Broken Funding Costs Sample Clauses

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. 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. 40 Section 6.3

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.

Broken Funding Costs. For any CP Rate Loan which (a) has its principal reduced at any time other than on a Payment Date, (b) becomes subject to a reduction pursuant to Section 2.3 or (c) is assigned under the Liquidity Agreement, an amount equal to the excess, if any, of (i) the CP Costs or interest (as applicable) that would have accrued during the remainder of the interest periods or the tranche periods for Commercial Paper determined by the Group Agent to relate to such Loan (as applicable) subsequent to the date of such reduction, assignment or termination (or in respect of clause (b) above, the date such reduction pursuant to Section 2.3 was designated to occur pursuant to the reduction notice) of the principal of such Loan if such reduction, assignment or termination had not occurred or such reduction notice had not been delivered, over (ii) the sum of (x) to the extent all or a portion of such principal is allocated to another Loan, the amount of CP Costs or interest actually accrued during the remainder of such period on such principal for the new Loan, and (y) to the extent such principal is not allocated to another Loan, the income, if any, actually received during the remainder of such period by the holder of such Loan from investing the portion of such principal not so allocated. In the event that the amount referred to in clause (ii) exceeds the amount referred to in clause (i), the relevant Lender or Lenders agree to pay to the Borrower, the amount of such excess. All Broken Funding Costs shall be due and payable hereunder upon demand. Business Day. Any day on which banking institutions in New York, New York or San Francisco, California, are open for the transaction of banking business and, in the case of LIBOR Rate Loans, also a day which is a LIBOR Business Day. CAI. CAI International, Inc., a corporation organized under the laws of the State of Delaware.

Broken Funding Costs. Notwithstanding any other provision of this Agreement, if the Lender receives or recovers all or any part of the Loan otherwise than on a Repayment Date relating thereto, the Borrower shall pay to the Lender on demand an amount equal to the amount (if any) by which (i) the additional interest which would have been payable on the amount so received or recovered had it been received or recovered on such Repayment Date exceeds (ii) the amount of interest received or recovered by the Lender by placing a dollar deposit (equal to the amount received or recovered) with a prime bank in Singapore for a period starting on the third Banking Day following the date of such receipt and ending on such Repayment Date.

Broken Funding Costs. GTAF Broken Funding Costs or Manhattan Broken Funding Costs, as applicable.

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 London inter-bank market, for the remainder of the relevant 53 50 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.