Common use of Notice of Changes or Increased Costs Relating to LIBO Rate Tranches Clause in Contracts

Notice of Changes or Increased Costs Relating to LIBO Rate Tranches. Lender agrees that, as promptly as reasonably practicable after it becomes aware of the occurrence of an event or the existence of a condition which would cause it to be affected by any of the events or conditions described in this Section 2.7, it will notify Borrower of such event and the possible effects thereof, provided that the failure to provide such notice shall not affect Lender’s rights to reimbursement provided for herein.

Appears in 3 contracts

Samples: Loan Agreement (National Penn Bancshares Inc), Loan and Subordinated Debenture Purchase Agreement (Centrue Financial Corp), Subordinated Debenture Purchase Agreement (Park National Corp /Oh/)

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Notice of Changes or Increased Costs Relating to LIBO Rate Tranches. Lender agrees that, as promptly as reasonably practicable after it becomes aware of the occurrence of an event or the existence of a condition which would cause it to be affected by any of the events or conditions described in this Section 2.7Sections 2.5 or 2.6 hereof or, it will notify Borrower of such event and the possible effects thereof, provided that the failure to provide such notice shall not affect Lender’s rights to reimbursement provided for herein.

Appears in 2 contracts

Samples: Agreed Upon Terms and Procedures (German American Bancorp, Inc.), Loan Agreement (German American Bancorp, Inc.)

Notice of Changes or Increased Costs Relating to LIBO Rate Tranches. Lender agrees that, as promptly as reasonably practicable after it becomes aware of the occurrence of an event or the existence of a condition which that would cause it to be affected by any of the events or conditions described in this Section 2.72.5, it will notify Borrower of such event and the possible effects thereof, provided that the failure to provide such notice shall not affect Lender’s rights to reimbursement as provided for herein.

Appears in 2 contracts

Samples: Loan Agreement (German American Bancorp, Inc.), Loan Agreement (Mainsource Financial Group)

Notice of Changes or Increased Costs Relating to LIBO Rate Tranches. Lender agrees that, as promptly as reasonably practicable after it becomes aware of the occurrence of an event or the existence of a condition which would cause it to be affected by any of the events or conditions described in this Section 2.7Sections 2.5 or 2.6 hereof, it will notify Borrower of such event and the possible effects thereof, provided that the failure to provide such notice shall not affect Lender’s rights to reimbursement provided for herein.

Appears in 1 contract

Samples: Agreed Upon Terms and Procedures (Old Second Bancorp Inc)

Notice of Changes or Increased Costs Relating to LIBO Rate Tranches. Lender agrees that, as promptly as reasonably practicable after it becomes aware of the occurrence of an event or the existence of a condition which that would cause it to be affected by any of the events or conditions described in this Section 2.72.5, it will notify Borrower of such event and the possible effects thereof, provided that the failure to provide such notice shall not affect Lender’s 's rights to reimbursement as provided for herein.

Appears in 1 contract

Samples: Loan Agreement (Peoples Bancorp Inc)

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Notice of Changes or Increased Costs Relating to LIBO Rate Tranches. Lender agrees that, as promptly as reasonably practicable after it becomes aware of the occurrence of an event or the existence of a condition which that would cause it to be affected by any of the events or conditions described in this Section 2.7, it will notify Borrower of such event and the possible effects thereof, provided that the failure to provide such notice shall not affect Lender’s rights to reimbursement provided for herein.

Appears in 1 contract

Samples: Loan Agreement (Pinnacle Financial Partners Inc)

Notice of Changes or Increased Costs Relating to LIBO Rate Tranches. Lender agrees that, as promptly as reasonably practicable after it becomes aware of the occurrence of an event or the existence of a condition which would cause it to be affected by any of the events or conditions described in this Section 2.7, it will notify Borrower of such event and the possible effects thereof, provided that the failure to provide such notice shall not affect Lender’s 's rights to reimbursement provided for herein.

Appears in 1 contract

Samples: Subordinated Note Purchase Agreement (East West Bancorp Inc)

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