Miscellaneous Additional Compensation to Agent and Banks Sample Clauses

Miscellaneous Additional Compensation to Agent and Banks. In addition to, and not in lieu of, any other provisions of this Agreement, if at any time after the date hereof, and from time to time, Agent or any of the Banks determine that the adoption or modification of any applicable law, rule or regulation regarding taxation, the Banks' required levels of reserves, deposits, insurance or capital (including any allocation of capital requirements or conditions), or similar requirements, or any interpretation or administration thereof by any governmental authority, central bank or comparable agency charged with the interpretation, administration or compliance of any of the Banks with any of such requirements, has or would have the effect of (a) increasing any of the Banks' costs relating to the Obligation hereunder, or (b) reducing the yield or rate of return of any of the Banks on the Obligation hereunder, to a level below that which such Bank or Banks could have achieved but for the adoption or modification of any such requirements, the Borrowers shall, within 15 days of any request by Agent, pay to the Bank(s) such additional amounts as (in the Bank's or Banks' sole judgment, after good faith and reasonable computation) will compensate the Bank(s) for such increase in costs or reduction in yield or rate of return of such Bank(s). No failure by any Bank to immediately demand payment of any additional amounts payable hereunder shall constitute a waiver of any Bank's rights to demand payment of such amounts at any subsequent time. Nothing herein contained shall be construed or so operate as to require either Borrower to pay any interest, fees, costs or charges greater than is permitted by applicable law.
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Related to Miscellaneous Additional Compensation to Agent and Banks

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