Common use of Payments to Ex-Im Bank Clause in Contracts

Payments to Ex-Im Bank. (i) Notwithstanding Section 2.04(a), the Lender shall require that, if Ex-Im Bank shall have made a claim payment to the Lender with respect to any Floating Rate Note, then beginning on the date of such claim payment, Special LIBOR shall apply to each such Floating Rate Note (in place of the Reference Rate contained in each such Floating Rate Note) for all purposes and each such Floating Rate Note shall bear interest at a rate equal to the greater of (A) Special LIBOR and (B) Special LIBOR plus the Margin.

Payments to Ex-Im Bank. (i) Notwithstanding Section 2.04(a), the Lender shall require that, if Ex-Im Bank shall have made a claim payment to the Lender with respect to any Floating Rate Note, then then, beginning on the date of such claim payment, Special LIBOR shall apply to each such Floating Rate Note (in place of the Reference Rate contained in each such Floating Rate Note) Notes for all purposes and each such Floating Rate Note shall bear interest at a rate equal to the greater of (A) Special LIBOR and (B) Special LIBOR plus the Margin.

Payments to Ex-Im Bank. (i) Notwithstanding Section 2.04(a), the Lender shall require that, if Ex-Im Bank shall have made a claim payment to the Lender with respect to any Floating Rate NoteDebt Document, then then, beginning on the date of such claim payment, Special LIBOR shall apply to each such Floating Rate Note (Debt Document in place of the Reference Rate contained in each such Floating Rate Note) Debt Document for all purposes and each such Floating Rate Note Debt Document thereafter shall bear interest at a rate equal to the greater of (Ai) Special LIBOR and (Bii) Special LIBOR plus the Margin.