Common use of Break Costs Clause in Contracts

Break Costs. (a) If an amount is specified as Break Costs in the Compounded Rate Terms, the Borrower shall, within six (6) Business Days of demand by a Finance Party, pay to that Finance Party its Break Costs attributable to all or any part of a Loan or Unpaid Sum being paid by the Borrower on a day other than the last day of an Interest Period for that Loan or Unpaid Sum. (b) Each Lender shall, as soon as reasonably practicable after a demand by the Agent, confirm by email or otherwise the amount of its Break Costs for any Interest Period in which they accrue.

Appears in 2 contracts

Samples: Amendment and Restatement Agreement (Hafnia LTD), Amendment and Restatement Agreement (Hafnia LTD)

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Break Costs. (a) If an amount is specified as Break Costs in the Compounded Rate Terms, the The Borrower shall, within six (6) five Business Days of demand by a Finance Party, pay to that Finance Party its Break Costs attributable to all or any part of a Loan or an Unpaid Sum being paid by the Borrower on a day other than the last day of an Interest Period for that Loan or that Unpaid Sum. (b) Each Lender shall, as soon as reasonably practicable after together with its demand made pursuant to paragraph (a) above, provide a demand by certificate confirming the Agentamount, confirm by email or otherwise and setting out the amount computation of its Break Costs for any Interest Period in which they accrue.

Appears in 2 contracts

Samples: Facility Agreement (Chartered Semiconductor Manufacturing LTD), Facility Agreement (Chartered Semiconductor Manufacturing LTD)

Break Costs. (a) If an amount is specified as Break Costs in the Compounded Rate TermsSubject to Clause 8.10(b), the each Borrower shall, within six (6) five Business Days of demand by a Finance Party, pay to that Finance Party its Break Costs attributable to all or any part of a Loan or Unpaid Sum being paid by the that Borrower on a day other than the last day of an Interest Period for that Loan or Unpaid Sum. (b) Each Lender shall, as soon as reasonably practicable after a demand by the Agent, confirm by email or otherwise provide a certificate confirming the amount of its Break Costs for any Interest Period in which they accrue.

Appears in 2 contracts

Samples: Facilities Agreement (Luxottica Group Spa), Facilities Agreement (Luxottica Group Spa)

Break Costs. (a) If an amount is specified as Break Costs in the Compounded Rate TermsSubject to paragraph (b) of Clause 8.7 (Restrictions), the each Borrower shall, within six (6) five Business Days of demand by a Finance Party, pay to that Finance Party its Break Costs attributable to all or any part of a Loan or Unpaid Sum being paid by the that Borrower on a day other than the last day of an Interest Period for that Loan or Unpaid Sum. (b) Each Lender shall, as soon as reasonably practicable after a demand by the Agent, confirm by email or otherwise provide a certificate confirming the amount of its Break Costs for any Interest Period in which they accrue.

Appears in 2 contracts

Samples: Multicurrency Revolving Facility Agreement (Luxottica Group Spa), Facility Agreement (Luxottica Group Spa)

Break Costs. (a) If an amount is specified as Break Costs in the Compounded Rate Terms, the Borrower shall, within six (6) Business Days of demand by a Finance Party, pay to that Finance Party its Break Costs attributable to all or any part of a Revolving Credit Facility Loan or Unpaid Sum being paid by the Borrower on a day other than the last day of an Interest Period for that Revolving Credit Facility Loan or Unpaid Sum. (b) Each Lender shall, as soon as reasonably practicable after a demand by the Agent, confirm by email or otherwise the amount of its Break Costs for any Interest Period in which they accrue.

Appears in 2 contracts

Samples: Loan Agreement (Hafnia LTD), Loan Agreement (Hafnia LTD)

Break Costs. (a) If an amount is specified as Break Costs in the Compounded Rate Terms, the 13.4.1 The Borrower shall, within six (6) five Business Days of demand by a Finance Party, pay to that Finance Party its Break Costs attributable to all or any part of a Loan or Unpaid Sum being paid by the Borrower it on a day other than the last day of an Interest Period for that Loan or Unpaid Sum. (b) 13.4.2 Each Lender shall, as soon as reasonably practicable after a demand by the Agent, confirm by email or otherwise provide a certificate confirming the amount of its Break Costs for any Interest Period in which they accrue.

Appears in 2 contracts

Samples: Multicurrency Revolving Credit Agreement (Mercer International Inc), Revolving Credit Facility Agreement (Mercer International Inc.)

Break Costs. (a) If an amount is specified as Break Costs in the Compounded Rate Terms, the Each Borrower shall, within six (6) five Business Days of demand by a Finance Party, pay to that Finance Party its Break Costs (if any) attributable to all or any part of a that Term Loan or Unpaid Sum being paid by the that Borrower on a day other than prior to the last day of an Interest Period for that Term Loan or Unpaid Sum. (b) Each Lender shall, as soon as reasonably practicable after a demand by the Agent, confirm by email or otherwise provide a certificate confirming the amount of its Break Costs for any Interest Period in respect of which they accruebecome, or may become, payable.

Appears in 1 contract

Samples: Facility Agreement (Pilgrims Pride Corp)

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Break Costs. (aA) If an amount is specified as Break Costs in the Compounded Rate Terms, the The Borrower shall, within six (6) five Business Days of demand by a Finance Party, pay to that Finance Party its Break Costs attributable to all or any part of a the Loan or Unpaid Sum being paid by the Borrower on a day other than the last day of an Interest Period for that the Loan or Unpaid Sum. (bB) Each Lender shall, as soon as reasonably practicable after a demand by the AgentAgent or the Borrower, confirm by email or otherwise provide a letter to the Agent and the Borrower (as the case may be) certifying the amount of its Break Costs for any Interest Period in which they accrue.

Appears in 1 contract

Samples: Facility Agreement (PCCW LTD)

Break Costs. (a) If an amount is specified as Break Costs in the Compounded Reference Rate TermsTerms for a Loan or Unpaid Sum, the each Borrower shall, within six five (65) Business Days of demand by a Finance Party, pay to that Finance Party its Break Costs attributable to all or any part of a Loan or Unpaid Sum being paid by the that Borrower on a day other than the last day of an Interest Period or Designated Interest Period for that Loan or Unpaid Sum. (b) Each Lender shall, as soon as reasonably practicable after a demand by the Agent, confirm by email or otherwise the amount of its provided that such Break Costs for any Interest Period are due in which they accrueaccordance with paragraph 7.14.2 of Clause 7.14 (Miscellaneous provisions).

Appears in 1 contract

Samples: Bridge Facility Agreement

Break Costs. (a) If an amount is specified as Break Costs in the Compounded Reference Rate Terms, the each Borrower shall, within six (6) five Business Days of demand by a Finance Party, pay to that Finance Party its Break Costs (if any) attributable to all or any part of a Loan or Unpaid Sum being paid by the that Borrower on a day other than prior to the last day of an Interest Period for that Loan or Unpaid Sum. (b) Each Lender shall, as soon as reasonably practicable after a demand by the Agent, confirm by email or otherwise provide a certificate confirming the amount of its Break Costs for any Interest Period in which they accrue.

Appears in 1 contract

Samples: Senior Facilities Agreement

Break Costs. (a) If an amount is specified as Break Costs in the Compounded Reference Rate TermsTerms for a Loan or Unpaid Sum, the Borrower shall, within six (6) five Business Days of demand by a Finance Party, pay to that Finance Party its Break Costs (if any) attributable to all or any part of a that Loan or Unpaid Sum being paid by the Borrower on a day other than the last day of an Interest Period for that Loan or Unpaid Sum. (b) Each Lender shall, as soon as reasonably practicable after a demand by the Facility Agent, confirm by email or otherwise provide a certificate confirming the amount of its Break Costs for any Interest Period in in respect of which they accruebecome, or may become, payable.

Appears in 1 contract

Samples: Multicurrency Revolving Facility Agreement (H Lundbeck a S)

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