Increased Costs Claims. (a) A Finance Party intending to make a claim pursuant to Clause 18.1 (Increased Costs) shall notify the Facility Agent of the event giving rise to the claim, following which the Facility Agent shall promptly notify the relevant Borrower.
(b) Each Finance Party shall, as soon as practicable after a demand by the Facility Agent, provide a certificate confirming the amount of its or if applicable, its Affiliate’s Increased Costs setting out in reasonable detail its calculations in relation to such Increased Costs.
Increased Costs Claims. If a Bank intends to make a claim pursuant to Clause 11.1 (INCREASED COSTS) it shall notify the Agent of the event by reason of which it is entitled to do so whereupon the Agent shall notify the Borrower accordingly.
Increased Costs Claims. If the Lender intends to make a claim pursuant to Clause 10.1 (Increased Costs), it shall notify the Borrower thereof and provide a written description in reasonable detail of the relevant Change of Law or Capital Adequacy Requirement, as the case may be, including a description of the relevant affected jurisdiction or country and the date on which the change in circumstances took effect; provided that nothing herein shall require the Lender to disclose any confidential information relating to the organisation of its or any other person’s affairs. The written description shall demonstrate the connection between the change in circumstance and the increased costs and shall be accompanied by relevant supporting documentation evidencing the matters described therein.
Increased Costs Claims. A Finance Party intending to make a claim pursuant to Clause 10.1 (Increased Costs) shall notify the Agent of the event giving rise to such claim, the amount of such claim and the basis for calculation of such amount, no later than 60 days of the credit department of its Facility Office becoming aware of such event, whereupon the Agent shall notify the Borrower thereof.
Increased Costs Claims. A Bank intending to make a claim pursuant to Clause 10.1 (Increased Costs) shall notify the Agent as soon as reasonably practicable of the event giving rise to such claim and the amount of such claim and the basis for calculation of such amount in reasonable detail whereupon the Agent shall notify the Borrower thereof. Prior to making any such claim, such Bank will use reasonable commercial efforts available to it (and not, in such Bank’s good faith judgment, otherwise disadvantageous to such Bank) to mitigate or avoid any obligation by the Borrower to pay any amount pursuant to 10.1 (Increased Costs). If any Bank has made a claim pursuant to 10.1 (Increased Costs) and thereafter the event or circumstance giving rise to such claim ceases to exist, such Bank shall promptly so notify the Borrower and the Agent. Without limiting the foregoing, each Bank will designate a different lending office if such designation will avoid (or reduce the cost to the Borrower of) any claim pursuant to 10.1 (Increased Costs) and such designation will not, in such Bank’s good faith judgment, be otherwise disadvantageous to such Bank.
Increased Costs Claims. If the Authority intends to make a claim pursuant to Clause 9.1 (Increased Costs) it shall, as soon as reasonably practicable, notify the Borrower of the event by reason of which it is entitled to do so Provided that nothing herein shall require the Authority to disclose any confidential information relating to the organisation of its affairs.
Increased Costs Claims. If a Lender intends to make a claim pursuant to clause 10.1 it shall notify the Borrower of the event by reason of which it is entitled to do so and provide the Borrower with supporting evidence where practicable.
Increased Costs Claims. If any Lender intends to make a claim pursuant to clause (a) it shall notify the EUR Borrower of the event by reason of which it is entitled to do so provided that nothing herein shall require any Lender to disclose any confidential information relating to the organization of its affairs.
Increased Costs Claims. (a) A Finance Party intending to make a claim pursuant to Clause 16.1 (Increased Costs) shall notify the Off Shore Facility Agent of the event giving rise to the claim, following which the Off Shore Facility Agent shall promptly notify the Borrower.
(b) Each Finance Party shall, as soon as practicable after a demand by the Off Shore Facility Agent, provide a certificate confirming the amount of its Increased Costs.
Increased Costs Claims. (a) A Finance Party intending to make a claim pursuant to Clause 13.1 (Increased Costs) shall notify the Facility Agent of the event giving rise to the claim, following which the Facility Agent shall promptly notify the Borrower. A certificate as to the amount of such Increased Costs, setting forth in reasonable detail the basis thereof, shall be promptly provided by the Facility Agent to the Borrower.
(b) Each Finance Party shall, as soon as practicable after a demand by the Facility Agent, provide to the Facility Agent (and the Facility Agent shall promptly provide a copy to the Borrower of) a detailed certificate confirming the amount of its Increased Costs, setting forth in reasonable detail the basis thereof and attaching, where possible, reasonable supporting documentation.
