Increased Capital Costs. If any change in, or the introduction, adoption, effectiveness, interpretation, reinterpretation or phase-in of, any law or regulation, directive, guideline, decision or request (whether or not having the force of law) of any court, central bank, regulator or other Governmental Authority affects or would affect the amount of capital required or expected to be maintained by any Lender or any Person controlling such Lender, and such Lender determines (in its sole and absolute discretion) that the rate of return on its or such controlling Person's capital as a consequence of its Commitments, participation in Letters of Credit or the Loans made or continued by such Lender is reduced to a level below that which such Lender or such controlling Person could have achieved but for the occurrence of any such circumstance, then, in any such case upon notice from time to time by such Lender to WWI shall immediately pay directly to such Lender additional amounts sufficient to compensate such Lender or such controlling Person for such reduction in rate of return. A statement of such Lender as to any such additional amount or amounts (including calculations thereof in reasonable detail) shall, in the absence of manifest error, be conclusive and binding on WWI. In determining such amount, such Lender may use any method of averaging and attribution that it (in its sole and absolute discretion) shall deem applicable.
Appears in 5 contracts
Samples: Amendment No. 4 (Weight Watchers International Inc), Credit Agreement (Weight Watchers International Inc), Credit Agreement (Weight Watchers International Inc)
Increased Capital Costs. If any change in, or the introduction, adoption, effectiveness, interpretation, reinterpretation or phase-in of, any law or regulation, directive, guideline, decision or request (whether or not having the force of law) of any court, central bank, regulator or other Governmental Authority governmental authority affects or would affect the amount of capital required or expected to be maintained by any Lender or any Person controlling such Lender, and such Lender determines (in its sole and absolute discretion) that the rate of return on its or such controlling Person's capital as a consequence of its Commitments, participation in Letters of Credit Commitment or the Loans made or continued by such Lender is reduced to a level below that which such Lender or such controlling Person could have achieved but for the occurrence of any such circumstance, then, in any such case upon notice from time to time by such Lender to WWI the Borrower, the Borrower shall immediately pay directly to such Lender additional amounts sufficient to compensate such Lender or such controlling Person for such reduction in rate of return. A statement of such Lender as to any such additional amount or amounts (including calculations thereof in reasonable detail) shall, in the absence of manifest error, be conclusive and binding on WWIthe Borrower. In determining such amount, such Lender may use any method of averaging and attribution that it (in its sole and absolute discretion) shall deem applicable.
Appears in 3 contracts
Samples: Credit Agreement (Thorn Apple Valley Inc), Senior Secured Seasonal Line of Credit Agreement (Thorn Apple Valley Inc), Senior Secured Seasonal Line of Credit (Thorn Apple Valley Inc)
Increased Capital Costs. If any change in, or the introduction, adoption, effectiveness, interpretation, reinterpretation or phase-in of, any law or regulation, directive, guideline, decision or request (whether or not having the force of law) of any court, central bank, regulator or other Governmental Authority governmental authority affects or would affect the amount of capital required or expected to be maintained by any Lender the Lender, or any Person person controlling such the Lender, and such the Lender determines (in its sole and absolute discretion) that the rate of return on its or such controlling Person's person’s capital as a consequence of its Commitments, participation in Letters of Credit commitments or the Loans Loan made or continued by such the Lender is reduced to a level below that which such the Lender or such controlling Person person could have achieved but for the occurrence of any such circumstance, then, in any such case upon notice from time to time by such the Lender to WWI the Borrower, the Borrower shall immediately pay directly to such the Lender additional amounts sufficient to compensate such the Lender or such controlling Person person for such reduction in rate of return. A statement of such the Lender as to any such additional amount or amounts (including calculations thereof in reasonable detail) shall, in the absence of manifest error, be conclusive and binding on WWIthe Borrower. In determining such amount, such the Lender may use any method of averaging and attribution that it (in its sole and absolute discretion) shall deem applicable.
Appears in 3 contracts
Samples: Term Note (Chase Corp), Term Note (Dover Saddlery Inc), Term Promissory Note (National Investment Managers Inc.)
Increased Capital Costs. If any change in, or the introduction, adoption, effectiveness, interpretation, reinterpretation or phase-in of, any law or regulation, directive, guideline, decision or request (whether or not having the force of law) of any court, central bank, regulator or other Governmental Authority governmental authority affects or would affect the amount of capital required or expected to be maintained by any Lender or any Person controlling such Lender, and such Lender determines (in its sole and absolute discretion) that the rate of return on its or such controlling Person's capital as a consequence of its Commitments, participation in Letters of Credit Term Loan Commitment or the Term Loans made or continued by such Lender is reduced to a level below that which such Lender or such controlling Person could have achieved but for the occurrence of any such circumstance, then, in any such case upon notice from time to time by such Lender to WWI the Borrower, the Borrower shall immediately pay directly to such Lender additional amounts sufficient to compensate such Lender or such controlling Person for such reduction in rate of return. A statement certificate of such Lender as to any such additional amount or amounts (including calculations thereof in reasonable detail) shall, in the absence of manifest error, be conclusive and binding on WWIthe Borrower. In determining such amount, such Lender may use any method of averaging and attribution that it (in its sole and absolute discretion) shall deem applicable.
Appears in 2 contracts
Samples: Term Loan Agreement (WHX Corp), Term Loan Agreement (Wheeling Pittsburgh Corp /De/)
Increased Capital Costs. If any change in, or the introduction, adoption, effectiveness, interpretation, reinterpretation or phase-in of, any law or regulation, directive, guideline, decision or request (whether or not having the force of law) of any court, central bank, regulator or other Governmental Authority governmental authority affects or would affect the amount of capital required or expected to be maintained by any Lender or any Person controlling such Lender, and such Lender determines (in its sole and absolute discretion) that the rate of return on its or such controlling Person's capital as a consequence of its Commitments, participation in Letters of Credit Term Loan Commitment or the Term Loans made or continued by such Lender is reduced to a level below that which such Lender or such controlling Person could have achieved but for the occurrence of any such circumstance, then, in any such case upon notice from time to time by such Lender to WWI the Borrower, the Borrower shall immediately pay directly to such Lender additional amounts sufficient to compensate such Lender or such controlling Person for such reduction in rate of return. A statement of such Lender as to any such additional amount or amounts (including calculations thereof in reasonable detail) shall, in the absence of manifest error, be conclusive and binding on WWIthe Borrower. In determining such amount, such Lender may use any method of averaging and attribution that it (in its sole and absolute discretion) shall deem applicable.
Appears in 2 contracts
Samples: Term Loan Agreement (Pci Carolina Inc), Term Loan Agreement (Pioneer East Inc)
Increased Capital Costs. If any change in, or the introduction, adoption, effectiveness, interpretation, reinterpretation or phase-in of, any law or regulation, directive, guideline, decision or request (whether or not having the force of law) of any court, central bank, regulator or other Governmental Authority governmental authority affects or would affect the amount of capital required or expected to be maintained by any Lender the Lender, or any Person controlling such the Lender, and such the Lender determines (in its sole and absolute discretion) that the rate of return on its or such controlling Person's ’s capital as a consequence of its Commitments, participation in Letters of Credit commitments or the Loans Advances made or continued by such the Lender is reduced to a level below that which such the Lender or such controlling Person could have achieved but for the occurrence of any such circumstance, then, in any such case upon notice from time to time by such the Lender to WWI the Borrowers, the Borrowers shall immediately pay directly to such the Lender additional amounts sufficient to compensate such the Lender or such controlling Person for such reduction in rate of return. A statement of such the Lender as to any such additional amount or amounts (including calculations thereof in reasonable detail) shall, in the absence of manifest error, be conclusive and binding on WWIthe Borrowers. In determining such amount, such the Lender may use any method of averaging and attribution that it (in its sole and absolute discretion) shall deem applicable.
Appears in 2 contracts
Samples: Loan and Security Agreement (Workstream Inc), Loan and Security Agreement (Workstream Inc)
Increased Capital Costs. If any change in, or the ----------------------- introduction, adoption, effectiveness, interpretation, reinterpretation or phase-in of, any law or regulation, directive, guideline, decision or request (whether or not having the force of law) of any court, central bank, regulator or other Governmental Authority governmental authority affects or would affect the amount of capital required or expected to be maintained by any Lender or any Person controlling such Lender, and such Lender determines (in its sole and absolute discretion) that the rate of return on its or such controlling Person's capital as a consequence of its Commitments, participation in Letters of Credit Revolving Loan Commitment or the Loans made or continued by such Lender is reduced to a level below that which such Lender or such controlling Person could have achieved but for the occurrence of any such circumstance, then, in any such case upon notice from time to time by such Lender to WWI the Borrower, the Borrower shall immediately pay directly to such Lender additional amounts sufficient to compensate such Lender or such controlling Person for such reduction in rate of return. A statement of such Lender as to any such additional amount or amounts (including calculations thereof in reasonable detail) shall, in the absence of manifest error, be conclusive and binding on WWIthe Borrower. In determining such amount, such Lender may use any method of averaging and attribution that it (in its sole and absolute discretion) shall deem applicable.
Appears in 1 contract
Increased Capital Costs. If any change in, or the introduction, adoption, effectiveness, interpretation, reinterpretation or phase-in of, any law or regulation, directive, guideline, decision or request (whether or not having the force of law) of any court, central bank, regulator or other Governmental Authority affects or would affect the amount of capital required or expected to be maintained by any Lender or any Person controlling such Lender, and such Lender determines (in its sole and absolute discretion) that the rate of return on its or such controlling Person's ’s capital as a consequence of its Commitments, participation in Letters of Credit or the Loans made or continued by such Lender is reduced to a level below that which such Lender or such controlling Person could have achieved but for the occurrence of any such circumstance, then, in any such case upon notice from time to time by such Lender to WWI shall immediately pay directly to such Lender additional amounts sufficient to compensate such Lender or such controlling Person for such reduction in rate of return. A statement of such Lender as to any such additional amount or amounts (including calculations thereof in reasonable detail) shall, in the absence of manifest error, be conclusive and binding on WWI. In determining such amount, such Lender may use any method of averaging and attribution that it (in its sole and absolute discretion) shall deem applicable.
Appears in 1 contract
Samples: Amendment No. 5 (Weight Watchers International Inc)
Increased Capital Costs. If any change in, or the introduction, adoption, effectiveness, interpretation, reinterpretation or phase-in of, any law or regulation, directive, guideline, decision or request (whether or not having the force of law) of any court, central bank, regulator or other Governmental Authority affects or would affect the amount of capital required or expected to be maintained by any the Lender or any Person entity controlling such the Lender, and such the Lender determines (in its sole and absolute discretion) that the rate of return on its or such controlling Person's entity’s capital as a consequence of its Commitments, participation in Letters of Credit the Loans or the Loans made or continued by such Lender Commitment is reduced to a level below that which such the Lender or such controlling Person entity could have achieved but for the occurrence of any such circumstance, then, in any such case case, upon notice from time to time by such the Lender to WWI the Borrower, the Borrower shall immediately pay directly to such the Lender additional amounts sufficient to compensate such the Lender or such controlling Person entity for such reduction in rate of return. A statement of such the Lender as to any such additional amount or amounts (including calculations thereof in reasonable detail) shall, in the absence of manifest error, be conclusive and binding on WWIthe Borrower. In determining such amount, such the Lender may use any method reasonable averaging, attribution and allocation methods. The agreements in this Section 2.19 shall survive the termination of averaging this Credit Agreement and attribution that it (in its sole and absolute discretion) shall deem applicablepayment of the Borrower Obligations.
Appears in 1 contract
Samples: Credit Agreement (Ims Health Inc)
Increased Capital Costs. If any change in, or the ----------------------- introduction, adoption, effectiveness, interpretation, reinterpretation or phase-in of, any law or regulation, directive, guideline, decision or request (whether or not having the force of law) of any court, central bank, regulator or other Governmental Authority governmental authority affects or would affect the amount of capital required or expected to be maintained by any Lender or any Person controlling such Lender, and such Lender determines (in its sole and absolute discretion) that the rate of return on its or such controlling Person's capital as a consequence of its Commitments, participation in Letters of Credit Commitments or the Loans made or continued by such Lender is reduced to a level below that which such Lender or such controlling Person could have achieved but for the occurrence of any such circumstance, then, in any such case upon notice from time to time by such Lender to WWI the Borrower, the Borrower shall immediately pay directly to such Lender additional amounts sufficient to compensate such Lender or such controlling Person for such reduction in rate of return. A statement of such Lender as to any such additional amount or amounts (including calculations thereof in reasonable detail) shall, in the absence of manifest error, be conclusive and binding on WWIthe Borrower. In determining such amount, such Lender may use any reasonable method of averaging and attribution that it (in its sole and absolute discretion) shall deem applicable.
Appears in 1 contract
Increased Capital Costs. If any change in, or the introduction, adoption, effectiveness, interpretation, reinterpretation or phase-in of, any law or regulation, directive, guideline, decision or request (whether or not having the force of law) of any court, central bank, regulator or other Governmental Authority governmental authority affects or would affect the amount of capital required or expected to be maintained by any Lender the Lender, or any Person person controlling such the Lender, and such the Lender determines (in its sole and absolute discretion) that the rate of return on its or such controlling Person's person’s capital as a consequence of its Commitments, participation in Letters of Credit commitments or the Loans loans made or continued by such the Lender is reduced to a level below that which such the Lender or such controlling Person person could have achieved but for the occurrence of any such circumstance, then, in any such case upon notice from time to time by such the Lender to WWI the Administrative Borrower, the Borrowers shall immediately pay directly to such the Lender additional amounts sufficient to compensate such the Lender or such controlling Person person for such reduction in rate of return. A statement of such the Lender as to any such additional amount or amounts (including calculations thereof in reasonable detail) shall, in the absence of manifest error, be conclusive and binding on WWIthe Borrowers. In determining such amount, such the Lender may use any method of averaging and attribution that it (in its sole and absolute discretion) shall deem applicable.
Appears in 1 contract
Samples: Credit Agreement (Ultralife Corp)
Increased Capital Costs. If any change in, or the introduction, adoption, effectiveness, interpretation, reinterpretation or phase-in of, any law or regulation, directive, guideline, decision or request (whether or not having the force of law) of any court, central bank, regulator or other Governmental Authority governmental authority affects or would affect the amount of capital required or expected to be maintained by any Lender the Lender, or any Person person controlling such the Lender, and such the Lender determines (in its sole and absolute discretion) that the rate of return on its or such controlling Person's person’s capital as a consequence of its Commitments, participation in Letters of Credit commitments or the Loans advances made or continued by such the Lender is are reduced to a level below that which such the Lender or such controlling Person person could have achieved but for the occurrence of any such circumstance, then, in any such case upon notice from time to time by such the Lender to WWI the Borrowers, the Borrowers shall immediately pay directly to such the Lender additional amounts sufficient to compensate such the Lender or such controlling Person person for such reduction in rate of return. A statement of such the Lender as to any such additional amount or amounts (including calculations thereof in reasonable detail) shall, in the absence of manifest error, be conclusive and binding on WWIthe Borrowers. In determining such amount, such the Lender may use any method of averaging and attribution that it (in its sole and absolute discretion) shall deem applicable.
Appears in 1 contract
Increased Capital Costs. If any change in, or the introduction, adoption, effectiveness, interpretation, reinterpretation or phase-in of, any law or regulation, directive, guideline, decision or request (whether or not having the force of law) of any court, central bank, regulator or other Governmental Authority governmental authority affects or would affect the amount of capital required or expected to be maintained by any Lender the Lender, or any Person person controlling such the Lender, and such the Lender determines (in its sole and absolute discretion) that the rate of return on its or such controlling Person's person’s capital as a consequence of its Commitments, participation in Letters of Credit commitments or the Loans made or continued by such the Lender is reduced to a level below that which such the Lender or such controlling Person person could have achieved but for the occurrence of any such circumstance, then, in any such case upon notice from time to time by such the Lender to WWI the Borrowers, the Borrowers shall immediately pay directly to such the Lender additional amounts sufficient to compensate such the Lender or such controlling Person person for such reduction in rate of return. A statement of such the Lender as to any such additional amount or amounts (including calculations thereof in reasonable detail) shall, in the absence of manifest error, be conclusive and binding on WWIthe Borrowers. In determining such amount, such the Lender may use any method of averaging and attribution that it (in its sole and absolute discretion) shall deem applicable.
Appears in 1 contract
Samples: Credit Agreement (Diversified Restaurant Holdings, Inc.)
Increased Capital Costs. If any change in, or the ----------------------- introduction, adoption, effectiveness, interpretation, reinterpretation or phase-in of, any law or regulation, directive, guideline, decision or request (whether or not having the force of law) of any court, central bank, regulator or other Governmental Authority governmental authority affects or would affect the amount of capital required or expected to be maintained by any Lender or any Person controlling such Lender, and such Lender determines (in its sole and absolute discretion) that the rate of return on its or such controlling Person's capital as a consequence of its Commitments, participation in Letters of Credit Commitment or the Loans made or continued by such Lender is reduced to a level below that which such Lender or such controlling Person could have achieved but for the occurrence of any such circumstance, then, in any such case upon notice from time to time by such Lender to WWI the Borrower, the Borrower shall immediately pay directly to such Lender additional amounts sufficient to compensate such Lender or such controlling Person for such reduction in rate of return. A statement of such Lender as to any such additional amount or amounts (including calculations thereof in reasonable detail) shall, in the absence of manifest error, be conclusive and binding on WWIthe Borrower. In determining such amount, such Lender may use any method of averaging and attribution that it (in its sole and absolute discretion) shall deem applicable.
Appears in 1 contract
Samples: Credit Agreement (Aristotle Corp)
Increased Capital Costs. If any change in, or the introduction, adoption, effectiveness, interpretation, reinterpretation or phase-in of, any law or regulation, directive, guideline, decision or request (whether or not having the force of law) of any court, central bank, regulator or other Governmental Authority governmental authority affects or would affect the amount of capital required or expected to be maintained by any Lender the Lender, or any Person person controlling such the Lender, and such the Lender determines (in its sole and absolute discretion) that the rate of return on its or such controlling Personperson's capital as a consequence of its Commitments, participation in Letters of Credit commitments or the Loans made or continued by such the Lender is reduced to a level below that which such the Lender or such controlling Person person could have achieved but for the occurrence of any such circumstance, then, in any such case upon notice from time to time by such the Lender to WWI the Borrower, the Borrower shall immediately pay directly to such the Lender additional amounts sufficient to compensate such the Lender or such controlling Person person for such reduction in rate of return. A statement of such the Lender as to any such additional amount or amounts (including calculations thereof in reasonable detail) shall, in the absence of manifest error, be conclusive and binding on WWIthe Borrower. In determining such amount, such the Lender may use any method of averaging and attribution that it (in its sole and absolute discretion) shall deem applicable.
Appears in 1 contract
Samples: Credit Agreement (Sylvan Inc)
Increased Capital Costs. If any change in, or the introduction, adoption, effectiveness, interpretation, reinterpretation or phase-in of, any law or regulation, directive, guideline, decision or request (whether or not having the force of law) of any court, central bank, regulator or other Governmental Authority governmental authority affects or would affect the amount of capital required or expected to be maintained by any Lender or any Person controlling such Lender, and such Lender determines (in its sole and absolute discretion) that the rate of return on its or such controlling Person's capital as a consequence of its Commitments, participation in Letters of Credit Loan Commitment or the Loans made or continued by such Lender is reduced to a level below that which such Lender or such controlling Person could have achieved but for the occurrence of any such circumstance, then, in any such case upon notice from time to time by such Lender to WWI the Borrowers and the Agent, the Borrowers shall immediately pay directly to such Lender additional amounts sufficient to compensate such Lender or such controlling Person for such reduction in rate of return. A statement of such Lender as to any such additional amount or amounts (including calculations thereof in reasonable detail) shall, in the absence of manifest error, be conclusive and binding on WWIthe Borrowers. In determining such amount, such Lender may use any method of averaging and attribution that it (in its sole and absolute reasonable discretion) shall deem applicable.
Appears in 1 contract
Samples: Credit Agreement (Penford Corp)
Increased Capital Costs. If any change in, or the introduction, adoption, effectiveness, interpretation, reinterpretation or phase-in of, any law or regulation, directive, guideline, decision or request (whether or not having the force of law) of any court, central bank, regulator or other Governmental Authority governmental authority affects or would affect the amount of capital required or expected to be maintained by any Lender the Lender, or any Person person controlling such the Lender, and such the Lender determines (in its sole and absolute discretion) that the rate of return on its or such controlling Person's person’s capital as a consequence of its Commitments, participation in Letters of Credit commitments or the Loans loans made or continued by such the Lender is reduced to a level below that which such the Lender or such controlling Person person could have achieved but for the occurrence of any such circumstance, then, in any such case upon notice from time to time by such the Lender to WWI the Borrower, the Borrower shall immediately pay directly to such the Lender additional amounts sufficient to compensate such the Lender or such controlling Person person for such reduction in rate of return. A statement of such the Lender as to any such additional amount or amounts (including calculations thereof in reasonable detail) shall, in the absence of manifest error, be conclusive and binding on WWIthe Borrower. In determining such amount, such the Lender may use any method of averaging and attribution that it (in its sole and absolute discretion) shall deem applicable.
Appears in 1 contract
Samples: Revolving Line of Credit Note (National Investment Managers Inc.)
Increased Capital Costs. If any change in, or the introduction, adoption, effectiveness, interpretation, reinterpretation or phase-in of, any law or regulation, directive, guideline, decision or request (whether or not having the force of law) of any court, central bank, regulator or other Governmental Authority governmental authority affects or would affect the amount of capital required or expected to be maintained by any Lender or any Person controlling such Lender, and such Lender determines (in its sole and absolute discretion) that the rate of return on its or such controlling Person's capital as a consequence of its CommitmentsCommitment, participation in Letters of Credit or the Loans made or continued by such Lender is reduced to a level below that which such Lender or such controlling Person could have achieved but for the occurrence of any such circumstance, then, in any such case upon notice from time to time by such Lender to WWI the Borrower, the Borrower shall immediately pay directly to such Lender additional amounts sufficient to compensate such Lender or such controlling Person for such reduction in rate of return. A statement of such Lender as to any such additional amount or amounts (including calculations thereof in reasonable detail) shall, in the absence of manifest error, be conclusive and binding on WWIthe Borrower. In determining such amount, such Lender may use any method of averaging and attribution that it (in its sole and absolute discretion) shall deem applicable.
Appears in 1 contract
Samples: Credit Agreement (American Real Estate Holdings L P)
Increased Capital Costs. If any change in, or the introduction, adoption, effectiveness, interpretation, reinterpretation or phase-in of, any law or regulation, directive, guideline, decision or request (whether or not having the force of law) of any court, central bank, regulator or other Governmental Authority affects or would affect the amount of capital required or expected to be maintained by any Lender or any Person controlling such Lender, and such Lender determines (in its sole and absolute discretion) that the rate of return on its or such controlling Person's ’s capital as a consequence of its Commitments, participation in Letters of Credit or the Loans made or continued by such Lender is reduced to a level below that which such Lender or such controlling Person could have achieved but for the occurrence of any such circumstance, then, in any such case upon notice from time to time by such Lender to WWI the Borrower shall immediately pay directly to such Lender additional amounts sufficient to compensate such Lender or such controlling Person for such reduction in rate of return. A statement of such Lender as to any such additional amount or amounts (including calculations thereof in reasonable detail) shall, in the absence of manifest error, be conclusive and binding on WWIthe Borrower. In determining such amount, such Lender may use any method of averaging and attribution that it (in its sole and absolute discretion) shall deem applicable.
Appears in 1 contract
Samples: Credit Agreement (Weight Watchers International Inc)
Increased Capital Costs. If any change in, or the introduction, adoption, effectiveness, interpretation, reinterpretation or phase-in of, any law or regulation, directive, guideline, decision or request (whether or not having the force of law) of any court, central bank, regulator or other Governmental Authority affects or would affect the amount of capital required or expected to be maintained by any Lender or any Person controlling such Lender, and such Lender determines (in its sole and absolute discretion) that the rate of return on its or such controlling Person's capital as a consequence of its Commitments, participation in Letters of Credit or the Loans made or continued by such Lender is reduced to a level below that which such Lender or such controlling Person could have achieved but for the occurrence of any such circumstance, then, in any such case upon notice from time to time by such Lender to WWI shall immediately pay directly to such Lender additional amounts sufficient to compensate such Lender or such controlling Person for such reduction in rate of return. A statement of such Lender as to any such additional amount or amounts (including calculations thereof in reasonable detail) shall, in the absence of manifest error, be conclusive and binding on WWI. In determining such amount, such Lender may use any method of averaging and attribution that it (in its sole and absolute discretion) shall deem applicable.
Appears in 1 contract
Increased Capital Costs. If any change in, or the introduction, ----------------------- adoption, effectiveness, interpretation, reinterpretation or phase-in of, any law or regulation, directive, guideline, decision or request (whether or not having the force of law) of any court, central bank, regulator or other Governmental Authority governmental authority affects or would affect the amount of capital required or expected to be maintained by any Lender or any Person controlling such Lender, and such Lender determines (in its sole and absolute discretion) that the rate of return on its or such controlling Person's capital as a consequence of its Commitments, participation in Letters of Credit Commitment or the Loans made or continued by such Lender is reduced to a level below that which such Lender or such controlling Person could have achieved but for the occurrence of any such circumstance, then, in any such case upon notice from time to time by such Lender to WWI the Borrower, the Borrower shall immediately pay directly to such Lender additional amounts sufficient to compensate such Lender or such controlling Person for such reduction in rate of return. A statement of such Lender as to any such additional amount or amounts (including calculations thereof in reasonable detail) shall, in the absence of manifest error, be conclusive and binding on WWIthe Borrower. In determining such amount, such Lender may use any method of averaging and attribution that it (in its sole and absolute discretion) shall deem applicable.
Appears in 1 contract
Samples: Credit Agreement (Aristotle Corp)
Increased Capital Costs. If any change in, or the ----------------------- introduction, adoption, effectiveness, interpretation, reinterpretation or phase-in of, any law or regulation, directive, guideline, decision or request (whether or not having the force of law) of any court, central bank, regulator or other Governmental Authority governmental authority affects or would affect the amount of capital required or expected to be maintained by any Lender or any Person controlling such Lender, and such Lender determines (in good faith but in its sole and absolute discretion) that the rate of return on its or such controlling Person's capital as a consequence of its Commitments, participation in Letters of Credit Commitments or the Loans made or continued by such Lender is reduced to a level below that which such Lender or such controlling Person could have achieved but for the occurrence of any such circumstance, then, in any such case upon notice from time to time by such Lender to WWI the Borrower, the Borrower shall immediately pay directly to such Lender additional amounts sufficient to compensate such Lender or such controlling Person for such reduction in rate of return. A statement of such Lender as to any such additional amount or amounts (including calculations thereof in reasonable detail) shall, in the absence of manifest error, be conclusive and binding on WWIthe Borrower. In determining such amount, such Lender may use any method of averaging and attribution that it (in its sole and absolute discretion) shall deem applicable.
Appears in 1 contract
Increased Capital Costs. If any change in, or the introduction, adoption, effectiveness, interpretation, reinterpretation or phase-in of, any law or regulation, directive, guideline, decision or request (whether or not having the force of law) of any court, central bank, regulator or other Governmental Authority governmental authority affects or would affect the amount of capital required or expected to be maintained by any Lender the Lender, or any Person controlling such the Lender, and such the Lender determines (in its sole and absolute discretion) that the rate of return on its or such controlling Person's ’s capital as a consequence of its Commitments, participation in Letters of Credit commitments or the Loans Advances made or continued by such the Lender is reduced to a level below that which such the Lender or such controlling Person could have achieved but for the occurrence of any such circumstance, then, in any such case upon notice from time to time by such the Lender to WWI the Borrowers, the Borrowers shall immediately pay directly to such the Lender additional amounts sufficient to compensate such the Lender or such controlling Person for such reduction in rate of return. A statement of such the Lender as to any such additional amount or amounts (including calculations thereof in reasonable detail) shallshal l, in the absence of manifest error, be conclusive and binding on WWIthe Borrowers. In determining such amount, such the Lender may use any method of averaging and attribution that it (in its sole and absolute discretion) shall deem applicable.
Appears in 1 contract
Samples: Loan and Security Agreement (Vein Associates of America Inc)
Increased Capital Costs. If any change in, or the introduction, adoption, effectiveness, interpretation, reinterpretation or phase-in of, any law or regulation, directive, guideline, decision or request (whether or not having the force of law) of any court, central bank, regulator or other Governmental Authority affects or would affect the amount of capital required or expected to be maintained by any Lender or any Person entity controlling such Lender, and such Lender determines (in its sole and absolute discretion) that the rate of return on its or such controlling Person's entity’s capital as a consequence of its Commitments, participation in Letters of Credit or the Loans made or continued by such Lender or the commitment hereunder is reduced to a level below that which such the Lender or such controlling Person entity could have achieved but for the occurrence of any such circumstance, then, in any such case case, upon notice from time to time by such any Lender to WWI the Company, the Company shall immediately pay directly to such Lender additional amounts sufficient to compensate such Lender or such controlling Person entity for such reduction in rate of return. A statement of such Lender as to any such additional amount or amounts (including calculations thereof in reasonable detail) shall, in the absence of manifest error, be conclusive and binding on WWIthe Company. In determining such amount, such the applicable Lender may use any method reasonable averaging, attribution and allocation methods. The agreements in this Section 2.15 shall survive the termination of averaging this Credit Agreement and attribution that it (in its sole and absolute discretion) shall deem applicablepayment of the Borrower Obligations.
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Increased Capital Costs. If any change in, or the introduction, adoption, effectiveness, interpretation, reinterpretation or phase-in of, any law or regulation, directive, guideline, decision or request (whether or not having the force of law) of any court, central bank, regulator or other Governmental Authority governmental authority affects or would affect the amount of capital required or expected to be maintained by any Lender or any Person controlling such Lender, and such Lender determines (in its sole and absolute discretion) that the rate of return on its or such controlling Person's ’s capital as a consequence of its CommitmentsCommitment, participation in Letters of Credit or the Loans made or continued by such Lender is reduced to a level below that which such Lender or such controlling Person could have achieved but for the occurrence of any such circumstance, then, in any such case upon notice from time to time by such Lender to WWI the Borrower, the Borrower shall immediately pay directly to such Lender additional amounts sufficient to compensate such Lender or such controlling Person for such reduction in rate of return. A statement of such Lender as to any such additional amount or amounts (including calculations thereof in reasonable detail) shall, in the absence of manifest error, be conclusive and binding on WWIthe Borrower. In determining such amount, such Lender may use any method of averaging and attribution that it (in its sole and absolute discretion) shall deem applicable.
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Increased Capital Costs. If any change in, or the introduction, adoption, effectiveness, interpretation, reinterpretation or phase-in of, any law or regulation, directive, guideline, decision or request (whether or not having the force of law) of any court, central bank, regulator or other Governmental Authority governmental authority affects or would affect the amount of capital required or expected to be maintained by any the Lender or any Person controlling such the Lender, and such the Lender determines (in its sole and absolute discretion) that the rate of return on its or such controlling Person's capital as a consequence of its Commitments, participation in Letters of Credit Commitment or the Loans made or continued by such the Lender is reduced to a level below that which such the Lender or such controlling Person could have achieved but for the occurrence of any such circumstance, then, in any such case upon notice from time to time by such the Lender to WWI the Borrower, the Borrower shall immediately pay directly to such the Lender additional amounts sufficient to compensate such the Lender or such controlling Person for such reduction in rate of return. A statement of such the Lender as to any such additional amount or amounts (including calculations thereof in reasonable detail) shall, in the absence of manifest error, be conclusive and binding on WWIthe Borrower. In determining such amount, such the Lender may use any method of averaging and attribution that it (in its sole and absolute discretion) shall deem applicable.
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