Common use of Increased cost claims Clause in Contracts

Increased cost claims. If the Lender intends to make a claim pursuant to Clause 14.1 (Increased costs) the Lender shall promptly notify the Obligors of the event giving rise to the claim accompanied with a calculation setting out the increased costs.

Appears in 2 contracts

Samples: Facility Agreement (FreeSeas Inc.), Facility Agreement (FreeSeas Inc.)

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Increased cost claims. If the Lender intends is intending to make a claim pursuant to Clause 14.1 6.2.1 (Increased costs) the Lender it shall promptly notify the Obligors of the event giving rise to the claim accompanied with a calculation setting out the increased costsclaim.

Appears in 2 contracts

Samples: Term Facility Agreement (Grindrod Shipping Holdings Ltd.), Term Facility Agreement (Grindrod Shipping Holdings Ltd.)

Increased cost claims. If the Lender intends to make a claim pursuant to Clause 14.1 (Increased costs) ), the Lender shall promptly notify the Obligors Company of the event giving rise to the claim accompanied with a calculation setting out the increased costsclaim.

Appears in 1 contract

Samples: Facility Agreement (Westway Group, Inc.)

Increased cost claims. If the Lender intends to make a claim pursuant to Clause 14.1 12.1 (Increased costs) the Lender shall promptly notify the Obligors of the event giving rise to the claim accompanied with a calculation setting out the increased costs.

Appears in 1 contract

Samples: Rollover Loan Agreement (Freeseas Inc.)

Increased cost claims. If Should the Lender intends intend to make a claim pursuant to Clause 14.1 13.1 (Increased costs) the Lender it shall promptly notify the Obligors Borrowers of the event giving rise to the claim accompanied with a calculation setting out the increased costsclaim.

Appears in 1 contract

Samples: Senior Secured Revolving Loan Facility Agreement (DHT Holdings, Inc.)

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Increased cost claims. If the Lender intends to make a claim pursuant to Clause 14.1 clause 15.1 (Increased costs) it shall notify the Lender shall promptly notify the Obligors of the event giving rise to the claim accompanied with a calculation setting out the increased costsclaim.

Appears in 1 contract

Samples: Facility Agreement (Viewsonic Corp)

Increased cost claims. (a) If the Lender intends to make a claim pursuant to Clause 14.1 12.1 (Increased costsCosts) the Lender it shall promptly notify the Obligors Borrower of the event giving rise to the claim accompanied with a calculation setting out the increased costsclaim.

Appears in 1 contract

Samples: Facility Agreement (Century Aluminum Co)

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