LIBOR Breakage Costs Sample Clauses

LIBOR Breakage Costs. Upon (i) any default by Borrower in making any borrowing of, conversion into or continuation of any LIBOR Loan following Borrower's delivery to Agent of any LIBOR Loan request in respect thereof or (ii) any payment of a LIBOR Loan on any day that is not the last day of the LIBOR Period applicable thereto (regardless of the source of such prepayment and whether voluntary, by acceleration or otherwise), Borrower shall pay Agent, for the benefit of all Lenders that funded or were prepared to fund any such LIBOR Loan, LIBOR Breakage Costs, if applicable.
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LIBOR Breakage Costs. With respect to any Libor Rate Loan to be prepaid prior to the end of the applicable Interest Period or not borrowed, converted or continued (“drawn” and, with correlative meaning, “draw”) after elected, a prepayment “breakage” fee in an amount, as reasonably determined by the Agent, required to compensate the Lenders for any and all additional losses, costs or expenses that such Lenders incur as a result of such prepayment or failure to borrow, convert or continue a Libor Rate Loan, including, without limitation, any loss (excluding loss of anticipated profits), cost or expense incurred by reason of the liquidation or reemployment of deposits of other funds acquired by any Lender to fund or maintain such Libor Rate Loan.
LIBOR Breakage Costs. With respect to any LIBOR Rate Loan to be prepaid or not drawn after elected or converted prior to the last day of the applicable Interest Period, a prepayment "breakage" fee in an amount determined by the Administrative Agent in the following manner:
LIBOR Breakage Costs. Upon (i) any default by any US Borrower in making any borrowing of, conversion into or continuation of any LIBOR Loan following US Borrower Representative’s delivery to US Agent of any LIBOR Loan request in respect thereof or (ii) any payment of a LIBOR Loan on any day that is not the last day of the LIBOR Period applicable thereto (regardless of the source of such prepayment and whether voluntary, by acceleration or otherwise), US Borrowers shall pay US Agent, for the benefit of all US Lenders that funded or were prepared to fund any such LIBOR Loan, LIBOR Breakage Costs, if applicable.
LIBOR Breakage Costs. In the case of any LIBOR Rate Loan, such loss, cost or expense to any Lender, which shall be deemed to include an amount determined by such Lender to be the excess, if any, of (i) the amount of interest which would have accrued on the principal amount of such Loan had the event described in §4.8 not occurred, at the LIBOR Rate that would have been applicable to such Loan, for the period from the date of such event to the last day of the then current Interest Period therefor (or, in the case of a failure to borrow, convert or continue, for the period that would have been the Interest Period for such Loan), over (ii) the amount of interest which would accrue on such principal amount for such period at the market interest rate which such Lender would bid were it to reasonably bid, at the commencement of such period, for dollar deposits of a comparable amount and period from other banks in the eurodollar market.
LIBOR Breakage Costs. Upon any repayment or prepayment pursuant to this Section 2.9 of any Loan which is also a Libor Rate Loan not made on the last day of any Interest Period for such Libor Rate Loan, Borrower shall pay to Agent for the ratable benefit of the Lenders, such Libor Breakage Costs pursuant to Section 2.14 hereof, but not as the result of a mandatory prepayment pursuant to Sections 2.9(c) or 2.9(d) if Agent does not observe Section 2.9(e).
LIBOR Breakage Costs. Borrower shall upon request pay to Administrative Agent for account of each Lender, such amount or amounts as shall be sufficient (in the reasonable opinion of each Lender) to compensate it for any loss, cost or expense that such Lender determines is attributable to:
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LIBOR Breakage Costs. In addition, the Borrowers are, jointly and severally, liable for, and shall pay to the Agent, for the benefit of the Lenders, upon the written request of the Agent, as reimbursement to the Agent and/or the Lenders for any loss, costs or expenses incurred by the Agent, the Lenders or both as a result of: (A) any payment or prepayment on a date other than the last day of a LIBOR Period for such LIBOR Advance, or (B) any failure of the Borrowers to borrow a LIBOR Advance on the date for such borrowing specified in the relevant notice, a prepayment fee calculated at the rate of three-quarters of one percent (.75%) per annum of the face amount of the LIBOR Advance so paid or prepaid, from the period from the date of receipt of such payment or prepayment, or the date of such failure to borrow, to the last day of such LIBOR Period (the "Breakage Fee"). The determination by the Agent, the Lenders, or both, of the Breakage Fee, when set forth in a written notice to the Borrowers, containing their respective calculations thereof in reasonable detail, shall be conclusive on the Borrowers, in the absence of manifest error. Calculation of all amounts payable to the Agent, the Lenders or both under this paragraph with regard to LIBOR Advances shall be made as though the Agent, the Lenders or both had actually funded the LIBOR Advances through the purchase of deposits in the relevant market and currency, as the case may be, bearing interest at the rate applicable to such LIBOR Advances in an amount equal to the amount of the LIBOR Advances and having a maturity comparable to the relevant interest period; provided, however, that the Agent and the Lenders may fund each of the LIBOR Advances in any manner the Agent and the Lenders see fit and the foregoing assumption shall be used only for calculation of amounts payable under this paragraph.
LIBOR Breakage Costs. Each Borrower shall pay to Lender all LIBOR Breakage Costs within three (3) Business Days of demand by Lender. LIBOR Breakage costs shall be a Part of the Obligations for all purposes. Lender shall, as soon as reasonably practicable alter a demand by the Borrowers, provide a certificate confirming in reasonable detail the calculation of its LIBOR Breakage Costs for any Interest Period in which they accrue.
LIBOR Breakage Costs. Borrower shall pay to any Lender all LIBOR Breakage Costs immediately upon demand by such Lender. LIBOR Breakage costs shall be a part of the Obligations for all purposes.
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