Increased Costs; Change in Circumstances; Illegality; etc. (a) If, at any time after the date hereof and from time to time, the introduction of or any change in any applicable law, rule or regulation or in the interpretation or administration thereof by any Governmental Authority charged with the interpretation or administration thereof, or compliance by any Lender with any guideline or request from any such Governmental Authority (whether or not having the force of law), shall (i) subject such Lender to any tax or other charge, or change the basis of taxation of payments to such Lender, in respect of any of its LIBOR Loans or any other amounts payable hereunder or its obligation to make, fund or maintain any LIBOR Loans (other than any change in the rate or basis of tax on the overall net income, or a franchise tax imposed in lieu of a tax on the overall net income, of such Lender or its applicable Lending Office), (ii) impose, modify or deem applicable any reserve, special deposit or similar requirement (other than as a result of any change in the Reserve Requirement) against assets of, deposits with or for the account of, or credit extended by, such Lender or its applicable Lending Office, or (iii) impose on such Lender or its applicable Lending Office any other condition, and the result of any of the foregoing shall be to increase the cost to such Lender of making or maintaining any LIBOR Loans or to reduce the amount of any sum received or receivable by such Lender hereunder, the Borrower will, promptly upon demand therefor by such Lender, pay to such Lender such additional amounts as shall compensate such Lender for such increase in costs or reduction in return.
Increased Costs; Change in Circumstances; Illegality; etc. (a) If, at any time after the date hereof and from time to time, the introduction of or any change in any applicable law, rule or regulation or in the interpretation or administration thereof by any Governmental Authority charged with the interpretation or administration thereof, or compliance by the Lender with any guideline or request from any such Governmental Authority (whether or not having the force of law), shall (i) subject the Lender to any tax or other charge, or change the basis of taxation of payments to the Lender, (ii) impose, modify or deem applicable any reserve, special deposit or similar requirement against assets of, deposits with or for the account of, or credit extended by, the Lender, or (iii) impose on the Lender any other condition affecting its Loans, and the result of any of the foregoing shall be to increase the cost to the Lender of making or maintaining any Loans or to reduce the amount of any sum received or receivable by the Lender hereunder, the Borrower will, promptly upon demand therefor by the Lender, pay to the Lender such additional amounts, excluding amounts in respect of income, franchise and excise taxes as shall compensate the Lender for such increase in costs or reduction in return.
Increased Costs; Change in Circumstances; Illegality; etc. (a) If any Change in Law shall:
Increased Costs; Change in Circumstances; Illegality; etc. (a) If, at any time after the date hereof and from time to time, the introduction of or any change in any applicable law, rule or regulation or in the interpretation or administration thereof by any Governmental Authority charged with the interpretation or administration thereof, or compliance by any Lender with any guideline or request from any such Governmental Authority (whether or not having the force of law), shall (i) subject such Lender to any tax or other charge, or change the basis of taxation of payments to such Lender, in respect of any of its LIBOR Loans or any other amounts payable hereunder or its obligation to make, fund or maintain any LIBOR Loans (other than any change in the rate or basis of tax on the overall net income of such Lender or its applicable Lending Office), (ii) impose, modify or deem applicable any reserve, special deposit or similar requirement (other than as a result of any change in the Reserve Requirement) against assets of, deposits with or for the account of, or credit extended by, such Lender or its applicable Lending Office, or (iii) impose on such Lender or its applicable Lending Office any other condition affecting its LIBOR Loans, and the result of any of the foregoing shall be to increase the cost to such Lender of making or maintaining any LIBOR Loans or to reduce the amount of any sum received or receivable by such Lender hereunder (including with respect to Letters of Credit), the Borrower will, promptly upon demand therefor by such Lender (which demand shall be accompanied by a written explanation in reasonable detail, showing the basis for such demand), pay to such Lender such additional amounts as shall compensate such Lender for such increase in costs or reduction in return.
Increased Costs; Change in Circumstances; Illegality; etc. (a) If the introduction of or any change in any applicable law, rule or regulation or in the interpretation or administration thereof by any Governmental Authority charged with the interpretation or administration thereof, in each case after the Closing Date, or compliance by any Lender with any guideline or request from any such Governmental Authority (whether or not having the force of law but which such Lender customarily complies with) given or made after the Closing Date, shall
Increased Costs; Change in Circumstances; Illegality; etc. (a) If, at any time after the Amendment Effective Date and from time to time, the introduction of or any change in any applicable law, rule or regulation or in the interpretation or administration thereof by any Governmental Authority charged with the interpretation or administration thereof, or compliance by any Lender with any guideline or directive from any such Governmental Authority (whether or not having the force of law), shall (i) subject such Lender to any tax or other charge (other than "Taxes," as such term is defined in SECTION 2.17, and taxes imposed on the overall net income or profits of, or any branch or franchise tax applicable to such Lender or the Lending Office of such Lender), or change the basis of taxation of payments to such Lender, in respect of any of its LIBOR Loans or its obligation to make, fund or maintain any LIBOR Loans (other than changes in "Taxes," as such term is defined in SECTION 2.17, and taxes on the overall net income or profits of, or any branch or franchise tax applicable to such Lender or its applicable Lending Office), (ii) impose, modify or deem applicable any reserve, special deposit or similar requirement (other than as a result of any damage in the Reserve Requirement) against assets of, deposits with or for the account of, or credit extended by, such Lender or its applicable Lending Office, or (iii) impose on such Lender or its applicable Lending Office any other condition, and the result of any of the foregoing shall be to increase the cost to such Lender of making or maintaining any LIBOR Loans or issuing or participating in
Increased Costs; Change in Circumstances; Illegality; etc. (a) If, at any time after the date hereof and from time to time, the introduction of or any change in any applicable law, rule or regulation or in the interpretation or administration thereof by any Governmental
Increased Costs; Change in Circumstances; Illegality; etc. 70 Section 2.17. Benchmark Replacement. 72 Section 2.18. Taxes 73 Section 2.19. Compensation 76 Section 2.20. Defaulting Lenders 77 Section 2.21. Replacement of Lenders 79 Section 2.22. Mitigation; Etc. 80 Section 2.23. Incremental Loans 81 Section 2.24. Credit Agreement Refinancing Facilities 84 ARTICLE 3 LETTERS OF CREDIT 86 Section 3.01. Issuance 86 Section 3.02. Notices 87 Section 3.03. Participations 87 Section 3.04. Reimbursement 88 Section 3.05. Payment by Revolving Loans 88 Section 3.06. Payment to Lenders 89 Section 3.07. Obligations Absolute 89 Section 3.08. Cash Collateral Account 90 Section 3.09. Effectiveness 91 Section 3.10. Defaulting Lender 91 Section 3.11. Appointment; Resignation and Removal of Issuing Lender 91 ARTICLE 4 CONDITIONS OF BORROWING 91 Section 4.01. Conditions of Initial Borrowing 91 Section 4.02. Conditions of All Borrowings 93
Increased Costs; Change in Circumstances; Illegality; etc. (a) If the adoption or modification after the Closing Date of any applicable law, rule or regulation, or any change after the Closing Date in the interpretation or administration thereof by any Governmental Authority or central bank (whether or not having the force of law) charged with the interpretation, administration or compliance of the Lender with any of such requirements, shall increase the costs to the Lender of agreeing to make, making, funding or maintaining any LIBOR Tranche or reduce the yield or rate of return of the Lender on any LIBOR Tranche to a level below that which the Lender could have achieved but for the adoption or modification of any such requirements (other than as a result of any change in the Reserve Requirement) or the interpretation or administration thereof, the Borrower will, within fifteen (15) days after delivery to the Borrower by the Lender of written demand therefor, pay to the Lender such additional amounts as shall compensate the Lender for such increase in costs or reduction in return. Such written demand shall reflect the basis for calculation of the additional amounts owed.
Increased Costs; Change in Circumstances; Illegality; etc. (a) If, at any time after the date hereof and from time to time, by reason of (i) the introduction of or any change in any applicable law, rule or regulation or in the interpretation or administration thereof by any Governmental Authority charged with the interpretation or administration thereof or (ii) compliance with any guideline or request from any such Governmental Authority (whether or not having the force of law), there shall be any increase in the costs to any Lender of agreeing to make, making, funding or maintaining any LIBOR Loans or other reduction in any amount received or receivable by such Lender hereunder in respect of its LIBOR Loans (other than by reason of any change in the Reserve Requirement or any change in the rate or basis of tax on the overall net income of such Lender or its applicable lending office imposed by the jurisdiction in which such Lender's principal office or applicable lending office is located), the Borrower will, within fifteen (15) days after delivery to the Borrower by such Lender of written demand therefor (with a copy thereof to the Agent), pay to such Lender such additional amounts as shall compensate such Lender for such increase in costs or reduction in return.
