Common use of Increased Costs Claims Clause in Contracts

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.

Appears in 8 contracts

Samples: Senior Facility Agreement (General Maritime Corp), Senior Facility Agreement (General Maritime Corp), Junior Facility Agreement (General Maritime Corp)

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Increased Costs Claims. If a A Bank intends intending to make a claim pursuant to Clause 11.1 12.1 (INCREASED COSTSIncreased Costs) it shall notify the Agent of the event by reason of which it is entitled giving rise to do so such claim, whereupon the Agent shall notify the Borrower accordinglythereof.

Appears in 5 contracts

Samples: Term Facility Agreement (Zindart LTD), Credit Agreement (NTL Communications Corp), Credit Agreement (NTL Inc/De/)

Increased Costs Claims. If a A Bank intends intending to make a claim pursuant to Clause 11.1 (INCREASED COSTSIncreased Costs) it shall notify the Agent of the event by reason giving rise to such claim and the amount of which it is entitled to do so such claim and the basis for calculation of such amount in reasonable detail whereupon the Agent shall notify the Borrower accordinglyAccount Party thereof.

Appears in 2 contracts

Samples: Letter of Credit Facility Agreement (Ace LTD), Letter of Credit Facility Agreement (Ace LTD)

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 Borrowers accordingly.

Appears in 2 contracts

Samples: Junior Facility Agreement (General Maritime Corp), Senior Facility Agreement (General Maritime Corp)

Increased Costs Claims. If a the Bank intends to make a claim pursuant to Clause 11.1 (INCREASED COSTSIncreased Costs) it shall notify the Agent of the event giving rise to such claim and provide reasonable detail as to the amounts and the assumptions used by reason of which it is entitled the Bank in determining such amounts to do so be paid hereunder, whereupon the Agent shall notify the Borrower accordinglythereof.

Appears in 2 contracts

Samples: Term Loan Agreement, Term Loan Agreement

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Increased Costs Claims. If a A Bank intends intending to make a claim pursuant to Clause 11.1 13.1 (INCREASED COSTSIncreased Costs) it shall notify the Agent of the event by reason of which it is entitled giving rise to do so such claim, whereupon the Agent shall notify the Borrower accordinglyRelevant Obligor thereof.

Appears in 2 contracts

Samples: Credit Agreement (NTL Delaware Inc), Credit Agreement (NTL Inc/De/)

Increased Costs Claims. If a A Bank intends intending to make a claim pursuant to Clause 11.1 16.1 (INCREASED COSTSIncreased Costs) it shall notify the Agent of the event by reason of which it is entitled giving rise to do so such claim, whereupon the Agent shall notify the Principal Borrower accordinglythereof.

Appears in 1 contract

Samples: Credit Agreement (NTL Inc/De/)

Increased Costs Claims. If a the Bank intends to make a claim pursuant to Clause 11.1 9.1 (INCREASED COSTS) Increased Costs), it shall notify the Agent Borrower of the event by reason of which it is entitled giving rise to do so whereupon the Agent shall notify the Borrower accordinglysuch claim.

Appears in 1 contract

Samples: Guarantee Facility Agreement (Maxtor Corp)

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