MANDATORY COST FORMULA. 1. The Mandatory Cost is an addition to the interest rate to compensate Lenders for the cost of compliance with (a) the requirements of the Bank of England and/or the Financial Services Authority (or, in either case, any other authority which replaces all or any of its functions) or (b) the requirements of the European Central Bank.
Appears in 17 contracts
Samples: Possession Credit Agreement (Eagle Bulk Shipping Inc.), Facility Agreement (Orion Engineered Carbons S.a r.l.), Loan and Security Agreement (Commercial Vehicle Group, Inc.)
MANDATORY COST FORMULA. 1. 1 The Mandatory Cost is an addition to the interest rate to compensate Lenders for the cost of compliance with (a) the requirements of the Bank of England and/or the Financial Services Authority (or, in either case, or any other authority which replaces all or any of its functions) or (b) the requirements of the European Central Bank.
Appears in 11 contracts
Samples: Loan Agreement (Global Ship Lease, Inc.), Loan Agreement (Castor Maritime Inc.), Agreement (Capital Product Partners L.P.)
MANDATORY COST FORMULA. 1. 1 The Mandatory Cost is an addition to the interest rate to compensate Lenders the Lender for the cost of compliance with (a) the requirements of the Bank of England and/or the Financial Services Authority (or, in either case, or any other authority which replaces all or any of its functions) or (b) the requirements of the European Central Bank.
Appears in 5 contracts
Samples: Agreement (DryShips Inc.), Loan Agreement (Paragon Shipping Inc.), Agreement (NewLead Holdings Ltd.)
MANDATORY COST FORMULA. 1. The Mandatory Cost is an addition to the interest rate to compensate Lenders for the cost of compliance with (a) the requirements of the Bank of England and/or the Financial Services Authority (or, in either case, any other authority which replaces all or any of its functions) or (b) the requirements of the European Central Bank.
Appears in 2 contracts
Samples: Facility Agreement (Hoegh LNG Partners LP), Facility Agreement (Hoegh LNG Partners LP)
MANDATORY COST FORMULA. 1. 1 The Mandatory Cost is an addition to the interest rate to compensate Lenders for the cost of compliance with (a) the requirements of the Bank of England and/or the Financial Services Authority (or, in either case, any other authority which replaces all or any of its functions) or (b) the requirements of the European Central Bank.
Appears in 1 contract
MANDATORY COST FORMULA. 1. The Mandatory Cost is an addition to the interest rate in relation to compensate Lenders for the cost of compliance with (a) the requirements of the Bank of England and/or the Financial Services Authority (or, in either case, any other authority which replaces all or any of its functions) or (b) the requirements of the European Central Bank.
Appears in 1 contract
Samples: VMWH LTD
MANDATORY COST FORMULA. 1. The Mandatory Cost is an addition to the interest rate to compensate Lenders for the cost of compliance with (a) the requirements of the Bank of England and/or the Financial Services Authority (or, in either case, any other authority which replaces all or any of its functions) or ), (b) the requirements of the European Central BankBank or (c) in the case of a Lender lending from a Facility Office in any other jurisdiction, the requirements of any financial regulator with jurisdiction over that Lender (or any other authority which replaces all or any of its functions) (a “Non-EU/UK Regulator”).
Appears in 1 contract
MANDATORY COST FORMULA. 1. The Mandatory Cost is an addition to the interest rate to compensate GIEK Lenders for the cost of compliance with (a) the requirements of the Bank of England and/or the relevant Financial Services Authority (or, in either case, any other authority which replaces all or any of its functions) or (b) the requirements of the European Central Bank.
Appears in 1 contract
MANDATORY COST FORMULA. 1. The Mandatory Cost is an addition to the interest rate to compensate the Lenders for the cost of compliance with (a) the requirements of the Bank of England and/or the Financial Services Authority (or, in either case, any other authority which replaces all or any of its functions) or (b) the requirements of the European Central Bank.
Appears in 1 contract
MANDATORY COST FORMULA. 1. The Mandatory Cost is an addition to the interest rate to compensate Lenders a Lender for the cost of compliance with (a) the requirements of the Bank of England and/or the Financial Services Authority (or, in either case, any other authority which replaces all or any of its functions) or (b) the requirements of the European Central Bank.
Appears in 1 contract
Samples: Credit Agreement (Bunge LTD)
MANDATORY COST FORMULA. 1. The Mandatory Cost (to the extent applicable) is an addition to the interest rate to compensate Lenders the Bank for the cost of compliance with (a) the requirements of the Bank of England and/or the Financial Services Authority (or, in either case, any other authority which replaces all or any of its functions) or (b) the requirements of the European Central Bank).
Appears in 1 contract
Samples: Amendment Agreement (Neogen Corp)
