Common use of Mandatory Cost Clause in Contracts

Mandatory Cost. 1. The Mandatory Cost (to the extent applicable) is an addition to the interest rate to compensate Lenders for the cost of compliance with:

Appears in 4 contracts

Samples: Abl Credit Agreement (Lands End Inc), Syndicated Facility Agreement (Genuine Parts Co), Credit Agreement (Hcp, Inc.)

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Mandatory Cost. 1. The Mandatory Cost (to the extent applicable) is an addition to the interest rate to compensate Lenders for the cost of compliance with:with (a) the requirements of the Financial Services Authority (or 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: Loan Agreement (Exmar Energy Partners LP), Loan Agreement (Exmar Energy Partners LP)

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