Common use of LIBO RATE PREPAYMENTS Clause in Contracts

LIBO RATE PREPAYMENTS. In connection with any prepayment of all or any portion of the outstanding balance under the Line of Credit Facility upon which an Adjusted LIBO Rate is then applicable on any day other than the last day of an Interest Period--whether such prepayment is voluntary, mandatory, by demand, acceleration or otherwise--Borrowers must pay Administrative Agent for the benefit of Lenders all costs, losses and expenses (including funding costs) that any arise or be incurred as a result of or in connection with such prepayment, as such costs, losses and expenses may be calculated by each such Lender. Upon written request to Lenders (through Administrative Agent), each such Lender will furnish a statement setting forth the basis for such calculation. A determination or calculation by any Lender hereunder will be conclusive absent manifest error.

Appears in 2 contracts

Samples: Credit Facility Agreement (CCC Information Services Group Inc), Credit Facility Agreement (CCC Information Services Group Inc)

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LIBO RATE PREPAYMENTS. In connection with any prepayment of all or any portion of the outstanding balance under the Line of Credit Term Loan Facility upon which an Adjusted LIBO Rate is then applicable on any day other than the last day of an Interest Period--Period -- whether such prepayment is voluntary, mandatory, by demand, acceleration or otherwise--otherwise -- Borrowers must pay Administrative Agent for the benefit of Lenders all costs, losses and expenses (including funding costs) that any may arise or be incurred as a result of or in connection with such prepayment, as such costs, losses and expenses may be calculated by each such Lender. Upon written request to Lenders (through Administrative Agent), each such Lender will furnish a statement setting forth the basis for such calculation. A determination or calculation by any Lender hereunder will be conclusive absent manifest error.

Appears in 2 contracts

Samples: Credit Facility Agreement (CCC Information Services Group Inc), Credit Facility Agreement (CCC Information Services Group Inc)

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LIBO RATE PREPAYMENTS. In connection with any prepayment of all or any portion of the outstanding balance under the Line of Credit Facility upon which an Adjusted LIBO Rate is then applicable on any day other than the last day of an Interest Period--Period -- whether such prepayment is voluntary, mandatory, by demand, acceleration or otherwise--Borrowers otherwise -- Borrower must pay Administrative Agent for the benefit of Lenders all costs, losses and expenses (including funding costs) that any may arise or be incurred as a result of or in connection with such prepayment, as such costs, losses and expenses may be calculated by each such Lender. Upon written request to Lenders (through Administrative Agent), each such Lender will furnish a statement setting forth the basis for such calculation. A determination or calculation by any Lender hereunder will be conclusive absent manifest error.

Appears in 1 contract

Samples: Credit Facility Agreement (CCC Information Services Group Inc)

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