LIBOR Loan Breakage Costs Sample Clauses

LIBOR Loan Breakage Costs. In the event the Borrower wishes to repay LIBOR Loans comprising a Borrowing prior to the last day of the applicable LIBOR Interest Period, the Borrower shall so notify the Agent, and provided the Borrower and each Lender which participated in such Borrowing have agreed upon the amount of the indemnity payable to such Lender pursuant to Section 11.2(e) in respect of such repayment, the Borrower may repay such LIBOR Loans and pay such indemnity and such LIBOR Loans shall not thereafter be deemed to be outstanding as LIBOR Loans hereunder.
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LIBOR Loan Breakage Costs. Borrower shall indemnify, defend and hold harmless each Lender against any loss or expense that a Lender may incur in connection with the prepayment of a LIBOR Loan, the Borrower's failure to borrow or to pay when it stated it would do so, including, but not limited to, the fees or charges customarily included in "breakage costs" that may result to a Lender from the early repayment of a LIBOR Liability, which costs may be calculated by a Lender as though Borrower's prepayment had been match-funded with a corresponding LIBOR Liability, whether or not the Lender manages its LIBOR Liabilities on a loan-by-loan basis. Additionally, upon prepayment of any LIBOR Loan on a date other than the relevant Interest Payment Date for such borrowing, Borrower shall pay to Lenders, in addition to all other payments then due and owing Lenders, premiums which shall be equal to an amount, if any, reasonably determined by Agent to be the difference between the rate of interest then applicable to the relevant LIBOR Loan and the yield Lenders would receive upon reinvestment of so much of the relevant LIBOR Loans as is prepaid for the remainder of the term of the relevant LIBOR Loan or Loans. Anything in this Section 2.11.3 to the contrary notwithstanding, the premiums payable upon any
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LIBOR Loan Breakage Costs. Borrower shall indemnify, defend and hold harmless each Lender against any loss or expense that a Lender may incur in connection with the prepayment of a LIBOR Loan, the Borrower's failure to borrow or to pay when it stated it would do so, including, but not limited to, the fees or charges customarily included in "breakage costs" that may result to a Lender from the early repayment of a LIBOR Liability, which costs
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LIBOR Loan Breakage Costs. The Borrower shall indemnify, defend and hold harmless each Lender against any loss or expense that a Lender may incur in connection with the prepayment of a LIBOR Loan, the Borrower's failure to borrow or to pay when it stated it would do so, including, but not limited to, the fees or charges customarily included in "breakage costs" that may result to a Lender from the early repayment of a LIBOR Liability, which costs may be calculated by a Lender as though the Loan(s) retired by the Borrower's prepayment had been match-funded with a corresponding LIBOR Liability, whether or not the Lender manages its LIBOR Liabilities on a loan-by-loan basis. Additionally, upon prepayment of any LIBOR Loan on a date other than the relevant Interest Payment Date for such borrowing, the Borrower shall pay to the Lenders, in addition to all other payments then due and owing the Lenders, premiums which shall be equal to an amount, if any, reasonably determined by the Agent to be the difference between the rate of interest then applicable to the relevant
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LIBOR Loan Breakage Costs. The Borrower shall indemnify, defend and hold harmless each Lender against any loss or expense that a Lender may incur in connection with the prepayment of a LIBOR Loan, the Borrower's failure to borrow or to pay when it stated it would do so, including, but not limited to, the fees or charges customarily included in "breakage costs" that may result to a Lender from the early repayment of a LIBOR Liability, which costs may be calculated by a Lender as though the Loan(s) retired by the Borrower's prepayment had been match-funded with a corresponding LIBOR Liability, whether or not the Lender manages its LIBOR
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Related to LIBOR Loan Breakage Costs

  • Breakage Costs Without limiting its generality, Clause 21.1 covers any claim, expense, liability or loss, including a loss of a prospective profit, incurred by a Lender:

  • Increased LIBO Rate Loan Costs, etc The Borrower agrees to reimburse each Lender and each Issuer for any increase in the cost to such Lender or Issuer of, or any reduction in the amount of any sum receivable by such Secured Party in respect of, such Secured Party’s Commitments and the making of Credit Extensions hereunder (including the making, continuing or maintaining (or of its obligation to make or continue) any Loans as, or of converting (or of its obligation to convert) any Loans into, LIBO Rate Loans) that arise in connection with any change in, or the introduction, adoption, effectiveness, interpretation, reinterpretation or phase-in after the Restatement Effective Date of, any law or regulation, directive, guideline, decision or request (whether or not having the force of law) of any Governmental Authority, except for such changes with respect to increased capital costs and Taxes which are governed by Sections 4.5 and 4.6, respectively. Each affected Secured Party shall promptly notify the Administrative Agent and the Borrower in writing of the occurrence of any such event, stating the reasons therefor and the additional amount required fully to compensate such Secured Party for such increased cost or reduced amount. Such additional amounts shall be payable by the Borrower directly to such Secured Party within five Business Days of its receipt of such notice, and such notice shall, in the absence of manifest error, constitute prima facie evidence thereof and shall be binding on the Borrower.

  • Eurodollar Rate Loans After Default After the occurrence of and during the continuation of a Potential Event of Default or an Event of Default, (i) Company may not elect to have a Loan be made or maintained as, or converted to, a Eurodollar Rate Loan after the expiration of any Interest Period then in effect for that Loan and (ii) subject to the provisions of subsection 2.6D, any Notice of Borrowing or Notice of Conversion/Continuation given by Company with respect to a requested borrowing or conversion/continuation that has not yet occurred shall be deemed to be rescinded by Company.

  • Additional Interest on Eurodollar Rate Advances The Borrower shall pay to each Lender, so long as such Lender shall be required under regulations of the Board of Governors of the Federal Reserve System to maintain reserves with respect to liabilities or assets consisting of or including Eurocurrency Liabilities, additional interest on the unpaid principal amount of each Eurodollar Rate Advance of such Lender, from the date of such Advance until such principal amount is paid in full, at an interest rate per annum equal at all times to the remainder obtained by subtracting (i) the Eurodollar Rate for the Interest Period for such Advance from (ii) the rate obtained by dividing such Eurodollar Rate by a percentage equal to 100% minus the Eurodollar Rate Reserve Percentage of such Lender for such Interest Period, payable on each date on which interest is payable on such Advance. Such additional interest shall be determined by such Lender and notified to the Borrower through the Administrative Agent, and such determination shall be conclusive and binding for all purposes, absent manifest error.

  • Interest on Revolving Credit Advances Each Borrower shall pay interest on the unpaid principal amount of each Revolving Credit Advance made to such Borrower owing to each Lender from the date of such Revolving Credit Advance until such principal amount shall be paid in full, at the following rates per annum:

  • Increased Costs Reserves on Eurodollar Rate Loans (a) Increased Costs Generally. If any Change in Law shall:

  • Revolving Loan Prepayments (i) In the event of the termination of all the Revolving Commitments, Borrower shall, on the date of such termination, repay or prepay all its outstanding Revolving Borrowings and all outstanding Swingline Loans and replace all outstanding Letters of Credit or cash collateralize all outstanding Letters of Credit in accordance with the procedures set forth in Section 2.18(i).

  • Application of Prepayments of Loans to Base Rate Loans and Eurodollar Rate Loans Considering each Class of Loans being prepaid separately, any prepayment thereof shall be applied first to Base Rate Loans to the full extent thereof before application to Eurodollar Rate Loans, in each case in a manner which minimizes the amount of any payments required to be made by Borrower pursuant to Section 2.18(c).

  • Interest on Revolving Credit Loans Except as otherwise provided in Section 5.11,

  • Interest on Revolving Loans The outstanding principal amount of each Revolving Loan made by each Lender shall bear interest at a fluctuating rate per annum that shall at all times be equal to (i) during such periods as such Revolving Loan is a Base Rate Loan, the Base Rate plus the Applicable Margin in effect from time to time, and (ii) during such periods as such Revolving Loan is a Eurodollar Loan, the relevant Adjusted Eurodollar Rate for such Eurodollar Loan for the applicable Interest Period plus the Applicable Margin in effect from time to time.

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