Change in Fees or Interest Rates. If the Applicable Margin or Applicable Facility Fee Rate is increased or reduced with respect to any period for which any Borrower has already paid interest or Facility Fees, the Agent shall recalculate the additional interest or Facility Fees due from, or the amount of the refund of interest or Facility Fees due to, such Borrower and shall, within fifteen (15) Business Days after the Agent received the information which gave rise to such increase or decrease, give the applicable Borrower and the Banks notice of such recalculation.
Appears in 2 contracts
Samples: Credit Agreement (Assured Guaranty LTD), Credit Agreement (Assured Guaranty LTD)
Change in Fees or Interest Rates. If the Applicable Margin or Applicable Facility Fee Rate is increased or reduced with respect to any period for which any Borrower has already paid interest or the Facility FeesFee, the Agent shall recalculate the additional interest or the Facility Fees Fee due from, or the amount of the refund of interest or the Facility Fees Fee due to, such Borrower and shall, within fifteen (15) Business Days after the Agent received the information which gave rise to such increase or decrease, give the applicable Borrower and the Banks notice of such recalculation.
Appears in 2 contracts
Samples: Credit Agreement (Assured Guaranty LTD), Credit Agreement (Assured Guaranty LTD)
Change in Fees or Interest Rates. If the Applicable Margin or Applicable Facility Fee Rate Amount is increased or reduced with respect to any period for which any Borrower has already paid interest or Facility Fees, the Agent shall recalculate the additional interest or Facility Fees due from, from or the amount of the refund of interest or Facility Fees due to, to such Borrower and shall, within fifteen (15) Business Days after the Agent received the information which gave rise to such increase or decrease, give the applicable Borrower and the Banks notice of such recalculation.
Appears in 2 contracts
Samples: Credit Agreement (Assured Guaranty LTD), Credit Agreement (Ace LTD)
Change in Fees or Interest Rates. If the Applicable Margin or Applicable Facility Fee Rate Amount is increased or reduced with respect to any period for which any the Borrower has already paid interest or Facility Fees, the Agent shall recalculate the additional interest or Facility Fees due from, from or the amount of the refund of interest or Facility Fees due to, such to the Borrower and shall, within fifteen (15) Business Days after the Agent received the information which gave rise to such increase or decrease, give the applicable Borrower and the Banks notice of such recalculation.
Appears in 1 contract
Samples: Credit Agreement (Ace LTD)
Change in Fees or Interest Rates. If the Applicable Margin or Applicable Facility Fee Rate is increased or reduced with respect to any period for which any the Borrower has already paid interest or Facility Fees, the Administrative Agent shall recalculate the additional interest or Facility Fees due from, from or to the amount of the refund of interest or Facility Fees due to, such Borrower and shall, within fifteen (15) Business Days after the Borrower notifies the Administrative Agent received the information which gave rise to of such increase or decrease, give the applicable Borrower and the Banks notice of such recalculation.
Appears in 1 contract
Samples: Credit Agreement (Arch Coal Inc)
Change in Fees or Interest Rates. If the Applicable Margin or Applicable Facility Fee Rate is increased or reduced with respect to any period for which any the Borrower has already paid interest or Facility Fees, the Agent shall recalculate the additional interest or Facility Fees due from, or from the amount of the refund of interest or Facility Fees due to, such Borrower and shall, within fifteen (15) Business Days after the Borrower notifies the Agent received the information which gave rise to of such increase or decrease, give the applicable Borrower and the Banks notice of such recalculation.
Appears in 1 contract