Common use of Regulatory Requirements; Additional Costs Clause in Contracts

Regulatory Requirements; Additional Costs. The Obligor shall pay to the Agent from time to time upon demand such amounts as the Issuer determines in its sole discretion is necessary to compensate the Issuer for any costs attributable to the Issuer’s issuing or having outstanding, or any Lender’s participation in, or the Issuer’s making payment under, any Letter of Credit issued at the request of the Obligor resulting from the application of any domestic or foreign law or regulation or the interpretation or administration thereof applicable to the Issuer or any Lender regarding any reserve, assessment, capitalization (including the cost of maintaining capital sufficient to permit issuance of the Letters of Credit, provided the cost attributed to the Letters of Credit is determined in good faith by any reasonable method) or similar requirement whether existing at the time of issuance of any such Letter of Credit or adopted thereafter, including, without limitation, any reduction in amounts receivable hereunder as a result of any change in applicable law, treaty, regulation, policy or directive, or the imposition of any Tax or increase in any existing Tax, applicable to the transactions contemplated hereunder or the commitments of the Issuer and Lenders hereunder.

Regulatory Requirements; Additional Costs. The Each Obligor shall pay to the Agent Lenders from time to time upon demand such amounts as any of the Issuer Lenders determines in its sole discretion is necessary to compensate the Issuer such Lender for any costs attributable to the Issuer’s Issuing Lender's issuing or having outstanding, or any such Lender’s 's participation in, or the Issuer’s such Lender's making payment under, any Letter of Credit issued at the request of the such Obligor resulting from the application of any domestic or foreign law or regulation or the interpretation or administration thereof applicable to the Issuer or any such Lender regarding any reserve, assessment, capitalization (including the cost of maintaining capital sufficient to permit issuance of the Letters of Credit, provided the cost attributed to the Letters of Credit is determined in good faith by any reasonable method) or similar requirement whether existing at the time of issuance of any such Letter of Credit or adopted thereafter, including, without limitation, any reduction in amounts receivable hereunder as a result of any change in applicable law, treaty, regulation, policy or directive, or the imposition of any Tax or increase in any existing Tax, applicable to the transactions contemplated hereunder or the commitments of the Issuer and Lenders hereunder.

Regulatory Requirements; Additional Costs. The Obligor shall pay to the Agent Lender from time to time upon demand such amounts as the Issuer Lender determines in its sole discretion is necessary to compensate the Issuer Lender for any costs attributable to the IssuerLender’s issuing or having outstanding, or any the Lender’s participation in, or the IssuerLender’s making payment under, any Letter of Credit issued at the request of the Obligor resulting from the application of any domestic or foreign law or regulation or the interpretation or administration thereof applicable to the Issuer or any Lender regarding any reserve, assessment, capitalization (including the cost of maintaining capital sufficient to permit issuance of the Letters of Credit, provided the cost attributed to the Letters of Credit is determined in good faith by any reasonable method) or similar requirement whether existing at the time of issuance of any such Letter of Credit or adopted thereafter, including, without limitation, any reduction in amounts receivable hereunder as a result of any change in applicable law, treaty, regulation, policy or directive, or the imposition of any Tax or increase in any existing Tax, applicable to the transactions contemplated hereunder or the commitments commitment of the Issuer and Lenders Lender hereunder.

Regulatory Requirements; Additional Costs. The Each Obligor shall pay to the Agent Lender from time to time upon demand such amounts as the Issuer Lender determines in its sole discretion is necessary to compensate the Issuer Lender for any costs attributable to the Issuer’s Lender's issuing or having outstanding, or any the Lender’s 's participation in, or the Issuer’s Lender's making payment under, any Letter of Credit issued at the request of the such Obligor resulting from the application of any domestic or foreign law or regulation or the interpretation or administration thereof applicable to the Issuer or any Lender regarding any reserve, assessment, capitalization (including the cost of maintaining capital sufficient to permit issuance of the Letters of Credit, provided the cost attributed to the Letters of Credit is determined in good faith by any reasonable method) or similar requirement whether existing at the time of issuance of any such Letter of Credit or adopted thereafter, including, without limitation, any reduction in amounts receivable hereunder as a result of any change in applicable law, treaty, regulation, policy or directive, or the imposition of any Tax or increase in any existing Tax, applicable to the transactions contemplated hereunder or the commitments commitment of the Issuer and Lenders Lender hereunder.