Common use of Reserves on Offshore Rate Loans Clause in Contracts

Reserves on Offshore Rate Loans. 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 costs on the unpaid principal amount of each Offshore Rate Loan equal to actual costs of such reserves allocated to such Loan by the Bank (as determined by the Bank in good faith, which determination shall be conclusive) (without duplication for such costs included in the computation of the Offshore Rate), payable on each date on which interest is payable on such Loan provided Company shall have received at least 15 days' prior written notice -------- (with a copy to Agent) of such additional sums from the Bank. Each such notice from a Bank shall set forth in reasonable detail (as determined by the Bank) the basis for such additional sums. If a Bank fails to give notice 15 days prior to the relevant Interest Payment Date, such additional sums shall be payable 15 days from receipt of such notice.

Reserves on Offshore Rate Loans. The Company shall pay to each Bank------------------------------- Lender, as ------------------------------- long as such Bank Lender shall be required under regulations of the Federal Reserve Board FRB to maintain reserves with respect to liabilities or assets consisting of or including Eurocurrency funds or deposits (currently known as "Eurocurrency ------------ liabilities"), additional costs on the unpaid principal amount of each Offshore ----------- Rate Loan equal to the actual costs of such reserves allocated to such Loan by the Bank Lender (as determined by the Bank Lender in good faith, which determination shall be conclusive) (, but without duplication for such to any costs recovered by way of the imposition of or increase in the reserve requirements included in the computation calculation of the Offshore Rate), payable on each date on which interest is payable on such Loan Loan, provided the Company shall have received at least 15 days' prior written notice -------- (with a copy to the Agent) of such additional sums interest from the Bank. Each such notice from a Bank shall set forth in reasonable detail (as determined by the Bank) the basis for such additional sumsLender. If a Bank Lender fails to give notice 15 days prior to the relevant Interest Payment Date, such additional sums interest shall be payable 15 days from receipt of such notice.

Reserves on Offshore Rate Loans. 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 costs on the unpaid principal amount of each Offshore Rate Loan equal to actual costs of such reserves allocated to such Loan by the Bank (as determined by the Bank in good faith, which determination shall be conclusive) (without duplication for such costs included in the computation of the Offshore Rate), payable on each date on which interest is payable on such Loan provided Company shall have received at least 15 days' prior written notice -------- (with a copy to Administrative Agent) of such additional sums from the Bank. Each such notice from a Bank shall set forth in reasonable detail (as determined by the Bank) the basis for such additional sums. If a Bank fails to give notice 15 days prior to the relevant Interest Payment Date, such additional sums shall be payable 15 days from receipt of such notice.