Common use of Reserve Requirements; Change in Circumstances Clause in Contracts

Reserve Requirements; Change in Circumstances. (a) Notwithstanding any other provision of this Agreement, if after the date of this Agreement the adoption of, or any change in, applicable law or regulation or in the interpretation or administration thereof by any Governmental Authority charged with the interpretation or administration thereof (whether or not having the force of law) shall impose, modify or deem applicable any reserve, special deposit or similar requirement against assets of, deposits with or for the account of or credit extended by any Lender or shall impose on such Lender or the London interbank market any other condition affecting this Agreement or Eurodollar Loans or Fixed Rate Loans made by such Lender, and the result of any of the foregoing shall be to increase the cost to such Lender of making or maintaining any Eurodollar Loan or Fixed Rate Loan, or to reduce the amount of any sum received or receivable by such Lender hereunder (whether of principal, interest or otherwise) by an amount deemed by such Lender to be material, then the Borrower will pay to such Lender upon demand such additional amount or amounts as will compensate such Lender for such additional costs incurred or reduction suffered.

Appears in 4 contracts

Samples: www.sec.gov, Raytheon Co/, Raytheon Co/

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Reserve Requirements; Change in Circumstances. (a) Notwithstanding any other provision of this Agreementherein, if after the date of this Agreement the adoption ofthere is adopted any new law, rule or regulation or any change in, in applicable law or regulation or in the interpretation or administration thereof by any Governmental Authority governmental authority charged with the interpretation or administration thereof (whether or not having the force of law) which shall impose, modify or deem applicable any reserve, special deposit or similar requirement against assets of, deposits with or for the account of or credit extended by such Bank (except any Lender such reserve requirement which is reflected in the Eurodollar Rate) or shall impose on such Lender Bank or the London interbank market any other condition affecting this Agreement or Eurodollar Loans or Fixed Rate Loans made by such LenderBank, and the result of any of the foregoing shall be to increase the cost to such Lender Bank of making or maintaining any Eurodollar Loan or Fixed Rate Loan, or to reduce the amount of any sum received or receivable by such Lender Bank hereunder or under the Notes (whether of principal, interest or otherwise) in respect of Eurodollar Loans by an amount deemed by such Lender Bank to be material, then the Borrower will pay to such Lender Bank upon demand such additional amount or amounts as will compensate such Lender Bank for such additional costs incurred or reduction suffered.

Appears in 3 contracts

Samples: Revolving Credit Agreement (Avista Corp), Revolving Credit Agreement (Washington Water Power Co), Avista Corp

Reserve Requirements; Change in Circumstances. (a) Notwithstanding any other provision of this Agreementherein, if after the date of this Agreement the adoption of, or any change in, in applicable law or regulation or in the interpretation or administration thereof by any Governmental Authority governmental authority charged with the interpretation or administration thereof (whether or not having the force of law) shall imposeresult in the imposition, modify modification or deem applicable applicability of any reserve, special deposit or similar requirement against assets of, deposits with with, or for the account of of, or credit extended by any Lender Lender, or shall impose result in the imposition on such Lender or the London interbank market any other condition affecting this Agreement Agreement, such Lender's Commitment or any Eurodollar Loans or Fixed Rate Loans Loan made by such Lender, and the result of any of the foregoing shall be to increase the cost to such Lender of making or maintaining any Eurodollar Loan or Fixed Rate Loan, or to reduce the amount of any sum received or receivable by such Lender hereunder (whether of principal, interest or otherwise) by an amount deemed by such Lender to be material, then the Borrower will pay to such Lender upon demand such additional amount or amounts as will compensate such Lender for such additional costs incurred or reduction suffered.

Appears in 3 contracts

Samples: Agreement (Lucent Technologies Inc), Facility Agreement (Lucent Technologies Inc), Lucent Technologies Inc

Reserve Requirements; Change in Circumstances. (a) Notwithstanding any other provision of this Agreement, if after the date of this Agreement the adoption of, or any change in, applicable law or regulation or in the interpretation or administration thereof by any Governmental Authority charged with the interpretation or administration thereof (whether or not having the force of law) shall impose, modify or deem applicable any reserve, special deposit or similar requirement against assets of, deposits with or for the account of or credit extended by any Lender or shall impose on such Lender or the London interbank market any other condition affecting this Agreement or Eurodollar Loans or Fixed Rate Loans made by such LenderLoans, and the result of any of the foregoing shall be to increase the cost to such Lender of making or maintaining any Eurodollar Loan or Fixed Rate Loan, or to reduce the amount of any sum received or receivable by such Lender hereunder (whether of principal, interest or otherwise) by an amount deemed by such Lender to be material, then the Borrower will pay to such Lender upon demand such additional amount or amounts as will compensate such Lender for such additional costs incurred or reduction suffered.

Appears in 2 contracts

Samples: Credit Agreement (Raytheon Co/), Raytheon Co/

Reserve Requirements; Change in Circumstances. (a) Notwithstanding any other provision of this Agreementherein, if after the date of this Agreement the adoption ofthere is adopted any new law, rule or regulation or any change in, in applicable law or regulation or in the interpretation or administration thereof by any Governmental Authority charged with the interpretation or administration thereof (whether or not having the force of law) which shall impose, modify or deem applicable any reserve, special special-deposit or similar requirement against assets of, deposits with or for the account of or credit extended by any Lender Bank (except any such reserve requirement which is reflected in the Eurodollar Rate) or shall impose on such Lender Bank or the London interbank market any other condition affecting this Agreement or Eurodollar Loans or Fixed Rate Loans made by such LenderBank, and the result of any of the foregoing shall be to increase the cost to such Lender Bank of making or maintaining any Eurodollar Loan or Fixed Rate Loan, or to reduce the amount of any sum received or receivable by such Lender Bank hereunder or under any Notes (whether of principal, interest or otherwise) by an amount deemed by such Lender Bank to be material, then the Borrower will pay to such Lender Bank upon demand such additional amount or amounts as will compensate such Lender Bank for such additional costs incurred or reduction suffered.

Appears in 2 contracts

Samples: Credit Agreement (Avista Corp), Credit Agreement (Avista Corp)

Reserve Requirements; Change in Circumstances. (a) Notwithstanding any other provision of this Agreement, if after the date of this Agreement the adoption of, or any change in, applicable law or regulation or in the interpretation or administration thereof by any Governmental Authority charged with the interpretation or administration thereof (whether or not having the force of law) shall impose, modify or deem applicable any reserve, special deposit or similar requirement against assets of, deposits with or for the account of or credit extended by any Lender or shall impose on such Lender or the London interbank market any other condition affecting this Agreement or Eurodollar Loans or Eurocurrency Loans, Fixed Rate Loans Loans, Letter of Credit or Application made by such Lender, and the result of any of the foregoing shall be to increase the cost to such Lender of making or maintaining any Eurodollar Eurocurrency Loan or Fixed Rate Loan, or issuing or participating in any Letter of Credit or Application, or to reduce the amount of any sum received or receivable by such Lender hereunder (whether of principal, interest or otherwise) by an amount deemed by such Lender to be material, then the Borrower or the UK Borrower, as applicable, will pay to such Lender upon demand such additional amount or amounts as will compensate such Lender for such additional costs incurred or reduction suffered.

Appears in 2 contracts

Samples: www.sec.gov, Raytheon Co/

Reserve Requirements; Change in Circumstances. (a) Notwithstanding any other provision of this Agreement, if after the date of this Agreement the adoption of, or any change in, applicable law or regulation or in the interpretation or administration thereof by any Governmental Authority charged with the interpretation or administration thereof (whether or not having the force of law) shall impose, modify or deem applicable any reserve, special deposit or similar requirement against assets of, deposits with or for the account of or credit extended by any Lender or shall impose on such Lender or the London interbank market any other condition affecting this Agreement or Eurodollar Loans or Loans, Fixed Rate Loans Loans, Letter of Credit or Application made by such Lender, and the result of any of the foregoing shall be to increase the cost to such Lender of making or maintaining any Eurodollar Loan or Fixed Rate Loan, or issuing or participating in any Letter of Credit or Application, or to reduce the amount of any sum received or receivable by such Lender hereunder (whether of principal, interest or otherwise) by an amount deemed by such Lender to be material, then the Borrower will pay to such Lender upon demand such additional amount or amounts as will compensate such Lender for such additional costs incurred or reduction suffered.

Appears in 2 contracts

Samples: Raytheon Co/, Lender Agreement (Raytheon Co/)

Reserve Requirements; Change in Circumstances. (a) Notwithstanding any other provision of this Agreementherein, if after the date of this Agreement the adoption of, or any change in, in applicable law or regulation or in the interpretation or administration thereof by any Governmental Authority governmental authority charged with the interpretation or administration thereof (whether or not having the force of law) shall imposeresult in the imposition, modify modification or deem applicable applicability of any reserve, special deposit or similar requirement against assets of, deposits with or for the account of or credit extended by any Lender Lender, or shall impose result in the imposition on such Lender or the London interbank market any other condition affecting this Agreement Agreement, such Lender's Commitment or any Eurodollar Loans or Fixed Rate Loans Loan made by such Lender, and the result of any of the foregoing shall be to increase the cost to such Lender of making or maintaining any Eurodollar Loan or Fixed Rate Loan, or to reduce the amount of any sum received or receivable by such Lender hereunder (whether of principal, interest or otherwise) by an amount deemed by such Lender to be material, then the Borrower will pay to such Lender upon demand such additional amount or amounts as will compensate such Lender for such additional costs incurred or reduction suffered.

Appears in 2 contracts

Samples: Credit Facility Agreement (Avaya Inc), Credit Facility Agreement (Avaya Inc)

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Reserve Requirements; Change in Circumstances. (a) Notwithstanding any other provision of this Agreementherein, if after the date of this Agreement the adoption of, or Original Closing Date any change in, in applicable law or regulation or in the interpretation or administration thereof by any Governmental Authority governmental authority charged with the interpretation or administration thereof (whether or not having the force of law) shall imposeresult in the imposition, modify modification or deem applicable applicability of any reserve, special deposit or similar requirement against assets of, deposits with or for the account of or credit extended by any Lender Lender, or shall impose result in the imposition on such Lender or the London interbank market any other condition affecting this Agreement Agreement, such Lender's Commitment or any Eurodollar Loans or Fixed Rate Loans Loan made by such Lender, and the result of any of the foregoing shall be to increase the cost to such Lender of making or maintaining any Eurodollar Loan or Fixed Rate Loan, or to reduce the amount of any sum received or receivable by such Lender hereunder (whether of principal, interest or otherwise) by an amount deemed by such Lender to be material, then the Borrower will pay to such Lender upon demand such additional amount or amounts as will compensate such Lender for such additional costs incurred or reduction suffered.

Appears in 1 contract

Samples: Agreement (Agere Systems Inc)

Reserve Requirements; Change in Circumstances. (a) Notwithstanding any other provision of this Agreementherein, if after the date of this Agreement the adoption of, or any change in, in applicable law or regulation or in the interpretation or administration thereof by any Governmental Authority charged with the interpretation or administration thereof (whether or not having the force of law) shall imposeresult in the imposition, modify modification or deem applicable applicability of any reserve, special deposit or similar requirement against assets of, deposits with or for the account of or credit extended by any Lender Lender, or shall impose result in the imposition on such any Lender or the London interbank market of any other condition affecting this Agreement Agreement, such Lender's Commitment or Eurodollar Loans or Fixed Rate Loans any Eurocurrency Loan made by such Lender, and the result of any of the foregoing shall be to increase the cost to such Lender of making or maintaining any Eurodollar Eurocurrency Loan or Fixed Rate Loan, or to reduce the amount of any sum received or receivable by such Lender hereunder (whether of principal, interest or otherwise) by an amount deemed by such Lender to be material, then the Borrower will pay to such Lender upon demand such additional amount or amounts as will compensate such Lender for such additional costs incurred or reduction sufferedwill be paid by the Borrowers to such Lender as provided in paragraph (c) of this Section.

Appears in 1 contract

Samples: Borrowing Subsidiary Agreement (Itt Industries Inc)

Reserve Requirements; Change in Circumstances. (a) Notwithstanding any other provision of this Agreementherein, if after the date of this Agreement the adoption of, or any change in, in applicable law or regulation or in the interpretation or administration thereof by any Governmental Authority governmental authority charged with the interpretation or administration thereof (whether or not having the force of law) shall imposeresult in the imposition, modify modification or deem applicable applicability of any reserve, special deposit or similar requirement against assets of, or deposits with or for the account of or credit extended by any Lender Lender, or shall impose result in the imposition on such Lender or the London interbank market of any other condition affecting this Agreement Agreement, such Lender's Commitment or any Eurodollar Loans or Fixed Rate Loans Loan made by such Lender, and the result of any of the foregoing shall be to increase the cost to such Lender of making or maintaining any Eurodollar Loan or Fixed Rate Loan, or to reduce the amount of any sum received or receivable by such Lender hereunder (whether of principal, interest or otherwise) by an amount deemed by such Lender to be material, then the Borrower will pay to such Lender upon demand such additional amount or amounts as will compensate such Lender for such additional costs incurred or reduction suffered.

Appears in 1 contract

Samples: Agreement (At&t Corp)

Reserve Requirements; Change in Circumstances. (a) Notwithstanding any other provision of this Agreementherein, if after the date of this Agreement the adoption ofthere is adopted any new law, rule or regulation or any change in, in applicable law or regulation or in the interpretation or administration thereof by any Governmental Authority governmental authority charged with the interpretation or administration thereof (whether or not having the force of law) which shall impose, modify or deem applicable any reserve, special deposit or similar requirement against assets of, deposits with or for the account of or credit extended by such Bank (except any Lender such reserve requirement which is reflected in the Eurodollar Rate) or shall impose on such Lender Bank or the London interbank market any other condition affecting this Agreement or Eurodollar Loans or Fixed Rate Loans made by such LenderBank, and the result of any of the foregoing shall be to increase the cost to such Lender Bank of making or maintaining any Eurodollar Loan or Fixed Rate Loan, or to reduce the amount of any sum received or receivable by such Lender Bank hereunder or under any Notes (whether of principal, interest or otherwise) in respect of Eurodollar Loans by an amount deemed by such Lender Bank to be material, then the Borrower will pay to such Lender Bank upon demand such additional amount or amounts as will compensate such Lender Bank for such additional costs incurred or reduction suffered.

Appears in 1 contract

Samples: Credit Agreement (Avista Corp)

Reserve Requirements; Change in Circumstances. (a) Notwithstanding any other provision of this Agreement, if after the date of this Agreement the adoption of, or any change in, applicable law or regulation or Change in the interpretation or administration thereof by any Governmental Authority charged with the interpretation or administration thereof (whether or not having the force of law) Law shall impose, modify or deem applicable any reserve, special deposit deposit, Tax (other than Indemnified Taxes indemnified pursuant to Section 2.20 and Excluded Taxes) or similar requirement against assets of, deposits with or for the account of or credit extended by any Lender (except any such reserve requirement which is reflected in the Adjusted LIBO Rate) or shall impose on such Lender or the London interbank market any other condition affecting this Agreement or Eurodollar Loans or Fixed Rate Loans made by such Lender, and the result of any of the foregoing shall be to increase the cost to such Lender of making or maintaining any Eurodollar Loan or Fixed Rate Loan, increase the cost to any Lender or to reduce the amount of any sum received or receivable by such Lender hereunder (whether of principal, interest or otherwise) by an amount deemed by such Lender to be material, then the Borrower will pay to such Lender upon demand such additional amount or amounts as will compensate such Lender for such additional costs incurred or reduction suffered.

Appears in 1 contract

Samples: Intercreditor Agreement (Supervalu Inc)

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