Common use of Increased Costs Claims Clause in Contracts

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.

Appears in 6 contracts

Samples: Senior Facilities Agreement (Virgin Media Inc.), Senior Facilities Agreement (Virgin Media Inc.), Senior Facilities Agreement (Virgin Media Investment Holdings LTD)

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Increased Costs Claims. (a) A Relevant 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 Relevant Finance Party shall, as soon as practicable after a demand by the Facility Agent, provide a certificate confirming the amount of its its, or if applicable, its Affiliate’s Increased Costs and setting out in reasonable detail the circumstances giving rise to such claim and its calculations in relation to such Increased Costs.

Appears in 4 contracts

Samples: Senior Facilities Agreement (VMWH LTD), Senior Facilities Agreement (Virgin Media Inc.), Senior Facilities Agreement (Virgin Media Inc.)

Increased Costs Claims. (aA) A Finance Party intending to make a claim pursuant to Clause 18.1 clause 12.1 (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. (bB) 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.

Appears in 4 contracts

Samples: Facility Agreement (PCCW LTD), Facility Agreement (PCCW LTD), Facility Agreement (PCCW LTD)

Increased Costs Claims. (a) A Finance Party intending to make a claim pursuant to Clause 18.1 19.1 (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 BorrowerParent. (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 although failure to give such certificate shall not release or diminish the Borrower’s obligations to pay the Increased Costs.

Appears in 3 contracts

Samples: Senior Facilities Agreement (Buhrmann Nv), Senior Facilities Agreement (Buhrmann Nv), Senior Facilities Agreement (Moore Labels Inc)

Increased Costs Claims. (a) A Finance Party intending to make a claim pursuant to Clause 18.1 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 relevant BorrowerCo-ordinator. (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.

Appears in 2 contracts

Samples: Fleet Financing Facility Agreement (Avis Budget Group, Inc.), Avis Europe Interim Fleet Financing Facility Agreement (Avis Budget Group, Inc.)

Increased Costs Claims. (ai) A Finance Party intending to make a claim pursuant to Clause 18.1 (for any Increased Costs) Costs shall notify the Facility Agent of the event giving rise to the claim, claim following which the Facility Agent shall promptly notify the relevant BorrowerObligors’ Agent. (bii) 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 claim and specifying reasonable detail its calculations in relation to such Increased Costsdetails.

Appears in 2 contracts

Samples: Loan Agreement (United Biscuits Finance PLC), Facilities Agreement (United Biscuits Finance PLC)

Increased Costs Claims. (a) A Finance Party intending to make a claim pursuant to Clause 18.1 19.1 (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 BorrowerParent. (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 although failure to give such certificate shall not release or diminish the relevant Borrowers’ obligations to pay the Increased Costs.

Appears in 2 contracts

Samples: Senior Facilities Agreement (Buhrmann Nv), Senior Facilities Agreement (Corporate Express N.V.)

Increased Costs Claims. (a) A Finance Party intending to make a claim pursuant to Clause 18.1 14.1 (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 and setting out the calculation in reasonable detail its calculations in relation to such Increased Costsdetail.

Appears in 1 contract

Samples: Facilities Agreement (Corporate Property Associates 17 - Global INC)

Increased Costs Claims. (aA) A Finance Party intending to make a claim pursuant to Clause 18.1 16.1 (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 BorrowerParent Company. (bB) 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.

Appears in 1 contract

Samples: Term Facilities Agreement (Shire PLC)

Increased Costs Claims. (a) A Finance Party intending to make a claim pursuant to Clause 18.1 20.1 (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 BorrowerParent. (b) Each Finance Party shall, as soon as practicable after a demand by the Facility Agent, provide a certificate confirming the amount of its its, or if applicable, its Affiliate’s Increased Costs and setting out in reasonable detail the circumstances giving rise to such claim and its calculations in relation to such Increased Costs.

Appears in 1 contract

Samples: Senior Facilities Agreement (Liberty Global PLC)

Increased Costs Claims. (a) A Finance Party intending to make a claim pursuant to Clause 18.1 13.1 (Increased Costs) shall notify the Facility Agent of the event giving rise to the such claim, following which the Facility Agent shall promptly notify the relevant BorrowerCompany thereof. (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 Costsincreased costs.

Appears in 1 contract

Samples: Syndicated Multi Currency Term Loan and Revolving Credit Facilities Agreement (Qiagen Nv)

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 Affiliates Increased Costs setting out in reasonable detail its calculations in relation to such Increased Costs.

Appears in 1 contract

Samples: Senior Facilities Agreement (Virgin Media Inc.)

Increased Costs Claims. (a) A Finance Party intending to make a claim pursuant to Clause 18.1 17.1 (Increased Costs) shall notify the Facility Agent of the event giving rise to the claim, claim following which the Facility Agent shall promptly notify the relevant BorrowerTCN. (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.

Appears in 1 contract

Samples: Senior Facilities Agreement (Telewest Global Inc)

Increased Costs Claims. (a) A Finance Party intending to make a claim pursuant to Clause 18.1 14.1 (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 its, or if applicable, its Affiliate’s Increased Costs and setting out in reasonable detail the circumstances giving rise to such claim and its calculations in relation to such Increased Costs.

Appears in 1 contract

Samples: High Yield Bridge Facilities Agreement (Liberty Global PLC)

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Increased Costs Claims. (a) A Finance Party intending to make a claim pursuant to Clause 18.1 (for any Increased Costs) shall Costs must notify the Facility Agent of the event circumstances giving rise to and the amount of the claim, following which the Facility Agent shall must promptly notify the relevant BorrowerCompany. (b) Each Finance Party shallmust, as soon as reasonably 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.

Appears in 1 contract

Samples: Facility Agreement (eHi Car Services LTD)

Increased Costs Claims. (a) A Finance Party intending to make a claim pursuant to Clause 18.1 16.1 (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 BorrowerBidco. (b) Each Finance Party shall, as soon as practicable after a demand by the Facility Agent, provide a certificate confirming the amount of its its, or if applicable, its Affiliate’s Increased Costs and setting out in reasonable detail the circumstances giving rise to such claim and its calculations in relation to such Increased Costs.

Appears in 1 contract

Samples: Acquisition Facilities Agreement (Liberty Global PLC)

Increased Costs Claims. (a) A Finance Party intending to make a claim pursuant to Clause 18.1 12.1 (Increased Costs) shall notify the Facility Administrative Agent of the event giving rise to the claim, following which the Facility Administrative Agent shall promptly notify the relevant Borrower. (b) Each Finance Party shall, as soon as practicable after a demand by the Facility Administrative 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.

Appears in 1 contract

Samples: Credit Facility Agreement (Ship Finance International LTD)

Increased Costs Claims. (a) 20.2.1 A Finance Party intending to make a claim pursuant to Clause 18.1 20.1 (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 BorrowerParent Company. (b) 20.2.2 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.

Appears in 1 contract

Samples: Facility Agreement (Shire Ltd.)

Increased Costs Claims. (a1) A Finance Party intending to make a claim pursuant to Clause 18.1 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 relevant Borrower. (b2) 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.

Appears in 1 contract

Samples: Facility Agreement (Corporate Property Associates 16 Global Inc)

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.

Appears in 1 contract

Samples: Senior Facilities Agreement (NTL Inc)

Increased Costs Claims. (a) A Finance Party intending to make a claim pursuant to Clause 18.1 12.1 (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 BorrowerTCN. (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.

Appears in 1 contract

Samples: Second Lien Facility Agreement (Telewest Global Inc)

Increased Costs Claims. (a) A Finance Party intending to make a claim pursuant to Clause 18.1 13.1 (Increased Costs) shall notify the Facility Agent of the event giving rise to the claim, together with a certificate setting forth in reasonable detail a breakdown confirming the calculation of the actual Increased Cost and supporting documents that support the actual Increased Cost, following which the Facility Agent shall promptly notify the relevant BorrowerObligor. (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.

Appears in 1 contract

Samples: Facility Agreement (Lamb Weston Holdings, Inc.)

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