of such Loans, additional interest on such Loan at a rate per annum equal to the Mandatory Costs Rate calculated in accordance with the formula and in the manner set forth in Exhibit F H hereto.

Appears in 1 contract

Samples: Credit Agreement (Heinz H J Co)

Additional Reserve Costs. (a) If and for so long as any Lender Bank is required to make special deposits with the Bank of England, to maintain reserve asset ratios or to pay fees, in each case in respect of all or any portion of such LenderBank's Euro-Currency Loans in any Local Alternative Currency, such Lender Bank may require the relevant Borrower to pay, contemporaneously with each payment of Interest interest on each of such Loans, additional interest on such Loan at a rate per annum equal to the Mandatory Costs Rate calculated in accordance with the formula and in the manner set forth in Exhibit F H hereto.

Appears in 1 contract

Samples: Credit Agreement (Heinz H J Co)

AutoNDA by SimpleDocs

Additional Reserve Costs. (a) If and for so long as any Lender is required by the Bank of England or any other monetary or other authority of the United Kingdom to make special deposits with the Bank of Englanddeposits, to maintain reserve asset ratios or to pay fees, in each case in respect of all or any portion of such Lender's Loans in any Local Currency’s LIBO Rate Loans, such Lender may require the Borrower to pay, contemporaneously with each payment of Interest interest on each of such Loans, additional interest on such Loan at a rate per annum equal to the Mandatory Costs Rate calculated in accordance with the formula and in the manner set forth in Exhibit F D hereto.

Appears in 1 contract

Samples: Year Credit Agreement (Broadridge Financial Solutions, Inc.)

Additional Reserve Costs. (a) If and for For so long as any Lender is required to make special deposits with the Bank of England or comply with reserve assets, liquidity, cash margin or other requirements of the Bank of England, to maintain reserve asset ratios or to pay fees, in each case in respect of all or any portion of such Lender's ’s Eurocurrency Revolving Loans in any Local Currencyor Swingline Euro Loans, such Lender may require the applicable Borrower to shall pay, contemporaneously with each payment of Interest interest on each of such Loans, additional interest on such Loan at a rate per annum equal to the Mandatory Costs Rate calculated in accordance with the formula and in the manner set forth in Exhibit F heretoRate.

Appears in 1 contract

Samples: Credit Agreement (Nalco Holding CO)

Additional Reserve Costs. (a) If and for so long as any Lender is required to make special deposits with the Bank of England, to maintain reserve asset ratios or to pay fees, in each case in respect of all or any portion of such Lender's Loans in any Local Currency’s Eurocurrency Loans, such Lender may require the relevant Borrower to pay, contemporaneously with each payment of Interest interest on each of such Loans, additional interest on such Loan at a rate per annum equal to the Mandatory Costs Rate calculated in accordance with the formula and in the manner set forth in Exhibit F E hereto.

Appears in 1 contract

Samples: Five Year Credit Agreement (Bowne & Co Inc)

Additional Reserve Costs. (a) If and for so long as any Lender is required to make special deposits with the Bank of England, to maintain reserve asset ratios or to pay fees, in each case in respect of all or any portion of such Lender's Loans in any Local Currency’s Loans, such Lender may require the relevant Borrower to pay, contemporaneously with each payment of Interest interest on each of such Loans, additional interest on such Loan Loans at a rate per annum equal to the Mandatory Costs Rate calculated in accordance with the formula and in the manner set forth in Exhibit F D hereto.

Appears in 1 contract

Samples: Credit Agreement (Molson Coors Brewing Co)

Additional Reserve Costs. (a) If and for so long as any Lender is required by the Bank of England or any other monetary or other authority of the United Kingdom to make special deposits with the Bank of Englanddeposits, to maintain reserve asset ratios or to pay fees, in each case in respect of all or any portion of such Lender's Loans in any Local Currency’s LIBO Rate Loans, such Lender may require the Borrower to pay, contemporaneously with each payment of Interest interest on each of such Loans, additional interest on such Loan at a rate per annum equal to the Mandatory Costs Rate calculated in accordance with the formula and in the manner set forth in Exhibit F hereto.D.

Appears in 1 contract

Samples: Credit Agreement (Broadridge Financial Solutions, Inc.)

Additional Reserve Costs. (a) If and for so long as any Lender is required to make special deposits with the Bank of England, to maintain reserve asset ratios or to pay fees, in each case in respect of all or any portion of such Lender's ’s LIBOR Loans in any Local Foreign Currency, such Lender may require the a Borrower to pay, contemporaneously with each payment of Interest interest on each of such LoansLIBOR Loan, additional interest on such LIBOR Loan at a rate per annum equal to the Mandatory Costs Rate rate calculated in accordance with the formula and in the manner set forth in Exhibit F heretoSchedule 1.1(b).

Appears in 1 contract

Samples: Credit Agreement (Crawford & Co)

Time is Money Join Law Insider Premium to draft better contracts faster.