Common use of Early Termination of LIBOR Periods Clause in Contracts

Early Termination of LIBOR Periods. If the early termination of any LIBOR Advance is required hereunder, the Borrowers will pay to the Lender all expenses and out-of-pocket costs incurred by the Lender as a result of the early termination of the LIBOR Advance, including expenses and out-of-pocket costs incurred due to early redemption of offsetting deposits. If, in the sole discretion of the Lender, acting reasonably, any such early termination cannot be affected, the LIBOR Advance will not be terminated and the applicable Borrower will continue to pay interest to the Lender, at the rate per annum applicable to such LIBOR Advance for the remainder of the applicable LIBOR Period. A written statement of the Lender as to the aggregate amount of such expenses and out of pocket costs will be prima facie evidence of the amount thereof.

Early Termination of LIBOR Periods. If the early termination of any LIBOR Advance Based Loan is required hereunder, the Borrowers Borrower will pay to the Lender Lenders all expenses and out-of-pocket costs incurred by the Lender Lenders as a result of the early termination of the LIBOR AdvanceBased Loan, including expenses and out-of-pocket costs incurred due to early redemption of offsetting deposits. If, If in the sole discretion of the a Lender, acting reasonably, any such early termination cannot be affectedeffected, the LIBOR Advance Based Loan will not be terminated and the applicable Borrower will continue to pay interest to the Lenderapplicable Lenders, at the rate per annum applicable to such LIBOR Advance Based Loan for the remainder of the applicable LIBOR Period. A written statement of the Lender Agent as to the aggregate amount of such expenses and out of pocket costs will be prima facie evidence of the amount thereof.

Early Termination of LIBOR Periods. If the early termination of any LIBOR Advance is required hereunder, the Borrowers Borrower will pay to the Lender applicable Lenders all reasonable expenses and out-of-pocket costs incurred by the Lender such Lenders as a result of the early termination of the LIBOR Advance, including expenses and out-of-pocket costs incurred due to early redemption of offsetting deposits. If, in the sole discretion of the a Lender, acting reasonably, any such early termination cannot be affectedeffected, the LIBOR Advance will not be terminated and the applicable Borrower will continue to pay interest to the Lenderapplicable Lenders, at the rate per annum applicable to such LIBOR Advance for the remainder of the applicable LIBOR Period. A written statement of the Lender Agent as to the aggregate amount of such expenses and out of out-of-pocket costs will shall be prima facie evidence of the amount thereof.

Early Termination of LIBOR Periods. If the early termination of any LIBOR Advance Based Loan is required hereunder, the Borrowers Borrower will pay to the Lender Lenders all expenses and out-of-pocket costs incurred by the Lender Lenders as a result of the early termination of the LIBOR AdvanceBased Loan, including expenses and out-of-pocket costs incurred due to early redemption of offsetting deposits. If, in the sole discretion opinion of the a Lender, acting reasonably, any such early termination cannot be affectedeffected, the LIBOR Advance Based Loan will not be terminated and the applicable Borrower will continue to pay interest to the Lenderapplicable Lenders, at the rate per annum applicable to such LIBOR Advance Based Loan for the remainder of the applicable LIBOR Period. A written statement of the Lender Agent as to the aggregate amount of such expenses and out of pocket costs will be prima facie evidence of the amount thereof.

Early Termination of LIBOR Periods. If the early termination of any LIBOR Advance Based Loan is required hereunder, the Borrowers Borrower will pay to the Lender Lenders all expenses and out-of-pocket costs incurred by the Lender Lenders as a result of the early termination of the LIBOR AdvanceBased Loan, including expenses and out-of-pocket costs incurred due to early redemption of offsetting deposits. If, in the sole discretion opinion of the a Lender, acting reasonably, any such early termination cannot be affectedeffected, the LIBOR Advance Based Loan will not be terminated and the applicable Borrower will continue to pay interest to the Lenderapplicable Lenders, at the rate per annum applicable to such LIBOR Advance Based Loan for the remainder of the applicable LIBOR Period. A written statement of the Lender Agent or the Operating Lender, as the case may be, as to the aggregate amount of such expenses and out of pocket costs will be prima facie evidence of the amount thereof.