Common use of Central Bank or European Central Bank Clause in Contracts

Central Bank or European Central Bank. reserve requirements indemnity The Borrower shall on demand promptly indemnify each Bank against any cost incurred or loss suffered by such Bank as a result of its complying with the minimum reserve requirements of the European Central Bank and/or with respect to maintaining required reserves with the relevant national Central Bank to the extent that such compliance relates to such Bank’s Commitment and/or Contribution or deposits obtained by it to fund the whole or part of that Contribution and to the extent such cost or loss is not recoverable by such Bank under clause 12.2.

Central Bank or European Central Bank. reserve requirements indemnity indemnity. The Borrower shall on demand promptly indemnify each Bank the Lender against any cost incurred or loss suffered by such Bank the Lender as a result of its complying with the minimum reserve requirements of the European Central Bank and/or with respect to maintaining required reserves with the relevant national Central Bank to the extent that such compliance relates to such Bank’s the Commitment and/or Contribution or deposits obtained by it to fund the whole or part of that Contribution the Loan and to the extent such cost or loss is not recoverable by such Bank the Lender under clause 12.2Clause 12.3 (Increased Cost).

Central Bank or European Central Bank. reserve requirements indemnity indemnity). The Borrower shall on demand promptly indemnify each the Bank against any cost incurred or loss suffered by such the Bank as a result of its complying with the minimum reserve requirements of the European Central Bank and/or with respect to maintaining required reserves with the relevant national Central Bank central bank to the extent that such compliance relates to such Bank’s the Commitment and/or Contribution or the Loan or part thereof or deposits obtained by it to fund or maintain the whole or part of that Contribution and to the extent such cost or loss is not recoverable by such Bank under clause 12.2Loan.

Central Bank or European Central Bank. reserve requirements indemnity The Borrower shall on demand promptly indemnify each Bank against any cost incurred or loss suffered by such Bank as a result of its complying with the minimum reserve requirements of the European Central Bank and/or with respect to maintaining required reserves with the relevant national Central Bank to the extent that such compliance relates to such Bank’s 's Commitment and/or Contribution or deposits obtained by it to fund the whole or part of that Contribution and to the extent such cost or loss is not recoverable by such Bank under clause 12.2.

Central Bank or European Central Bank. reserve requirements indemnity The Borrower Borrowers shall on demand promptly indemnify each the Bank against any cost incurred or loss suffered by such the Bank as a result of its complying with the minimum reserve requirements of the European Central Bank and/or with respect to maintaining required reserves with the relevant national Central Bank to the extent that such compliance relates to such Bank’s the Commitment and/or Contribution or deposits obtained by it to fund the whole or part of that Contribution the Loan and to the extent such cost or loss is not recoverable by such the Bank under clause 12.2.

Central Bank or European Central Bank. reserve requirements indemnity The Borrower Borrowers shall on demand promptly indemnify each Bank Lender against any cost incurred or loss suffered by such Bank Lender as a result of its complying with the minimum reserve requirements of the European Central Bank and/or with respect to maintaining required reserves with the relevant national Central Bank to the extent that such compliance relates to such Bankthe Lender’s Commitment and/or or Contribution or deposits obtained by it to fund or maintain the whole or part of that its Contribution and to the extent such cost or loss is not recoverable by such Bank Lender under clause 12.2.

Central Bank or European Central Bank. reserve requirements indemnity The Borrower Borrowers shall on demand promptly indemnify each Bank against any cost incurred or loss suffered by such Bank as a result of its complying with the minimum reserve requirements of the European Central Bank and/or with respect to maintaining required reserves with the relevant national Central Bank to the extent that such compliance relates to such Bank’s 's Commitment and/or Contribution or deposits obtained by it to fund the whole or part of that its Contribution and to the extent such cost or loss is not recoverable by such Bank under clause 12.2.