Common use of Mitigation by the Lenders Clause in Contracts

Mitigation by the Lenders. Mitigation Without in any way limiting the obligations of the Borrowers hereunder, each Finance Party shall, in consultation with the Borrowers, take all reasonable steps for a period of fifteen (15) Business Days to mitigate any circumstances which arise and which would result in any amount becoming payable under or pursuant to, or cancelled pursuant to, any of: Clause 8.2 (Illegality); Clause 13 (Tax gross-up and indemnities); and Clause 14 (Increased Costs), including (but not limited to) transferring its rights and obligations under the Finance Documents to another affiliate.

Mitigation by the Lenders. Mitigation Without in any way limiting the obligations of the Borrowers Borrower hereunder, each Finance Party shall, in consultation with the BorrowersBorrower, take all reasonable steps for a period of fifteen (15) Business Days to mitigate any circumstances which arise and which would result in any amount becoming payable under or pursuant to, or cancelled pursuant to, any of: Clause 8.2 (b) (Illegality); Clause 13 (Tax gross-up and indemnities); and Clause 14 (Increased Costs), including (but not limited to) transferring its rights and obligations under the Finance Documents to another affiliateAffiliate.

Mitigation by the Lenders. Mitigation Without in any way limiting the obligations of the Borrowers hereunder, each Finance Party shall, in consultation with the Borrowers, take all reasonable steps for a period of fifteen (15) Business Days to 38 (38) mitigate any circumstances which arise and which would result in any amount becoming payable under or pursuant to, or cancelled pursuant to, any of: Clause 8.2 (Illegality); Clause 13 (Tax gross-up and indemnities); and Clause 14 (Increased Costs), including (but not limited to) transferring its rights and obligations under the Finance Documents to another affiliate.