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Common use of Increased cost claims Clause in Contracts

Increased cost claims. If the Lender intends to make a claim pursuant to Clause 12.1 above, it shall: 12.2.1. notify the Borrower of the event giving rise to the claim as soon as reasonably practicable; 12.2.2. upon request by the Borrower, provide to the Borrower a certificate confirming the amount of the Lender’s Increased Costs as soon as reasonably practicable.

Appears in 4 contracts

Samples: Term Loan Facility Agreement (Harmony Gold Mining Co LTD), Term Loan Facility Agreement (Harmony Gold Mining Co LTD), Term Loan Facility Agreement (Harmony Gold Mining Co LTD)

Increased cost claims. 13.3.1 If the Lender intends to make a claim pursuant to Clause 12.1 above, it shall: 12.2.1. 13.1 (Increased costs) the Lender shall promptly notify the Borrower Borrowers of the event giving rise to the claim claim. 13.3.2 The Lender shall, as soon as reasonably practicable; 12.2.2. upon request practicable after a demand by the BorrowerBorrowers, provide to the Borrower a certificate confirming the amount of the Lender’s its Increased Costs as soon as reasonably practicableCosts.

Appears in 1 contract

Samples: Secured Loan Agreement (Euroseas Ltd.)

Increased cost claims. 12.2.1 If the Lender intends to make a claim pursuant to Clause 12.1 above, it shall: 12.2.1. shall notify the Borrower of the event giving rise to the claim claim. 12.2.2 The Lender shall, as soon as reasonably practicable; 12.2.2. upon request practicable after a demand by the Borrower, provide to the Borrower a certificate confirming the amount and, in reasonable detail, nature of the Lender’s its Increased Costs as soon as reasonably practicableCosts.

Appears in 1 contract

Samples: Facility Agreement (Oracle Corp /De/)

Increased cost claims. 13.2.1 If the Lender intends to make a claim pursuant to Clause 12.1 above, it shall: 12.2.1. 13.1 (Increased costs) the Lender shall promptly notify the Borrower Borrowers of the event giving rise to the claim claim. 13.2.2 The Lender shall, as soon as reasonably practicable; 12.2.2. upon request practicable after a demand by the BorrowerBorrowers, provide to the Borrower a certificate confirming the amount of the Lender’s its Increased Costs as soon as reasonably practicableCosts.

Appears in 1 contract

Samples: Secured Loan Agreement (Performance Shipping Inc.)

Increased cost claims. If 14.2.1 The Lender shall promptly notify the Lender intends Borrower of its intention to make a claim pursuant to Clause 12.1 above, it shall: 12.2.1. notify the Borrower 14.1 (Increased costs) and of the event giving rise to the claim claim. 14.2.2 The Lender shall, as soon as reasonably practicable; 12.2.2. upon request by the Borrower, practicable provide a certificate to the Borrower a certificate confirming the amount of the Lender’s its Increased Costs as soon as reasonably practicableCosts.

Appears in 1 contract

Samples: Facility Agreement (Net 1 Ueps Technologies Inc)

Increased cost claims. 13.2.1 If the Lender intends to make a claim pursuant to Clause 12.1 above, 13.1 it shall: 12.2.1. shall notify the Borrower of the event giving rise to the claim as soon as reasonably practicable;claim. 12.2.2. upon request by the Borrower13.2.2 The Lender shall, together with any notification given pursuant to Clause 13.2.1, provide to the Borrower a certificate confirming the amount of the Lender’s its Increased Costs as soon as reasonably practicabletogether with the basis for calculating any such amount.

Appears in 1 contract

Samples: Facility Agreement (Infiniti Solutions LTD)