Common use of Reimbursement by Other FHLBs Clause in Contracts

Reimbursement by Other FHLBs. If, during any Term of this Agreement, other FHLBs adopt any Customized Enhancements paid for by the Pittsburgh Bank, the Pittsburgh Bank will be reimbursed for a portion of the development costs of such Customized Enhancements in accordance with the following formula: RA = (CE x 1.15) / Participating FHLBs