Common use of Regulatory Change Clause in Contracts

Regulatory Change. In the event that by reason of any Regulatory Change, the Lenders (a) incur Additional Costs based on or measured by the excess above a specified level of the amount of a category of deposits or other liabilities of the Lenders which includes deposits by reference to which the interest rate on any LIBO Rate Loan is determined as provided in this Agreement or a category of extensions of credit or other assets of such Lenders which includes any LIBO Rate Loan, or (b) becomes subject to restrictions on the amount of such a category of liabilities or assets which it may hold, then, at the election of the Lenders with notice to the Borrower, the obligation of the Lenders to make such LIBO Rate Loans and to convert Floating Rate Loans into such LIBO Rate Loans shall be suspended until such time as such Regulatory Change ceases to be in effect, and all such outstanding LIBO Rate Loans shall be converted into Floating Rate Loans in accordance with Section 2.11.

Regulatory Change. In the event that by reason of any Regulatory Change, the Lenders Lender (a) incur Additional Costs based on or measured by the excess above a specified level of the amount of a category of deposits or other liabilities of the Lenders Lender which includes deposits by reference to which the interest rate on any LIBO Fixed Rate Loan is determined as provided in this Agreement or a category of extensions of credit or other assets of such Lenders Lender which includes any LIBO Fixed Rate Loan, or (b) becomes subject to restrictions on the amount of such a category of liabilities or assets which it may hold, then, at the election of the Lenders Lender with notice to the Borrower, the obligation of the Lenders Lender to make such LIBO Fixed Rate Loans and to convert Floating Rate Loans into such LIBO Fixed Rate Loans shall be suspended until such time as such Regulatory Change ceases to be in effect, and all such outstanding LIBO Fixed Rate Loans shall be converted into Floating Rate Loans in accordance with Section 2.112.13.

Regulatory Change. In the event that by reason of any Regulatory Change, the Lenders Lender (a) incur incurs Additional Costs based on or measured by the excess above a specified level of the amount of a category of deposits or other liabilities of the Lenders Lender which includes deposits by reference to which the interest rate on any LIBO Rate Loan is determined as provided in this Credit Agreement or a category of extensions of credit or other assets of such Lenders Lender which includes any LIBO Rate Loan, or (b) becomes subject to restrictions on the amount of such a category of liabilities or assets which it may hold, then, at the election of the Lenders Lender with notice to the Borrower, the obligation of the Lenders Lender to make such LIBO Rate Loans and to convert Floating Rate Loans into such LIBO Rate Loans shall be suspended until such time as such Regulatory Change ceases to be in effect, and all such outstanding LIBO Rate Loans shall be converted into Floating Rate Loans in accordance with Section 2.112.10.

Regulatory Change. In the event that by reason of any Regulatory Change, the Lenders Lender (a) incur Additional Costs based on or measured by the excess above a specified level of the amount of a category of deposits or other liabilities of the Lenders Lender which includes deposits by reference to which the interest rate on any LIBO Rate Loan is determined as provided in this Agreement or a category of extensions of credit or other assets of such Lenders Lender which includes any LIBO Rate Loan, or (b) becomes subject to restrictions on the amount of such a category of liabilities or assets which it may hold, then, at the election of the Lenders Lender with notice to the Borrower, the obligation of the Lenders Lender to make such LIBO Rate Loans and to convert Floating Rate Loans into such LIBO Rate Loans shall be suspended until such time as such Regulatory Change ceases to be in effect, and all such outstanding LIBO Rate Loans shall be converted into Floating Rate Loans in accordance with Section 2.112.10.

Regulatory Change. In the event that by reason of any Regulatory Change, the Lenders (a) incur Additional Costs based on or measured by the excess above a specified level of the amount of a category of deposits or other liabilities of the Lenders which includes deposits by reference to which the interest rate on any LIBO Rate Loan is determined as provided in this Agreement or a category of extensions of credit or other assets of such Lenders which includes any LIBO Rate Loan, or (b) becomes subject to restrictions on the amount of such a category of liabilities or assets which it may hold, then, at the election of the Lenders Agent with notice to the Borrower, the obligation of the Lenders to make such LIBO Rate Loans and to convert Floating Rate Loans into such LIBO Rate Loans shall be suspended until such time as such Regulatory Change ceases to be in effect, and all such outstanding LIBO Rate Loans shall be converted into Floating Rate Loans in accordance with Section 2.11.

Regulatory Change. In the event that by reason of any Regulatory Change, the Lenders any Lender (a) incur incurs Additional Costs based on or measured by the excess above a specified level of the amount of a category of deposits or other liabilities of the Lenders such Lender which includes deposits by reference to which the interest rate on any LIBO Rate Loan is determined as provided in this Agreement or a category of extensions of credit or other assets of such Lenders Lender which includes any LIBO Rate Loan, or (b) becomes subject to restrictions on the amount of such a category of liabilities or assets which it may hold, then, at the election of the Lenders such Lender with notice to the Borrower, the obligation of the Lenders such Lender to make such LIBO Rate Loans and to convert Floating Rate Loans into such LIBO Rate Loans shall be suspended until such time as such Regulatory Change ceases to be in effect, and all such outstanding LIBO Rate Loans shall be converted into Floating Rate Loans in accordance with Section 2.11.

Regulatory Change. In the event that by reason of any Regulatory ----------------- Change, the Lenders (a) incur Additional Costs based on or measured by the excess above a specified level of the amount of a category of deposits or other liabilities of the Lenders which includes deposits by reference to which the interest rate on any LIBO Rate Loan is determined as provided in this Agreement or a category of extensions of credit or other assets of such Lenders which includes any LIBO Rate Loan, or (b) becomes subject to restrictions on the amount of such a category of liabilities or assets which it may hold, then, at the election of the Lenders with notice to the Borrower, the obligation of the Lenders to make such LIBO Rate Loans and to convert Floating Rate Loans into such LIBO Rate Loans shall be suspended until such time as such Regulatory Change ceases to be in effect, and all such outstanding LIBO Rate Loans shall be converted into Floating Rate Loans in accordance with Section 2.11.

Regulatory Change. In the event that by reason of any Regulatory Change, the Lenders Lender (a) incur incurs Additional Costs based on or measured by the excess above a specified level of the amount of a category of deposits or other liabilities of the Lenders Lender which includes deposits by reference to which the interest rate on any LIBO Fixed Rate Loan is determined as provided in this Agreement or a category of extensions of credit or other assets of such Lenders Lender which includes any LIBO Fixed Rate Loan, or (b) becomes subject to restrictions on the amount of such a category of liabilities or assets which it may hold, then, at the election of the Lenders Lender with notice to the Borrower, the obligation of the Lenders Lender to make such LIBO Fixed Rate Loans and to convert Floating Rate Loans into such LIBO Fixed Rate Loans shall be suspended until such time as such Regulatory Change ceases to be in effect, and all such outstanding LIBO Fixed Rate Loans shall be converted into Floating Rate Loans in accordance with Section 2.112.10.