Common use of Increased Costs Claims Clause in Contracts

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.

Appears in 6 contracts

Samples: Loan Agreement (Wimm Bill Dann Foods Ojsc), Agreement (Open Joint Stock Co Vimpel Communications), Agreement (Open Joint Stock Co Vimpel Communications)

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Increased Costs Claims. If the Lender intends to make a claim pursuant to Clause 10.1 9.1 (Increased Costs), it shall promptly notify the Borrower thereof and provide (to the extent reasonably practicable) a written description in writing in reasonable detail of the relevant Change of Law or Capital Adequacy Requirement, reason (as the case may be, described in Clause 9.1 (Increased Costs) above) 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 This written description shall (to the extent reasonably practicable) demonstrate the connection between the change in circumstance and the increased additional costs and shall be accompanied by relevant supporting documentation documents evidencing the matters described therein.

Appears in 3 contracts

Samples: HTM Loan Agreement, Public Joint Stock Co Commercial Bank PrivatBank, Public Joint Stock Co Commercial Bank PrivatBank

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 beLaw, 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.

Appears in 2 contracts

Samples: Agreement (Open Joint Stock Co Vimpel Communications), Agreement (Open Joint Stock Co Vimpel Communications)

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 organization 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.

Appears in 1 contract

Samples: Loan Agreement (Open Joint Stock Co Vimpel Communications)

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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 '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.

Appears in 1 contract

Samples: Loan Agreement (Wimm Bill Dann Foods Ojsc)

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