Common use of Reserves on LIBOR Rate Loans Clause in Contracts

Reserves on LIBOR Rate Loans. The Borrower shall pay to each Bank, as long as such Bank shall be required to maintain reserves with respect to liabilities or assets consisting of or including Eurocurrency funds or deposits (currently known as “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 Bank (as determined by such Bank 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 Borrower shall have received at least 10 days’ prior notice (with a copy to the Operations Agent) of such additional interest from such Bank. If a Bank fails to give notice 10 days prior to the relevant Interest Payment Date, such additional interest shall be due and payable 10 days from receipt of such notice.

Reserves on LIBOR Rate Loans. The Borrower Borrowers shall pay to each BankLender, as long as such Bank 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 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 Bank Lender (as determined by such Bank 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 Operations Agent) of such additional interest from such BankLender. If a Bank Lender fails to give notice 10 days prior to the relevant Interest Payment Date, such additional interest shall be due and payable 10 days from receipt of such notice.

Reserves on LIBOR Rate Loans. The Borrower Company shall pay to each Bank, as long as such Bank shall be required under regulations of the FRB to maintain reserves with respect to liabilities or assets consisting of or including Eurocurrency funds or deposits (currently known as “"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 the Bank (as determined by such the Bank 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 Borrower Company shall have received at least 10 15 days’ ' prior written notice (with a copy to the Operations Agent) of such additional interest costs from such the Bank. If a Bank fails to give notice 10 15 days prior to the relevant Interest Payment Date, such additional interest costs shall be due and payable 10 15 days from receipt of such notice.

Reserves on LIBOR Rate Loans. The Borrower shall pay to each BankLender, as long as such Bank Lender shall be required to maintain reserves with respect to liabilities or assets consisting of or including Eurocurrency funds or deposits (currently known as “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 Bank Lender (as determined by such Bank 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 Borrower shall have received at least 10 ten days’ prior notice (with a copy to the Operations Administrative Agent) of such additional interest from such BankLender. If a Bank Lender fails to give notice 10 ten days prior to the relevant Interest Payment Date, such additional interest shall be due and payable 10 ten days from receipt of such notice.

Reserves on LIBOR Rate Loans. The Borrower shall pay to each BankLender, as long as such Bank Lender shall be required to maintain reserves with respect to liabilities or assets consisting of or including Eurocurrency funds or deposits (currently known as “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 Bank Lender (as determined by such Bank 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 Borrower shall have received at least 10 ten (10) days’ ' prior notice (with a copy to the Operations Administrative Agent) of such additional interest from such BankLender. If a Bank Lender fails to give notice 10 ten (10) days prior to the relevant Interest Payment Date, such additional interest shall be due and payable 10 ten (10) days from receipt of such notice.

Reserves on LIBOR Rate Loans. The Borrower Borrowers shall pay to each BankLender, as long as such Bank Lender shall be required to maintain reserves with respect to liabilities or assets consisting of or including Eurocurrency funds or deposits (currently known as “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 Bank Lender (as determined by such Bank 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 Operations Administrative Agent) of such additional interest from such BankLender. If a Bank Lender fails to give notice 10 days prior to the relevant Interest Payment Date, such additional interest shall be due and payable 10 days from receipt of such notice.

Reserves on LIBOR Rate Loans. The Borrower shall pay to each BankLender, as long as such Bank Lender shall be required to maintain reserves with respect to liabilities or assets consisting of or including Eurocurrency LIBOR funds or deposits (currently known as “Eurocurrency LIBOR 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 Bank Lender (as determined by such Bank 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 Borrower shall have received at least 10 days’ prior notice (with a copy to the Operations Administrative Agent) of such additional interest from such BankLender. If a Bank Lender fails to give notice 10 days prior to the relevant Interest Payment Date, such additional interest shall be due and payable 10 days from receipt of such notice.

Reserves on LIBOR Rate Loans. The Borrower Company shall pay to each Bank, as long as such Bank shall be required under regulations of the Federal Reserve Board to maintain reserves with respect to liabilities or assets consisting of or including Eurocurrency funds or deposits (currently known as “"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 the Bank (as determined by such the Bank 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 Borrower Company shall have received at least 10 15 days’ ' prior written notice (with a copy to the Operations Administrative Agent) of such additional interest from such Bank. If a Bank fails to give notice 10 15 days prior to the relevant Interest Payment Date, such additional interest shall be due and payable 10 15 days from receipt of such notice.

Reserves on LIBOR Rate Loans. The Borrower shall pay to each BankLender, as long as such Bank Lender shall be required to maintain reserves with respect to liabilities or assets consisting of or including Eurocurrency LIBOR funds or deposits (currently known as “Eurocurrency LIBOR 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 Bank Lender (as determined by such Bank 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 Borrower shall have received at least 10 ten (10) days’ prior notice (with a copy to the Operations Administrative Agent) of such additional interest from such BankLender. If a Bank Lender fails to give notice 10 ten (10) days prior to the relevant Interest Payment Date, such additional interest shall be due and payable 10 ten (10) days from receipt of such notice.

Reserves on LIBOR Rate Loans. The Borrower shall pay to each BankLender, as long as such Bank Lender shall be required to maintain reserves with respect to liabilities or assets consisting of or including Eurocurrency funds or deposits (currently known as “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 Bank Lender (as determined by such Bank 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 Borrower shall have received at least 10 days’ prior notice (with a copy to the Operations Agent) of such additional interest from such BankLender. If a Bank Lender fails to give notice 10 days prior to the relevant Interest Payment Datedate on which interest is payable on such Loan, such additional interest shall be due and payable 10 days from receipt of such notice.

Reserves on LIBOR Rate Loans. The Borrower Borrowers shall pay to each BankLender, as long as such Bank 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 Bank Lender (as determined by such Bank 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 Operations Agent) of such additional interest from such BankLender. If a Bank Lender fails to give notice 10 ten (10) days prior to the relevant Interest Payment Date, such additional interest shall be due and payable 10 ten (10) days from receipt of such notice.