Common use of Capital Reimbursement Clause in Contracts

Capital Reimbursement. If either (a) the introduction or implementation of or the compliance with or any change in or in the interpretation of any Law, or (b) the introduction or implementation of or the compliance with any request, directive or guideline from any central bank or other Governmental Authority (whether or not having the force of Law) affects or would affect the amount of capital required or expected to be maintained by any Lender or any corporation controlling any Lender, then, upon demand by such Lender, Borrower will pay to Administrative Agent for the benefit of such Lender, from time to time as specified by such Lender, such additional amount or amounts which such Lender shall determine to be appropriate to compensate such Lender or any corporation controlling such Lender in light of such circumstances, to the extent that such Lender reasonably determines that the amount of any such capital would be increased or the rate of return on any such capital would be reduced by or in whole or in part based on the existence of the face amount of such Lender’s Loans, Letters of Credit, participations in Letters of Credit or Commitments under this Agreement.

Appears in 3 contracts

Samples: Credit Agreement (Mid-Con Energy Partners, LP), Credit Agreement (Mid-Con Energy Partners, LP), Credit Agreement (Mid-Con Energy Partners, LP)

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Capital Reimbursement. If either (a) the introduction or implementation of or the compliance with or any change in or in the interpretation of any Lawlaw, rule or regulation, or (b) the introduction or implementation of or the compliance with any request, directive or guideline from any central bank or other Governmental Authority governmental authority (whether or not having the force of Lawlaw) affects or would affect the amount of capital required or expected to be maintained by any Lender or any corporation controlling any such Lender, then, upon demand by such Lender, Borrower will pay to Administrative Agent for the benefit account of such Lender, from time to time as specified by such Lender, such additional amount or amounts which such Lender shall determine to be appropriate to compensate such Lender or any corporation controlling such Lender in light of such circumstances, to the extent that such Lender reasonably determines that the amount of any such capital would be increased or the rate of return on any such capital would be reduced by or in whole or in part based on the existence of the face amount of such Lender’s Loans, Letters of Credit, participations in Letters of Credit 's Note or Commitments commitments under this Agreement.

Appears in 2 contracts

Samples: Credit Agreement (Nab Asset Corp), Credit Agreement (Nab Asset Corp)

Capital Reimbursement. If either (a) the introduction or implementation of or the compliance with or any change in or in the interpretation of any Law, or (b) the introduction or implementation of or the compliance with any request, directive or guideline from any central bank or other Governmental Authority governmental authority (whether or not having the force of Law) affects or would affect the amount of capital required or expected to be maintained by any Lender or any corporation controlling any Lender, then, upon demand by such Lender, Borrower will pay to Administrative Agent for the benefit of such Lender, from time to time as specified by such Lender, such additional amount or amounts which such Lender shall determine to be appropriate to compensate such Lender or any corporation controlling such Lender in light of such circumstances, to the extent that such Lender reasonably determines that the amount of any such capital would be increased or the rate of return on any such capital would be reduced by or in whole or in part based on the existence of the face amount of such Lender’s 's Loans, Letters commitments, or the provisions concerning the issuance of Credit, participations in Letters of Credit or Commitments under this Agreement.

Appears in 1 contract

Samples: Credit Agreement (Inland Resources Inc)

Capital Reimbursement. If either after the date hereof (a) the introduction any law, rule or implementation of or the compliance with regulation (or any change in interpretation thereof by any central bank or in the interpretation of any Lawother governmental authority) is introduced, implemented or changed, or (b) the introduction any central bank or implementation of other governmental authority introduces or the implements or demands compliance with any request, directive or guideline from any central bank or other Governmental Authority (whether or not having the force of Law) affects or would law), and the result thereof is to affect the amount of capital required or expected to be maintained by any Lender or any corporation controlling any Lender, then, upon demand by such Lender, Borrower will pay to Administrative Agent for the benefit of such Lender, from time to time as specified by such Lender, such additional amount or amounts which such Lender shall determine to be appropriate to compensate such Lender or any corporation controlling such Lender in light of such circumstances, to the extent that such Lender reasonably determines that the amount of any such capital would be increased or the rate of return on any such capital would be reduced by or in whole or in part based on the existence of the face amount of such Lender’s Loans, Letters of Credit, participations in Letters of Credit 's Loan or Commitments commitments under this Agreement.

Appears in 1 contract

Samples: Credit Agreement (WRT Energy Corp)

Capital Reimbursement. If either either: (a) the introduction or implementation of or the compliance with or any change in or in the interpretation of any Lawlaw, rule or regulation, or (b) the introduction or implementation of or the compliance with any request, directive or guideline from any central bank or other Governmental Authority governmental authority (whether or not having the force of Lawlaw) affects or would affect the amount of capital required or expected to be maintained by any Lender or any corporation controlling any Lender, then, upon demand by such Lender, Borrower will pay to Administrative Agent for the benefit of such Lender, from time to time as specified by such Lender, such additional amount or amounts which such Lender shall determine to be appropriate to compensate such Lender or any corporation controlling such Lender in light of such circumstances, to the extent that such Lender reasonably determines that the amount of any such capital would be increased or the rate of return on any such capital would be reduced by or in whole or in part based on the existence of the face amount of such Lender’s Loans, Letters 's Proportionate Share of Credit, participations in the Loan or such Lender's commitments under this Agreement or the existence of the Letters of Credit or Commitments under this Agreementissued hereunder.

Appears in 1 contract

Samples: Credit Agreement (Basin Exploration Inc)

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Capital Reimbursement. If either (a) the introduction or implementation of or the compliance with or any change in or in the interpretation of any Law, or (b) the introduction or implementation of or the compliance with any request, directive or guideline from any central bank or other Governmental Authority governmental authority (whether or not having the force of Law) affects or would affect the amount of capital required or expected to be maintained by any Lender or any corporation controlling any Lender, then, upon demand by such Lender, Borrower will pay to Administrative Agent for the benefit of such Lender, from time to time as specified by such Lender, such additional amount or amounts which such Lender shall determine to be appropriate to compensate such Lender or any corporation controlling such Lender in light of such circumstances, to the extent that such Lender reasonably determines that the amount of any such capital would be increased or the rate of return on any such capital would be reduced by or in whole or in part based on the existence of the face amount of such Lender’s 's Loans, Letters commitments, or the provisions concerning the issuance of Credit, participations in Letters of Credit or Commitments under this Agreement."

Appears in 1 contract

Samples: Credit Agreement (Inland Resources Inc)

Capital Reimbursement. If either (a) the introduction or --------------------- implementation of or the compliance with or any change in or in the interpretation of any Law, or (b) the introduction or implementation of or the compliance with any request, directive or guideline from any central bank or other Governmental Authority governmental authority (whether or not having the force of Law) affects or would affect the amount of capital required or expected to be maintained by any Lender or any corporation controlling any Lender, then, upon demand by such Lender, Borrower will pay to Administrative Agent for the benefit of such Lender, from time to time as specified by such Lender, such additional amount or amounts which such Lender shall determine to be appropriate to compensate such Lender or any corporation controlling such Lender in light of such circumstances, to the extent that such Lender reasonably determines that the amount of any such capital would be increased or the rate of return on any such capital would be reduced by or in whole or in part based on the existence of the face amount of such Lender’s Loans, Letters of Credit, participations in Letters of Credit 's Loans or Commitments commitments under this Agreement.

Appears in 1 contract

Samples: Credit Agreement (Inland Resources Inc)

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