Making or Maintaining Eurocurrency Rate Loans. (a) Inability to Determine Applicable Interest Rate.
Making or Maintaining Eurocurrency Rate Loans. (a) Adjusted LIBOR may be adjusted by the Administrative Agent with respect to any Lender on a prospective basis to take into account any additional or increased costs to such Lender of maintaining or obtaining any eurodollar deposits or increased costs (other than Taxes which shall be governed by Section 2.17), in each case, due to changes in applicable law occurring subsequent to the commencement of the then applicable Interest Period, including any Change in Law and changes in the reserve requirements imposed by the Board of Governors, which additional or increased costs would increase the cost of funding or maintaining loans bearing interest at Adjusted LIBOR. In any such event, the affected Lender shall give the Borrower Representative and the Administrative Agent notice of such a determination and adjustment and the Administrative Agent promptly shall transmit the notice to each other Lender and, upon its receipt of the notice from the affected Lender, the Borrower Representative may, by notice to such affected Lender (A) require such Lender to furnish to the Borrower Representative a statement setting forth in reasonable detail the basis for adjusting such Adjusted LIBOR and the method for determining the amount of such adjustment, or (B) repay the Eurocurrency Rate Loans of such Lender with respect to which such adjustment is made (together with any amounts due as a result of Funding Losses).
Making or Maintaining Eurocurrency Rate Loans
