Common use of Losses on Liquidation or Re Clause in Contracts

Losses on Liquidation or Re. employment of Deposits The losses, costs or expenses referred to in clause 16.1 will include the amount determined in good faith by the Standby Redraw Facility Provider as being any loss (other than an amount for loss of profit other than loss of margin) including: (a) (Liquidation and re-employment): loss of margin, cost or expense incurred by reason of the liquidation or re-employment of deposits or other funds acquired or contracted for by the Standby Redraw Facility Provider to fund or maintain any such Advance or amount; and (b) (Other arrangements): losses, costs, damages, charges or expenses incurred by the Standby Redraw Facility Provider in relation to the variation, termination or making of any other arrangements in relation to any arrangement ancillary or related to this Agreement including, without limitation, any swap or derivative agreement entered into by the Standby Redraw Facility Provider in connection with or in order to fund any Advances.