Common use of Replacement Banks Clause in Contracts

Replacement Banks. The Borrower may, in its sole discretion, on ten (10) Business Days' prior written notice to the Agent and a Lender, cause a Lender who has incurred increased costs or is unable to make Eurodollar Rate Loans to (and such Lender shall) assign, pursuant to Section 12.1, all of its rights and obligations under this Agreement to an Eligible Assignee designated by the Borrower which is willing to become a Lender for a purchase price equal to the outstanding principal amount of the Loans payable to such Lender plus any accrued but unpaid interest on such Loans, any accrued but unpaid fees with respect to such Lender's Revolving Credit Commitment and any other amount payable to such Lender under this Agreement; provided, however, that any expenses or other amounts which would be owing to such Lender pursuant to any indemnification provision hereof (including, if applicable, Section 5.5) shall be payable by the Borrower as if the Borrower had prepaid the Loans of such Lender rather than such Lender having assigned its interest hereunder. The assignee shall pay the applicable processing fee under Section 12.1.

Replacement Banks. The Borrower may, in its sole discretion, on ten (10) Business Days' prior written notice to the Agent and a the applicable Lender, cause a Lender who has (a) incurred increased costs or is unable to make Eurodollar Rate Loans Loans, (b) failed to fund any requested Advance, or (c) made any claim for taxes under Section 6.6 hereof, require such Lender to (and such Lender shall) assign, pursuant to Section 12.113.1 hereof, all of its rights and obligations under this Agreement to an Eligible Assignee designated by the Borrower which is willing to become a Lender for a purchase price equal to the outstanding principal amount of the Loans payable to such Lender plus any accrued but unpaid interest on such Loans, any accrued but unpaid fees with respect to such Lender's Revolving Credit Commitment Commitments and any other amount payable to such Lender under this Agreement; provided, however, that any expenses or other amounts which would be owing to such Lender pursuant to any indemnification provision hereof (including, if applicable, Section 5.56.5 hereof) shall be payable by the Borrower as if the Borrower had prepaid the Loans of such Lender rather than such Lender having assigned its interest hereunder. The Borrower or the assignee shall pay the applicable processing fee under Section 12.113.1 hereof.

Replacement Banks. The If (a) a Lender requests compensation from the Borrower pursuant to Section 4.01, (b) it becomes unlawful for a Lender to make Eurodollar Rate Loans as set forth in Section 4.03, (c) a Lender refuses or otherwise fails to consent to any waiver, amendment or other modification of any Loan Document which (i) requires the written consent of more than the Required Lenders under Section 12.06 and (ii) has been approved in writing by the Required Lenders or (d) the Borrower elects to replace First Union as a Lender, then so long as there does not then exist any Default or Event of Default, the Borrower may, in its sole discretion, on ten (10) Business Days' prior written notice to the Agent and a Lenderany such Lender described in clauses (a), (b), (c) or (d) above, cause a such Lender who has incurred increased costs or is unable to make Eurodollar Rate Loans to (and such Lender shall) assign, pursuant to Section 12.112.01, all of its rights and obligations under this Agreement to an Eligible Assignee designated by the Borrower which is willing to become a Lender for a purchase price equal to the outstanding principal amount of the Loans and Reimbursement Obligations payable to such Lender plus any accrued but unpaid interest on such LoansLoans and Reimbursement Obligations, any accrued but unpaid fees with respect payable hereunder to such Lender's Revolving Credit Commitment Lender and any other amount payable to such Lender under this Agreement; provided, however, that any expenses or other amounts which would be owing to such Lender pursuant to any indemnification provision hereof (including, if applicable, Section 5.5) shall be payable by the Borrower as if the Borrower had prepaid the Loans of such Lender rather than such Lender having assigned its interest hereunder. The assignee shall pay the applicable processing fee under Section 12.1.Section

Replacement Banks. The Borrower may, in its sole discretion, on ten (10) Business Days' prior written notice to the Agent and a Lender, cause a Lender who has either (a) incurred increased costs or is unable to make Eurodollar Rate Loans Loans, (b) failed to fund any requested Advance, (c) made any claim for taxes under Section 5.6, or (d) assigned a portion or all of its Revolving Credit Commitment and not assigned a pro rata portion of the TROL Indebtedness held by it, to (and such Lender shall) assign, pursuant to Section 12.1, all of its rights and obligations under this Agreement to an Eligible Assignee designated by the Borrower which is willing to become a Lender for a purchase price equal to the outstanding principal amount of the Loans payable to such Lender plus any accrued but unpaid interest on such Loans, any accrued but unpaid fees with respect to such Lender's Revolving Credit Commitment and any other amount payable to such Lender under this Agreement; provided, however, that any expenses or other amounts which would be owing to such Lender pursuant to any indemnification provision hereof (including, if applicable, Section 5.5) shall be payable by the Borrower as if the Borrower had prepaid the Loans of such Lender rather than such Lender having assigned its interest hereunder. The Borrower or the assignee shall pay the applicable processing fee under Section 12.1.

Replacement Banks. The Borrower may, in its sole discretion, on ten (10) 10 Business Days' prior written notice to the Agent agent and a LenderLender (except in the case of the replacement of a Lender after notice from such Lender to the Borrower pursuant to Section 6.1, in which case no prior notice from the Borrower is required), cause a Lender who has incurred increased costs (including as described in Section 6.1 and 6.6) or is unable to make Eurodollar Rate Loans to (and such Lender shall) assign, pursuant to Section 12.1, 13.1 all of its rights and obligations under this Agreement to an Eligible Assignee a bank or financial institution designated by the Borrower which is willing to become a Lender for a purchase price equal to the outstanding principal amount of the Loans payable to such Lender plus any accrued but unpaid interest on such Loans, any accrued but unpaid fees with respect to such Lender's Revolving Credit Commitment and any other amount payable to such Lender under this Agreement; provided, however, that any expenses or other amounts which would be owing to such Lender pursuant to any indemnification provision hereof (including, if applicable, Section 5.56.4) shall be payable by the Borrower as if the Borrower had prepaid the Loans of such Lender rather than such Lender having assigned its interest hereunder. The Borrower or the assignee shall pay the applicable processing fee under Section 12.113.1.

Replacement Banks. The Borrower BREED may, in its sole discretion, on ten (10) Business Days' prior ----------------- written notice to the Agent and a Lender, cause a Lender who has incurred increased costs or is unable to make Eurodollar Rate Loans or fails to make a Loan in a requested Alternative Currency to (and such Lender shall) assign, pursuant to Section 12.113.1, all of its rights and obligations under this Agreement ------------ to an Eligible Assignee designated by the Borrower BREED which is willing to become a Lender for a purchase price equal to the outstanding principal amount of the Loans payable to such Lender plus any accrued but unpaid interest on such Loans, any accrued but unpaid fees with respect to such Lender's Revolving Credit Commitment and any other amount payable to such Lender under this Agreement; provided, however, that any expenses or other amounts which would be owing to -------- such Lender pursuant to any indemnification provision hereof (including, if applicable, Section 5.56.5) shall be payable by the Borrower BREED as if the Borrower BREED had prepaid the ----------- Loans of such Lender rather than such Lender having assigned its interest hereunder. The BREED or the assignee shall pay the applicable processing fee under Section 12.1.13.1. ------------