Common use of Payments Not at End of Interest Period Clause in Contracts

Payments Not at End of Interest Period. If the Borrower makes any payment of principal with respect to any Eurodollar Loan on any day other than the last day of the Interest Period applicable to such Eurodollar Loan, then Borrower shall reimburse the Bank on demand for any loss, cost or expense incurred by the Bank as a result of the timing of such payment or in redepositing such principal amount, including the sum of (i) the cost of funds to the Bank in respect of such principal amount so paid, for the remainder of the Interest Period applicable to such sum, reduced, if the Bank is able to redeposit such principal amount so paid for the balance of the Interest Period, by the interest earned by Bank as a result of so redepositing such principal amount, plus (ii) any expense or penalty incurred by the Bank in redepositing such principal amount. A certificate of Bank setting forth the basis for the determination of the amount owed by Borrower pursuant to this Section 5(g) shall be delivered to the Borrower and shall be conclusive in the absence of manifest error.

Payments Not at End of Interest Period. If the Borrower makes any payment of principal with respect to any Eurodollar Loan on any day other than the last day of the Interest Period applicable to such Eurodollar Loan, then Borrower shall reimburse the Bank Banks on demand for any loss, cost or expense incurred by the Bank Banks as a result of the timing of such payment or in redepositing such principal amount, including the sum of (i) the cost of funds to the Bank Banks in respect of such principal amount so paid, for the remainder of the Interest Period applicable to such sum, reduced, if the any Bank is able to redeposit such principal amount so paid for the balance of the Interest Period, by the interest earned by such Bank as a result of so redepositing such principal amount, plus (ii) any expense or penalty incurred by the Bank in redepositing such principal amount. A certificate of any Bank setting forth the basis for the determination of the amount owed by Borrower pursuant to this Section 5(g5(f) shall be delivered to the Borrower and shall be conclusive in the absence of manifest error.

Payments Not at End of Interest Period. If the Borrower makes any payment of principal with respect to any Eurodollar Loan on any day other than the last day of the Interest Period applicable to such Eurodollar Loan, then Borrower shall reimburse the Bank Banks on demand for any loss, cost or expense incurred by the Bank Banks as a result of the timing of such payment or in redepositing such principal amount, including the sum of (i) the cost of funds to the Bank Banks in respect of such principal amount so paid, for the remainder of the Interest Period applicable to such sum, reduced, if the any Bank is able to redeposit such principal amount so paid for the balance of the Interest Period, by the interest earned by such Bank as a result of so redepositing such principal amount, plus (ii) any expense or penalty incurred by the Bank in redepositing such principal amount. A certificate of any Bank setting forth the basis for the determination of the amount owed by Borrower pursuant to this Section 5(g) shall be delivered to the Borrower and shall be conclusive in the absence of manifest error.

Payments Not at End of Interest Period. If the Borrower makes make any payment of principal with respect to any Eurodollar Loan on any day other than the last day of the Interest Period applicable to such Eurodollar Loan, then Borrower shall reimburse the Bank Banks on demand for any loss, cost or expense incurred by the Bank Banks as a result of the timing of such payment or in redepositing such principal amount, including the sum of (i) the cost of funds to the Bank Banks in respect of such principal amount so paid, for the remainder of the Interest Period applicable to such sum, reduced, if the Bank is Banks are able to redeposit such principal amount so paid for the balance of the Interest Period, by the interest earned by Bank Banks as a result of so redepositing such principal amount, plus (ii) any expense or penalty incurred by the Bank Banks in redepositing such principal amount. A certificate of any Bank setting forth the basis for the determination of the amount owed by Borrower pursuant to this Section 5(g) shall be delivered to the Borrower and shall be conclusive in the absence of manifest error.

Payments Not at End of Interest Period. If the Borrower makes Borrowers make any payment of principal with respect to any Eurodollar Loan on any day other than the last day of the Interest Period applicable to such Eurodollar Loan, then Borrower Borrowers shall reimburse the Bank Banks on demand for any loss, cost or expense incurred by the Bank Banks as a result of the timing of such payment or in redepositing such principal amount, including the sum of (i) the cost of funds to the Bank Banks in respect of such principal amount so paid, for the remainder of the Interest Period applicable to such sum, reduced, if the any Bank is able to redeposit such principal amount so paid for the balance of the Interest Period, by the interest earned by such Bank as a result of so redepositing such principal amount, plus (ii) any expense or penalty incurred by the Bank in redepositing such principal amount. A certificate of any Bank setting forth the basis for the determination of the amount owed by Borrower Borrowers pursuant to this Section 5(g5(f) shall be delivered to the Borrower Borrowers and shall be conclusive in the absence of manifest error.

Payments Not at End of Interest Period. If the Borrower makes make any payment of principal with respect to any Eurodollar Loan on any day other than the last day of the Interest Period applicable to such Eurodollar Loan, then Borrower shall reimburse the Bank on demand for any loss, cost or expense incurred by the Bank as a result of the timing of such payment or in redepositing such principal amount, including the sum of (i) the cost of funds to the Bank in respect of such principal amount so paid, for the remainder of the Interest Period applicable to such sum, reduced, if the Bank is able to redeposit such principal amount so paid for the balance of the Interest Period, by the interest earned by Bank as a result of so redepositing such principal amount, plus (ii) any expense or penalty incurred by the Bank in redepositing such principal amount. A certificate of Bank setting forth the basis for the determination of the amount owed by Borrower pursuant to this Section 5(g) shall be delivered to the Borrower and shall be conclusive in the absence of manifest error.

Payments Not at End of Interest Period. If the Borrower makes make any payment of principal with respect to any Eurodollar Fixed Rate Loan on any day other than the last day of the Interest Period applicable to such Eurodollar Fixed Rate Loan, then Borrower shall reimburse the Bank on demand for any loss, cost or expense incurred by the Bank as a result of the timing of such payment or in redepositing such principal amount, including the sum of (i) the cost of funds to the Bank in respect of such principal amount so paid, for the remainder of the Interest Period applicable to such sum, reduced, if the Bank is able to redeposit such principal amount so paid for the balance of the Interest Period, by the interest earned by Bank as a result of so redepositing such principal amount, plus (ii) any expense or penalty incurred by the Bank in redepositing such principal amount. A certificate of Bank setting forth the basis for the determination of the amount owed by Borrower pursuant to this Section 5(g) shall be delivered to the Borrower and shall be conclusive in the absence of manifest error.