Breakage Cost Indemnity. The Company agrees to indemnify each Bank on demand against any loss or expense (including, but not limited to, any loss of the Applicable Margin or any other loss or expense sustained or incurred or to be sustained or incurred by such Bank in liquidating or employing deposits acquired or contracted for to effect or maintain its acquisition of its Pro Rata Share of Purchased Receivables or any part thereof) which such Bank has sustained or incurred as a consequence of (i) a purchase of Receivables not being made following the delivery of any Purchase Request to such Bank by reason of the non-fulfillment of any of the conditions precedent or otherwise or (ii) a repurchase of Purchased Receivables by the Company prior to the end of the applicable Settlement Period, other than any such repurchase resulting from a Bank Termination.
Breakage Cost Indemnity. The Company agrees to indemnify each holder of Notes for, and promptly to pay to each such holder upon the written request of such holder, any amounts required to compensate such holder for any reasonable losses, costs or expenses sustained or incurred by such holder arising out of:
Breakage Cost Indemnity. (i) The Company agrees to indemnify each holder of Floating-Rate Notes for, and to pay promptly to such holder upon written request, any amounts required to compensate such holder for any losses, costs or expenses sustained or incurred by such holder (including, without limitation, any loss (including loss of anticipated profits), cost or expense sustained or incurred by reason of the liquidation or reemployment of deposits or other funds acquired to fund or maintain any LIBOR Loan) as a consequence of (a) any event (including any prepayment of Floating-Rate Notes pursuant to Section 8.2(b) or Section 8.3, any conversion from LIBOR Loans to Prime Loans under Section 8.8(d) or any acceleration of Notes in accordance with Section 12.1) which results in (I) such holder receiving any amount on account of the principal of any LIBOR Loan prior to the end of the Interest Period in effect therefor or (II) in the case of any LIBOR Loan the conversion of the Interest Period, other than on the last day of the Interest Period in effect therefor, or (b) any default in the making of any payment or prepayment required to be made in respect of any LIBOR Loans (such amount being the “Breakage Cost Obligation”).
Breakage Cost Indemnity. The Borrower agrees to indemnify each holder of the Series B Notes for, and promptly to pay to each such holder upon the written request of such holder, any amounts required to compensate such holder for any losses, costs or expenses sustained or incurred by such holder arising out of:
Breakage Cost Indemnity. Each Seller agrees to indemnify each Bank within five (5) Business Days of written demand therefor (which demand shall be accompanied by a statement setting forth in reasonable detail the basis for the amount being claimed) against any loss or expense (including, but not limited to, any loss or expense sustained or incurred or to be sustained or incurred by such Bank in liquidating or employing deposits acquired or contracted for to effect or maintain its acquisition of Purchased Receivables or any part thereof, but excluding any loss of anticipated profits) which such Bank has sustained or incurred as a consequence of (a) a purchase of Receivables from such Seller not being made following the delivery of any Purchase Request to such Bank, by reason of the non-fulfilment of any of the conditions precedent or otherwise or (b) a repurchase of Purchased Receivables by such Seller prior to the end of the applicable LIBOR period.
Breakage Cost Indemnity. The Company agrees to indemnify Prudential for, and to promptly pay to Prudential upon written request, any amounts required to compensate Prudential for any losses, costs or expenses sustained or incurred by Prudential as a consequence of:
Breakage Cost Indemnity. (a) The Company agrees to indemnify each holder of Floating Rate Shelf Notes for, and to pay promptly to each holder upon written request, any amounts required to compensate that holder for any losses (excluding loss of anticipated profit), costs or expenses sustained or incurred by the holder by reason of the liquidation or reemployment of deposits or other funds acquired by the holder to fund or maintain LIBOR Loans in respect of said Floating Rate Shelf Notes as a consequence of (i) any event (including any prepayment of Floating Rate Shelf Notes as contemplated by paragraphs 4B or 4C or any acceleration of Floating Rate Shelf Notes in accordance with paragraph 7B) which results in (A) that holder receiving any amount on account of the principal of any LIBOR Loan prior to the end of the Interest Period in effect therefor, (B) the conversion of a LIBOR Loan to a Base Rate Loan other than on the first day of the Interest Period in effect therefor, or (C) the closing of the purchase and sale of any Floating Rate Shelf Note in respect of a LIBOR Loan beyond the original Closing Day specified in the applicable Request for Purchase, or (ii) any default in the making of any payment or prepayment of principal required to be made in respect of a LIBOR Loan (such amount being the “Breakage Cost Obligation”).
Breakage Cost Indemnity. (a) The Borrowers agrees to indemnify each Lender for, and promptly to pay to each Lender upon the written request of such Lender (which request shall set forth in reasonable detail the calculation of and basis for any amount claimed by such Lender under this Section 4.9), any amounts required to compensate such Lender for any losses, costs or expenses sustained or incurred by such Lender (including any loss, cost or expense incurred by reason of the liquidation or reemployment of deposits or other funds acquired by such Lender to fund or maintain such Lender's investment in the Revolving Loans, but excluding loss of margin for the period after an applicable prepayment) as a consequence of:
Breakage Cost Indemnity. (i) The Company agrees to indemnify each holder of Floating Rate Shelf Notes for, and to pay promptly to such holder upon written request, any amounts required to compensate such holder on an after-tax basis for any losses (including lost profits or margin), costs or expenses sustained or incurred by such holder as a consequence of (a) any event (including any prepayment of Floating Rate Shelf Notes as contemplated by paragraphs 4B or 4C or any acceleration of Floating Rate Shelf Notes in accordance with paragraph 7A) which results in (x) such holder receiving any amount on account of the principal of any LIBOR Loan prior to the end of the Interest Period in effect therefore, (y) the conversion of a LIBOR Loan to a Base Rate Loan other than on the first day of the Interest Period in effect therefore, or (z) the closing of the purchase and sale of any Floating Rate Shelf Note beyond the original Closing Day specified in the applicable Request for Purchase, or (b) any default in the making of any payment or prepayment of principal required to be made in respect of a LIBOR Loan (such amount being the “Breakage Cost Obligations”).
Breakage Cost Indemnity. (i) The Company agrees to indemnify each holder of Floating Rate Notes for, and to pay promptly to such holder upon written request, any amounts required to compensate such holder for any losses, costs or expenses sustained or incurred by such holder (including, without limitation, any loss (including loss of anticipated profits), cost or expense sustained or incurred by reason of the liquidation or reemployment of deposits or other funds acquired to fund or maintain any LIBOR Loan) as a consequence of (a) any event (including any prepayment of Floating Rate Notes pursuant to paragraph 4A, 4B or 4D, or any acceleration of Floating Rate Notes in accordance with paragraph 7A) which results in (I) such holder receiving any amount on account of the principal of any LIBOR Loan prior to the end of the Interest Period in effect therefor or (II) the conversion of the Interest Period, other than on the first day of the Interest Period in effect therefor, or (b) any default in the making of any payment or prepayment required to be made in respect of the Floating Rate Notes (such amount being the “Breakage Cost Obligation”).
