Common use of Mandatory Costs Clause in Contracts

Mandatory Costs. 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 25 contracts

Samples: Loan Agreement (Norwegian Cruise Line Holdings Ltd.), Loan Agreement (Norwegian Cruise Line Holdings Ltd.), Loan Agreement (Norwegian Cruise Line Holdings Ltd.)

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Mandatory Costs. 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 Conduct Authority and/or the Prudential Regulation Authority (or, in either any case, any other authority which replaces all or any of its functions) or (b) the requirements of the European Central Bank.

Appears in 3 contracts

Samples: Loan Agreement (Norwegian Cruise Line Holdings Ltd.), Supplemental Deed (Norwegian Cruise Line Holdings Ltd.), Credit Agreement (Norwegian Cruise Line Holdings Ltd.)

Mandatory Costs. 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 2 contracts

Samples: Facility Agreement (Navios Maritime Holdings Inc.), Facility Agreement (Navios Maritime Partners L.P.)

Mandatory Costs. The Mandatory Cost is an addition to the interest rate to compensate Lenders Banks 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: Revolving Credit Agreement (Alstom), Revolving Credit Agreement (Alstom)

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Mandatory Costs. The Mandatory Cost is an addition to the interest rate to compensate Lenders 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: Facility Agreement (Strategic Hotels & Resorts, Inc)

Mandatory Costs. The Mandatory Cost is an addition to the interest rate to compensate Lenders Banks for the cost of compliance with (a) the requirements of the European Central 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 Bankother applicable regulatory or central bank requirements.

Appears in 1 contract

Samples: Revolving Credit Facility Agreement (Alstom)

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