Common use of Reserves on LIBOR Rate Loans Clause in Contracts

Reserves on LIBOR Rate Loans. The Borrowers shall pay to each Lender, as long as such Lender shall be required to maintain reserves with respect to liabilities or assets consisting of or including [Eurocurrency]eurocurrency funds or deposits (currently known as “[Eurocurrency]eurocurrency liabilities”), additional interest on the unpaid principal amount of each LIBOR Rate Loan equal to the actual costs of such reserves allocated to such Loan by such Lender (as determined by such Lender in good faith, which determination shall be conclusive), which shall be due and payable on each date on which interest is payable on such Loan, provided the Lead Borrower shall have received at least 10 days’ prior notice (with a copy to the Agent) of such additional interest from such Lender. If a Lender fails to give notice ten (10) days prior to the relevant Interest Payment Date, such additional interest shall be due and payable ten (10) days from receipt of such notice.

Reserves on LIBOR Rate Loans. The Borrowers Borrower shall pay to each Lender, as long as such Lender shall be required to maintain reserves with respect to liabilities or assets consisting of or including [Eurocurrency]eurocurrency Eurocurrency funds or deposits (currently known as “[Eurocurrency]eurocurrency Eurocurrency liabilities”), additional interest on the unpaid principal amount of each Term Loan as a LIBOR Rate Loan equal to the actual costs of such reserves allocated to such Lender’s Loan by such Lender (as determined by such Lender in good faith, which determination shall be conclusiveconclusive absent manifest error), which shall be due and payable on each date on which interest is payable on such Loan, provided the Lead Borrower shall have received at least 10 fifteen (15) days’ prior notice (with a copy to the Administrative Agent) of such additional interest from such Lender. If a Lender fails to give notice ten fifteen (1015) days prior to the relevant Interest Payment Date, such additional interest shall be due and payable ten fifteen (1015) days from receipt of such notice.

Reserves on LIBOR Rate Loans. The Borrowers Borrower shall pay to each Lender, as long as such Lender shall be required to maintain reserves with respect to liabilities or assets consisting of or including [Eurocurrency]eurocurrency Eurocurrency funds or deposits (currently known as “[Eurocurrency]eurocurrency liabilities”)deposits, additional interest on the unpaid principal amount of each LIBOR Rate Loan equal to the actual costs of such reserves allocated to such Loan by such Lender (as determined by such Lender in good faith, which determination shall be conclusive), which shall be due and payable on each date on which interest is payable on such Loan, provided the Lead Borrower shall have received at least 10 days’ prior notice (with a copy to the Agent) of such additional interest from such Lender, together with a written statement setting forth in reasonable detail the basis for calculating the additional amounts owed to such Lender under this subsection (e). If a Lender fails to give notice ten (10) 10 days prior to the relevant Interest Payment Date, such additional interest shall be due and payable ten (10) 10 days from receipt of such notice.

Reserves on LIBOR Rate Loans. The Borrowers Borrower shall pay to each Lender, as long as such Lender shall be required under regulations of the Federal Reserve Board to maintain reserves with respect to liabilities or assets consisting of or including [Eurocurrency]eurocurrency Eurocurrency funds or deposits (currently known as “[Eurocurrency]eurocurrency Eurocurrency liabilities”), additional interest costs on the unpaid principal amount of each LIBOR Rate Loan equal to the actual costs of such reserves allocated to such Loan by such Lender (as determined by such Lender in good faith, which determination shall be conclusiveconclusive absent manifest error), which shall be due and payable on each date on which interest is payable on such Loan, Loan provided the Lead Borrower shall have received at least 10 fifteen (15) days’ prior written notice (with a copy to the Agent) of such additional interest from such the Lender. If a Lender fails to give notice ten fifteen (1015) days prior to the relevant Interest Payment Date, such additional interest shall be due and payable ten fifteen (1015) days from receipt of such notice; provided that in no event shall additional interest be payable pursuant to this Section 10.6 with respect to any time period which is more than three hundred sixty (360) days prior to any such notice.