Common use of Mandatory Cost Clause in Contracts

Mandatory Cost. The Borrowers shall, on demand by the Agent, pay to the Agent for the account of the relevant Lender, such amount which any Lender certifies in a notice to the Agent to be its good faith determination of the amount necessary to compensate it for complying with:

Appears in 8 contracts

Samples: Loan Agreement, Loan Agreement (Global Ship Lease, Inc.), Loan Agreement (Global Ship Lease, Inc.)

AutoNDA by SimpleDocs

Mandatory Cost. The Borrowers Borrower shall, on demand by the Agent, pay to the Agent for the account of the relevant Lender, such amount which any Lender certifies in a notice to the Agent to be its good faith determination of the amount necessary to compensate it for complying with:

Appears in 5 contracts

Samples: Loan Agreement (Capital Product Partners L.P.), Loan Agreement (Capital Product Partners L.P.), Agreement (KNOT Offshore Partners LP)

Mandatory Cost. The Borrowers Each Borrower shall, on demand by the Agent, pay to the Agent for the account of the relevant Lender, such amount which any Lender certifies in a notice to the Agent to be its good faith determination of the amount necessary to compensate it for complying with:

Appears in 2 contracts

Samples: Agreement (Diana Shipping Inc.), Agreement (Scorpio Bulkers Inc.)

AutoNDA by SimpleDocs

Mandatory Cost. The Borrowers Each Borrower shall, on demand by the Agent, pay to the Agent for the account of the relevant Lender, such amount which any Lender certifies in a notice to the Agent to be its good faith determination of the amount necessary to compensate it for complying with:

Appears in 1 contract

Samples: Diana Shipping Inc.

Time is Money Join Law Insider Premium to draft better contracts faster.