Common use of Eurodollar Reserves Clause in Contracts

Eurodollar Reserves. The Borrower shall pay to each Lender upon demand, so long as such Lender shall be required under regulations of the Board of Governors of the Federal Reserve System to maintain reserves with respect to liabilities or assets consisting of or including Eurocurrency Liabilities, additional interest on the unpaid principal amount of each Eurodollar Rate Advance of such Lender, from the date of such Advance until such principal amount is paid in full, at an interest rate per annum equal at all times to the remainder obtained by subtracting (i) the Eurodollar Rate for the Interest Period for such Advance from (ii) the rate obtained by dividing such Eurodollar Rate by a percentage equal to 100% minus the Eurodollar Reserve Percentage of such Lender for such Interest Period. Such additional interest shall be determined by such Lender and notified to the Borrower and the Administrative Agent.

Eurodollar Reserves. The Borrower shall will pay to each Lender upon demanddemand through the Administrative Agent, so long as such Lender shall be is required under regulations of the Board of Governors of the Federal Reserve System to maintain reserves with respect to liabilities or assets consisting of or including Eurocurrency Liabilities, additional interest on the unpaid principal amount of each Eurodollar Rate Advance of made by such Lender, from the date of for each Interest Period for each such Advance until so long as such principal amount is paid requirement remains in fulleffect, at an interest rate per annum equal at all times to the remainder obtained by subtracting (ia) the Eurodollar Rate for the such Interest Period for such Advance from (iib) the rate obtained by dividing such Eurodollar Rate rate by a percentage equal to 100% minus the Eurodollar Reserve Percentage of such Lender for such Interest Period. Such additional interest shall be determined by such each Lender and notified to the Borrower and through the Administrative Agent.