Similar Treatment Clause Samples
The Similar Treatment clause ensures that parties in comparable positions under an agreement receive the same rights, benefits, or obligations. In practice, this clause may require that if one party is granted a particular concession, such as a reduced interest rate or extended payment terms, other similarly situated parties must also receive those terms. This clause is designed to promote fairness and prevent discrimination among parties, thereby reducing the risk of preferential treatment and ensuring consistency in the application of contractual provisions.
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Similar Treatment. Notwithstanding the foregoing Sections 2.17(a) and 2.17(b), no Lender, Issuing Bank or Recipient shall impose any costs specified therein or make any request for compensation pursuant thereto (or be entitled to any such additional costs) unless such Lender, Issuing Bank or Recipient is then generally imposing such cost upon or requesting such compensation from borrowers in connection with similar credit facilities containing similar provisions and at the time of such request certifies to the Borrowers to the effect of the foregoing; provided such Lender, Issuing Bank or Recipient shall not be required to disclose any of its records or any other information that it deems confidential.
Similar Treatment. The Lender may not request compensation under this Section 3.04 unless the Lender is generally requiring such amounts to be paid by borrowers on similar loans to similarly situated borrowers.
Similar Treatment. Notwithstanding the foregoing, each Lender agrees that amounts claimed under this Section 3.04 shall be reasonably determined by such Lender (which determination shall be made in good faith (and not on an arbitrary or capricious basis) and consistent with similarly situated customers of the applicable Lender under agreements having provisions similar to this Section 3.04 after consideration of such factors as such Lender then reasonably determines to be relevant); provided that in no event shall any Lender be required to disclose information of other borrowers.
Similar Treatment. Notwithstanding the foregoing Sections 2.15(a), 2.15(b), and 2.15(f), no Lender or Recipient shall impose any costs specified therein or make any request for compensation pursuant thereto (or be entitled to any such additional costs) unless such Lender or Recipient is then generally imposing such cost upon or requesting such compensation from borrowers that are financial institutions in connection with similar credit facilities containing similar provisions and at the time of such request certifies to the Borrower to the effect of the foregoing.
Similar Treatment. Notwithstanding the foregoing Section 3.1(a) and Section 3.1(b), no Lender or Recipient shall make any request for compensation pursuant thereto (or be entitled to any such additional costs) unless such Lender or Recipient is then generally imposing such cost upon or requesting such compensation from similar borrowers in connection with similar credit facilities containing similar provisions.
Similar Treatment. Household Bank covenants that it will not take any action, or omit to take any action, the effect of which has, or reasonably could be expected to have, a materially adverse impact on the Company, the Cardholders or the Program Accounts Portfolio that is disproportionately greater than the impact on Household Bank's other private label credit card partners, cardholders or account portfolios unless (a) such action or omission is dictated by legal and regulatory requirements and (b) Household Bank takes such action, or omits to take such action, with respect to each of its other private label credit card partners, cardholders or account portfolios that are similarly affected by such legal and regulatory requirements or as to which such legal or regulatory requirements could similarly be applied.