Common use of Mandatory Costs Clause in Contracts

Mandatory Costs. If any Lender or the L/C Issuer incurs any Mandatory Costs attributable to the Obligations, then from time to time the Borrower will pay to such Lender or the L/C Issuer, as the case may be, such Mandatory Costs. Such amount shall be expressed as a percentage rate per annum and shall be payable on the full amount of the applicable Obligations.

Appears in 27 contracts

Samples: Credit Agreement (Powell Industries Inc), Credit Agreement (Powell Industries Inc), Credit Agreement (Irobot Corp)

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Mandatory Costs. If any Lender or the L/C Issuer incurs any Mandatory Costs attributable to the Obligations, then from time to time the Borrower Company will pay (or cause the applicable Designated Borrower to pay) to such Lender or the L/C Issuer, as the case may be, such Mandatory Costs. Such amount shall be expressed as a percentage rate per annum and shall be payable on the full amount of the applicable Obligations.

Appears in 10 contracts

Samples: Syndicated Facility Agreement (Interface Inc), Credit Agreement (Cantel Medical Corp), Credit Agreement (Raven Industries Inc)

Mandatory Costs. If any Lender or the any L/C Issuer incurs any Mandatory Costs attributable to the Obligations, then from time to time the Borrower Company will pay (or cause the applicable Designated Borrower to pay) to such Lender or the such L/C Issuer, as the case may be, such Mandatory Costs. Such amount shall be expressed as a percentage rate per annum and shall be payable on the full amount of the applicable Obligations.

Appears in 6 contracts

Samples: Credit Agreement (Revvity, Inc.), Credit Agreement (Workday, Inc.), Credit Agreement (Perkinelmer Inc)

Mandatory Costs. If any Lender or the L/C Issuer incurs any Mandatory Costs attributable to the Obligations, then from time to time the Borrower Company will pay to such Lender or the L/C Issuer, as the case may be, such Mandatory Costs. Such amount shall be expressed as a percentage rate per annum and shall be payable on the full amount of the applicable Obligations.

Appears in 6 contracts

Samples: Credit Agreement (Core Laboratories N V), Credit Agreement (Raven Industries Inc), Credit Agreement (American Vanguard Corp)

Mandatory Costs. If any Lender or the L/C Issuer incurs any Mandatory Costs attributable to the Obligations, then from time to time the Borrower Borrowers will pay to such Lender or the L/C Issuer, as the case may be, such Mandatory Costs. Such amount shall be expressed as a percentage rate per annum and shall be payable on the full amount of the applicable Obligations.

Appears in 5 contracts

Samples: Credit Agreement (Ichor Holdings, Ltd.), Credit Agreement (Ichor Holdings, Ltd.), Credit Agreement (Ichor Holdings, Ltd.)

Mandatory Costs. If any Lender or the L/C Issuer incurs any Mandatory Costs attributable to the Obligations, then from time to time the Borrower Company will pay (or cause the applicable Designated Borrower to pay) to such Lender or the L/C Issuer, as the case may be, such Mandatory Costs. Such amount shall be expressed as a percentage rate per annum and shall be payable on the full amount of the applicable Obligations.

Appears in 4 contracts

Samples: Credit Agreement (Benchmark Electronics Inc), Credit Agreement (Benchmark Electronics Inc), Credit Agreement (Benchmark Electronics Inc)

Mandatory Costs. If any Lender or the L/C Issuer incurs any Mandatory Costs attributable to the Obligations, then from time to time the Borrower Company will pay (or cause the applicable Borrower to pay) to such Lender or the L/C Issuer, as the case may be, such Mandatory Costs. Such amount shall be expressed as a percentage rate per annum and shall be payable on the full amount of the applicable Obligations.

Appears in 3 contracts

Samples: Credit Agreement (GENTHERM Inc), Credit Agreement (GENTHERM Inc), Credit Agreement (GENTHERM Inc)

Mandatory Costs. If any Lender or the any L/C Issuer incurs any Mandatory Costs attributable to the Obligations, then from time to time the Borrower will pay to such Lender or the such L/C Issuer, as the case may be, such Mandatory Costs. Such amount shall be expressed as a percentage rate per annum and shall be payable on the full amount of the applicable Obligations.

Appears in 3 contracts

Samples: Credit Agreement (Cambium Networks Corp), Credit Agreement (Cambium Networks Corp), Credit Agreement (Cambium Networks Corp)

Mandatory Costs. If any Lender or the any L/C Issuer incurs any Mandatory Costs attributable to the Obligations, then from time to time the Borrower Company will pay (or cause the applicable Designated Borrower to pay) to such Lender or the such L/C Issuer, as the case may be, such Mandatory Costs. Such amount shall be expressed as a percentage rate per annum and shall be payable on the full amount of the applicable ObligationsObligations giving rise to such Mandatory Costs.

Appears in 3 contracts

Samples: Credit Agreement (Morningstar, Inc.), Credit Agreement (Morningstar, Inc.), Credit Agreement (Morningstar, Inc.)

Mandatory Costs. If any Lender or the any L/C Issuer incurs any Mandatory Costs attributable to the Obligations, then from time to time the Borrower Company will pay (or cause the applicable Borrower to pay) to such Lender or the such L/C Issuer, as the case may be, such Mandatory Costs. Such amount shall be expressed as a percentage rate per annum and shall be payable on the full amount of the applicable Obligations.

Appears in 2 contracts

Samples: Credit Agreement (Commercial Metals Co), Credit Agreement (Commercial Metals Co)

Mandatory Costs. If any Lender or the L/C Issuer incurs any Mandatory Costs attributable to the Obligations, then from time to time the Borrower applicable Borrowers will pay (or cause the applicable Designated Borrower to pay) to such Lender or the L/C Issuer, as the case may be, such Mandatory Costs. Such amount shall be expressed as a percentage rate per annum and shall be payable on the full amount of the applicable Obligations.

Appears in 2 contracts

Samples: Credit Agreement (Movado Group Inc), Credit Agreement (Movado Group Inc)

Mandatory Costs. If any Lender or the any L/C Issuer incurs any Mandatory Costs attributable to the Obligations, then from time to time the Borrower will pay to such Lender or the such L/C Issuer, as the case may be, such Mandatory Costs. Such amount shall be expressed as a percentage rate per annum and shall be payable on the full amount of the applicable Obligations.. (d)

Appears in 2 contracts

Samples: Credit Agreement (Atlassian Corp), Credit Agreement (Atlassian Corp PLC)

Mandatory Costs. If any Lender or the L/C Issuer incurs any Mandatory Costs attributable to the Obligations, then from time to time the Domestic Borrower will pay (or cause the Foreign Borrower to pay) to such Lender or the L/C Issuer, as the case may be, such Mandatory Costs. Such amount shall be expressed as a percentage rate per annum and shall be payable on the full amount of the applicable Obligations.

Appears in 2 contracts

Samples: Credit Agreement (Diodes Inc /Del/), Credit Agreement (Diodes Inc /Del/)

Mandatory Costs. If any Lender or the L/C Issuer incurs any Mandatory Costs attributable to the Obligations, then from time to time the Borrower Company will pay (or cause the applicable Designated Borrower to pay) to such Lender or the L/C Issuer, as the case may be, such Mandatory Costs. Such amount shall be expressed as a percentage rate per annum and shall be payable on the full amount of the applicable Obligations."

Appears in 1 contract

Samples: Credit Agreement (Curtiss Wright Corp)

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Mandatory Costs. If any Lender or the L/C Issuer incurs any Mandatory Costs attributable to the Obligations, then upon written notice from time to time the Borrower such Lender, Adtalem will pay (or cause the applicable Designated Borrower to pay) to such Lender or the L/C Issuer, as the case may be, such Mandatory Costs on each date that interest is required to be paid on the Loans so long as such Lender incurs such Mandatory Costs. Such amount shall be expressed as a percentage rate per annum and shall be payable on the full amount of the applicable Obligations.

Appears in 1 contract

Samples: Credit Agreement (Adtalem Global Education Inc.)

Mandatory Costs. If any Lender or the L/C Issuer incurs any Mandatory Costs attributable to the Obligations, then from time to time the Borrower Parent will pay (or cause the applicable Foreign Borrower to pay) to such Lender or the L/C Issuer, as the case may be, such Mandatory Costs. Such amount shall be expressed as a percentage rate per annum and shall be payable on the full amount of the applicable Obligations.

Appears in 1 contract

Samples: Credit Agreement (Balchem Corp)

Mandatory Costs. If any Lender or Lender, the L/C Issuer or the Underlying Issuer incurs any Mandatory Costs attributable to the Obligations, then from time then, promptly following notice thereof to time the Borrower, the Borrower will pay to such Lender or Lender, the L/C Issuer or the Underlying Issuer, as the case may be, such Mandatory Costs. Such amount shall be expressed as a percentage rate per annum and shall be payable on the full amount of the applicable Obligations.. (d)

Appears in 1 contract

Samples: Execution Copy Credit Agreement (Babcock & Wilcox Enterprises, Inc.)

Mandatory Costs. If any Lender or the any L/C Issuer incurs any Mandatory Costs attributable to the Obligations, then from time to time the Borrower Company will pay (or cause the applicable Borrower to pay) to such Lender or the such L/C Issuer, as the case may be, such Mandatory Costs. Such amount shall be expressed as a percentage rate per annum and shall be payable on the full amount of the applicable Obligations.

Appears in 1 contract

Samples: Credit Agreement (COMMERCIAL METALS Co)

Mandatory Costs. If any Lender or the any L/C Issuer incurs any Mandatory Costs attributable to the ObligationsBorrower, then from time to time the Borrower Company will pay (or cause the applicable Designated Borrower to pay) to such Lender or the such L/C Issuer, as the case may be, such Mandatory Costs. Such amount shall be expressed as a percentage rate per annum and shall be payable on the full amount of the applicable ObligationsObligations giving rise to such Mandatory Costs.

Appears in 1 contract

Samples: Credit Agreement (Morningstar, Inc.)

Mandatory Costs. If any Lender or the any L/C Issuer incurs any Mandatory Costs attributable to the Obligations, then from time to time the Borrower Company will pay (or cause Acuity or the applicable Designated Borrower to pay) to such Lender or the such L/C Issuer, as the case may be, such Mandatory Costs. Such amount shall be expressed as a percentage rate per annum and shall be payable on the full amount of the applicable Obligations.

Appears in 1 contract

Samples: Credit Agreement (Zep Inc.)

Mandatory Costs. If any Lender or the L/C Issuer incurs any Mandatory Costs attributable to the Obligations, then from time to time the Borrower Company will pay (or cause the applicable Designated Borrower to pay) to such Lender or the L/C Issuer, as the case may be, such Mandatory Costs. Such amount shall be expressed as a percentage rate per annum and shall be payable on the full amount of the applicable ObligationsObligations of such Lender or L/C Issuer.

Appears in 1 contract

Samples: Credit Agreement (Methode Electronics Inc)

Mandatory Costs. If any Lender or the L/C Issuer incurs any Mandatory Costs directly attributable to the ObligationsObligations held by such Lender or L/C Issuer, then from time to time the Borrower Company will pay (or cause the applicable Designated Borrower to pay) to such Lender or the L/C Issuer, as the case may be, such Mandatory Costs. Such amount shall be expressed as a percentage rate per annum and shall be payable on the full amount of the applicable ObligationsObligations held by such Lender or L/C Issuer.

Appears in 1 contract

Samples: Credit Agreement (Wiley John & Sons, Inc.)

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