Broken Funding Costs. The Borrower hereby agrees that upon demand by any Affected Party (which demand shall be accompanied by a written statement setting forth in reasonable detail the basis for the calculations of the amount being claimed), the Borrower will indemnify such Affected Party against any Broken Funding Costs. Such written statement shall, in the absence of manifest error, be conclusive evidence of the subject matter thereof.
Broken Funding Costs. In the case of Clauses 22.1(a) and 22.1(c) above, the amount payable shall in any event include the amount (if any) by which:
Broken Funding Costs. In the case of sub-Clause (A)(1) and (3) above, the amount payable shall in any event include the amount (if any) by which:-
(1) the amount of interest which the relevant person is able to obtain by placing an amount equal to its share of the relevant Advance or overdue sum on deposit in the Singapore inter-bank market, for the remainder of the relevant Interest Period, as soon as reasonably practicable after it becomes aware that the relevant Advance is not being made or (as the case may be) of the relevant receipt or recovery, is less than:-
(2) the amount of interest which, in accordance with the expressed terms of this Agreement, would otherwise be payable to that person on its share of that Advance for its first Interest Period or (as the case may be) on the relevant amount so received or recovered for the remainder of the relevant Interest Period.
Broken Funding Costs. In the case of Clauses 22.1(a) and 22.1(c) above, the amount payable shall in any event include the amount (if any) by which:
(a) the amount of interest which the relevant Person is able to obtain by placing an amount equal to its share of the relevant Advance or overdue sum or (as the case may be) of the relevant amount so received or recovered on deposit in the Inter-bank Market, for the remainder of the relevant Term or Default Interest Period, as soon as reasonably practicable after it becomes aware that the relevant Advance is not being made or (as the case may be) of the relevant event referred to in Clause 22.1(a) or 22.1(c) is less than:
(b) the amount of interest which, in accordance with the expressed terms of this Agreement, would otherwise be payable to that Person on its share of that Advance for its Term or Default Interest Period or (as the case may be) of the relevant amount for the remainder of the relevant Term or Default Interest Period.
Broken Funding Costs. 34 Section 6.3
Broken Funding Costs. In the event that any Lender or any Liquidity Bank shall, for any reason other than default by such Lender or Liquidity Bank, actually incur any Broken Funding Costs, then, upon written notice from the Agent to the Borrower and the Servicer, the Borrower shall
Broken Funding Costs. Any Broken Funding Costs incurred due to a prepayment pursuant to Section 1.4(b) or (c) hereof shall be reasonably allocated by the Agent taking into account similar Broken Funding Costs incurred due to payments or prepayments made by any Person on the same day as the Seller herein by other facilities utilizing the same Pooled Commercial Paper utilized pursuant hereto.
Broken Funding Costs. In the case of sub-Clause (1) above, the amount -------------------- payable shall in any event include the amount (if any) by which: -
(a) the amount of interest which the Lender is able to obtain by placing an amount equal to the relevant amount on deposit in the Singapore interbank market, for the remainder of the relevant interest period, as soon as reasonably practicable after it becomes aware that the relevant drawdown is not being made or (as the case may be) of the relevant receipt or recovery is less than: -
(b) the amount of interest which, in accordance with the expressed terms of this Agreement, would otherwise be payable to the Lender in respect of the Total Indebtedness for the relevant interest period or (as the case may be) on the relevant amount so received or recovered for the remainder of the relevant interest period.
Broken Funding Costs. In the case of sub-Clause 12.1(a), (b), (c) and (e) above, the amount payable shall in any event include the amount (if any) by which:
(a) the amount of interest which the relevant person is able to obtain by placing an amount equal to its share of the relevant Ringgit Advance, or overdue sum payable in Ringgit on deposit in the Kuala Lumpur inter-bank market or, as the case may be, the relevant Dollar Advance or the relevant Dollar RC Drawdown or respective overdue sum payable in Dollars on deposit in the inter-bank market, for the remainder of the relevant Interest Period, as soon as reasonably practicable after it becomes aware that the relevant Ringgit Advance or Dollar Advance or Dollar RC Drawdown is not being made or (as the case may be) of the relevant receipt or recovery; is less than:
(b) the amount of interest which, in accordance with the expressed terms of this Agreement, would otherwise be payable to that person on the Ringgit Advance or, as the case may be, the Dollar Advance or, as the case may be, the Dollar RC Drawdown for its first Interest Period or on the relevant amount so received or recovered for the remainder of the relevant Interest Period.
Broken Funding Costs. In the event that (i) Seller reduces the Capital of a Purchaser on a date other than a Settlement Date, including by termination of a Purchaser's commitment to make purchases and reinvestments hereunder, or (ii) Seller does not reduce the Capital of a Purchaser pursuant to Section 3.02(b) following the delivery of a written notice of such reduction, Seller shall pay to such Purchaser an amount equal to the excess, if any, of (A) the Earned Discount that would have accrued during the remainder of the Settlement Period subsequent to the date of such reduction or termination (or in respect of clause (ii) above, the date such reduction was designated to occur pursuant to the written notice of same) of such Capital if such reduction or termination had not occurred or such notice had not been delivered, over (B) the sum of (x) to the extent all or a portion of such Capital remains outstanding, the amount of Earned Discount actually accrued during the remainder of such period on such Capital, and (y) to the extent such Capital is repaid, the income, if any, actually received during the remainder of such period by the holder of such Capital from investing the portion of such Capital so repaid. In the event that the amount referred to in clause (B) exceeds the amount referred to in clause (A), the relevant Purchaser or Purchasers agree to pay to Seller the amount of such excess. All such amounts shall be due and payable hereunder within five Business Days after written demand.
