Common use of Reduction in Rate of Return Clause in Contracts

Reduction in Rate of Return. If at any time any Lender determines, acting reasonably, that any change in any Applicable Law or any interpretation thereof after the date of this Agreement, or compliance by the Lender with any direction, requirement, guidelines or policies or request from any regulatory authority given after the date of this Agreement, whether or not having the force of law, has or would have, as a consequence of a Lender’s obligation under this Agreement, and taking into consideration the Lender’s policies with respect to capital adequacy, the effect of reducing the rate of return on the Lender’s capital to a level below that which the Lender would have achieved but for the change or compliance, then from time to time, upon

Appears in 1 contract

Samples: Credit Agreement (Tricon Residential Inc.)

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Reduction in Rate of Return. If at any time any Lender determines, acting reasonably, that any change in any Applicable Law or any interpretation thereof after the date of this Agreement, or compliance by the Lender with any direction, requirement, guidelines or policies or request from any regulatory authority given after the date of this Agreement, whether or not having the force of law, has or would have, as a consequence of a Lender’s obligation under this Agreement, and taking into consideration the Lender’s policies with respect to capital adequacy, the effect of reducing the rate of return on the Lender’s capital to a level below that which the Lender would have achieved but for the change or compliance, then from time to time, uponupon demand of the Lender, the Borrower shall pay the Lender such additional amounts as will compensate the Lender for the reduction.

Appears in 1 contract

Samples: Credit Agreement (Quest Capital Corp)

Reduction in Rate of Return. If at any time any Lender determines, acting reasonably, that any change in any Applicable Law Government Rule or any interpretation thereof after the date of this Agreement, or compliance by the Lender with any direction, requirement, guidelines or policies or request from any regulatory authority given after the date of this Agreement, whether or not having the force of law, has or would have, as a consequence of a Lender’s 's obligation under this Agreement, and taking into consideration the Lender’s 's policies with respect to capital adequacy, the effect of reducing the rate of return on the Lender’s 's capital to a level below that which the Lender would have achieved but for the change or compliance, then from time to time, uponupon demand of the Lender, the Borrower shall pay the Lender such additional amounts as will compensate the Lender for the reduction in accordance with Section 4.1(3).

Appears in 1 contract

Samples: Credit and Guarantee Agreement (Kaiser Francis Oil Co)

Reduction in Rate of Return. If at any time any the Lender determines, acting reasonably, that any change in any Applicable Law or any interpretation thereof after the date of this Agreement, or compliance by the Lender with any direction, requirement, guidelines or policies or request from any regulatory authority given after the date of this Agreement, whether or not having the force of law, has or would have, as a consequence of a the Lender’s obligation under this Agreement, and taking into consideration the Lender’s policies with respect to capital adequacy, the effect of reducing the rate of return on the Lender’s capital to a level below that which the Lender would have achieved but for the change or compliance, then from time to time, uponupon demand of the Lender, the Borrower shall pay the Lender such additional amounts as will compensate the Lender for the reduction.

Appears in 1 contract

Samples: Loan Agreement (Quantum Fuel Systems Technologies Worldwide Inc)

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Reduction in Rate of Return. If at any time any the Lender determines, acting reasonably, that any change in any Applicable Law or any interpretation thereof after the date of this Agreement, or compliance by the Lender with any direction, requirement, guidelines or policies or request from any regulatory authority given after the date of this Agreement, whether or not having the force of law, has or would have, as a consequence of a the Lender’s 's obligation under this Agreement, and taking into consideration the Lender’s 's policies with respect to capital adequacy, the effect of reducing the rate of return on the Lender’s 's capital to a level below that which the Lender would have achieved but for the change or compliance, then from time to time, uponupon demand of the Lender, the Borrower shall pay the Lender such additional amounts as will compensate the Lender for the reduction.

Appears in 1 contract

Samples: Loan Agreement (Starcraft Corp /In/)

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