Common use of Yield Protection Clause in Contracts

Yield Protection. If, on or after the Closing Date, the adoption of any law or any governmental or quasi-governmental rule, regulation, policy, guideline, or directive (whether or not having the force of law), or any change in the interpretation or administration thereof by any governmental or quasi-governmental authority, central bank, or comparable agency charged with the interpretation or administration thereof, or compliance by any Lender, applicable Lending Installation, LC Issuer, or Acceptance Lender with any request or directive (whether or not having the force of law) of any such authority, central bank, or comparable agency: (a) subjects any Lender, applicable Lending Installation, LC Issuer, or Acceptance Lender to any Taxes, or changes the basis of taxation of payments (other than with respect to Excluded Taxes) to any Lender, LC Issuer or Acceptance Lender in respect of its Eurodollar Loans, Facility LCs, Acceptances, or participations therein; (b) imposes or increases or deems applicable any reserve, assessment, insurance charge, special deposit, or similar requirement against assets of, deposits with or for the account of, or credit extended by, any Lender, applicable Lending Installation, LC Issuer, or Acceptance Lender (other than reserves and assessments taken into account in determining the interest rate applicable to Eurodollar Advances); or (c) imposes any other condition the result of which is to increase the cost to any Lender, applicable Lending Installation, LC Issuer, or Acceptance Lender of making, funding, or maintaining its Eurodollar Loans, or of issuing or participating in Facility LCs or Acceptances, or reduces any amount receivable by any Lender, applicable Lending Installation, LC Issuer, or Acceptance Lender in connection with its Eurodollar Loans, Facility LCs, Acceptances, or participations in Facility LCs or Acceptances, or requires any Lender, applicable Lending Installation, LC Issuer, or Acceptance Lender to make any payment calculated by reference to the amount of Eurodollar Loans, Facility LCs, Acceptances, or participations in Facility LCs or Acceptances held or interest or LC Fees or Acceptance Fees received by it, by an amount deemed material by such Lender, LC Issuer, or Acceptance Lender, as the case may be; and the result of any of the foregoing is to increase the cost to such Lender, applicable Lending Installation, LC Issuer, or Acceptance Lender, as the case may be, of making or maintaining its Eurodollar Loans or Commitment, of issuing or participating in Facility LCs, or of accepting or participating in Acceptances or to reduce the return received by such Lender, applicable Lending Installation, LC Issuer, or Acceptance Lender, as the case may be, in connection with such Eurodollar Loans, Commitment, Facility LCs, Acceptances, or participations in Facility LCs or Acceptances, then, within fifteen days of demand by such Lender, LC Issuer, or Acceptance Lender (any such demand to be made within 180 days of the date such Lender, LC Issuer, or Acceptance Lender obtains knowledge that it is entitled to compensation pursuant to this Section 3.1), as the case may be, the applicable Borrower or Borrowers shall pay such Lender, LC Issuer, or Acceptance Lender, as the case may be, such additional amount or amounts as will compensate such Lender, LC Issuer, or Acceptance Lender, as the case may be, for such increased cost or reduction in amount received.

Appears in 2 contracts

Samples: Credit Agreement (K2 Inc), Credit Agreement (K2 Inc)

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Yield Protection. If, on or after the Closing Date, the adoption of If any law or any governmental or quasi-quasi- ---------------- governmental rule, regulation, policy, guideline, guideline or directive (whether or not having the force of law), or any change in the interpretation or administration thereof by any governmental or quasi-governmental authority, central bank, or comparable agency charged with the interpretation or administration thereof, or the compliance by of any Lender, applicable Lending Installation, Swing Line Lender or LC Issuer, or Acceptance Lender with any request or directive (whether or not having the force of law) of any such authority, central bank, or comparable agency:Issuer therewith, (ai) subjects any Lender, Swing Line Lender or LC Issuer or its applicable Lending Installation, LC Issuer, or Acceptance Lender Installation to any Taxestax, duty, charge or withholding on or from payments due from the Borrower (excluding taxation of the overall net income of such Lender, Swing Line Lender or LC Issuer or its applicable Lending Installation imposed by the jurisdiction or taxing authority in which its principal executive office or Lending Installation is located), or changes the basis of taxation of payments (other than with respect to Excluded Taxes) to any Lender, Swing Line Lender or LC Issuer or Acceptance Lender in respect of its Eurodollar Loans, Facility LCs, Acceptances, or participations therein;, or other amounts due it hereunder, or (bii) imposes or increases or deems applicable any reserve, assessment, insurance charge, special deposit, deposit or similar requirement against assets of, deposits with or for the account of, or credit extended by, any Lender, Swing Line Lender or LC Issuer or its applicable Lending Installation, LC Issuer, or Acceptance Lender Installation (other than reserves and assessments taken into account in determining the interest rate applicable to Eurodollar Advances); , or (ciii) imposes any other condition the result of which is to increase the cost to any Lender, Swing Line Lender or LC Issuer or its applicable Lending Installation, LC Issuer, or Acceptance Lender Installation of making, funding, funding or maintaining its Eurodollar Loans, Loans or of issuing or participating in Facility LCs or AcceptancesSwing Line Loans, or reduces any amount receivable by any Lender, Swing Line Lender or LC Issuer or its applicable Lending Installation, LC Issuer, or Acceptance Lender Installation in connection with its Eurodollar Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, or requires any Lender, Swing Line Lender or LC Issuer or its applicable Lending Installation, LC Issuer, or Acceptance Lender Installation to make any payment calculated by reference to the amount of Eurodollar Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptances therein held or interest or LC Fees or Acceptance Fees received by it, by an amount deemed material by such Lenderit, LC Issuer, or Acceptance Lender, as the case may be; and the result of any of the foregoing is to increase the cost to such Lender, Swing Line Lender, or LC Issuer or its applicable Lending Installation, LC Issuer, or Acceptance Lender, as the case may be, of making or maintaining its Eurodollar Loans or Commitment, Commitment or of issuing or participating in Facility LCs, LCs or of accepting or participating in Acceptances Swing Line Loans or to reduce the return received by such Lender, Swing Line Lender, or LC Issuer or its applicable Lending Installation, LC Issuer, or Acceptance Lender, as the case may be, in connection with such Eurodollar Loans, Commitment, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, then, within fifteen 15 days of demand by such Lender, Swing Line Lender, or LC Issuer, or Acceptance Lender (any such demand to be made within 180 days of the date such Lender, LC Issuer, or Acceptance Lender obtains knowledge that it is entitled to compensation pursuant to this Section 3.1), as the case may be, the applicable Borrower or Borrowers shall pay such Lender, Swing Line Lender, or LC Issuer, or Acceptance Lender, as the case may be, such additional amount or amounts as will compensate such Lender, LC Issuer, or Acceptance Lender, as the case may be, it for such increased cost or reduction in amount received.

Appears in 2 contracts

Samples: Credit Agreement (Global Payments Inc), Credit Agreement (National Data Corp)

Yield Protection. If, on or after the Closing Datedate of this Agreement, the adoption of any law or any governmental or quasi-governmental rule, regulation, policy, guideline, guideline or directive (whether or not having the force of law), or any change in the interpretation or administration thereof by any governmental or quasi-governmental authority, central bank, bank or comparable agency charged with the interpretation or administration thereof, or compliance by any Lender, Lender or applicable Lending Installation, Installation or any LC Issuer, or Acceptance Lender Issuer with any request or directive (whether or not having the force of law) of any such authority, central bank, bank or comparable agency: (ai) subjects any Lender, Lender or any applicable Lending Installation, Installation or any LC Issuer, or Acceptance Lender Issuer to any Taxes, or changes the basis of taxation of payments (other than with respect to Excluded Taxes) to any Lender, Lender or any LC Issuer or Acceptance Lender in respect of its Eurodollar Loans, Facility LCs, Acceptances, LCs or participations therein;, or (bii) imposes or increases or deems applicable any reserve, assessment, insurance charge, special deposit, deposit or similar requirement against assets of, deposits with or for the account of, or credit extended by, any Lender, Lender or any applicable Lending Installation, Installation or any LC Issuer, or Acceptance Lender Issuer (other than reserves and assessments taken into account in determining the interest rate applicable to Eurodollar Advances); , or (ciii) imposes any other condition the result of which is to increase the cost to any Lender, Lender or any applicable Lending Installation, Installation or any LC Issuer, or Acceptance Lender Issuer of making, funding, funding or maintaining its Eurodollar Loans, or of issuing or participating in Facility LCs or AcceptancesLCs, or reduces any amount receivable by any Lender, Lender or any applicable Lending Installation, Installation or any LC Issuer, or Acceptance Lender Issuer in connection with its Eurodollar Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, or requires any Lender, Lender or any applicable Lending Installation, Installation or any LC Issuer, or Acceptance Lender Issuer to make any payment calculated by reference to the amount of Eurodollar Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptances therein held or interest or LC Fees or Acceptance Fees fees received by it, by an amount deemed material by such Lender, Lender or such LC Issuer, or Acceptance Lender, as the case may be; , and the result of any of the foregoing is to increase the cost to such Lender, Lender or applicable Lending Installation, Installation or such LC Issuer, or Acceptance Lender, as the case may be, of making or maintaining its Eurodollar Loans or Commitment, Commitment or of issuing or participating in Facility LCs, or of accepting or participating in Acceptances or to reduce the return received by such Lender, Lender or applicable Lending Installation, Installation or such LC Issuer, or Acceptance Lender, as the case may be, in connection with such Eurodollar Loans, Commitment, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, then, within fifteen 15 days of demand by such Lender, Lender or such LC Issuer, or Acceptance Lender (any such demand to be made within 180 days of the date such Lender, LC Issuer, or Acceptance Lender obtains knowledge that it is entitled to compensation pursuant to this Section 3.1), as the case may be, the applicable Borrower or Borrowers shall pay such Lender, Lender or such LC Issuer, or Acceptance Lender, as the case may be, such additional amount or amounts as will compensate such Lender, Lender or such LC Issuer, or Acceptance Lender, as the case may be, for such increased cost or reduction in amount received.

Appears in 2 contracts

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

Yield Protection. If, on or after the Closing Date, the adoption of any law or any governmental or quasi-quasi governmental rule, regulation, policy, guideline, guideline or directive (whether or not having the force of law), or any change in the interpretation or administration thereof by any governmental or quasi-governmental authority, central bank, bank or comparable agency charged with the interpretation or administration thereof, or compliance by any Lender, Lender or applicable Lending Installation, Installation or any LC Issuer, or Acceptance Lender Issuer with any request or directive (whether or not having the force of law) of any such authority, central bank, bank or comparable agency: (ai) subjects any Lender, Lender or any applicable Lending Installation, Installation or any LC Issuer, or Acceptance Lender Issuer to any Taxes, or changes the basis of taxation of payments (other than with respect to Excluded Taxes) to any Lender, Lender or any LC Issuer or Acceptance Lender in respect of its Eurodollar Loans, Facility LCs, Acceptances, LCs or participations therein;, or (bii) imposes or increases or deems applicable any reserve, assessment, insurance charge, special deposit, deposit or similar requirement against assets of, deposits with or for the account of, or credit extended by, any Lender, Lender or any applicable Lending Installation, Installation or any LC Issuer, or Acceptance Lender Issuer (other than reserves and assessments taken into account in determining the interest rate applicable to Eurodollar Advances); , or (ciii) imposes any other condition the result of which is to increase the cost to any Lender, Lender or any applicable Lending Installation, Installation or any LC Issuer, or Acceptance Lender Issuer of making, funding, funding or maintaining its Eurodollar Loans, or of issuing or participating in Facility LCs or AcceptancesLCs, or reduces any amount receivable by any Lender, Lender or any applicable Lending Installation, Installation or any LC Issuer, or Acceptance Lender Issuer in connection with its Eurodollar Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, or requires any Lender, Lender or any applicable Lending Installation, Installation or any LC Issuer, or Acceptance Lender Issuer to make any payment calculated by reference to the amount of Eurodollar Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptances therein, held or interest or LC Fees or Acceptance Fees received by it, by an amount deemed material by such Lender, Lender or such LC Issuer, or Acceptance Lender, Issuer as the case may be; , and the result of any of the foregoing is to increase the cost to such Lender, Lender or applicable Lending Installation, Installation or such LC Issuer, or Acceptance Lender, as the case may be, of making or maintaining its Eurodollar Loans or Commitment, Commitment or of issuing or participating in Facility LCs, or of accepting or participating in Acceptances LCs or to reduce the return received by such Lender, Lender or applicable Lending Installation, Installation or such LC Issuer, or Acceptance Lender, as the case may be, in connection with such Eurodollar Loans, Commitment, Facility LCs, Acceptances, Commitment or participations in Facility LCs or Acceptancesparticipations therein, then, within fifteen 15 days of demand by such Lender, Lender or such LC Issuer, or Acceptance Lender (any such demand to be made within 180 days of the date such Lender, LC Issuer, or Acceptance Lender obtains knowledge that it is entitled to compensation pursuant to this Section 3.1), as the case may be, the applicable Borrower or Borrowers shall pay such Lender, Lender or such LC Issuer, or Acceptance Lender, as the case may be, such additional amount or amounts as will compensate such Lender, LC Issuer, or Acceptance Lender, as the case may be, Lender for such increased cost or reduction in amount received.

Appears in 2 contracts

Samples: Credit Agreement (Idaho Power Co), Credit Agreement (Idaho Power Co)

Yield Protection. If, on or after the Closing Datedate of this Agreement, the adoption of any law or any governmental or quasi-governmental rule, regulation, policy, guideline, guideline or directive (whether or not having the force of law), or any change in the interpretation or administration thereof by any governmental or quasi-governmental authority, central bank, bank or comparable agency charged with the interpretation or administration thereof, or compliance by any Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer with any request or directive (whether or not having the force of law) of any such authority, central bank, bank or comparable agency: (ai) subjects any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to any Taxes, or changes the basis of taxation of payments (other than with respect to Excluded Taxes) to any Lender, Lender or the LC Issuer or Acceptance Lender in respect of its Eurodollar Loans, Facility LCs, Acceptances, LCs or participations therein;, or (bii) imposes or increases or deems applicable any reserve, assessment, insurance charge, special deposit, deposit or similar requirement against assets of, deposits with or for the account of, or credit extended by, any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer (other than reserves and assessments taken into account in determining the interest rate applicable to Eurodollar Advances); , or (ciii) imposes any other condition the result of which is to increase the cost to any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer of making, funding, funding or maintaining its Eurodollar Loans, or of issuing or participating in Facility LCs or AcceptancesLCs, or reduces any amount receivable by any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer in connection with its Eurodollar Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, or requires any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to make any payment calculated by reference to the amount of Eurodollar Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptances therein held or interest or LC Fees or Acceptance Fees received by it, by an amount deemed material by such Lender, or the LC Issuer, or Acceptance Lender, Issuer as the case may be; , and the result of any of the foregoing is to increase the cost to such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, of making or maintaining its Eurodollar Loans or Commitment, Commitment or of issuing or participating in Facility LCs, or of accepting or participating in Acceptances LCs or to reduce the return received by such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, in connection with such Eurodollar Loans, Commitment, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, then, within fifteen (15) days of demand by such Lender, Lender or the LC Issuer, or Acceptance Lender (any such demand to be made within 180 days of the date such Lender, LC Issuer, or Acceptance Lender obtains knowledge that it is entitled to compensation pursuant to this Section 3.1), as the case may be, the applicable Borrower or Borrowers shall pay such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, such additional amount or amounts as will compensate such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, for such increased cost or reduction in amount received.

Appears in 2 contracts

Samples: Credit Agreement (BJS Wholesale Club Inc), Credit Agreement (BJS Wholesale Club Inc)

Yield Protection. If, on or after the Closing Datedate of this Agreement, the adoption of any law Law or any governmental or quasi-governmental rule, regulation, policy, guideline, guideline or directive (whether or not having the force of lawLaw), or any change in the interpretation or administration thereof by any governmental or quasi-governmental authority, central bank, bank or comparable agency charged with the interpretation or administration thereof, or compliance by any Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer with any request or directive (whether or not having the force of lawLaw) of any such authority, central bank, bank or comparable agency: (ai) subjects any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to any Taxes, or changes the basis of taxation of payments (other than with respect to Excluded Taxes) to any Lender, Lender or the LC Issuer or Acceptance Lender in respect of its Eurodollar Loans, Loans or Facility LCs, Acceptances, LCs or participations therein;, or (bii) imposes or increases or deems applicable any reserve, assessment, insurance charge, special deposit, deposit or similar requirement against assets of, deposits with or for the account of, or credit extended by, any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer (other than reserves and assessments taken into account in determining the interest rate applicable to Eurodollar Advances); , or (ciii) imposes any other condition the result of which is to increase the cost to any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer of making, funding, funding or maintaining its Eurodollar Loans, Loans or of issuing or participating in Facility LCs or AcceptancesLCs, or reduces any amount receivable by any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer in connection with its Eurodollar Loans, Facility LCs, Acceptances, Loans or participations in Facility LCs or Acceptancesparticipations therein, or requires any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to make any payment calculated by reference to the amount of Eurodollar Loans, Facility LCs, Acceptances, or participations in Facility LCs or Acceptances Loans held or interest or LC Fees or Acceptance Fees received by it, by an amount deemed material by such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be; , and the result of any of the foregoing is to increase the cost to such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, of making or maintaining its Eurodollar Loans or Commitment, of Commitment or issuing or participating in Facility LCs, or of accepting or participating in Acceptances or to reduce the return received by such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, in connection with such Eurodollar Loans, Commitment, Facility LCs, Acceptances, Loans or participations in Commitment or Facility LCs or Acceptancesparticipations therein, then, within fifteen 15 days of demand by such Lender, Lender or the LC Issuer, or Acceptance Lender (any such demand to be made within 180 days of the date such Lender, LC Issuer, or Acceptance Lender obtains knowledge that it is entitled to compensation pursuant to this Section 3.1), as the case may be, the applicable Borrower or Borrowers shall pay such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, Issuer such additional amount or amounts as will compensate such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, Issuer for such increased cost or reduction in amount received.

Appears in 2 contracts

Samples: Credit Agreement (Petroquest Energy Inc), Credit Agreement (Petroquest Energy Inc)

Yield Protection. If, on or after the Closing Datedate of this Agreement, the adoption of any law or any governmental or quasi-governmental rule, regulation, policy, guideline, guideline or directive (whether or not having the force of law), or any change in the interpretation or administration thereof by any governmental or quasi-governmental authority, central bank, bank or comparable agency charged with the interpretation or administration thereof, or compliance by any Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer with any request or directive (whether or not having the force of law) of any such authority, central bank, bank or comparable agency: (ai) subjects any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to any Taxes, or changes the basis of taxation of payments (other than with respect to Excluded Taxes) to any Lender, Lender or the LC Issuer or Acceptance Lender in respect of its Eurodollar Loans, Facility LCs, Acceptances, LCs or participations therein;, or (bii) imposes or increases or deems applicable any reserve, assessment, insurance charge, special deposit, deposit or similar requirement against assets of, deposits with or for the account of, or credit extended by, any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer (other than reserves and assessments taken into account in determining the interest rate applicable to Eurodollar Advances); , or (ciii) imposes any other condition the result of which is to increase the cost to any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer of making, funding, funding or maintaining its Eurodollar Loans, or of issuing or participating in Facility LCs or AcceptancesLCs, or reduces any amount receivable by any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer in connection with its Eurodollar Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, or requires any Lender, Lender or any applicable Lending Installation, Installation or LC Issuer, or Acceptance Lender Issuer to make any payment calculated by reference to the amount of Eurodollar Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptances therein held or interest or LC Fees or Acceptance Fees received by it, by an amount deemed material by such Lender, Lender or the LC Issuer, or Acceptance Lender, Issuer as the case may be; , and the result of any of the foregoing is to increase the cost to such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, of making or maintaining its Eurodollar Loans or Commitment, Commitment or of issuing or participating in Facility LCs, or of accepting or participating in Acceptances LCs or to reduce the return received by such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, in connection with such Eurodollar Loans, Commitment, Facility LCs, Acceptances, Commitment or participations in Facility LCs or Acceptancesparticipations therein, then, within fifteen 15 days of demand by such Lender, Lender or the LC Issuer, or Acceptance Lender (any such demand to be made within 180 days of the date such Lender, LC Issuer, or Acceptance Lender obtains knowledge that it is entitled to compensation pursuant to this Section 3.1), as the case may be, the applicable Borrower or Borrowers shall pay such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, such additional amount or amounts as will compensate such Lender, LC Issuer, or Acceptance Lender, as the case may be, Lender for such increased cost or reduction in amount received.

Appears in 2 contracts

Samples: Credit Agreement (Coachmen Industries Inc), Credit Agreement (Coachmen Industries Inc)

Yield Protection. If, on or after the Closing Datedate of this Agreement, the adoption of any law or any governmental or quasi-governmental rule, regulation, policy, guideline, guideline or directive (whether or not having the force of law), or any change in the interpretation or administration thereof by any governmental or quasi-governmental authority, central bank, bank or comparable agency charged with the interpretation or administration thereof, or compliance by any Lender, Lender or applicable Lending Installation, Installation or any LC Issuer, or Acceptance Lender Issuer with any request or directive (whether or not having the force of law) of any such authority, central bank, bank or comparable agency: (ai) subjects any Lender, Lender or any applicable Lending Installation, Installation or any LC Issuer, or Acceptance Lender Issuer to any Taxes, or changes the basis of taxation of payments (other than with respect to Excluded Taxes) to any Lender, Lender or any LC Issuer or Acceptance Lender in respect of its Eurodollar Loans, Facility LCs, Acceptances, LCs or participations therein;, or (bii) imposes or increases or deems applicable any reserve, assessment, insurance charge, special deposit, deposit or similar requirement against assets of, deposits with or for the account of, or credit extended by, any Lender, Lender or any applicable Lending Installation, Installation or any LC Issuer, or Acceptance Lender Issuer (other than reserves and assessments taken into account in determining the interest rate applicable to Eurodollar Advances); , or (ciii) imposes any other condition the result of which is to increase the cost to any Lender, Lender or any applicable Lending Installation, Installation or any LC Issuer, or Acceptance Lender Issuer of making, funding, funding or maintaining its Eurodollar Loans, or of issuing or participating in Facility LCs or AcceptancesLCs, or reduces any amount receivable by any Lender, Lender or any applicable Lending Installation, Installation or any LC Issuer, or Acceptance Lender Issuer in connection with its Eurodollar Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, or requires any Lender, Lender or any applicable Lending Installation, Installation or any LC Issuer, or Acceptance Lender Issuer to make any payment calculated by reference to the amount of Eurodollar Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptances therein held or interest or LC Fees or Acceptance Fees received by it, by an amount deemed material by such Lender, Lender or such LC Issuer, or Acceptance Lender, as the case may be; , and the result of any of the foregoing is to increase the cost to such Lender, Lender or applicable Lending Installation, Installation or such LC Issuer, or Acceptance Lender, as the case may be, of making or maintaining its Eurodollar Loans or Commitment, Commitment or of issuing or participating in Facility LCs, or of accepting or participating in Acceptances LCs or to reduce the return received by such Lender, Lender or applicable Lending Installation, Installation or such LC Issuer, or Acceptance Lender, as the case may be, in connection with such Eurodollar Loans, Commitment, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, then, within fifteen 15 days of demand by such Lender, Lender or such LC Issuer, or Acceptance Lender (any such demand to be made within 180 days of the date such Lender, LC Issuer, or Acceptance Lender obtains knowledge that it is entitled to compensation pursuant to this Section 3.1), as the case may be, the applicable Borrower or Borrowers shall pay such Lender, Lender or such LC Issuer, or Acceptance Lender, as the case may be, such additional amount or amounts as will compensate such Lender, Lender or such LC Issuer, or Acceptance Lender, as the case may be, for such increased cost or reduction in amount received.

Appears in 2 contracts

Samples: Credit Agreement (Duquesne Light Holdings Inc), Credit Agreement (Duquesne Light Holdings Inc)

Yield Protection. If, on or after the Closing Datedate of this Agreement, the adoption of any law or any governmental or quasi-governmental rule, regulation, policy, guideline, guideline or directive (whether or not having the force of law), or any change in the interpretation interpretation, promulgation, implementation or administration thereof thereof, including, notwithstanding the foregoing, all requests, rules, guidelines or directives in connection with the Xxxx-Xxxxx Xxxx Street Reform and Consumer Protection Act regardless of the date enacted, adopted or issued, by any governmental or quasi-governmental authority, central bank, bank or comparable agency charged with the interpretation or administration thereof, thereof or compliance by any Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer with any request or directive (whether or not having the force of law) of any such authority, central bank, bank or comparable agency:agency related to such new adoption, interpretation or decision (a “Regulatory Change”): (a) subjects any Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to any Taxes, or changes the basis of taxation of payments (other than with respect to Excluded Taxes) to any Lender, Lender or the LC Issuer or Acceptance Lender in respect of its Eurodollar Eurocurrency Loans, Facility LCs, Acceptances, LCs or participations therein;, (b) imposes or imposes, increases or deems applicable any reserve, assessment, insurance charge, special deposit, deposit or similar requirement against assets of, deposits with or for the account of, or credit extended by, any Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer (other than reserves and assessments taken into account in determining the interest rate applicable to Eurodollar Eurocurrency Advances); , or (c) imposes any other condition the result of which is to increase the cost to any Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer of making, funding, funding or maintaining its Eurodollar Eurocurrency Loans, or of issuing or participating in Facility LCs or AcceptancesLCs, or reduces any amount receivable by any Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer in connection with its Eurodollar Eurocurrency Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, or requires any Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to make any payment calculated by reference to the amount of Eurodollar Eurocurrency Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptances therein held or interest or LC Fees or Acceptance Fees received by it, by an amount deemed material by such Lender, Lender or the LC Issuer, or Acceptance Lender, Issuer as the case may be; , and the result of any of the foregoing is to increase the cost to such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, of making or maintaining its Eurodollar Eurocurrency Loans or Commitment, Commitment or of issuing or participating in Facility LCs, or of accepting or participating in Acceptances LCs or to reduce the return received by such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, in connection with such Eurodollar Loans, Eurocurrency Loans or Commitment, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, then, within fifteen 15 days of demand by such Lender, Lender or the LC Issuer, or Acceptance Lender (any such demand to be made within 180 days of the date such Lender, LC Issuer, or Acceptance Lender obtains knowledge that it is entitled to compensation pursuant to this Section 3.1), as the case may be, the applicable Borrower or Borrowers shall pay such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, such additional amount or amounts as will compensate such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, for such increased cost or reduction in amount received.

Appears in 2 contracts

Samples: Credit Agreement (Roadrunner Transportation Systems, Inc.), Credit Agreement (Roadrunner Transportation Systems, Inc.)

Yield Protection. If, on or after the Closing Datedate of this Agreement, the adoption of any law or any governmental or quasi-governmental rule, regulation, policy, guideline, guideline or directive (whether or not having the force of law), or any change in the interpretation or administration thereof by any governmental or quasi-governmental authority, central bank, bank or comparable agency charged with the interpretation or administration thereof, or compliance by any Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer with any request or directive (whether or not having the force of law) of any such authority, central bank, bank or comparable agency: (ai) subjects any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to any Taxes, or changes the basis of taxation of payments (other than with respect to Excluded Taxes) to any Lender, Lender or the LC Issuer or Acceptance Lender in respect of its Eurodollar Loans, Facility LCs, Acceptances, LCs or participations therein;, or (bii) imposes or increases or deems applicable any reserve, assessment, insurance charge, special deposit, deposit or similar requirement against assets of, deposits with or for the account of, or credit extended by, any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer (other than reserves and assessments taken into account in determining the interest rate applicable to Eurodollar Advances); , or (ciii) imposes any other condition the result of which is to increase the cost to any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer of making, funding, funding or maintaining its Eurodollar Loans, or of issuing or participating in Facility LCs or AcceptancesLCs, or reduces any amount receivable by any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer in connection with its Eurodollar Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, or requires any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to make any payment calculated by reference to the amount of Eurodollar Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptances therein held or interest or LC Fees or Acceptance Fees received by it, by an amount deemed material by such Lender, Lender or the LC Issuer, or Acceptance Lender, Issuer as the case may be; , and the result of any of the foregoing is to increase the cost to such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, of making or maintaining its Eurodollar Loans or Commitment, Commitment or of issuing or participating in Facility LCs, or of accepting or participating in Acceptances LCs or to reduce the return received by such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, in connection with such Eurodollar Loans, Commitment, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, then, within fifteen 15 days of demand by such Lender, Lender or the LC Issuer, or Acceptance Lender (any such demand to be made within 180 days of the date such Lender, LC Issuer, or Acceptance Lender obtains knowledge that it is entitled to compensation pursuant to this Section 3.1), as the case may be, the applicable Borrower or Borrowers shall pay such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, such additional amount or amounts as will compensate such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, for such increased cost or reduction in amount received.

Appears in 2 contracts

Samples: Credit Agreement (Clark Inc), Credit Agreement (Clark Inc)

Yield Protection. If, on or after the Closing Effective Date, the adoption of any law or any governmental or quasi-governmental rule, regulation, policy, guideline, guideline or directive (whether or not having the force of law), or any change in the interpretation or administration thereof by any governmental or quasi-governmental authority, central bank, bank or comparable agency charged with the interpretation or administration thereof, or compliance by any Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer with any request or directive (whether or not having the force of law) of any such authority, central bank, bank or comparable agency: (a) subjects any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to any Taxes, or changes the basis of taxation of payments (other than with respect to Excluded Taxes) to any Lender, Lender or the LC Issuer or Acceptance Lender in respect of its Eurodollar Fixed Rate Loans, Facility LCs, Acceptances, LCs or participations therein;, or (b) imposes or increases or deems applicable any reserve, assessment, insurance charge, special deposit, deposit or similar requirement against assets of, deposits with or for the account of, or credit extended by, any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer (other than reserves and assessments taken into account in determining the interest rate applicable to Eurodollar Fixed Rate Advances); , or (c) imposes any other condition the result of which is to increase the cost to any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer of making, funding, funding or maintaining its Eurodollar Fixed Rate Loans, or of issuing or participating in Facility LCs or AcceptancesLCs, or reduces any amount receivable by any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer in connection with its Eurodollar Fixed Rate Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, or requires any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to make any payment calculated by reference to the amount of Eurodollar Fixed Rate Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptances therein held or interest or LC Fees or Acceptance Fees received by it, by an amount deemed material by such Lender, Lender or the LC Issuer, or Acceptance Lender, Issuer as the case may be; , and the result of any of the foregoing is to increase the cost to such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, of making or maintaining its Eurodollar Fixed Rate Loans or Commitment, Commitment or of issuing or participating in Facility LCs, or of accepting or participating in Acceptances LCs or to reduce the return received by such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, in connection with such Eurodollar Fixed Rate Loans, Commitment, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, then, within fifteen 15 days of demand by such Lender, Lender or the LC Issuer, or Acceptance Lender (any such demand to be made within 180 days of the date such Lender, LC Issuer, or Acceptance Lender obtains knowledge that it is entitled to compensation pursuant to this Section 3.1), as the case may be, the applicable Borrower or Borrowers shall pay such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, such additional amount or amounts as will compensate such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, for such increased cost or reduction in amount received.

Appears in 2 contracts

Samples: Credit Agreement (Park Ohio Industries Inc/Oh), Credit Agreement (Park Ohio Holdings Corp)

Yield Protection. If, on or after the Closing Datedate of this Agreement, the adoption of any law or any governmental or quasi-governmental rule, regulation, policy, guideline, guideline or directive (whether or not having the force of law), or any change in the interpretation or administration thereof by any governmental or quasi-governmental authority, central bank, bank or comparable agency charged with the interpretation or administration thereof, or compliance by the Swingline Lender or any Lender, LC Issuer or applicable Lending Installation, LC Issuer, or Acceptance Lender Installation with any request or directive (whether or not having the force of law) of any such authority, central bank, bank or comparable agency: (ai) subjects any Lender, Swingline Lender, LC Issuer or applicable Lending Installation, LC Issuer, or Acceptance Lender Installation to any Taxes, or changes the basis of taxation of payments (other than with respect to Excluded Taxes) to any Lender, Swingline Lender, LC Issuer or Acceptance Lender applicable Lending Installation in respect of its Eurodollar Loans, Swingline Loans, Facility LCs, Acceptances, LCs or participations therein;, or (bii) imposes or imposes, increases or deems applicable any reserve, assessment, insurance charge, special deposit, deposit or similar requirement against assets of, deposits with or for the account of, or credit extended by, any Lender, Swingline Lender, LC Issuer or applicable Lending Installation, LC Issuer, or Acceptance Lender Installation (other than reserves and assessments taken into account in determining the interest rate applicable to Eurodollar AdvancesLoans); , or (ciii) imposes any other condition the result of which is to increase the cost to any Lender, Swingline Lender, LC Issuer or applicable Lending Installation, LC Issuer, or Acceptance Lender Installation of making, funding, funding or maintaining its Eurodollar Loans, or making, funding, maintaining or participating in Swingline Loans or of issuing or participating in Facility LCs or AcceptancesLCs, or reduces any amount receivable by any Lender, Swingline Lender, LC Issuer or applicable Lending Installation, LC Issuer, or Acceptance Lender Installation in connection with its Eurodollar Loans, Facility LCs, Acceptances, Swingline Loans or participations in therein, Facility LCs or Acceptancesparticipations therein, or requires any Lender, Swingline Lender, LC Issuer or applicable Lending Installation, LC Issuer, or Acceptance Lender Installation to make any payment calculated by reference to the amount of Eurodollar Loans, Facility LCs, Acceptances, Swingline Loans or participations in therein or Facility LCs or Acceptances participations therein held or interest or LC Fees or Acceptance Fees received by it, by an amount deemed material by such Lender, Swingline Lender or LC Issuer, or Acceptance Lender, as the case may be; , and the result of any of the foregoing is to increase the cost to such Lender, Swingline Lender, LC Issuer or applicable Lending Installation, LC Issuer, or Acceptance Lender, as the case may be, of (a) making or maintaining its Eurodollar Loans Loans, (b) making, maintaining or Commitmentparticipating in Swingline Loans, of (c) making or maintaining its Commitment or (d) issuing or participating in Facility LCs, or of accepting or participating in Acceptances LCs or to reduce the return received by such Lender, Swingline Lender, LC Issuer or applicable Lending Installation, LC Issuer, or Acceptance Lender, as the case may be, Installation in connection with such Eurodollar Loans, Commitment, Facility LCs, AcceptancesSwingline Loans or participations therein, or participations in Facility LCs or Acceptances, participations therein then, within fifteen 15 days of demand by such Lender, Swingline Lender or LC Issuer, or Acceptance Lender (any such demand to be made within 180 days of the date such Lender, LC Issuer, or Acceptance Lender obtains knowledge that it is entitled to compensation pursuant to this Section 3.1), as the case may be, the applicable Borrower or Borrowers shall pay such Lender, Swingline Lender or LC Issuer, or Acceptance Lender, as the case may be, Issuer such additional amount or amounts as will compensate such Lender, Swingline Lender, LC Issuer, Issuer or Acceptance LenderLending Installation, as the case may be, for such increased cost or reduction in amount received.

Appears in 2 contracts

Samples: Credit Agreement (Puget Sound Energy Inc), Credit Agreement (Puget Sound Energy Inc)

Yield Protection. If, on or after the Closing Datedate hereof, the adoption of or any ----------------- change in any law or any governmental or quasi-governmental rule, regulation, policy, guideline, guideline or directive (whether or not having the force of law), or any change in the interpretation or administration thereof by any governmental or quasi-governmental authority, central bank, or comparable agency charged with the interpretation or administration thereof, or the compliance by any Lender, applicable Lending Installation, LC Issuer, or Acceptance Lender with any request or directive (whether or not having the force of law) of any such authority, central bank, or comparable agency:Lender therewith, (a) subjects any Lender, Lender or any applicable Lending Installation, LC Issuer, or Acceptance Lender Installation to any Taxestax, duty, charge or withholding on or from payments due from the Borrower (excluding taxation of the overall net income of any Lender or applicable Lending Installation imposed by the jurisdiction in which such Lender or Lending Installation is incorporated or has its principal place of business), or changes (excluding increases in the income tax rates imposed by the jurisdiction in which the applicable Lender or Lending Installation is incorporated or has its principal place of business) the basis of taxation of principal, interest or any other payments (other than with respect to Excluded Taxes) to any Lender, LC Issuer Lender or Acceptance Lender Lending Installation in respect of its Eurodollar LoansLoans or other amounts due it hereunder, Facility LCs, Acceptances, or participations therein;or (b) imposes or increases or deems applicable any reserve, assessment, insurance charge, special deposit, deposit or similar requirement against assets of, deposits with or for the account of, or credit extended by, any Lender, Lender or any applicable Lending Installation, LC Issuer, or Acceptance Lender Installation (other than reserves and assessments taken into account in determining the interest rate applicable to Eurodollar Advances); , or (c) imposes any other condition the result of which is to increase the cost to any Lender, Lender or any applicable Lending Installation, LC Issuer, or Acceptance Lender Installation of making, funding, funding or maintaining its Eurodollar Loans, or of issuing or participating in Facility LCs or Acceptances, Loans or reduces any amount receivable by any Lender, Lender or any applicable Lending Installation, LC Issuer, or Acceptance Lender Installation in connection with its Eurodollar any Loans, Facility LCs, Acceptances, or participations in Facility LCs or Acceptances, or requires any Lender, Lender or any applicable Lending Installation, LC Issuer, or Acceptance Lender Installation to make any payment calculated by reference to the amount of Eurodollar Loans, Facility LCs, Acceptances, or participations in Facility LCs or Acceptances Loans held or interest or LC Fees or Acceptance Fees received by it, by an amount deemed material by such Lender, LC Issuer, or Acceptance Lender, as the case may be; and the result of any of the foregoing is to increase the cost to such Lender, applicable Lending Installation, LC Issuer, or Acceptance Lender, as the case may be, of making or maintaining its Eurodollar Loans or Commitment, of issuing or participating in Facility LCs, or of accepting or participating in Acceptances or to reduce the return received by such Lender, applicable Lending Installation, LC Issuer, or Acceptance Lender, as the case may be, in connection with such Eurodollar Loans, Commitment, Facility LCs, Acceptances, or participations in Facility LCs or Acceptances, then, within fifteen 15 days of demand by such Lender, LC Issuer, or Acceptance Lender (any such demand to be made within 180 days of the date such Lender, LC Issuer, or Acceptance Lender obtains knowledge that it is entitled to compensation pursuant to this Section 3.1), as the case may be, the applicable Borrower or Borrowers shall pay such Lender, LC Issuer, or Acceptance Lender, as the case may be, such additional amount or amounts as will compensate such Lender, LC Issuer, or Acceptance Lender, as the case may be, for Lender that portion of such increased cost expense incurred or reduction resulting in an amount receivedreceived which such Lender determines is attributable to making, funding and maintaining its Loans and its Commitment.

Appears in 1 contract

Samples: Credit Agreement (Ralcorp Holdings Inc /Mo)

Yield Protection. If, on or after the Closing Datedate of this Agreement, the adoption of any law or any governmental or quasi-governmental rule, regulation, policy, guideline, guideline or directive (whether or not having the force of law), or any change in the interpretation or administration thereof by any governmental or quasi-governmental authority, central bank, bank or comparable agency charged with the interpretation or administration thereof, or compliance by any Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer with any request or directive (whether or not having the force of law) of any such authority, central bank, bank or comparable agency: (ai) subjects any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to any Taxes, or changes the basis of taxation of payments (other than with respect to Excluded Taxes) to any Lender, Lender or the LC Issuer or Acceptance Lender in respect of its Eurodollar Fixed Rate Loans, Facility LCs, Acceptances, LCs or participations therein;, or (bii) imposes or increases or deems applicable any reserve, assessment, insurance charge, special deposit, deposit or similar requirement against assets of, deposits with or for the account of, or credit extended by, any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer (other than reserves and assessments taken into account in determining the interest rate applicable to Eurodollar Advances); , or (ciii) imposes any other condition the result of which is to increase the cost to any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer of making, funding, funding or maintaining its Eurodollar Fixed Rate Loans, or of issuing or participating in Facility LCs or AcceptancesLCs, or reduces any amount receivable by any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer in connection with its Eurodollar Fixed Rate Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, or requires any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to make any payment calculated by reference to the amount of Eurodollar Fixed Rate Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptances therein held or interest or LC Fees or Acceptance Fees received by it, by an amount deemed material by such Lender, Lender or the LC Issuer, or Acceptance Lender, Issuer as the case may be; , and the result of any of the foregoing is to increase the cost to such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, of making or maintaining its Eurodollar Fixed Rate Loans or Commitment, Commitment or of issuing or participating in Facility LCs, or of accepting or participating in Acceptances LCs or to reduce the return received by such Lender, Lender or applicable Lending Installation, Installation or LC Issuer, or Acceptance Lender, as the case may be, in connection with such Eurodollar Fixed Rate Loans, Commitment, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, then, within fifteen 15 days of demand by such Lender, Lender or the LC Issuer, or Acceptance Lender Issuer (any such which demand to shall be made within 180 days accompanied by a statement of the date such Lenderbasis for, LC Issuerand calculation in reasonable detail of, or Acceptance Lender obtains knowledge that it is entitled to compensation pursuant to this Section 3.1the amount being demanded), as the case may be, the applicable Borrower or Borrowers shall pay such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, such additional amount or amounts as will compensate such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, Issuer for such increased cost or reduction in amount received.

Appears in 1 contract

Samples: Credit Agreement (Amli Residential Properties Trust)

Yield Protection. If, on or after the Closing Datedate of this Agreement, the adoption of any law or any governmental or quasi-governmental rule, regulation, policy, guideline, guideline or directive (whether or not having the force of law), or any change in the interpretation interpretation, promulgation, implementation or administration thereof by any governmental or quasi-governmental authority, central bank, bank or comparable agency charged with the interpretation or administration thereofthereof including, notwithstanding the foregoing, all requests, rules, guidelines or directives in connection with Dxxx-Fxxxx Xxxx Street Reform and Consumer Protection Act regardless of the date enacted, adopted or issued, or compliance by any Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer with any request or directive (whether or not having the force of law) of any such authority, central bank, bank or comparable agency: (a) subjects any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to any Taxes, or changes the basis of taxation of payments (other than with respect to Excluded Taxes) to any Lender, Lender or the LC Issuer or Acceptance Lender in respect of its Eurodollar Eurocurrency Loans or Daily Eurocurrency Loans, Facility LCs, Acceptances, LCs or participations therein;, or (b) imposes or increases or deems applicable any reserve, assessment, insurance charge, special deposit, deposit or similar requirement against assets of, deposits with or for the account of, or credit extended by, any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer (other than reserves and assessments taken into account in determining the interest rate applicable to Eurodollar Eurocurrency Advances); ) and Daily Eurocurrency Loans) or (c) imposes any other condition the result of which is to increase the cost to any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer of making, funding, funding or maintaining its Eurodollar Eurocurrency Loans or Daily Eurocurrency Loans, or of issuing or participating in Facility LCs or AcceptancesLCs, or reduces any amount receivable by any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer in connection with its Eurodollar Eurocurrency Loans, or Daily Eurocurrency Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, or requires any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to make any payment calculated by reference to the amount of Eurodollar Eurocurrency Loans, or Daily Eurocurrency Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptances therein held or interest or LC Fees or Acceptance Fees received by it, by an amount deemed material by such Lender, Lender or the LC Issuer, or Acceptance Lender, Issuer as the case may be; , and the result of any of the foregoing is to increase the cost to such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, of making or maintaining its Eurodollar Eurocurrency Loans or Commitment, Daily Eurocurrency Loans or Commitment or of issuing or participating in Facility LCs, or of accepting or participating in Acceptances LCs or to reduce the return received by such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, in connection with such Eurodollar Loans, Eurocurrency Loans or Daily Eurocurrency Loans or Commitment, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, then, within fifteen 15 days of demand by such Lender, Lender or the LC Issuer, or Acceptance Lender (any such demand to be made within 180 days of the date such Lender, LC Issuer, or Acceptance Lender obtains knowledge that it is entitled to compensation pursuant to this Section 3.1), as the case may be, the applicable Borrower or Borrowers shall pay such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, such additional amount or amounts as will compensate such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, for such increased cost or reduction in amount received. Failure or delay on the part of any such Person to demand compensation pursuant to this Section 3.1 shall not constitute a waiver of such Person’s right to demand such compensation; provided that the Borrower shall not be required to compensate a Person pursuant to this Section 3.1 for any increased costs or reductions suffered more than 270 days prior to the date that such Person notifies the Borrower of the circumstances giving rise to such increased costs or reductions and of such Person’s intention to claim compensation therefor; provided further, that if the circumstance giving rise to such increased costs or reductions is retroactive, then the 270-day period referred to above shall be extended to include the period of retroactive effect thereof.

Appears in 1 contract

Samples: Credit Agreement (Orchids Paper Products CO /DE)

Yield Protection. If, on or after the Closing Datedate of this Agreement, the adoption of any law change in any Requirement of Law or any governmental or quasi-governmental rule, regulation, policy, guideline, or directive (whether or not having the force of law), or any change in the interpretation or administration thereof by any governmental or quasi-governmental authority, central bank, bank or comparable agency charged with the interpretation or administration thereof, or compliance by any Lender, Lender or LC Issuer or applicable Lending Installation, LC Issuer, or Acceptance Lender Installation with any request or directive (whether or not having the force of law) of any such authority, central bank, bank or comparable agency: (ai) subjects any Lender, Lender or LC Issuer or any applicable Lending Installation, LC Issuer, or Acceptance Lender Installation to any Taxes, or changes the basis of taxation of payments (other than with respect to Excluded Taxes) to any Lender, Lender or LC Issuer or Acceptance Lender in respect of its Eurodollar Loans, Facility LCs, Acceptances, LCs or participations therein;, or (bii) imposes or increases or deems applicable any reserve, assessment, insurance charge, special deposit, deposit or similar requirement against assets of, deposits with or for the account of, or credit extended by, any Lender, Lender or LC Issuer or any applicable Lending Installation, LC Issuer, or Acceptance Lender Installation (other than reserves and assessments taken into account in determining the interest rate applicable to Eurodollar Advances); , or (ciii) imposes on such Lender or LC Issuer or any applicable Lending Installation any other condition the result of which is to increase the cost to any Lendercondition, applicable Lending Installation, LC Issuer, or Acceptance Lender of making, funding, or maintaining its Eurodollar Loans, or of issuing or participating in Facility LCs or Acceptances, or reduces any amount receivable by any Lender, applicable Lending Installation, LC Issuer, or Acceptance Lender in connection with its Eurodollar Loans, Facility LCs, Acceptances, or participations in Facility LCs or Acceptances, or requires any Lender, applicable Lending Installation, LC Issuer, or Acceptance Lender to make any payment calculated by reference to the amount of Eurodollar Loans, Facility LCs, Acceptances, or participations in Facility LCs or Acceptances held or interest or LC Fees or Acceptance Fees received by it, by an amount deemed material by such Lender, LC Issuer, or Acceptance Lender, as the case may be; and the result of any of the foregoing is to increase the cost to such Lender, Lender or LC Issuer or applicable Lending Installation, LC Issuer, or Acceptance Lender, as the case may be, of making or maintaining its Eurodollar Loans or Commitment, Commitment or of issuing or participating in Facility LCs, or of accepting or participating in Acceptances LCs or to reduce the return received by such Lender, Lender or LC Issuer or applicable Lending Installation, LC Issuer, or Acceptance Lender, as the case may be, in connection with such Eurodollar Loans, or Commitment, Facility LCs, Acceptances, or participations in Facility LCs or Acceptancesparticipations therein, then, within fifteen 15 days of demand by such Lender, Lender or LC Issuer, or Acceptance Lender (any such demand to be made within 180 days of the date such Lender, LC Issuer, or Acceptance Lender obtains knowledge that it is entitled to compensation pursuant to this Section 3.1), as the case may be, the applicable Borrower or Borrowers shall pay such Lender, Lender or LC Issuer, or Acceptance Lender, as the case may be, such additional amount or amounts as will compensate such Lender, Lender or LC Issuer, or Acceptance Lender, as the case may be, for such increased cost or reduction in amount received.

Appears in 1 contract

Samples: Credit Agreement (Ryland Group Inc)

Yield Protection. If, on or after the Closing Datedate of this Agreement, the adoption of any law or any governmental or quasi-governmental rule, regulation, policy, guideline, guideline or directive (whether or not having the force of law), or any change in the interpretation interpretation, promulgation, implementation or administration thereof by any governmental or quasi-governmental authority, central bank, bank or comparable agency charged with the interpretation or administration thereofthereof including, notwithstanding the foregoing, all requests, rules, guidelines or directives in connection with Xxxx-Xxxxx Xxxx Street Reform and Consumer Protection Act regardless of the date enacted, adopted or issued, or compliance by any Lender, Lender or applicable Lending Installation, LC Issuer, Installation or Acceptance the Issuing Lender with any request or directive (whether or not having the force of law) of any such authority, central bank, bank or comparable agency: (a) subjects any Lender, Lender or any applicable Lending Installation, LC Issuer, Installation or Acceptance the Issuing Lender to any Taxes, or changes the basis of taxation of payments (other than with respect to Excluded Taxes) to any Lender, LC Issuer Lender or Acceptance the Issuing Lender in respect of its Eurodollar LIBOR Rate Loans, Facility LCs, Acceptances, Letters of Credit or participations therein;, or (b) imposes or increases or deems applicable any reserve, assessment, insurance charge, special deposit, deposit or similar requirement against assets of, deposits with or for the account of, or credit extended by, any Lender, Lender or any applicable Lending Installation, LC Issuer, Installation or Acceptance the Issuing Lender (other than reserves and assessments taken into account in determining the interest rate applicable to Eurodollar AdvancesLIBOR Rate Loan advances); , or (c) imposes any other condition the result of which is to increase the cost to any Lender, Lender or any applicable Lending Installation, LC Issuer, Installation or Acceptance the Issuing Lender of making, funding, funding or maintaining its Eurodollar LIBOR Rate Loans, or of issuing or participating in Facility LCs or AcceptancesLetters of Credit, or reduces any amount receivable by any Lender, Lender or any applicable Lending Installation, LC Issuer, Installation or Acceptance the Issuing Lender in connection with its Eurodollar LIBOR Rate Loans, Facility LCs, Acceptances, Letters of Credit or participations in Facility LCs or Acceptancestherein, or requires any Lender, Lender or any applicable Lending Installation, LC Issuer, Installation or Acceptance the Issuing Lender to make any payment calculated by reference to the amount of Eurodollar LIBOR Rate Loans, Facility LCs, Acceptances, Letters of Credit or participations in Facility LCs or Acceptances therein held or interest or LC Fees or Acceptance Fees fees for Letters of Credit received by it, by an amount deemed material by such Lender, LC Issuer, Lender or Acceptance Lender, the Issuing Lender as the case may be; , and the result of any of the foregoing is to increase the cost to such Lender, Lender or applicable Lending Installation, LC Issuer, Installation or Acceptance the Issuing Lender, as the case may be, of making or maintaining its Eurodollar LIBOR Rate Loans or Commitment, Commitment or of issuing or participating in Facility LCs, or Letters of accepting or participating in Acceptances Credit or to reduce the return received by such Lender, Lender or applicable Lending Installation, LC Issuer, Installation or Acceptance the Issuing Lender, as the case may be, in connection with such Eurodollar Loans, LIBOR Rate Loans or Commitment, Facility LCs, Acceptances, Letters of Credit or participations in Facility LCs or Acceptancestherein, then, within fifteen 15 days of demand by such Lender or the Issuing Lender, LC Issuer, or Acceptance Lender (any such demand to be made within 180 days of the date such Lender, LC Issuer, or Acceptance Lender obtains knowledge that it is entitled to compensation pursuant to this Section 3.1), as the case may be, the applicable Borrower or Borrowers shall pay such Lender, LC Issuer, Lender or Acceptance the Issuing Lender, as the case may be, such additional amount or amounts as will compensate such Lender, LC Issuer, Lender or Acceptance the Issuing Lender, as the case may be, for such increased cost or reduction in amount received.

Appears in 1 contract

Samples: Credit Agreement (QC Holdings, Inc.)

Yield Protection. If, on or after the Closing Date, the adoption of If any law or any governmental or quasi-governmental rule, regulation, policy, guideline, guideline or directive (whether or not having the force of law), or any change in the interpretation or administration thereof by any governmental or quasi-governmental authority, central bank, or comparable agency charged with the interpretation or administration thereof, or the compliance by of any Lender, applicable Lending Installation, Swing Line Lender or LC Issuer, or Acceptance Lender with any request or directive (whether or not having the force of law) of any such authority, central bank, or comparable agency:Issuer therewith, (ai) subjects any Lender, Swing Line Lender or LC Issuer or its applicable Lending Installation, LC Issuer, or Acceptance Lender Installation to any Taxestax, duty, charge or withholding on or from payments due from the Borrower (excluding taxation of the overall net income of such Lender, Swing Line Lender or LC Issuer or its applicable Lending Installation imposed by the jurisdiction or taxing authority in which its principal executive office or Lending Installation is located), or changes the basis of taxation of payments (other than with respect to Excluded Taxes) to any Lender, Swing Line Lender or LC Issuer or Acceptance Lender in respect of its Eurodollar Loans, Facility LCs, Acceptances, or participations therein;, or other amounts due it hereunder, or (bii) imposes or increases or deems applicable any reserve, assessment, insurance charge, special deposit, deposit or similar requirement against assets of, deposits with or for the account of, or credit extended by, any Lender, Swing Line Lender or LC Issuer or its applicable Lending Installation, LC Issuer, or Acceptance Lender Installation (other than reserves and assessments taken into account in determining the interest rate applicable to Eurodollar Advances); , or (ciii) imposes any other condition the result of which is to increase the cost to any Lender, Swing Line Lender or LC Issuer or its applicable Lending Installation, LC Issuer, or Acceptance Lender Installation of making, funding, funding or maintaining its Eurodollar Loans, Loans or of issuing or participating in Facility LCs or AcceptancesSwing Line Loans, or reduces any amount receivable by any Lender, Swing Line Lender or LC Issuer or its applicable Lending Installation, LC Issuer, or Acceptance Lender Installation in connection with its Eurodollar Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, or requires any Lender, Swing Line Lender or LC Issuer or its applicable Lending Installation, LC Issuer, or Acceptance Lender Installation to make any payment calculated by reference to the amount of Eurodollar Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptances therein held or interest or LC Fees or Acceptance Fees received by it, by an amount deemed material by such Lenderit, LC Issuer, or Acceptance Lender, as the case may be; and the result of any of the foregoing is to increase the cost to such Lender, Swing Line Lender, or LC Issuer or its applicable Lending Installation, LC Issuer, or Acceptance Lender, as the case may be, of making or maintaining its Eurodollar Loans or Commitment, Commitment or of issuing or participating in Facility LCs, LCs or of accepting or participating in Acceptances Swing Line Loans or to reduce the return received by such Lender, Swing Line Lender, or LC Issuer or its applicable Lending Installation, LC Issuer, or Acceptance Lender, as the case may be, in connection with such Eurodollar Loans, Commitment, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, then, within fifteen 15 days of demand by such Lender, Swing Line Lender, or LC Issuer, or Acceptance Lender (any such demand to be made within 180 days of the date such Lender, LC Issuer, or Acceptance Lender obtains knowledge that it is entitled to compensation pursuant to this Section 3.1), as the case may be, the applicable Borrower or Borrowers shall pay such Lender, Swing Line Lender, or LC Issuer, or Acceptance Lender, as the case may be, such additional amount or amounts as will compensate such Lender, LC Issuer, or Acceptance Lender, as the case may be, it for such increased cost or reduction in amount received.

Appears in 1 contract

Samples: Credit Agreement (Global Payments Inc)

Yield Protection. If, on or after the Closing Datedate of this Agreement, the adoption of any law or any governmental or quasi-governmental rule, regulation, policy, guideline, guideline or directive (whether or not having the force of law), or any change in the interpretation or administration thereof by any governmental or quasi-governmental authority, central bank, bank or comparable agency charged with the interpretation interpretation, promulgation, implementation or administration thereofthereof including, notwithstanding the foregoing, all requests, rules, guidelines or directives in connection with the Xxxx-Xxxxx Xxxx Street Reform and Consumer Protection Act regardless of the date enacted, adopted or issued, or compliance by any Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer with any request or directive (whether or not having the force of law) of any such authority, central bank, bank or comparable agency:agency related to such new adoption, interpretation or decision (a “Regulatory Change”): (a) subjects any Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to any Taxes, or changes the basis of taxation of payments (other than with respect to Excluded Taxes) to any Lender, Lender or the LC Issuer or Acceptance Lender in respect of its Eurodollar Eurocurrency Loans, Facility LCs, Acceptances, LCs or participations therein;, (b) imposes or imposes, increases or deems applicable any reserve, assessment, insurance charge, special deposit, deposit or similar requirement against assets of, deposits with or for the account of, or credit extended by, any Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer (other than reserves and assessments taken into account in determining the interest rate applicable to Eurodollar Eurocurrency Advances); , or (c) imposes any other condition the result of which is to increase the cost to any Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer of making, funding, funding or maintaining its Eurodollar Eurocurrency Loans, or of issuing or participating in Facility LCs or AcceptancesLCs, or reduces any amount receivable by any Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer in connection with its Eurodollar Eurocurrency Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, or requires any Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to make any payment calculated by reference to the amount of Eurodollar Eurocurrency Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptances therein held or interest or LC Fees or Acceptance Fees received by it, by an amount deemed material by such Lender, Lender or the LC Issuer, or Acceptance Lender, Issuer as the case may be; , and the result of any of the foregoing is to increase the cost to such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, of making or maintaining its Eurodollar Eurocurrency Loans or Commitment, Commitment or of issuing or participating in Facility LCs, or of accepting or participating in Acceptances LCs or to reduce the return received by such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, in connection with such Eurodollar Loans, Eurocurrency Loans or Commitment, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, then, within fifteen 15 days of demand by such Lender, Lender or the LC Issuer, or Acceptance Lender (any such demand to be made within 180 days of the date such Lender, LC Issuer, or Acceptance Lender obtains knowledge that it is entitled to compensation pursuant to this Section 3.1), as the case may be, the applicable Borrower or Borrowers shall pay such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, such additional amount or amounts as will compensate such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, for such increased cost or reduction in amount received.

Appears in 1 contract

Samples: Credit Agreement (Dolan Co.)

Yield Protection. If, on or after the Closing Datedate of this Agreement, the adoption of any law or any governmental or quasi-governmental rule, regulation, policy, guideline, guideline or directive (whether or not having the force of law), or any change in the interpretation or administration thereof by any governmental or quasi-governmental authority, central bank, bank or comparable agency charged with the interpretation or administration thereof, or compliance by any Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer with any request or directive (whether or not having the force of law) of any such authority, central bank, bank or comparable agency:agency (collectively, a "Change"): (ai) subjects any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to any Taxes, or changes the basis of taxation of payments (other than with respect to Excluded Taxes) to any Lender, Lender or the LC Issuer or Acceptance Lender in respect of its Eurodollar Loans, Facility LCs, Acceptances, LCs or participations therein;, or (bii) imposes or increases or deems applicable any reserve, assessment, insurance charge, special deposit, deposit or similar requirement against assets of, deposits with or for the account of, or credit extended by, any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer (other than reserves and assessments taken into account in determining the interest rate applicable to Eurodollar Advances); , or (ciii) imposes any other condition the result of which is to increase the cost to any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer of making, funding, funding or maintaining its Eurodollar Loans, or of issuing or participating in Facility LCs or AcceptancesLCs, or reduces any amount receivable by any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer in connection with its Eurodollar Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, or requires any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to make any payment calculated by reference to the amount of Eurodollar Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptances therein held or interest or LC Fees or Acceptance Fees received by it, by an amount deemed material by such Lender, Lender or the LC Issuer, or Acceptance Lender, Issuer as the case may be; , and the result of any of the foregoing Change is to increase the cost to such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, of making or maintaining its Eurodollar Loans or Commitment, Commitment or of issuing or participating in Facility LCs, or of accepting or participating in Acceptances LCs or to reduce the return received by such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, in connection with such Eurodollar Loans, Loans or Commitment, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, then, within fifteen 15 days of demand by such Lender, Lender or the LC Issuer, or Acceptance Lender (any such demand to be made within 180 days of the date such Lender, LC Issuer, or Acceptance Lender obtains knowledge that it is entitled to compensation pursuant to this Section 3.1), as the case may be, the applicable Borrower or Borrowers shall pay such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, such additional amount or amounts as will compensate such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, for such increased cost or reduction in amount received.

Appears in 1 contract

Samples: Credit Agreement (Magnetek Inc)

Yield Protection. If, on or after the Closing Datedate of this Agreement, the adoption of any law or any governmental or quasi-governmental rule, regulation, policy, guideline, or directive (whether or not having the force of law), or any change Change in the interpretation or administration thereof by any governmental or quasi-governmental authority, central bank, or comparable agency charged with the interpretation or administration thereof, or compliance by any Lender, applicable Lending Installation, LC Issuer, or Acceptance Lender with any request or directive (whether or not having the force of law) of any such authority, central bank, or comparable agencyLaw: (ai) subjects any Lenderimposes, applicable Lending Installation, LC Issuer, or Acceptance Lender to any Taxes, or changes the basis of taxation of payments (other than with respect to Excluded Taxes) to any Lender, LC Issuer or Acceptance Lender in respect of its Eurodollar Loans, Facility LCs, Acceptances, or participations therein; (b) imposes or increases modifies or deems applicable any reserve, assessment, insurance charge, special deposit, compulsory loan, insurance charge or similar requirement against assets of, deposits with or for the account of, or credit extended or participated in by, any Lender (except any reserve requirement reflected in the Eurocurrency Rate) or any Issuing Lender; (ii) subjects any Lender or Issuing Lender to any Tax of any kind whatsoever (except for Indemnified Taxes or Other Taxes covered by Section 3.05 and Excluded Taxes) on its loans, applicable Lending Installationloan principal, LC Issuerletters of credit, commitments, or Acceptance Lender (other than reserves and assessments taken into account in determining the interest rate applicable to Eurodollar Advances)obligations, or its deposits, reserves, other liabilities or capital attributable thereto; or (ciii) imposes on any Lender or any Issuing Lender the London interbank market any other condition the result of which is to increase the condition, cost to any Lender, applicable Lending Installation, LC Issuer, or Acceptance Lender of making, funding, expense affecting this Agreement or maintaining its Eurodollar SOFR Loans, XXXXX Loans or of issuing or participating in Facility LCs or Acceptances, or reduces any amount receivable by any Lender, applicable Lending Installation, LC Issuer, or Acceptance Lender in connection with its Eurodollar Eurocurrency Loans, Facility LCsas applicable, Acceptances, or participations in Facility LCs or Acceptances, or requires any Lender, applicable Lending Installation, LC Issuer, or Acceptance Lender to make any payment calculated by reference to the amount of Eurodollar Loans, Facility LCs, Acceptances, or participations in Facility LCs or Acceptances held or interest or LC Fees or Acceptance Fees received by it, by an amount deemed material made by such Lender, LC Issuer, Lender or Acceptance Lender, as the case may beany Letter of Credit or participation therein; and the result of any of the foregoing is shall be to increase the cost to such LenderLender of making, applicable Lending Installationcontinuing, LC Issuerconverting to or maintaining any SOFR Loans, XXXXX Loans, Eurocurrency Loans, as applicable, (or, in the case of a Change in Law with respect to Taxes, any Loan) or of maintaining its obligation to make any such Loan, or Acceptance Lenderto increase the cost to such Lender or Issuing Lender of participating in, as the case may be, of making issuing or maintaining its Eurodollar Loans or Commitment, any Letter of issuing or participating in Facility LCs, Credit (or of accepting maintaining its obligation to participate in or participating in Acceptances to issue any Letter of Credit), or to reduce the return amount of any sum received or receivable by such Lender or Issuing Lender hereunder (whether of principal, interest or any other amount) then, upon request of such Lender or Issuing Lender, applicable Lending Installation, LC Issuer, or Acceptance Lender, as the case may be, in connection with such Eurodollar Loans, Commitment, Facility LCs, Acceptances, or participations in Facility LCs or Acceptances, then, within fifteen days of demand by such Lender, LC Issuer, or Acceptance Lender (any such demand to be made within 180 days of the date such Lender, LC Issuer, or Acceptance Lender obtains knowledge that it is entitled to compensation pursuant to this Section 3.1), as the case may be, the applicable Borrower or Borrowers shall pay to such Lender, LC Issuer, Lender or Acceptance Issuing Lender, as the case may be, such additional amount or amounts as will compensate such Lender, LC Issuer, Lender or Acceptance Issuing Lender, as the case may be, for such increased cost additional costs incurred or reduction in amount receivedsuffered. Notwithstanding the foregoing, no Lender or Issuing Lender shall be entitled to seek compensation under this Section 3.01 unless such Lender or Issuing Lender is generally seeking compensation from other borrowers that are similarly situated to and of similar creditworthiness with respect to its similarly affected commitments, loans and/or participations under agreements with such borrowers having provisions similar to this Section 3.01.

Appears in 1 contract

Samples: Credit Agreement (Salesforce, Inc.)

Yield Protection. If, on or after the Closing Datedate hereof, the adoption of or any ----------------- change in any law or any governmental or quasi-governmental rule, regulation, policy, guideline, guideline or directive (whether or not having the force of law), or any change in the interpretation or administration thereof by any governmental or quasi-governmental authority, central bank, or comparable agency charged with the interpretation or administration thereof, or the compliance by any Lender, applicable Lending Installation, LC Issuer, or Acceptance Lender with any request or directive (whether or not having the force of law) of any such authority, central bank, or comparable agency:Lender therewith, (a) subjects any Lender, Lender or any applicable Lending Installation, LC Issuer, or Acceptance Lender Installation to any Taxestax, duty, charge or withholding on or from payments due from the Borrower (excluding taxation of the overall net income of any Lender or applicable Lending Installation imposed by the jurisdiction in which such Lender or Lending Installation is incorporated or has its principal place of business), or changes (excluding increases in the income tax rates imposed by the jurisdiction in which the applicable Lender or Lending Installation is incorporated or has its principal place of business) the basis of taxation of principal, interest or any other payments (other than with respect to Excluded Taxes) to any Lender, LC Issuer Lender or Acceptance Lender Lending Installation in respect of its Eurodollar Loans, its interest in the Facility LCsLetters of Credit or other amounts due it hereunder, Acceptances, or participations therein;or (b) imposes or increases or deems applicable any reserve, assessment, insurance charge, special deposit, deposit or similar requirement against assets of, deposits with or for the account of, or credit extended by, any Lender, Lender or any applicable Lending Installation, LC Issuer, or Acceptance Lender Installation (other than reserves and assessments taken into account in determining the interest rate applicable to Eurodollar Advances); , or (c) imposes any other condition the result of which is to increase the cost to any Lender, Lender or any applicable Lending Installation, LC Issuer, or Acceptance Lender Installation of making, funding, funding or maintaining its Eurodollar Loans, Loans or issuing Facility Letters of issuing or participating in Facility LCs or Acceptances, Credit or reduces any amount receivable by any Lender, Lender or any applicable Lending Installation, LC Issuer, or Acceptance Lender Installation in connection with its Eurodollar Loans, any Loans or Facility LCs, Acceptances, or participations in Facility LCs or AcceptancesLetters of Credit, or requires any Lender, Lender or any applicable Lending Installation, LC Issuer, or Acceptance Lender Installation to make any payment calculated by reference to the amount of Eurodollar LoansLoans held, Facility LCs, Acceptances, Letters of Credit issued or participations participated in Facility LCs or Acceptances held or interest or LC Fees or Acceptance Fees received by it, by an amount deemed material by such Lender, LC Issuer, or Acceptance Lender, as the case may be; and the result of any of the foregoing is to increase the cost to such Lender, applicable Lending Installation, LC Issuer, or Acceptance Lender, as the case may be, of making or maintaining its Eurodollar Loans or Commitment, of issuing or participating in Facility LCs, or of accepting or participating in Acceptances or to reduce the return received by such Lender, applicable Lending Installation, LC Issuer, or Acceptance Lender, as the case may be, in connection with such Eurodollar Loans, Commitment, Facility LCs, Acceptances, or participations in Facility LCs or Acceptances, then, within fifteen 15 days of demand by such Lender, LC Issuer, or Acceptance Lender (any such demand to be made within 180 days of the date such Lender, LC Issuer, or Acceptance Lender obtains knowledge that it is entitled to compensation pursuant to this Section 3.1), as the case may be, the applicable Borrower or Borrowers shall pay such Lender, LC Issuer, or Acceptance Lender, as the case may be, such additional amount or amounts as will compensate such Lender, LC Issuer, or Acceptance Lender, as the case may be, for Lender that portion of such increased cost expense incurred or reduction resulting in an amount receivedreceived which such Lender determines is attributable to making, funding and maintaining its Loans, its interest in the Facility Letters of Credit and its Commitment.

Appears in 1 contract

Samples: Credit Agreement (Ralcorp Holdings Inc /Mo)

Yield Protection. If, on or after the Closing Datedate of this Agreement, the ---------------- adoption of any law Law or any governmental or quasi-governmental rule, regulation, policy, guideline, guideline or directive (whether or not having the force of lawLaw), or any change in the interpretation or administration thereof by any governmental or quasi-governmental authority, central bank, bank or comparable agency charged with the interpretation or administration thereof, or compliance by any Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer with any request or directive (whether or not having the force of lawLaw) of any such authority, central bank, bank or comparable agency: (ai) subjects any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to any Taxes, or changes the basis of taxation of payments (other than with respect to Excluded Taxes) to any Lender, Lender or the LC Issuer or Acceptance Lender in respect of its Eurodollar Loans, Facility LCs, Acceptances, LCs or participations therein;therein or (bii) imposes or increases or deems applicable any reserve, assessment, insurance charge, special deposit, deposit or similar requirement against assets of, deposits with or for the account of, or credit extended by, any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer (other than reserves and assessments taken into account in determining the interest rate applicable to Eurodollar Advances); , or (ciii) imposes any other condition the result of which is to increase the cost to any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer of making, funding, funding or maintaining its Eurodollar Loans, or of issuing or participating in Facility LCs or AcceptancesLCs, or reduces any amount receivable by any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer in connection with its Eurodollar Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, or requires any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to make any payment calculated by reference to the amount of Eurodollar Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptances therein held or interest or LC Fees or Acceptance Fees received by it, by an amount deemed material by such Lender, Lender or the LC Issuer, or Acceptance Lender, Issuer as the case may be; , and the result of any of the foregoing is to increase the cost to such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, of making or maintaining its Eurodollar Loans or Commitment, Commitment or of issuing or participating in Facility LCs, or of accepting or participating in Acceptances LCs or to reduce the return received by such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, in connection with such Eurodollar Loans, Commitment, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, then, within fifteen 15 days of demand by such Lender, Lender or the LC Issuer, or Acceptance Lender (any such demand to be made within 180 days of the date such Lender, LC Issuer, or Acceptance Lender obtains knowledge that it is entitled to compensation pursuant to this Section 3.1), as the case may be, the applicable Borrower or Borrowers shall pay such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, such additional amount or amounts as will compensate such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, for such increased cost or reduction in amount received.

Appears in 1 contract

Samples: Credit Agreement (Miller Exploration Co)

Yield Protection. If, on or after the Closing Date, the adoption of If any law or any governmental or quasi-governmental rule, regulation, policy, guideline, or directive (whether or not having the force of law), or any change Change in the interpretation or administration thereof by any governmental or quasi-governmental authority, central bank, or comparable agency charged with the interpretation or administration thereof, or compliance by any Lender, applicable Lending Installation, LC Issuer, or Acceptance Lender with any request or directive (whether or not having the force of law) of any such authority, central bank, or comparable agencyLaw: (a) subjects any Lender, applicable Lending Installation, LC Issuer, or Acceptance Lender to any Taxes, or changes the basis of taxation of payments (other than with respect to Excluded Taxes) to any Lender, LC Issuer or Acceptance Lender in respect of its Eurodollar Loans, Facility LCs, Acceptances, or participations therein; (bi) imposes or increases or deems applicable any reserve, assessment, insurance charge, special deposit, deposit or similar requirement against assets of, deposits with or for the account of, or credit extended by, any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer (other than reserves and assessments taken into account in determining the interest rate applicable to Eurodollar Advances); or; (cii) imposes any other condition (other than taxes, which are addressed in clause (iii) below) the result of which is to increase the cost to any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer of making, funding, funding or maintaining its Revolving Loan Commitment or Eurodollar Loans, Loans or of issuing or participating in Facility LCs or AcceptancesLCs, or reduces any amount receivable by any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer in connection with its Revolving Loan Commitment or Eurodollar Loans, Facility LCs, Acceptances, Loans or participations in Facility LCs or Acceptances(including participations therein), or requires any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to make any payment calculated by reference to the amount of Revolving Loan Commitment or Eurodollar Loans, Facility LCs, Acceptances, Loans or participations in Facility LCs or Acceptances (including participations therein) held or interest or LC Fees or Acceptance Fees received by it, by an amount deemed material by such Lender, Lender or the LC Issuer, as applicable; or (iii) subjects any Recipient to any taxes (other than (A) Taxes, (B) Other Taxes, (C) Excluded Taxes or Acceptance Lender(D) Other Connection Taxes on gross or net income, as the case may be; profits or revenue (including value-added or similar taxes)) on its loans, loan principal, letters of credit, commitments, or other obligations, or its deposits, reserves, other liabilities or capital attributable thereto, and the result of any of the foregoing is to increase the cost to such Lender, Lender or applicable Lending Installation, the LC Issuer, Issuer or Acceptance Lender, as the case may be, any other Recipient of making or maintaining its Eurodollar Loans (in the case of the preceding clauses (i) or Commitment, (ii)) or Loans (in the case of preceding clause (iii)) or Revolving Loan Commitment or of issuing or participating in Facility LCs, or of accepting or participating in Acceptances as applicable, or to reduce the return received by such Lender, Lender or applicable Lending Installation, the LC Issuer, Issuer or Acceptance Lender, as the case may be, any other Recipient in connection with such Eurodollar Loans, Commitment, Facility LCs, Acceptances, Loans or participations in Revolving Loan Commitment or Facility LCs or Acceptances(including participations therein), then, within fifteen (15) days of demand demand, accompanied by the written statement required by Section 3.6, by such Lender, the LC Issuer, Issuer or Acceptance Lender (any such demand to be made within 180 days of the date such Lender, LC Issuer, or Acceptance Lender obtains knowledge that it is entitled to compensation pursuant to this Section 3.1)other Recipient, as the case may beapplicable, the applicable Borrower or Borrowers shall pay such Lender, the LC Issuer, Issuer or Acceptance Lendersuch other Recipient, as the case may beapplicable, such additional amount or amounts as will compensate such Lender, the LC Issuer, Issuer or Acceptance Lendersuch other Recipient, as the case may beapplicable, for such increased cost or reduction in amount received.

Appears in 1 contract

Samples: Credit Agreement (Chemed Corp)

Yield Protection. If, on or after the Closing Date, the adoption of any law or any governmental or quasi-governmental rule, regulation, policy, guideline, guideline or directive (whether or not having the force of law), or any change in any such law, rule, regulation, policy, guideline or directive or in the interpretation or administration thereof by any governmental or quasi-governmental authority, central bank, bank or comparable agency charged with the interpretation or administration thereof, or compliance by any Lender, Lender or applicable Lending Installation, Office or any LC Issuer, or Acceptance Lender Issuer with any request or directive (whether or not having the force of law) of any such authority, central bank, bank or comparable agency: (ai) subjects any Lender, Lender or any applicable Lending Installation, Office or any LC Issuer, or Acceptance Lender Issuer to any Taxes, or changes the basis of taxation of payments (other than with respect to Excluded Taxes) to any Lender, Lender or any LC Issuer or Acceptance Lender in respect of its Eurodollar LIBOR Loans, Facility LCs, Acceptances, LC's or participations therein;, or (bii) imposes or increases or deems applicable any reserve, assessment, insurance charge, special deposit, deposit or similar requirement against assets of, deposits with or for the account of, or credit extended by, any Lender, Lender or any applicable Lending Installation, Office or any LC Issuer, or Acceptance Lender Issuer (other than reserves and assessments taken into account in determining the interest rate applicable to Eurodollar LIBOR Advances); , or (ciii) imposes any other condition the result of which is to increase the cost to any Lender, Lender or any applicable Lending Installation, Office or any LC Issuer, or Acceptance Lender Issuer of making, funding, funding or maintaining its Eurodollar Commitment or LIBOR Loans, or of issuing or participating in Facility LCs or AcceptancesLC's, or reduces any amount receivable by any Lender, Lender or any applicable Lending Installation, Office or any LC Issuer, or Acceptance Lender Issuer in connection with its Eurodollar Commitment or LEBOR Loans, Facility LCs, Acceptances, LC's or participations in Facility LCs or Acceptancestherein, or requires any Lender, Lender or any applicable Lending Installation, Office or any LC Issuer, or Acceptance Lender Issuer to make any payment calculated by reference to the amount of Eurodollar Commitment or LIBOR Loans, Facility LCs, Acceptances, LC's or participations in Facility LCs or Acceptances therein held or interest or LC Fees or Acceptance Fees received by it, by an amount deemed material by such Lender, Lender or any LC Issuer, or Acceptance Lender, as the case may be; , and the result of any of the foregoing is to increase the cost to such Lender, Lender or applicable Lending Installation, Office or such LC Issuer, or Acceptance Lender, as the case may be, Issuer of making or maintaining its Eurodollar LIBOR Loans or Commitment, of Commitment or issuing or participating in Facility LCs, or of accepting or participating in Acceptances LC's or to reduce the return received by such Lender, Lender or applicable Lending Installation, Office or such LC Issuer, or Acceptance Lender, as the case may be, in connection with such Eurodollar Loans, LIBOR Loans or Commitment, Facility LCs, Acceptances, or participations in Facility LCs or Acceptances, then, within fifteen (15) days of demand by such Lender, Lender or such LC Issuer, or Acceptance Lender (any such demand to be made within 180 days of the date such Lender, LC Issuer, or Acceptance Lender obtains knowledge that it is entitled to compensation pursuant to this Section 3.1), as the case may be, the applicable Borrower or Borrowers shall pay such Lender, Lender or such LC Issuer, or Acceptance Lender, as the case may be, such additional amount or amounts as will compensate such Lender, Lender or LC Issuer, or Acceptance Lender, as the case may be, for such increased cost or reduction in amount received, provided however, such Lender or LC Issuer shall only be entitled to receive compensation from the Borrower for such increased costs for a period of 90 days prior to the date such Lender or LC Issuer made a demand for payment of such increased costs plus such increased costs that accrue after the date of such demand by such Lender or LC Issuer, except that with respect to any retroactive change in any law, rule, regulation, policy, SIDLEY AUSTIN BROWN & WOOD guixxxxxx xx xxrecxxxx giving rise to increased costs to any such Lender or LC Issuer, the Borrower shall pay such Lender or LC Issuer, as the case may be, such additional amount or amounts as will compensate such Lender or LC Issuer for such increased cost or reduction in amount received for the period from and including the effective date of such retroactive change.

Appears in 1 contract

Samples: Credit Agreement (Insurance Auto Auctions Inc /Ca)

Yield Protection. If, on or after the Closing Date, the adoption of any law or any governmental or quasi-governmental rule, regulation, policy, guideline, guideline or directive (whether or not having the force of law), or any change in the interpretation or administration thereof by any governmental or quasi-governmental authority, central bank, bank or comparable agency charged with the interpretation or administration thereof, or compliance by any Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer with any request or directive (whether or not having the force of law) of any such authority, central bank, bank or comparable agency: (a) subjects any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to any Taxes, or changes the basis of taxation of payments (other than with respect to Excluded Taxes) to any Lender, Lender or the LC Issuer or Acceptance Lender in respect of its Eurodollar Loans, Facility LCs, Acceptances, LCs or participations therein;, or (b) imposes or increases or deems applicable any reserve, assessment, insurance charge, special deposit, deposit or similar requirement against assets of, deposits with or for the account of, or credit extended by, any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer (other than reserves and assessments taken into account in determining the interest rate applicable to Eurodollar Advances); , or (c) imposes any other condition the result of which is to increase the cost to any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer of making, funding, funding or maintaining its Eurodollar Loans, or of issuing or participating in Facility LCs or AcceptancesLCs, or reduces any amount receivable by any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer in connection with its Eurodollar Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, or requires any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to make any payment calculated by reference to the amount of Eurodollar Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptances therein held or interest or LC Fees or Acceptance Fees received by it, by an amount deemed material by such Lender, Lender or the LC Issuer, or Acceptance Lender, Issuer as the case may be; , and the result of any of the foregoing is to increase the cost to such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, of making or maintaining its Eurodollar Loans or Commitment, Commitment or of issuing or participating in Facility LCs, or of accepting or participating in Acceptances LCs or to reduce the return received by such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, in connection with such Eurodollar Loans, Commitment, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, then, within fifteen days of demand by such Lender, Lender or the LC Issuer, or Acceptance Lender (any such demand to be made within 180 days of the date such Lender, LC Issuer, or Acceptance Lender obtains knowledge that it is entitled to compensation pursuant to this Section 3.1), as the case may be, the applicable Borrower or Borrowers shall pay such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, such additional amount or amounts as will compensate such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, for such increased cost or reduction in amount received.

Appears in 1 contract

Samples: Credit Agreement (Action Performance Companies Inc)

Yield Protection. If, on or after the Closing Datedate of this Agreement, the adoption of any law or any governmental or quasi-governmental rule, regulation, policy, guideline, guideline or directive (whether or not having the force of law), or any change in the interpretation or administration thereof by any governmental or quasi-governmental authority, central bank, bank or comparable agency charged with the interpretation or administration thereof, or compliance by any Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer with any request or directive (whether or not having the force of law) of any such authority, central bank, bank or comparable agency: (ai) subjects any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to any Taxes, or changes the basis of taxation of payments (other than with respect to Excluded Taxes) to any Lender, Lender or the LC Issuer or Acceptance Lender in respect of its Eurodollar Loans, Facility LCs, Acceptances, LCs or participations therein;, or (bii) imposes or increases or deems applicable any reserve, assessment, insurance charge, special deposit, deposit or similar requirement against assets of, deposits with or for the account of, or credit extended by, any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer (other than reserves and assessments taken into account in determining the interest rate applicable to Eurodollar Advances); , or (ciii) imposes any other condition the result of which is to increase the cost to any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer of making, funding, funding or maintaining its Eurodollar Loans, or of issuing or participating in Facility LCs or AcceptancesLCs, or reduces any amount receivable by any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer in connection with its Eurodollar Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, or requires any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to make any payment calculated by reference to the amount of Eurodollar Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptances therein held or interest or LC Fees or Acceptance Fees received by it, by an amount deemed material by such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be; , and the result of any of the foregoing is to increase the cost to such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, of making or maintaining its Eurodollar Loans or Commitment, Commitment or of issuing or participating in Facility LCs, or of accepting or participating in Acceptances LCs or to reduce the return received by such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, in connection with such Eurodollar Loans, Commitment, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, then, within fifteen 15 days of demand by such Lender, Lender or the LC Issuer, or Acceptance Lender (any such demand to be made within 180 days of the date such Lender, LC Issuer, or Acceptance Lender obtains knowledge that it is entitled to compensation pursuant to this Section 3.1), as the case may be, the applicable Borrower or Borrowers shall jointly and severally agree to pay such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, such additional amount or amounts as will compensate such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, for such increased cost or reduction in amount received.

Appears in 1 contract

Samples: Credit Agreement (International Fibercom Inc)

Yield Protection. If, on or after the Closing Datedate hereof, the adoption of or any change in any law or any governmental or quasi-governmental rule, regulation, policy, guideline, guideline or directive (whether or not having the force of law), or any change in the interpretation or administration thereof by any governmental or quasi-governmental authority, central bank, or comparable agency charged with the interpretation or administration thereof, or the compliance by any Lender, applicable Lending Installation, LC Issuer, or Acceptance Lender with any request or directive (whether or not having the force of law) of any such authority, central bank, or comparable agency:Lender therewith, (a) subjects any Lender, Lender or any applicable Lending Installation, LC Issuer, or Acceptance Lender Installation to any Taxestax, duty, charge or withholding on or from payments due from the Borrower (excluding taxation of the overall net income of any Lender or applicable Lending Installation imposed by the jurisdiction in which such Lender or Lending Installation is incorporated or has its principal place of business), or changes the basis of taxation of principal, interest or any other payments (other than with respect to Excluded Taxes) to any Lender, LC Issuer Lender or Acceptance Lender Lending Installation in respect of its Eurodollar LIBOR Loans or other amounts due it hereunder with respect to its LIBOR Loans, Facility LCs, Acceptances, or participations therein;or (b) with respect to LIBOR Loans, imposes or increases or deems applicable any reserve, assessment, insurance charge, special deposit, deposit or similar requirement against assets of, deposits with or for the account of, or credit extended by, any Lender, Lender or any applicable Lending Installation, LC Issuer, or Acceptance Lender Installation (other than reserves and assessments taken into account in determining the interest rate applicable to Eurodollar AdvancesLIBOR Loans); , or (c) imposes any other condition the result of which is to increase the cost to any Lender, Lender or any applicable Lending Installation, LC Issuer, or Acceptance Lender Installation of making, funding, funding or maintaining its Eurodollar Loans, or of issuing or participating in Facility LCs or Acceptances, LIBOR Loans or reduces any amount receivable by any Lender, Lender or any applicable Lending Installation, LC Issuer, or Acceptance Lender Installation in connection with its Eurodollar LIBOR Loans, Facility LCs, Acceptances, or participations in Facility LCs or Acceptances, or requires any Lender, Lender or any applicable Lending Installation, LC Issuer, or Acceptance Lender Installation to make any payment calculated by reference to the amount of Eurodollar Loans, Facility LCs, Acceptances, or participations in Facility LCs or Acceptances LIBOR Loans held or interest or LC Fees or Acceptance Fees received by itit in respect thereof, by an amount deemed material by such Lenderand, LC Issuer, or Acceptance Lender, as in the case may be; and the result of any of Section 3.1(a), (b) or (c), the foregoing is Lender shall in good faith determine the amount of such increased expense incurred or reduction in amount received to increase the cost to such Lender, applicable Lending Installation, LC Issuer, or Acceptance Lender, as the case may be, of making or maintaining its Eurodollar Loans or Commitment, of issuing or participating in Facility LCs, or of accepting or participating in Acceptances or to reduce the return received by such Lender, applicable Lending Installation, LC Issuer, or Acceptance Lender, as the case may be, in connection with such Eurodollar Loans, Commitment, Facility LCs, Acceptances, or participations in Facility LCs or Acceptancesbe material, then, within fifteen 15 days of demand by such Lender, LC Issuer, the Borrower shall pay such Lender that portion of such increased expense incurred or Acceptance Lender reduction in an amount received (other than any such demand to be made within 180 days of expense or reduction for which the date such Lender, LC Issuer, or Acceptance Lender obtains knowledge that it is Lenders are also entitled to compensation pursuant to this Section 3.12.17(a)) which such Lender determines is attributable to making, as the case may be, the applicable Borrower or Borrowers shall pay such Lender, LC Issuer, or Acceptance Lender, as the case may be, such additional amount or amounts as will compensate such Lender, LC Issuer, or Acceptance Lender, as the case may be, for such increased cost or reduction in amount receivedfunding and maintaining its Loans and its Commitment.

Appears in 1 contract

Samples: Credit Agreement (Cna Surety Corp)

Yield Protection. If, on or after the Closing Date, the adoption of any law or any governmental or quasi-quasi governmental rule, regulation, policy, guideline, guideline or directive (whether or not having the force of law), or any change in the interpretation or administration thereof by any governmental or quasi-governmental authority, central bank, bank or comparable agency charged with the interpretation or administration thereof, or compliance by any Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer with any request or directive (whether or not having the force of law) of any such authority, central bank, bank or comparable agency: (a) subjects any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to any Taxestaxes, or changes the basis of taxation of payments (other than with respect to Excluded Taxes) to any Lender, Lender or the LC Issuer or Acceptance Lender in respect of its Eurodollar Loans, Facility LCs, Acceptances, LCs or participations therein;, or (b) imposes or increases or deems applicable any reserve, assessment, insurance charge, special deposit, deposit or similar requirement against assets of, deposits with or for the account of, or credit extended by, any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer (other than reserves and assessments taken into account in determining the interest rate applicable to Eurodollar Advances); , or (c) imposes any other condition the result of which is to increase the cost to any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer of making, funding, funding or maintaining its Eurodollar Loans, or of issuing or participating in Facility LCs or AcceptancesLCs, or reduces any amount receivable by any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer in connection with its Eurodollar Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, or requires any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to make any payment calculated by reference to the amount of Eurodollar Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptances therein held or interest or LC Fees or Acceptance Fees received by it, by an amount deemed material by such Lender, Lender or the LC Issuer, or Acceptance Lender, Issuer as the case may be; , and the result of any of the foregoing is to increase the cost to such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, of making or maintaining its Eurodollar Loans or Commitment, Commitment or of issuing or participating in Facility LCs, or of accepting or participating in Acceptances LCs or to reduce the return received by such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, in connection with such Eurodollar Loans, Commitment, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, then, within fifteen days of demand by such Lender, Lender or the LC Issuer, or Acceptance Lender (any such demand to be made within 180 days of the date such Lender, LC Issuer, or Acceptance Lender obtains knowledge that it is entitled to compensation pursuant to this Section 3.1), as the case may be, the applicable Borrower or Borrowers shall pay such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, such additional amount or amounts as will compensate such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, for such increased cost or reduction in amount received.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Northwestern Corp)

Yield Protection. If, on or after the Closing Datedate of this Agreement, the adoption of any law or any governmental or quasi-governmental rule, regulation, policy, guideline, guideline or directive (whether or not having the force of law), or any change in the interpretation or administration thereof by any governmental or quasi-governmental authority, central bank, bank or comparable agency charged with the interpretation or administration thereof, or compliance by any Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer with any request or directive (whether or not having the force of law) of any such authority, central bank, bank or comparable agency: (ai) subjects any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to any Taxes, or changes the basis of taxation of payments (other than with respect to Excluded Taxes) to any Lender, Lender or the LC Issuer or Acceptance Lender in respect of its Eurodollar Loans, Facility LCs, Acceptances, LCs or participations therein;, or (bii) imposes or increases or deems applicable any reserve, assessment, insurance charge, special deposit, deposit or similar requirement against assets of, deposits with or for the account of, or credit extended by, any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer (other than reserves and assessments taken into account in determining the interest rate applicable to Eurodollar Advances); , or (ciii) imposes any other condition the result of which is to increase the cost to any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer of making, funding, funding or maintaining its Eurodollar Loans, or of issuing or participating in Facility LCs or AcceptancesLCs, or reduces any amount receivable by any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer in connection with its Eurodollar Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, or requires any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to make any payment calculated by reference to the amount of Eurodollar Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptances therein held or interest or LC Fees or Acceptance Fees received by it, by an amount deemed material by such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be; , and the result of any of the foregoing is to increase the cost to such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, of making or maintaining its Eurodollar Loans or Commitment, Commitment or of issuing or participating in the Facility LCs, or of accepting or participating in Acceptances LCs or to reduce the return received by such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, in connection with such Eurodollar Loans, Commitment, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, then, within fifteen 15 days of demand by such Lender, Lender or the LC Issuer, or Acceptance Lender (any such demand to be made within 180 days of the date such Lender, LC Issuer, or Acceptance Lender obtains knowledge that it is entitled to compensation pursuant to this Section 3.1), as the case may be, the applicable Borrower or Borrowers shall pay such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, such additional amount or amounts as will compensate such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, for such increased cost or reduction in amount received.

Appears in 1 contract

Samples: Credit Agreement (Roundys Inc)

Yield Protection. If, on or after the Closing Datedate of this Agreement, the adoption of any law or any governmental or quasi-governmental rule, regulation, policy, guideline, guideline or directive (whether or not having the force of law), or any change in the interpretation or administration thereof by any governmental or quasi-governmental authority, central bank, bank or comparable agency charged with the interpretation or administration thereof, or compliance by any Lender, Lender or applicable Lending Installation, LC Issuer, Installation or Acceptance Lender the Issuing Bank with any request or directive (whether or not having the force of law) of any such authority, central bank, bank or comparable agency: (a) subjects any Lender, Lender or any applicable Lending Installation, LC Issuer, Installation or Acceptance Lender the Issuing Bank to any Taxes, or changes the basis of taxation of payments (other than with respect to Excluded Taxes) to any Lender, LC Issuer Lender or Acceptance Lender the Issuing Bank in respect of its Eurodollar LIBOR Loans, Facility LCs, Acceptances, Letters of Credit or participations therein;, or (b) imposes or increases or deems applicable any reserve, assessment, insurance charge, special deposit, deposit or similar requirement against assets of, deposits with or for the account of, or credit extended by, any Lender, Lender or any applicable Lending Installation, LC Issuer, Installation or Acceptance Lender the Issuing Bank (other than reserves and assessments taken into account in determining the interest rate applicable to Eurodollar LIBOR Advances); , or (c) imposes any other condition the result of which is to increase the cost to any Lender, Lender or any applicable Lending Installation, LC Issuer, Installation or Acceptance Lender the Issuing Bank of making, funding, funding or maintaining its Eurodollar LIBOR Loans, or of issuing or participating in Facility LCs or AcceptancesLetters of Credit, or reduces any amount receivable by any Lender, Lender or any applicable Lending Installation, LC Issuer, Installation or Acceptance Lender the Issuing Bank in connection with its Eurodollar LIBOR Loans, Facility LCs, Acceptances, Letters of Credit or participations in Facility LCs or Acceptancestherein, or requires any Lender, Lender or any applicable Lending Installation, LC Issuer, Installation or Acceptance Lender the Issuing Bank to make any payment calculated by reference to the amount of Eurodollar LIBOR Loans, Facility LCs, Acceptances, Letters of Credit or participations in Facility LCs or Acceptances therein held or interest or LC Fees or Acceptance Fees received by it, by an amount deemed material by such Lender, LC Issuer, Lender or Acceptance Lender, the Issuing Bank as the case may be; , and the result of any of the foregoing is to increase the cost to such Lender, Lender or applicable Lending Installation, LC Issuer, Installation or Acceptance Lenderthe Issuing Bank, as the case may be, of making or maintaining its Eurodollar LIBOR Loans or Commitment, Commitment or of issuing or participating in Facility LCs, or Letters of accepting or participating in Acceptances Credit or to reduce the return received by such Lender, Lender or applicable Lending Installation, LC Issuer, Installation or Acceptance Lenderthe Issuing Bank, as the case may be, in connection with such Eurodollar LIBOR Loans, Commitment, Facility LCs, Acceptances, Letters of Credit or participations in Facility LCs or Acceptancestherein, then, within fifteen 15 days of demand by such Lender, LC Issuer, Lender or Acceptance Lender (any such demand to be made within 180 days of the date such Lender, LC Issuer, or Acceptance Lender obtains knowledge that it is entitled to compensation pursuant to this Section 3.1)Issuing Bank, as the case may be, the applicable Borrower or Borrowers shall pay such Lender, LC Issuer, Lender or Acceptance Lenderthe Issuing Bank, as the case may be, such additional amount or amounts as will compensate such Lender, LC Issuer, Lender or Acceptance Lenderthe Issuing Bank, as the case may be, for such increased cost or reduction in amount received.

Appears in 1 contract

Samples: Revolving Credit Agreement (Duke Realty Corp)

Yield Protection. If, on or after the Closing Datedate of this Agreement, the adoption of any law or any governmental or quasi-governmental rule, regulation, policy, guideline, guideline or directive (whether or not having the force of law), or any change in the interpretation or administration thereof by any governmental or quasi-governmental authority, central bank, bank or comparable agency charged with the interpretation or administration thereof, or compliance by any Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer with any request or directive (whether or not having the force of law) of any such authority, central bank, bank or comparable agency: (a) subjects any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to any Taxes, or changes the basis of taxation of payments (other than with respect to Excluded Taxes) to any Lender, Lender or the LC Issuer or Acceptance Lender in respect of its Eurodollar Eurocurrency Loans, Facility LCs, Acceptances, LCs or participations therein;, or (b) imposes or increases or deems applicable any reserve, assessment, insurance charge, special deposit, deposit or similar requirement against assets of, deposits with or for the account of, or credit extended by, any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer (other than reserves and assessments taken into account in determining the interest rate applicable to Eurodollar Eurocurrency Advances); , or (c) imposes any other condition the result of which is to increase the cost to any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer of making, funding, funding or maintaining its Eurodollar Eurocurrency Loans, or of issuing or participating in Facility LCs or AcceptancesLCs, or reduces any amount receivable by any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer in connection with its Eurodollar Eurocurrency Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, or requires any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to make any payment calculated by reference to the amount of Eurodollar Eurocurrency Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptances therein held or interest or LC Fees or Acceptance Fees received by it, by an amount deemed material by such Lender, Lender or the LC Issuer, or Acceptance Lender, Issuer as the case may be; , and the result of any of the foregoing is to increase the cost to such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, of making or maintaining its Eurodollar Eurocurrency Loans or Commitment, Commitment or of issuing or participating in Facility LCs, or of accepting or participating in Acceptances LCs or to reduce the return received by such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, in connection with such Eurodollar Eurocurrency Loans, Commitment, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, then, within fifteen 15 days of demand by such Lender, or the LC Issuer, or Acceptance Lender (any such demand to be made within 180 days of the date such Lender, LC Issuer, or Acceptance Lender obtains knowledge that it is entitled to compensation pursuant to this Section 3.1), as the case may be, the applicable Borrower or Borrowers shall pay such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, such additional amount or amounts as will compensate such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, for such increased cost or reduction in amount received.

Appears in 1 contract

Samples: Credit Agreement (Clarcor Inc)

Yield Protection. If, on or after the Closing Datedate of this Agreement, the adoption of any law or any governmental or quasi-governmental rule, regulation, policy, guideline, or directive (whether or not having the force of law), or any change Change in the interpretation or administration thereof by any governmental or quasi-governmental authority, central bank, or comparable agency charged with the interpretation or administration thereof, or compliance by any Lender, applicable Lending Installation, LC Issuer, or Acceptance Lender with any request or directive (whether or not having the force of law) of any such authority, central bank, or comparable agencyLaw: (ai) subjects any Lenderimposes, applicable Lending Installation, LC Issuer, or Acceptance Lender to any Taxes, or changes the basis of taxation of payments (other than with respect to Excluded Taxes) to any Lender, LC Issuer or Acceptance Lender in respect of its Eurodollar Loans, Facility LCs, Acceptances, or participations therein; (b) imposes or increases modifies or deems applicable any reserve, assessment, insurance charge, special deposit, compulsory loan, insurance charge or similar requirement against assets of, deposits with or for the account of, or credit extended or participated in by, any Lender (except any reserve requirement reflected in the Eurocurrency Rate) or any Issuing Lender; (ii) subjects any Lender or Issuing Lender to any Tax of any kind whatsoever (except for Indemnified Taxes or Other Taxes covered by ‎Section 3.05 and Excluded Taxes) on its loans, applicable Lending Installationloan principal, LC Issuerletters of credit, commitments, or Acceptance Lender (other than reserves and assessments taken into account in determining the interest rate applicable to Eurodollar Advances)obligations, or its deposits, reserves, other liabilities or capital attributable thereto; or (ciii) imposes on any Lender or any Issuing Lender the London interbank market any other condition the result of which is to increase the condition, cost to any Lender, applicable Lending Installation, LC Issuer, or Acceptance Lender of making, funding, expense affecting this Agreement or maintaining its Eurodollar Loans, or of issuing or participating in Facility LCs or Acceptances, or reduces any amount receivable by any Lender, applicable Lending Installation, LC Issuer, or Acceptance Lender in connection with its Eurodollar Loans, Facility LCs, Acceptances, or participations in Facility LCs or Acceptances, or requires any Lender, applicable Lending Installation, LC Issuer, or Acceptance Lender to make any payment calculated by reference to the amount of Eurodollar Loans, Facility LCs, Acceptances, or participations in Facility LCs or Acceptances held or interest or LC Fees or Acceptance Fees received by it, by an amount deemed material Eurocurrency Loans made by such Lender, LC Issuer, Lender or Acceptance Lender, as the case may beany Letter of Credit or participation therein; and the result of any of the foregoing is shall be to increase the cost to such LenderLender of making, applicable Lending Installationcontinuing, LC Issuerconverting to or maintaining any Eurocurrency Loans (or, in the case of a Change in Law with respect to Taxes, any Loan) or of maintaining its obligation to make any such Loan, or Acceptance Lenderto increase the cost to such Lender or Issuing Lender of participating in, as the case may be, of making issuing or maintaining its Eurodollar Loans or Commitment, any Letter of issuing or participating in Facility LCs, Credit (or of accepting maintaining its obligation to participate in or participating in Acceptances to issue any Letter of Credit), or to reduce the return amount of any sum received or receivable by such Lender or Issuing Lender hereunder (whether of principal, interest or any other amount) then, upon request of such Lender or Issuing Lender, applicable Lending Installation, LC Issuer, or Acceptance Lender, as the case may be, in connection with such Eurodollar Loans, Commitment, Facility LCs, Acceptances, or participations in Facility LCs or Acceptances, then, within fifteen days of demand by such Lender, LC Issuer, or Acceptance Lender (any such demand to be made within 180 days of the date such Lender, LC Issuer, or Acceptance Lender obtains knowledge that it is entitled to compensation pursuant to this Section 3.1), as the case may be, the applicable Borrower or Borrowers shall pay to such Lender, LC Issuer, Lender or Acceptance Issuing Lender, as the case may be, such additional amount or amounts as will compensate such Lender, LC Issuer, Lender or Acceptance Issuing Lender, as the case may be, for such increased cost additional costs incurred or reduction in amount receivedsuffered. Notwithstanding the foregoing, no Lender or Issuing Lender shall be entitled to seek compensation under this ‎Section 3.01 unless such Lender or Issuing Lender is generally seeking compensation from other borrowers that are similarly situated to and of similar creditworthiness with respect to its similarly affected commitments, loans and/or participations under agreements with such borrowers having provisions similar to this ‎Section 3.01.

Appears in 1 contract

Samples: Credit Agreement (XPO Logistics, Inc.)

Yield Protection. If, on or after the Closing Datedate of this Agreement, the ---------------- adoption of any law or any governmental or quasi-governmental rule, regulation, policy, guideline, guideline or directive (whether or not having the force of law), or any change in the interpretation or administration thereof by any governmental or quasi-governmental authority, central bank, bank or comparable agency charged with the interpretation or administration thereof, or compliance by any Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer with any request or directive (whether or not having the force of law) of any such authority, central bank, bank or comparable agency: (ai) subjects any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to any Taxes, or changes the basis of taxation of payments (other than with respect to Excluded Taxes) to any Lender, Lender or the LC Issuer or Acceptance Lender in respect of its Eurodollar Loans, Facility LCs, Acceptances, LCs or participations therein;, or (bii) imposes or increases or deems applicable any reserve, assessment, insurance charge, special deposit, deposit or similar requirement against assets of, deposits with or for the account of, or credit extended by, any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer (other than reserves and assessments taken into account in determining the interest rate applicable to Eurodollar Advances); , or (ciii) imposes any other condition the result of which is to increase the cost to any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer of making, funding, funding or maintaining its Eurodollar Loans, or of issuing or participating in Facility LCs or AcceptancesLCs, or reduces any amount receivable by any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer in connection with its Eurodollar Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, or requires any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to make any payment calculated by reference to the amount of Eurodollar Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptances therein held or interest or LC Fees or Acceptance Fees received by it, by an amount deemed material by such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be; , and the result of any of the foregoing is to increase the cost to such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, of making or maintaining its Eurodollar Loans or Commitment, Commitment or of issuing or participating in Facility LCs, or of accepting or participating in Acceptances LCs or to reduce the return received by such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, in connection with such Eurodollar Loans, Commitment, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, then, within fifteen (15) days of demand by such Lender, Lender or the LC Issuer, or Acceptance Lender (any such demand to be made within 180 days of the date such Lender, LC Issuer, or Acceptance Lender obtains knowledge that it is entitled to compensation pursuant to this Section 3.1), as the case may be, the applicable Borrower or Borrowers Credit Parties shall pay such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, such additional amount or amounts as will compensate such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, for such increased cost or reduction in amount received.

Appears in 1 contract

Samples: Credit Agreement (Torchmark Corp)

Yield Protection. If, on or after the Closing Datedate of this Agreement, the adoption of any law or any governmental or quasi-governmental rule, regulation, policy, guideline, guideline or directive (whether or not having the force of law), or any change in any such law, rule, regulation, policy, guideline or directive or in the interpretation or administration thereof by any governmental or quasi-governmental authority, central bank, bank or comparable agency charged with the interpretation or administration thereof, or compliance by any Lender, the Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer with any request or directive (whether or not having the force of law) of any such authority, central bank, bank or comparable agency: (a) 3.1.1 subjects the Lender or any Lender, applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to any Taxes, or changes the basis of taxation of payments (other than with respect to Excluded Taxes) to any Lender, the Lender or the LC Issuer or Acceptance Lender in respect of its Eurodollar Eurocurrency Loans, Facility LCs, Acceptances, LCs or participations therein;, or (b) 3.1.2 imposes or increases or deems applicable any reserve, assessment, insurance charge, special deposit, deposit or similar requirement against assets of, deposits with or for the account of, or credit extended by, the Lender or any Lender, applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer (other than reserves and assessments taken into account in determining the interest rate applicable to Eurodollar Eurocurrency Advances); , or (c) 3.1.3 imposes any other condition the result of which is to increase the cost to the Lender or any Lender, applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer of making, funding, funding or maintaining its Eurodollar LoansEurocurrency Loans or Commitment (including, without limitation, any conversion of any Loan denominated in an Agreed Currency other than euro into a Loan denominated in euro), or of issuing or participating in Facility LCs or AcceptancesLCs, or reduces any amount receivable by the Lender or any Lender, applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer in connection with its Eurodollar LoansEurocurrency Loans or Commitment, Facility LCs, Acceptances, or participations in Facility LCs or Acceptancesparticipations therein, or requires the Lender or any Lender, applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to make any payment calculated by reference to the amount of Eurodollar LoansEurocurrency Loans or Commitment, Facility LCs, Acceptances, or participations in Facility LCs or Acceptances participants therein held or interest or of LC Fees or Acceptance Fees received by it, by an amount deemed material by such Lender, the Lender or the LC Issuer, or Acceptance Lender, as the case may be; , and the result of any of the foregoing is to increase the cost to such Lender, the Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, of making or maintaining its Eurodollar Eurocurrency Loans (including, without limitation, any conversion of any Loan denominated in an Agreed Currency other than euro into a Loan denominated in euro) or Commitment, Commitment or of issuing or participating in Facility LCs, or of accepting or participating in Acceptances LCs or to reduce the return received by such Lender, the Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, in connection with such Eurodollar Loans, Eurocurrency Loans or Commitment, or Facility LCs, Acceptances, or participations in Facility LCs or Acceptances, then, within fifteen (15) days of demand by such the Lender, LC Issuer, or Acceptance Lender (any such demand to be made within 180 days of the date such Lender, LC Issuer, or Acceptance Lender obtains knowledge that it is entitled to compensation pursuant to this Section 3.1), as the case may be, the applicable Borrower or Borrowers shall pay such Lender, LC Issuer, or Acceptance Lender, as the case may be, Lender such additional amount or amounts as will compensate such Lender, the Lender or the LC Issuer, or Acceptance Lender, as the case may be, for such increased cost or reduction in amount received.

Appears in 1 contract

Samples: Revolving Credit Agreement (Johnson Outdoors Inc)

Yield Protection. If, on or after the Closing Datedate of this Agreement, the adoption of any law or any governmental or quasi-governmental rule, regulation, policy, guideline, guideline or directive (whether or not having the force of law), or any change in the interpretation or administration thereof by any governmental or quasi-governmental authority, central bank, bank or comparable agency charged with the interpretation or administration thereof, or compliance by any Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer with any request or directive (whether or not having the force of law) of any such authority, central bank, bank or comparable agency: (ai) subjects any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to any Taxes, or changes the basis of taxation of payments (other than with respect to Excluded Taxes) to any Lender, Lender or the LC Issuer or Acceptance Lender in respect of its Eurodollar Loans, Facility LCs, Acceptances, LCs or participations therein;, or (bii) imposes or increases or deems applicable any reserve, assessment, insurance charge, special deposit, deposit or similar requirement against assets of, deposits with or for the account of, or credit extended by, any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer (other than reserves and assessments taken into account in determining the interest rate applicable to Eurodollar Advances); , or (ciii) imposes any other condition the result of which is to increase the cost to any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer of making, funding, funding or maintaining its Eurodollar Loans, or of issuing or participating in Facility LCs or AcceptancesLCs, or reduces any amount receivable by any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer in connection with its Eurodollar Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, or requires any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to make any payment calculated by reference to the amount of Eurodollar Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptances therein held or interest or LC Fees or Acceptance Fees received by it, by an amount deemed material by such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be; , and the result of any of the foregoing is to increase the cost to such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, of making or maintaining its Eurodollar Loans or Commitment, Commitment or of issuing or participating in Facility LCs, or of accepting or participating in Acceptances LCs or to reduce the return received by such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, in connection with such Eurodollar Loans, Commitment, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, then, within fifteen 15 days of demand by such Lender, Lender or the LC Issuer, or Acceptance Lender (any such demand to be made within 180 days of the date such Lender, LC Issuer, or Acceptance Lender obtains knowledge that it is entitled to compensation pursuant to this Section 3.1), as the case may be, the applicable Borrower or Borrowers shall pay such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, such additional amount or amounts as will compensate such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, for such increased cost or reduction in amount received.

Appears in 1 contract

Samples: Credit Agreement (Maytag Corp)

Yield Protection. If, on or after the Closing Datedate of this Agreement, the adoption of any law or any governmental or quasi-governmental rule, regulation, policy, guideline, guideline or directive (whether or not having the force of law), or any change in the interpretation or administration thereof by any governmental or quasi-governmental authority, central bank, bank or comparable agency charged with the interpretation or administration thereof, or compliance by any Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer with any request or directive (whether or not having the force of law) of any such authority, central bank, bank or comparable agency: (ai) subjects any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to any Taxes, or changes the basis of taxation of payments (other than with respect to Excluded Taxes) to any Lender, Lender or the LC Issuer or Acceptance Lender in respect of its Eurodollar LIBOR Loans, Facility LCs, Acceptances, LCs or participations therein;, or (bii) imposes or increases or deems applicable any reserve, assessment, insurance charge, special deposit, deposit or similar requirement against assets of, deposits with or for the account of, or credit extended by, any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer (other than reserves and assessments taken into account in determining the interest rate applicable to Eurodollar LIBOR Advances); , or (ciii) imposes any other condition the result of which is to increase the cost to any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer of making, funding, funding or maintaining its Eurodollar LIBOR Loans, or of issuing or participating in Facility LCs or AcceptancesLCs, or reduces any amount receivable by any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer in connection with its Eurodollar LIBOR Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, or requires any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to make any payment calculated by reference to the amount of Eurodollar LIBOR Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptances therein held or interest or LC Fees or Acceptance Fees received by it, by an amount deemed material by such Lender, or the LC Issuer, or Acceptance Lender, Issuer as the case may be; , and the result of any of the foregoing is to increase the cost to such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, of making or maintaining its Eurodollar LIBOR Loans or Commitment, Commitment or of issuing or participating in Facility LCs, or of accepting or participating in Acceptances LCs or to reduce the return received by such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, in connection with such Eurodollar LIBOR Loans, Commitment, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, then, within fifteen (15) days of demand by such Lender, Lender or the LC Issuer, or Acceptance Lender (any such demand to be made within 180 days of the date such Lender, LC Issuer, or Acceptance Lender obtains knowledge that it is entitled to compensation pursuant to this Section 3.1), as the case may be, the applicable Borrower or Borrowers shall pay such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, such additional amount or amounts as will compensate such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, for such increased cost or reduction in amount received.

Appears in 1 contract

Samples: Credit Agreement (BJS Wholesale Club Inc)

Yield Protection. If, on or after the Closing Datedate of this Agreement, the adoption of any law or any governmental or quasi-governmental rule, regulation, policy, guideline, guideline or directive (whether or not having the force of law), or any change in the interpretation or administration thereof by any governmental or quasi-governmental authority, central bank, bank or comparable agency charged with the interpretation or administration thereof, or compliance by any Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer with any request or directive (whether or not having the force of law) of any such authority, central bank, bank or comparable agency: (ai) subjects any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to any Taxes, or changes the basis of taxation of payments (other than with respect to Excluded Taxes) to any Lender, Lender or the LC Issuer or Acceptance Lender in respect of its Eurodollar Loans, Facility LCs, Acceptances, LCs or participations therein;, or (bii) imposes or increases or deems applicable any reserve, assessment, insurance charge, special deposit, deposit or similar requirement against assets of, deposits with or for the account of, or credit extended by, any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer (other than reserves and assessments taken into account in determining the interest rate applicable to Eurodollar Advances); , or (ciii) imposes any other condition the result of which is to increase the cost to any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer of making, funding, funding or maintaining its Eurodollar Loans, or of issuing or participating in Facility LCs or AcceptancesLCs, or reduces any amount receivable by any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer in connection with its Eurodollar Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, or requires any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to make any payment calculated by reference to the amount of Eurodollar Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptances therein held or interest or LC Fees or Acceptance Fees received by it, by an amount deemed material by such Lender, or the LC Issuer, or Acceptance Lender, Issuer as the case may be; , and the result of any of the foregoing is to increase the cost to such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, of making or maintaining its Eurodollar Loans or Commitment, Commitment or of issuing or participating in Facility LCs, or of accepting or participating in Acceptances LCs or to reduce the return received by such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, in connection with such Eurodollar Loans, Commitment, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, then, within fifteen 15 days of demand by such Lender, Lender or the LC Issuer, or Acceptance Lender (any such demand to be made within 180 days of the date such Lender, LC Issuer, or Acceptance Lender obtains knowledge that it is entitled to compensation pursuant to this Section 3.1), as the case may be, the applicable Borrower or Borrowers shall pay such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, such additional amount or amounts as will compensate such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, for such increased cost or reduction in amount received.

Appears in 1 contract

Samples: Credit Agreement (Midas Inc)

Yield Protection. If, on or after the Closing Datedate of this Agreement, the adoption of any law or any governmental or quasi-governmental rule, regulation, policy, guideline, guideline or directive (whether or not having the force of law), or any change in the interpretation or administration thereof by any governmental or quasi-governmental authority, central bank, bank or comparable agency charged with the interpretation or administration thereof, or compliance by any Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer with any request or directive (whether or not having the force of law) of any such authority, central bank, bank or comparable agency: (ai) subjects any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to any Taxes, or changes the basis of taxation of payments (other than with respect to Excluded Taxes) to any Lender, Lender or the LC Issuer or Acceptance Lender in respect of its Eurodollar Loans, Facility LCs, Acceptances, LCs or participations therein;, or (bii) imposes or increases or deems applicable any reserve, assessment, insurance charge, special deposit, deposit or similar requirement against assets of, deposits with or for the account of, or credit extended by, any Lender, Lender or the LC Issuer or any applicable Lending Installation, LC Issuer, or Acceptance Lender Installation (other than reserves and assessments taken into account in determining the interest rate applicable to Eurodollar Advances); , or (ciii) imposes any other condition the result of which is to increase the cost to any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer of making, funding, funding or maintaining its Eurodollar Loans, Loans or of issuing or participating in Facility LCs or Acceptances, or reduces any amount receivable by any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer in connection with its Eurodollar Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, or requires any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to make any payment calculated by reference to the amount of Eurodollar Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptances therein held or interest or LC Fees or Acceptance Fees received by it, by an amount deemed material by such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be; , and the result of any of the foregoing is to increase the cost to such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, of making or maintaining its Eurodollar Loans or Commitment, Commitment or of issuing or participating in Facility LCs, or of accepting or participating in Acceptances LCs or to reduce the return received by such Lender, Lender or applicable Lending Installation, LC Issuer, or Acceptance Lender, as the case may be, Installation in connection with such Eurodollar Loans, Commitment, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptances, therein then, within fifteen 15 days of demand by such Lender, Lender or the LC Issuer, or Acceptance Lender (any such demand to be made within 180 days of the date such Lender, LC Issuer, or Acceptance Lender obtains knowledge that it is entitled to compensation pursuant to this Section 3.1), as the case may be, the applicable Borrower or Borrowers shall pay such Lender, LC Issuer, or Acceptance Lender, as the case may be, Lender such additional amount or amounts as will compensate such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, for such increased cost or reduction in amount received.

Appears in 1 contract

Samples: Credit Agreement (Puget Sound Energy Inc)

Yield Protection. If, on or after the Closing Datedate of this Agreement, the adoption of any law or any governmental or quasi-governmental rule, regulation, policy, guideline, guideline or directive (whether or not having the force of law), or any change in the interpretation or administration thereof by any governmental or quasi-governmental authority, central bank, bank or comparable agency charged with the interpretation or administration thereof, or compliance by any Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer with any request or directive (whether or not having the force of law) of any such authority, central bank, bank or comparable agency: (a) subjects any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to any Taxes, or changes the basis of taxation of payments (other than with respect to Excluded Taxes) to any Lender, Lender or the LC Issuer or Acceptance Lender in respect of its Eurodollar Loans, Facility LCs, Acceptances, LCs or participations therein;, or (b) imposes or increases or deems applicable any reserve, assessment, insurance charge, special deposit, deposit or similar requirement against assets of, deposits with or for the account of, or credit extended by, any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer (other than reserves and assessments taken into account in determining the interest rate applicable to Eurodollar Advances); , or (c) imposes any other condition the result of which is to increase the cost to any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer of making, funding, funding or maintaining its Eurodollar Loans, or of issuing or participating in Facility LCs or AcceptancesLCs, or reduces any amount receivable by any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer in connection with its Eurodollar Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, or requires any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to make any payment calculated by reference to the amount of Eurodollar Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptances therein, held or interest or LC Fees or Acceptance Fees received by it, by an amount deemed material by such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be; . and the result of any of the foregoing is to increase the cost to such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, of making or maintaining its Eurodollar Loans or Commitment, Commitment or of issuing or participating in Facility LCs, or of accepting or participating in Acceptances LCs or to reduce the return received by such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, in connection with such Eurodollar Loans, Commitment, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, then, within fifteen (15) days of demand by such Lender, Lender or the LC Issuer, or Acceptance Lender (any such demand to be made within 180 days of the date such Lender, LC Issuer, or Acceptance Lender obtains knowledge that it is entitled to compensation pursuant to this Section 3.1), as the case may be, the applicable Borrower or Borrowers shall pay such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, such additional amount or amounts as will compensate such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, for such increased cost or reduction in amount received.

Appears in 1 contract

Samples: 364 Day Credit Agreement (Aon Corp)

Yield Protection. If, on or after the Closing Date, the adoption of If any law or any governmental or quasi-quasi- ---------------- governmental rule, regulation, policy, guideline, guideline or directive (whether or not having the force of law), or any change in the interpretation or administration thereof by any governmental or quasi-governmental authority, central bank, or comparable agency charged with the interpretation or administration thereof, or the compliance by any Lender, applicable Lending Installation, LC Issuer, or Acceptance Lender with any request or directive (whether or not having the force of law) of any such authority, central bank, Lender or comparable agency:the Swing Line Lender therewith, (ai) subjects any Lender, Lender or the Swing Line Lender or any applicable Lending Installation, LC Issuer, or Acceptance Lender Installation to any Taxestax, duty, charge or withholding on or from payments due from the Borrower (excluding taxation of the overall net income of such Lender or the Swing Line Lender or applicable Lending Installation imposed by the jurisdiction or taxing authority in which its principal executive office or Lending Installation is located), or changes the basis of taxation of payments (other than with respect to Excluded Taxes) to any Lender, LC Issuer Lender or Acceptance the Swing Line Lender in respect of its Eurodollar LoansLoans or other amounts due it hereunder, Facility LCs, Acceptances, or participations therein;or (bii) imposes or increases or deems applicable any reserve, assessment, insurance charge, special deposit, deposit or similar requirement against assets of, deposits with or for the account of, or credit extended by, any Lender, Lender or the Swing Line Lender or any applicable Lending Installation, LC Issuer, or Acceptance Lender Installation (other than reserves and assessments taken into account in determining the interest rate applicable to Eurodollar Fixed Rate Advances); , or (ciii) imposes any other condition the result of which is to increase the cost to any Lender, Lender or the Swing Line Lender or any applicable Lending Installation, LC Issuer, or Acceptance Lender Installation of making, funding, funding or maintaining its Eurodollar Loans, or of issuing or participating in Facility LCs or Acceptances, Loans or reduces any amount receivable by any Lender, Lender or the Swing Line Lender or any applicable Lending Installation, LC Issuer, or Acceptance Lender Installation in connection with its Eurodollar Loans, Facility LCs, Acceptances, or participations in Facility LCs or Acceptances, or requires any Lender, Lender or the Swing Line Lender or any applicable Lending Installation, LC Issuer, or Acceptance Lender Installation to make any payment calculated by reference to the amount of Eurodollar Loans, Facility LCs, Acceptances, or participations in Facility LCs or Acceptances Loans held or interest or LC Fees or Acceptance Fees received by it, by an amount deemed material by such Lender, LC Issuer, or Acceptance Lender, as the case may be; and the result of any of the foregoing is to increase the cost to such Lender, applicable Lending Installation, LC Issuer, or Acceptance Lender, as the case may be, of making or maintaining its Eurodollar Loans or Commitment, of issuing or participating in Facility LCs, or of accepting or participating in Acceptances or to reduce the return received by such Lender, applicable Lending Installation, LC Issuer, or Acceptance Lender, as the case may be, in connection with such Eurodollar Loans, Commitment, Facility LCs, Acceptances, or participations in Facility LCs or Acceptancesit, then, within fifteen 15 days of demand by such Lender or the Swing Line Lender, LC Issuer, or Acceptance Lender (any such demand to be made within 180 days of the date such Lender, LC Issuer, or Acceptance Lender obtains knowledge that it is entitled to compensation pursuant to this Section 3.1), as the case may be, the applicable Borrower or Borrowers shall pay such Lender, LC Issuer, or Acceptance Lender, as the case may be, such additional amount or amounts as will compensate such Lender, LC Issuer, or Acceptance Lender, as the case may be, for that portion of such increased cost expense incurred or reduction in an amount receivedreceived which such Lender or the Swing Line Lender determines is attributable to making, funding and maintaining its Loans and its Commitment.

Appears in 1 contract

Samples: Credit Agreement (National Data Corp)

Yield Protection. If, on or after the Closing Datedate of this Agreement, the adoption of any law or any governmental or quasi-governmental rule, regulation, policy, guideline, guideline or directive (whether or not having the force of law), or any change in the interpretation or administration thereof by any governmental or quasi-governmental authority, central bank, bank or comparable agency charged with the interpretation or administration thereof, or compliance by any Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer with any request or directive (whether or not having the force of law) of any such authority, central bank, bank or comparable agency: (ai) subjects any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to any Taxes, or changes the basis of taxation of payments (other than with respect to Excluded Taxes) to any Lender, Lender or the LC Issuer or Acceptance Lender in respect of its Eurodollar Loans, Facility LCs, Acceptances, LCs or participations therein;, or (bii) imposes or increases or deems applicable any reserve, assessment, insurance charge, special deposit, deposit or similar requirement against assets of, deposits with or for the account of, or credit extended by, any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer (other than reserves and assessments taken into account in determining the interest rate applicable to Eurodollar Advances); , or (ciii) imposes any other condition the result of which is to increase the cost to any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer of making, funding, funding or maintaining its Eurodollar Loans, or of issuing or participating in Facility LCs or AcceptancesLCs, or reduces any amount receivable by any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer in connection with its Eurodollar Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, or requires any Lender, Lender or any applicable Lending Installation, Installation or LC Issuer, or Acceptance Lender Issuer to make any payment calculated by reference to the amount of Eurodollar Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptances therein held or interest or LC Fees or Acceptance Fees received by it, by an amount deemed material by such Lender, Lender or the LC Issuer, or Acceptance Lender, Issuer as the case may be; , and the result of any of the foregoing is to increase the cost to such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, of making or maintaining its Eurodollar Loans or Commitment, Commitment or of issuing or participating in Facility LCs, or of accepting or participating in Acceptances LCs or to reduce the return received by such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, in connection with such Eurodollar Loans, Commitment, Facility LCs, Acceptances, Commitment or participations in Facility LCs or Acceptancesparticipations therein, then, if such Lender, applicable Lending Institution or the LC Issuer makes demand on the Borrower within fifteen 180 days of such occurrence, within 30 days of demand by such Lender, Lender or the LC Issuer, or Acceptance Lender (any such demand to be made within 180 days of the date such Lender, LC Issuer, or Acceptance Lender obtains knowledge that it is entitled to compensation pursuant to this Section 3.1), as the case may be, the applicable Borrower or Borrowers shall pay such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, such additional amount or amounts as will compensate such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, for such increased cost or reduction in amount received, but without duplication, including by reason of the provisions of any other Section of this Article III.

Appears in 1 contract

Samples: Credit Agreement (Lancaster Colony Corp)

Yield Protection. If, on or after the Closing Datedate of this Agreement, the adoption of any law or any governmental or quasi-governmental rule, regulation, policy, guideline, guideline or directive (whether or not having the force of law), or any change in the interpretation or administration thereof by any governmental or quasi-governmental authority, central bank, bank or comparable agency charged with the interpretation or administration thereof, or compliance by any Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer with any request or directive (whether or not having the force of law) of any such authority, central bank, bank or comparable agency: (a) : subjects any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to any Taxes, or changes the basis of taxation of payments (other than with respect to Excluded Taxes) to any Lender, Lender or the LC Issuer or Acceptance Lender in respect of its Eurodollar Eurocurrency Loans, Facility LCs, Acceptances, LCs or participations therein; (b) , or imposes or increases or deems applicable any reserve, assessment, insurance charge, special deposit, deposit or similar requirement against assets of, deposits with or for the account of, or credit extended by, any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer (other than reserves and assessments taken into account in determining the interest rate applicable to Eurodollar Eurocurrency Advances); or (c) , or imposes any other condition the result of which is to increase the cost to any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer of making, funding, funding or maintaining its Eurodollar LoansEurocurrency Loans (including, without limitation, any conversion of any Loan denominated in an Agreed Currency other than Euro into a Loan denominated in Euro), or of issuing or participating in Facility LCs or AcceptancesLCs, or reduces any amount receivable by any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer in connection with its Eurodollar Eurocurrency Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, or requires any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to make any payment calculated by reference to the amount of Eurodollar Eurocurrency Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptances therein held or interest or LC Fees or Acceptance Fees received by it, by an amount deemed material by such Lender, Lender or the LC Issuer, or Acceptance Lender, Issuer as the case may be; , and the result of any of the foregoing is to increase the cost to such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, of making or maintaining its Eurodollar Eurocurrency Loans (including, without limitation, any conversion of any Loan denominated in an Agreed Currency other than Euro into a Loan denominated in Euro) or Commitment, Commitment or of issuing or participating in Facility LCs, or of accepting or participating in Acceptances or to reduce the return received by such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, in connection with such Eurodollar Eurocurrency Loans, Commitment, Facility LCs, Acceptances, Commitment or participations in Facility LCs or Acceptancesparticipations therein, then, within fifteen 15 days of demand by such Lender, Lender or the LC Issuer, or Acceptance Lender (any such demand to be made within 180 days of the date such Lender, LC Issuer, or Acceptance Lender obtains knowledge that it is entitled to compensation pursuant to this Section 3.1), as the case may be, the applicable Borrower or Borrowers shall pay such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, such additional amount or amounts as will compensate such Lender, LC Issuer, or Acceptance Lender, as the case may be, Lender for such increased cost or reduction in amount received.

Appears in 1 contract

Samples: Credit Agreement (Modine Manufacturing Co)

Yield Protection. If, on or after the Closing Datedate of this Agreement, the adoption of any law or any governmental or quasi-governmental rule, regulation, policy, guideline, guideline or directive (whether or not having the force of law), or any change in the interpretation or administration thereof by any governmental or quasi-governmental authority, central bank, bank or comparable agency charged with the interpretation or administration thereof, or compliance by any Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer with any request or directive (whether or not having the force of law) of any such authority, central bank, bank or comparable agency: (ai) subjects any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to any Taxes, or changes the basis of taxation of payments (other than with respect to Excluded Taxes) to any Lender, Lender or the LC Issuer or Acceptance Lender in respect of its Eurodollar Loans, Facility LCs, Acceptances, LCs or participations therein;, or (bii) imposes or increases or deems applicable any reserve, assessment, insurance charge, special deposit, deposit or similar requirement against assets of, deposits with or for the account of, or credit extended by, any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer (other than reserves and assessments taken into account in determining the interest rate applicable to Eurodollar Advances); , or (ciii) imposes any other condition the result of which is to increase the cost to any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer of making, funding, funding or maintaining its Eurodollar Loans, or of issuing or participating in Facility LCs or Acceptances, or reduces any amount receivable by any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer in connection with its Eurodollar Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, or requires any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to make any payment calculated by reference to the amount of Eurodollar Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptances therein held or interest or LC Fees or Acceptance Fees received by it, by an amount deemed material by such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be; , and the result of any of the foregoing is to increase the cost to such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, of making or maintaining its Eurodollar Loans 25 Loans, or Commitment, Commitment or of issuing or participating in Facility LCs, or of accepting or participating in Acceptances LCs or to reduce the return received by such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, in connection with such Eurodollar Loans, Commitment, Facility LCs, Acceptances, participations therein or participations in Facility LCs or AcceptancesCommitment, then, within fifteen 15 days of demand by such Lender, Lender or the LC Issuer, or Acceptance Lender (any such demand to be made within 180 days of the date such Lender, LC Issuer, or Acceptance Lender obtains knowledge that it is entitled to compensation pursuant to this Section 3.1), as the case may be, the applicable Borrower or Borrowers shall pay such Lender, LC Issuer, or Acceptance Lender, as the case may be, Lender such additional amount or amounts as will compensate such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, for such increased cost or reduction in amount received.

Appears in 1 contract

Samples: Credit Agreement (Gpu Inc /Pa/)

Yield Protection. If, on or after the Closing Date, the adoption of any law or any governmental or quasi-governmental rule, regulation, policy, guideline, guideline or directive (whether or not having the force of law), or any change in the interpretation or administration thereof by any governmental or quasi-governmental authority, central bank, bank or comparable agency charged with the interpretation or administration thereof, or compliance by any Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer with any request or directive (whether or not having the force of law) of any such authority, central bank, bank or comparable agency: (a) subjects any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to any Taxes, or changes the basis of taxation of payments (other than with respect to Excluded Taxes) to any Lender, Lender or the LC Issuer or Acceptance Lender in respect of its Eurodollar Loans, Facility LCs, Acceptances, LCs or participations therein;, or (b) imposes or increases or deems applicable any reserve, assessment, insurance charge, special deposit, deposit or similar requirement against assets of, deposits with or for the account of, or credit extended by, any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer (other than reserves and assessments taken into account in determining the interest rate applicable to Eurodollar Advances); , or (c) imposes any other condition the result of which is to increase the cost to any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer of making, funding, funding or maintaining its Eurodollar Loans, or of issuing or participating in Facility LCs or AcceptancesLCs, or reduces any amount receivable by any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer in connection with its Eurodollar Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, or requires any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to make any payment calculated by reference to the amount of Eurodollar Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptances therein held or interest or LC Fees or Acceptance Fees received by it, by an amount deemed material by such Lender, Lender or the LC Issuer, or Acceptance Lender, Issuer as the case may be; , and the result of any of the foregoing is to increase the cost to such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, of making or maintaining its Eurodollar Loans or Commitment, Commitment or of issuing or participating in Facility LCs, or of accepting or participating in Acceptances LCs or to reduce the return received by such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, in connection with such Eurodollar Loans, Commitment, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, then, within fifteen days of demand by such Lender, Lender or the LC Issuer, or Acceptance Lender (any such demand to be made within 180 days of the date such Lender, LC Issuer, or Acceptance Lender obtains knowledge that it is entitled to compensation pursuant to this Section 3.1), as the case may be, the applicable Borrower or Borrowers shall pay such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, such additional amount or amounts as will compensate such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, for such increased cost or reduction in amount received.

Appears in 1 contract

Samples: Credit Agreement (USA Compression Partners, LP)

Yield Protection. (a) If, on or after the Closing Datedate of this Agreement, the adoption of any law or any governmental or quasi-governmental rule, regulation, policy, guideline, guideline or directive (whether or not having the force of law), or any change in the interpretation or administration thereof by any governmental or quasi-governmental authority, central bank, bank or comparable agency charged with the interpretation or administration thereof, or compliance by any Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer with any request or directive (whether or not having the force of law) of any such authority, central bank, bank or comparable agency: (ai) subjects any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to any Taxes, or changes the basis of taxation of payments (other than with respect to Excluded Taxes) to any Lender, Lender or the LC Issuer or Acceptance Lender in respect of its Eurodollar Eurocurrency Loans, Facility LCs, Acceptances, LCs or participations therein;, or (bii) imposes or increases or deems applicable any reserve, assessment, insurance charge, special deposit, deposit or similar requirement against assets of, deposits with or for the account of, or credit extended by, any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer (other than reserves and assessments taken into account in determining the interest rate applicable to Eurodollar Eurocurrency Advances); , or (ciii) imposes any other condition the result of which is to increase the cost to any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer of making, funding, funding or maintaining its Eurodollar Eurocurrency Loans, or of issuing or participating in Facility LCs or AcceptancesLCs, or reduces any amount receivable by any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer in connection with its Eurodollar Eurocurrency Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, or requires any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to make any payment calculated by reference to the amount of Eurodollar Eurocurrency Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptances therein held or interest or LC Fees or Acceptance Fees received by it, by an amount deemed material by such Lender, Lender or the LC Issuer, or Acceptance Lender, Issuer as the case may be; , and the result of any of the foregoing is to increase the cost to such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, of making or maintaining its Eurodollar Eurocurrency Loans or Commitment, Commitment or of issuing or participating in Facility LCs, or of accepting or participating in Acceptances LCs or to reduce the return received by such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, in connection with such Eurodollar Eurocurrency Loans, Commitment, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, then, within fifteen 15 days of demand by such Lender, Lender or the LC Issuer, or Acceptance Lender (any such demand to be made within 180 days of the date such Lender, LC Issuer, or Acceptance Lender obtains knowledge that it is entitled to compensation pursuant to this Section 3.1), as the case may be, the applicable Borrower or Borrowers shall pay such Lender, LC Issuer, or Acceptance Lender, as the case may be, Lender such additional amount or amounts as will compensate such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, for such increased cost or reduction in amount received. (b) NON-U.S. RESERVE COSTS OR FEES WITH RESPECT TO LOANS TO NON-U.S.

Appears in 1 contract

Samples: Credit Agreement (Corrpro Companies Inc /Oh/)

Yield Protection. If, on or after the Closing Datedate of this Agreement, the adoption of any law or any governmental or quasi-governmental rule, regulation, policy, guideline, guideline or directive (whether or not having the force of law), or any change in the interpretation or administration thereof by any governmental or quasi-governmental authority, central bank, bank or comparable agency charged with the interpretation or administration thereof, or compliance by any Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer with any request or directive (whether or not having the force of law) of any such authority, central bank, bank or comparable agency: (ai) subjects any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to any Taxes, or changes the basis of taxation of payments (other than with respect to Excluded Taxes) to any Lender, Lender or the LC Issuer or Acceptance Lender in respect of its Eurodollar LoansFixed Rate, Facility LCs, Acceptances, LCs or participations therein;, or (bii) imposes or increases or deems applicable any reserve, assessment, insurance charge, special deposit, deposit or similar requirement against assets of, deposits with or for the account of, or credit extended by, any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer (other than reserves and assessments taken into account in determining the interest rate applicable to Eurodollar AdvancesFixed Rate Loans); , or (ciii) imposes any other condition the result of which is to increase the cost to any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer of making, funding, funding or maintaining its Eurodollar Fixed Rate Loans, or of issuing or participating in Facility LCs or AcceptancesLCs, or reduces any amount receivable by any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender issuer in connection with its Eurodollar Fixed Rate Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, or requires any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to make any payment calculated by reference to the amount of Eurodollar Fixed Rate Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptances therein held or interest or LC Fees or Acceptance Fees received by it, by an amount deemed material by such Lender, Lender or the LC Issuer, or Acceptance Lender, Issuer as the case may be; , and the result of any of the foregoing is to increase the cost to such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, of making or maintaining its Eurodollar Fixed Rate Loans or Commitment, Commitment or of issuing or participating in Facility LCs, or of accepting or participating in Acceptances LCs or to reduce the return received by such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, in connection with such Eurodollar Fixed Rate Loans, Commitment, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, then, within fifteen 15 days of demand by such Lender, Lender or the LC Issuer, or Acceptance Lender (any such demand to be made within 180 days of the date such Lender, LC Issuer, or Acceptance Lender obtains knowledge that it is entitled to compensation pursuant to this Section 3.1), as the case may be, the applicable Borrower or Borrowers shall pay such Lender, LC Issuer, or Acceptance Lender, as the case may be, Lender such additional amount or amounts as will compensate such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, for such increased cost or reduction in amount received.

Appears in 1 contract

Samples: Credit Agreement (Kaydon Corp)

Yield Protection. If, on or after the Closing Datedate of this Agreement, the adoption of any law or any governmental or quasi-governmental rule, regulation, policy, guideline, guideline or directive (whether or not having the force of law), or any change in the interpretation or administration thereof by any governmental or quasi-governmental authority, central bank, bank or comparable agency charged with the interpretation or administration thereof, or compliance by any Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer with any request or directive (whether or not having the force of law) of any such authority, central bank, bank or comparable agency: (ai) subjects any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to any Taxes, or changes the basis of taxation of payments (other than with respect to Excluded Taxes) to any Lender, Lender or the LC Issuer or Acceptance Lender in respect of its Eurodollar Loans, Facility LCs, Acceptances, LCs or participations therein;, or (bii) imposes or increases or deems applicable any reserve, assessment, insurance charge, special deposit, deposit or similar requirement against assets of, deposits with or for the account of, or credit extended by, any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer (other than reserves and assessments taken into account in determining the interest rate applicable to Eurodollar Advances); , or (ciii) imposes any other condition the result of which is to increase the cost to any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer of making, funding, funding or maintaining its Eurodollar Loans, Loans or of issuing or participating in Facility LCs or Acceptances, or reduces any amount receivable by any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer in connection with its Eurodollar Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, or requires any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to make any payment calculated by reference to the amount of Eurodollar Loans, Facility LCs, Acceptances, or participations in Facility LCs or Acceptances Loans held or interest or LC Fees or Acceptance Fees received by it, by an amount deemed material by such Lender, LC Issuer, or Acceptance Lender, as the case may be; and the result of any of the foregoing is to increase the cost to such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, of making or maintaining its Eurodollar Loans or Commitment, Commitment or of issuing or participating in Facility LCs, or of accepting or participating in Acceptances LCs or to reduce the return received by such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, in connection with such Eurodollar Loans, Commitment, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, then, within fifteen 15 days of demand by such Lender, Lender or the LC Issuer, or Acceptance Lender (any such demand to be made within 180 days of the date such Lender, LC Issuer, or Acceptance Lender obtains knowledge that it is entitled to compensation pursuant to this Section 3.1), as the case may be, the applicable Borrower or Borrowers shall pay such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, such additional amount or amounts as will compensate such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, for such increased cost or reduction in amount received.

Appears in 1 contract

Samples: Credit Agreement (Papa Johns International Inc)

Yield Protection. If, on or after the Closing Datedate of this Agreement, the ---------------- adoption of any law or any governmental or quasi-governmental rule, regulation, policy, guideline, guideline or directive (whether or not having the force of law), or any change in the interpretation or administration thereof by any governmental or quasi-governmental authority, central bank, bank or comparable agency charged with the interpretation or administration thereof, or compliance by any Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer with any request or directive (whether or not having the force of law) of any such authority, central bank, bank or comparable agency: (ai) subjects any Lender, such Lender or such applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to any Taxes, or changes the basis of taxation of payments (other than with respect to Excluded Taxes) to any Lender, such Lender or the LC Issuer or Acceptance Lender in respect of its Eurodollar Loans, Facility LCs, Acceptances, LCs or participations therein;, or (bii) imposes or increases or deems applicable any reserve, assessment, insurance charge, special deposit, deposit or similar requirement against assets of, deposits with or for the account of, or credit extended by, any Lender, such Lender or such applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer (other than reserves and assessments taken into account in determining the interest rate applicable to Eurodollar Advances); , or (ciii) imposes any other condition the result of which is to increase the cost to any Lender, such Lender or such applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer of making, funding, funding or maintaining its Eurodollar Loans, or of issuing or participating in Facility LCs or AcceptancesLCs, or reduces any amount receivable by any Lender, such Lender or such applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer in connection with its Eurodollar Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, or requires any Lender, such Lender or such applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to make any payment calculated by reference to the amount of Eurodollar Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptances therein held or interest or LC Fees or Acceptance Fees received by it, by an amount deemed material by such Lender, Lender or the LC Issuer, or Acceptance Lender, Issuer as the case may be; , and the result of any of the foregoing is to increase the cost to such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, of making or maintaining its Eurodollar Loans or Commitment, Commitment or of issuing or participating in Facility LCs, or of accepting or participating in Acceptances LCs or to reduce the return received by such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, in connection with such Eurodollar Loans, Commitment, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, then, within fifteen 15 days of after written demand by such Lender, Lender or the LC Issuer, or Acceptance Lender (any such demand to be made within 180 days of the date such Lender, LC Issuer, or Acceptance Lender obtains knowledge that it is entitled to compensation pursuant to this Section 3.1), as the case may be, showing in reasonable detail the applicable computations supporting such Lender's or the LC Issuer's, as the case may be, claims of increased cost or reduction of return, the Borrower or Borrowers shall pay such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, such additional amount or amounts as will compensate such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, for such increased cost or reduction in amount received, provided that the Borrower shall not be obligated to pay any such amount or amounts which are attributable to any period of time occurring more than one year prior to the date of receipt by the Borrower of such written demand except to the extent such increased cost or reduction in amount received is the result of any of the matters referred to above having retroactive effect.

Appears in 1 contract

Samples: Credit Agreement (Luiginos Inc)

Yield Protection. If, on or after the Closing Date, the adoption of If any law or any governmental or quasi-governmental rule, regulation, policy, guideline, guideline or directive (whether or not having the force of law), or any change in the interpretation or administration thereof by any governmental or quasi-governmental authority, central bank, or comparable agency charged with the interpretation or administration thereof, or provided compliance by any Lender, applicable Lending Installation, LC Issuer, or Acceptance Lender with any request or directive (whether or therewith is customary practice if not having the force of law) ), or any interpretation thereof, or the compliance of any such authorityLender, central bank, Swing Loan Lender or comparable agency:LC Issuer therewith, (ai) subjects any Lender, Swing Loan Lender or LC Issuer or any applicable Lending InstallationInstallation to any tax, duty, charge or withholding on or from payments due from the Borrower (excluding taxes (including income taxes, franchise taxes and branch profit taxes) as are imposed on or measured by such Lender's, Swing Loan Lender's or LC Issuer's, as the case may be, income by the United States of America or any Governmental Authority of the jurisdiction under the laws of which such Lender, Swing Loan Lender or LC Issuer, as the case may be, is organized or Acceptance Lender to any Taxesmaintains its Lending Installation), or changes the basis of taxation of payments (other than with respect to Excluded Taxes) to any Lender, Swing Loan Lender or LC Issuer or Acceptance Lender in respect of its Eurodollar Loans, Facility LCsLCs or other amounts due it hereunder, Acceptances, or participations therein;or (bii) imposes or increases or deems applicable any reserve, assessment, insurance charge, special deposit, deposit or similar requirement against assets of, deposits with or for the account of, or credit extended by, any Lender, Swing Loan Lender or LC Issuer or any applicable Lending Installation, LC Issuer, or Acceptance Lender Installation (other than reserves and assessments taken into account in determining the interest rate applicable to Eurodollar Advances); , or (ciii) imposes any other condition condition, in each case, the result of which is to increase the cost to any Lender, Swing Loan Lender or LC Issuer or any applicable Lending Installation, LC Issuer, or Acceptance Lender Installation of making, funding, issuing or maintaining its Eurodollar Loans, Loans or of issuing or participating in Facility LCs or Acceptances, or reduces any amount receivable by any Lender, Swing Loan Lender or LC Issuer or any applicable Lending Installation, LC Issuer, or Acceptance Lender Installation in connection with its Eurodollar Loans, Loans or Facility LCs, Acceptances, or participations in Facility LCs or Acceptances, or requires any Lender, Swing Loan Lender or LC Issuer or any applicable Lending Installation, LC Issuer, or Acceptance Lender Installation to make any payment calculated by reference to the amount of Eurodollar LoansLoans held, Facility LCs, Acceptances, or participations in Facility LCs or Acceptances held issued or interest or LC Fees or Acceptance Fees fees received by it, by an amount deemed material by such Lender, Swing Loan Lender or LC Issuer, or Acceptance Lender, as the case may be; and the result of any of the foregoing is to increase the cost to such Lender, applicable Lending Installation, LC Issuer, or Acceptance Lender, as the case may be, of making or maintaining its Eurodollar Loans or Commitment, of issuing or participating in Facility LCs, or of accepting or participating in Acceptances or to reduce the return received by such Lender, applicable Lending Installation, LC Issuer, or Acceptance Lender, as the case may be, in connection with such Eurodollar Loans, Commitment, Facility LCs, Acceptances, or participations in Facility LCs or Acceptances, then, within fifteen 15 days of demand by such Lender, Swing Loan Lender or LC Issuer, or Acceptance Lender (any such demand the Borrower shall pay to be made within 180 days the Administrative Agent for the account of the date such Lender, Swing Loan Lender or LC Issuer, or Acceptance Lender obtains knowledge Issuer that it is entitled to compensation pursuant to this Section 3.1), as the case may be, the applicable Borrower or Borrowers shall pay such Lender, LC Issuer, or Acceptance Lender, as the case may be, such additional amount or amounts as will compensate such Lender, LC Issuer, or Acceptance Lender, as the case may be, for portion of such increased cost expense incurred or reduction in an amount received.received which such

Appears in 1 contract

Samples: Credit Agreement (TJX Companies Inc /De/)

Yield Protection. If, on or after the Closing Datedate of this Agreement, the adoption of any law or any governmental or quasi-governmental rule, regulation, policy, guideline, guideline or directive (whether or not having the force of law), or any change in the interpretation or administration thereof by any governmental or quasi-governmental authority, central bank, bank or comparable agency charged with the interpretation or administration thereof, or compliance by any Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer with any request or directive (whether or not having the force of law) of any such authority, central bank, bank or comparable agency: (ai) subjects any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to any Taxes, or changes the basis of taxation of payments (other than with respect to Excluded Taxes) to any Lender, Lender or the LC Issuer or Acceptance Lender in respect of its Eurodollar Loans, Facility LCs, Acceptances, LCs or participations therein;, or (bii) imposes or increases or deems applicable any reserve, assessment, insurance charge, special deposit, deposit or similar requirement against assets of, deposits with or for the account of, or credit extended by, any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer (other than reserves and assessments taken into account in determining the interest rate applicable to Eurodollar Advances); , or (ciii) imposes any other condition the result of which is to increase the cost to any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer of making, funding, funding or maintaining its Eurodollar Loans, or of issuing or participating in Facility LCs or Acceptances, or reduces any amount receivable by any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer in connection with its Eurodollar Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, or requires any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to make any payment calculated by reference to the amount of Eurodollar Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptances therein held or interest or LC Fees or Acceptance Fees received by it, by an amount deemed material by such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be; , and the result of any of the foregoing is to increase the cost to such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, of making or maintaining its Eurodollar Loans Loans, or Commitment, Commitment or of issuing or participating in Facility LCs, or of accepting or participating in Acceptances LCs or to reduce the return received by such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, in connection with such Eurodollar Loans, Commitment, Facility LCs, Acceptances, participations therein or participations in Facility LCs or AcceptancesCommitment, then, within fifteen 15 days of demand by such Lender, Lender or the LC Issuer, or Acceptance Lender (any such demand to be made within 180 days of the date such Lender, LC Issuer, or Acceptance Lender obtains knowledge that it is entitled to compensation pursuant to this Section 3.1), as the case may be, the applicable Borrower or Borrowers shall pay such Lender, LC Issuer, or Acceptance Lender, as the case may be, Lender such additional amount or amounts as will compensate such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, for such increased cost or reduction in amount received.

Appears in 1 contract

Samples: Credit Agreement (Puget Sound Energy Inc)

Yield Protection. If, on or after the Closing Datedate of this Agreement, the adoption of any law or any governmental or quasi-governmental rule, regulation, policy, guideline, guideline or directive (whether or not having the force of law), or any change in the interpretation or administration thereof by any governmental or quasi-governmental authority, central bank, bank or comparable agency charged with the interpretation or administration thereof, or compliance by any Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer with any request or directive (whether or not having the force of law) of any such authority, central bank, bank or comparable agency: (ai) subjects any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to any Taxes, or changes the basis of taxation of payments (other than with respect to Excluded Taxes) to any Lender, Lender or the LC Issuer or Acceptance Lender in respect of its Eurodollar Loans, Facility LCs, Acceptances, LCs or participations therein;, or (bii) imposes or increases or deems applicable any reserve, assessment, insurance charge, special deposit, deposit or similar requirement against assets of, deposits with or for the account of, or credit extended by, any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer (other than reserves and assessments taken into account in determining the interest rate applicable to Eurodollar Advances); , or (ciii) imposes any other condition the result of which is to increase the cost to any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer of making, funding, funding or maintaining its Eurodollar Loans, or of issuing or participating in Facility LCs or AcceptancesLCs, or reduces any amount receivable by any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer in connection with its Eurodollar Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, or requires any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to make any payment calculated by reference to the amount of Eurodollar Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptances therein held or interest or LC Fees or Acceptance Fees received by it, by an amount deemed material by such Lender, Lender or the LC Issuer, or Acceptance Lender, Issuer as the case may be; , and the result of any of the foregoing is to increase the cost to such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, of making or maintaining its Eurodollar Loans or Commitment, Commitment or of issuing or participating in Facility LCs, or of accepting or participating in Acceptances LCs or to reduce the return received by such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, in connection with such Eurodollar Loans, Commitment, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, then, within fifteen 15 days of demand by such Lender, Lender or the LC Issuer, or Acceptance Lender (any such demand to be made within 180 days of the date such Lender, LC Issuer, or Acceptance Lender obtains knowledge that it is entitled to compensation pursuant to this Section 3.1), as the case may be, the applicable Borrower or Borrowers shall pay such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, such additional amount or amounts as will compensate such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, for such increased cost or reduction in amount received, provided, however, that no Lender or LC Issuer shall be entitled to receive any such increased costs to the extent incurred more than 180 days prior to the date that such Lender or LC Issuer makes such a demand, provided, further, that if a change in law giving rise to such increased cost is retroactive, then the 180 day period referred to above shall be extended to include the period of retroactive effect thereof.

Appears in 1 contract

Samples: Credit Agreement (Commonwealth Edison Co)

Yield Protection. If, on or after the Closing Datedate of this Agreement, the adoption of any law or any governmental or quasi-governmental rule, regulation, policy, guideline, guideline or directive (whether or not having the force of law), or any change in the interpretation or administration thereof by any governmental or quasi-governmental authority, central bank, bank or comparable agency charged with the interpretation or administration thereof, or compliance by any Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer with any request or directive (whether or not having the force of law) of any such authority, central bank, bank or comparable agency: (ai) subjects any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to any Taxes, or changes the basis of taxation of payments (other than with respect to Excluded Taxes) to any Lender, Lender or the LC Issuer or Acceptance Lender in respect of its Eurodollar Loans, Facility LCs, Acceptances, LCs or participations therein;, or (bii) imposes or increases or deems applicable any reserve, assessment, insurance charge, special deposit, deposit or similar requirement against assets of, deposits with or for the account of, or credit extended by, any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer (other than reserves and assessments taken into account in determining the interest rate applicable to Eurodollar Advances); , or (ciii) imposes any other condition the result of which is to increase the cost to any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer of making, funding, funding or maintaining its Eurodollar Loans, or of issuing or participating in Facility LCs or AcceptancesLCs, or reduces any amount receivable by any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer in connection with its Eurodollar Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, or requires any Lender, Lender or any applicable Lending Installation, Installation or LC Issuer, or Acceptance Lender Issuer to make any payment calculated by reference to the amount of Eurodollar Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptances therein held or interest or LC Fees or Acceptance Fees received by it, by an amount deemed material by such Lender, Lender or the LC Issuer, or Acceptance Lender, Issuer as the case may be; , and the result of any of the foregoing is to increase the cost to such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, of making or maintaining its Eurodollar Loans or Commitment, Commitment or of issuing or participating in Facility LCs, or of accepting or participating in Acceptances LCs or to reduce the return received by such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, in connection with such Eurodollar Loans, Commitment, Facility LCs, Acceptances, Commitment or participations in Facility LCs or Acceptancesparticipations therein, then, if such Lender, applicable Lending Institution or the LC Issuer makes demand on the Borrower within fifteen 180 days of such occurrence, within 30 days of demand by such Lender, Lender or the LC Issuer, or Acceptance Lender (any such demand to be made within 180 days of the date such Lender, LC Issuer, or Acceptance Lender obtains knowledge that it is entitled to compensation pursuant to this Section 3.1), as the case may be, the applicable Borrower or Borrowers shall pay such Lender, LC Issuer, or Acceptance Lender, as the case may be, such additional amount or amounts as will compensate such Lender, LC Issuer, or Acceptance Lender, as the case may be, for such increased cost or reduction in amount received.pay

Appears in 1 contract

Samples: Credit Agreement (Lancaster Colony Corp)

Yield Protection. If, on or after the Closing Datedate of this Agreement, the ---------------- adoption of any law or any governmental or quasi-governmental rule, regulation, policy, guideline, guideline or directive (whether or not having the force of law), or any change in the interpretation or administration thereof by any governmental or quasi-governmental authority, central bank, bank or comparable agency charged with the interpretation or administration thereof, or compliance by any Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer with any request or directive (whether or not having the force of law) of any such authority, central bank, bank or comparable agency: (ai) subjects any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to any Taxes, or changes the basis of taxation of payments (other than with respect to Excluded Taxes) to any Lender, Lender or the LC Issuer or Acceptance Lender in respect of its Eurodollar Loans, Facility LCs, Acceptances, LCs or participations therein;, or (bii) imposes or increases or deems applicable any reserve, assessment, insurance charge, special deposit, deposit or similar requirement against assets of, deposits with or for the account of, or credit extended by, any Lender, Lender or the LC Issuer or any applicable Lending Installation, LC Issuer, or Acceptance Lender Installation (other than reserves and assessments taken into account in determining the interest rate applicable to Eurodollar Advances); , or (ciii) imposes any other condition the result of which is to increase the cost to any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer of making, funding, funding or maintaining its Eurodollar Loans, Loans or of issuing or participating in Facility LCs or Acceptances, or reduces any amount receivable by any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer in connection with its Eurodollar Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, or requires any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to make any payment calculated by reference to the amount of Eurodollar Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptances therein held or interest or LC Fees or Acceptance Fees received by it, by an amount deemed material by such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be; , and the result of any of the foregoing is to increase the cost to such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, of making or maintaining its Eurodollar Loans or Commitment, Commitment or of issuing or participating in Facility LCs, or of accepting or participating in Acceptances LCs or to reduce the return received by such Lender, Lender or applicable Lending Installation, LC Issuer, or Acceptance Lender, as the case may be, Installation in connection with such Eurodollar Loans, Commitment, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptances, therein then, within fifteen 15 days of written demand by such Lender, Lender or the LC Issuer, or Acceptance Lender (any such demand to be made within 180 days of the date such Lender, LC Issuer, or Acceptance Lender obtains knowledge that it is entitled to compensation pursuant to this Section 3.1), as the case may be, the applicable Borrower or Borrowers shall pay such Lender, LC Issuer, or Acceptance Lender, as the case may be, Lender such additional amount or amounts as will compensate such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, for such increased cost or reduction in amount received.

Appears in 1 contract

Samples: Credit Agreement (Transit Group Inc)

Yield Protection. If, on or after the Closing Datedate of this Agreement, the adoption of there occurs any law or any governmental or quasi-governmental rule, regulation, policy, guideline, or directive (whether or not having the force of law), or any change Change in the interpretation or administration thereof by any governmental or quasi-governmental authority, central bank, or comparable agency charged with the interpretation or administration thereof, or compliance by any Lender, applicable Lending Installation, LC Issuer, or Acceptance Lender with any request or directive (whether or not having the force of law) of any such authority, central bank, or comparable agencyLaw which: (a) subjects any Lender, Lender or any applicable Lending Installation, the LC Issuer, or Acceptance Lender the Administrative Agent to any Taxes, or changes the basis of taxation of payments Taxes (other than with respect to Indemnified Taxes, Excluded Taxes, and Other Taxes) to any Lenderon its loans, LC Issuer or Acceptance Lender in respect loan principal, letters of its Eurodollar Loanscredit, Facility LCs, Acceptancescommitments, or participations therein;other obligations, or its deposits, reserves, other liabilities or capital attributable thereto, or (b) imposes or increases or deems applicable any reserve, assessment, insurance charge, special deposit, liquidity or similar requirement against assets of, deposits with or for the account of, or credit extended by, any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer (other than reserves and assessments taken into account in determining the interest rate applicable to Eurodollar AdvancesTerm SOFR Advances and Daily Term SOFR Loans); , or (c) imposes any other condition (other than Taxes) the result of which is to increase the cost to any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer of making, funding, funding or maintaining its Eurodollar Term SOFR Loans or Daily Term SOFR Loans, or of issuing or participating in Facility LCs or AcceptancesLCs, or reduces any amount receivable by any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer in connection with its Eurodollar Term SOFR Loans, or Daily Term SOFR Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, or requires any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to make any payment calculated by reference to the amount of Eurodollar Term SOFR Loans, or Daily Term SOFR Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptances therein held or interest or LC Fees or Acceptance Fees received by it, by an amount deemed material by such Lender, Lender or the LC Issuer, or Acceptance Lender, Issuer as the case may be; , and the result of any of the foregoing is to increase the cost to such Lender, applicable Lending Installation, LC Issuer, or Acceptance Lender, as the case may be, Person of making or maintaining its Eurodollar Loans or Commitment, Commitment or of issuing or participating in Facility LCs, or of accepting or participating in Acceptances LCs or to reduce the return amount received by such Lender, applicable Lending Installation, LC Issuer, or Acceptance Lender, as the case may be, Person in connection with such Eurodollar Loans, Loans or Commitment, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, then, within fifteen (15) days of after demand by such Lender, LC Issuer, or Acceptance Lender (any such demand to be made within 180 days of the date such Lender, LC Issuer, or Acceptance Lender obtains knowledge that it is entitled to compensation pursuant to this Section 3.1), as the case may bePerson, the applicable Borrower or Borrowers shall pay such Lender, LC Issuer, or Acceptance LenderPerson, as the case may be, such additional amount or amounts as will compensate such Lender, LC Issuer, or Acceptance Lender, as the case may be, Person for such increased cost or reduction in amount received. Failure or delay on the part of any such Person to demand compensation pursuant to this Section 3.1 shall not constitute a waiver of such Person’s right to demand such compensation; provided that the Borrower shall not be required to compensate a Person pursuant to this Section 3.1 for any increased costs or reductions suffered more than 270 days prior to the date that such Person notifies the Borrower of the Change in Law giving rise to such increased costs or reductions and of such Person’s intention to claim compensation therefor; provided further, that if the Change in Law giving rise to such increased costs or reductions is retroactive, then the 270-day period referred to above shall be extended to include the period of retroactive effect thereof.

Appears in 1 contract

Samples: Credit Agreement (Andersons, Inc.)

Yield Protection. If, on or after the Closing Datedate of this Agreement, the adoption of any law or any governmental or quasi-governmental rule, regulation, policy, guideline, guideline or directive (whether or not having the force of law), or any change in the interpretation or administration thereof by any governmental or quasi-governmental authority, central bank, bank or comparable agency charged with the interpretation or administration thereof, or compliance by any Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer with any request or directive (whether or not having the force of law) of any such authority, central bank, bank or comparable agency: (ai) subjects any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to any Taxes, or changes the basis of taxation of payments (other than with respect to Excluded Taxes) to any Lender, Lender or the LC Issuer or Acceptance Lender in respect of its Eurodollar Loans, Facility LCs, Acceptances, LCs or participations therein;, or (bii) imposes or increases or deems applicable any reserve, assessment, insurance charge, special deposit, deposit or similar requirement against assets of, deposits with or for the account of, or credit extended by, any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer (other than reserves and assessments taken into account in determining the interest rate applicable to Eurodollar Advances); , or (ciii) imposes any other condition the result of which is to increase the cost to any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer of making, funding, funding or maintaining its Eurodollar Loans, or of issuing or participating in Facility LCs or AcceptancesLCs, or reduces any amount receivable by any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer in connection with its Eurodollar Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, or requires any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to make any payment calculated by reference to the amount of Eurodollar Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptances therein held or interest or LC Fees or Acceptance Fees received by it, by an amount deemed material by such Lender, Lender or the LC Issuer, or Acceptance Lender, Issuer as the case may be; , and the result of any of the foregoing is to increase the cost to such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, of making or maintaining its Eurodollar Loans or Commitment, Commitment or of issuing or participating in Facility LCs, or of accepting or participating in Acceptances LCs or to reduce the return received by such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, in connection with such Eurodollar Loans, Commitment, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, then, within fifteen 15 days of demand by such Lender, Lender or the LC Issuer, or Acceptance Lender (any such demand to be made within 180 days of the date such Lender, LC Issuer, or Acceptance Lender obtains knowledge that it is entitled to compensation pursuant to this Section 3.1), as the case may be, the applicable Borrower or Borrowers shall pay such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, such additional amount or amounts as will compensate such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, for such increased cost or reduction in amount received.

Appears in 1 contract

Samples: Credit Agreement (Centex Construction Products Inc)

Yield Protection. If, on or after the Closing Datedate of this Agreement, the adoption of any law or any governmental or quasi-governmental rule, regulation, policy, guideline, guideline or directive (whether or not having the force of law), or any change in the interpretation or administration thereof by any governmental or quasi-governmental authority, central bank, bank or comparable agency charged with the interpretation or administration thereof, or compliance by any Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer with any request or directive (whether or not having the force of law) of any such authority, central bank, bank or comparable agency: (ai) subjects any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to any Taxes, or changes the basis of taxation of payments (other than with respect to Excluded Taxes) to any Lender, Lender or the LC Issuer or Acceptance Lender in respect of its Eurodollar Loans, Facility LCs, Acceptances, LCs or participations therein;, or (bii) imposes or increases or deems applicable any reserve, assessment, insurance charge, special deposit, deposit or similar requirement against assets of, deposits with or for the account of, or credit extended by, any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer (other than reserves and assessments taken into account in determining the interest rate applicable to Eurodollar Advances); , or (ciii) imposes any other condition the result of which is to increase the cost to any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer of making, funding, funding or maintaining its Eurodollar Loans, or of issuing or participating in Facility LCs or AcceptancesLCs, or reduces any amount receivable by any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer in connection with its Eurodollar Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, or requires any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to make any payment calculated by reference to the amount of Eurodollar Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptances therein held or interest or LC Fees or Acceptance Fees received by it, by an amount deemed material by such Lender, or the LC Issuer, or Acceptance Lender, Issuer as the case may be; , and the result of any of the foregoing is to increase the cost to such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, of making or maintaining its Eurodollar Loans or Commitment, Revolving Credit Commitment or of issuing or participating in Facility LCs, or of accepting or participating in Acceptances LCs or to reduce the return received by such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, in connection with such Eurodollar Loans, Revolving Credit Commitment, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, then, within fifteen 15 days of demand by such Lender, Lender or the LC Issuer, or Acceptance Lender (any such demand to be made within 180 days of the date such Lender, LC Issuer, or Acceptance Lender obtains knowledge that it is entitled to compensation pursuant to this Section 3.1), as the case may be, the applicable Borrower or Borrowers shall pay such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, such additional amount or amounts as will compensate such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, for such increased cost or reduction in amount received.

Appears in 1 contract

Samples: Credit Agreement (Midas Inc)

Yield Protection. If, on or after the Closing Date, the adoption of any law or any governmental or quasi-governmental rule, regulation, policy, guideline, guideline or directive (whether or not having the force of law), or any change in the interpretation or administration thereof by any governmental or quasi-governmental authority, central bank, bank or comparable agency charged with the interpretation or administration thereof, or compliance by any Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer with any request or directive (whether or not having the force of law) of any such authority, central bank, bank or comparable agency: (a) subjects any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to any Taxes, or changes the basis of taxation of payments (other than with respect to Excluded Taxes) to any Lender, Lender or the LC Issuer or Acceptance Lender in respect of its Eurodollar Fixed Rate Loans, Facility LCs, Acceptances, LCs or participations therein;, or (b) imposes or increases or deems applicable any reserve, assessment, insurance charge, special deposit, deposit or similar requirement against assets of, deposits with or for the account of, or credit extended by, any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer (other than reserves and assessments taken into account in determining the interest rate applicable to Eurodollar Fixed Rate Advances); , or (c) imposes any other condition the result of which is to increase the cost to any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer of making, funding, funding or maintaining its Eurodollar Fixed Rate Loans, or of issuing or participating in Facility LCs or AcceptancesLCs, or reduces any amount receivable by any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer in connection with its Eurodollar Fixed Rate Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, or requires any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to make any payment calculated by reference to the amount of Eurodollar Fixed Rate Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptances therein held or interest or LC Fees or Acceptance Fees received by it, by an amount deemed material by such Lender, Lender or the LC Issuer, or Acceptance Lender, Issuer as the case may be; , and the result of any of the foregoing is to increase the cost to such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, of making or maintaining its Eurodollar Fixed Rate Loans or Commitment, Commitment or of issuing or participating in Facility LCs, or of accepting or participating in Acceptances LCs or to reduce the return received by such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, in connection with such Eurodollar Fixed Rate Loans, Commitment, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, then, within fifteen 15 days of demand by such Lender, Lender or the LC Issuer, or Acceptance Lender (any such demand to be made within 180 days of the date such Lender, LC Issuer, or Acceptance Lender obtains knowledge that it is entitled to compensation pursuant to this Section 3.1), as the case may be, the applicable Borrower or Borrowers shall pay such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, such additional amount or amounts as will compensate such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, for such increased cost or reduction in amount received.

Appears in 1 contract

Samples: Credit Agreement (Brush Engineered Materials Inc)

Yield Protection. If, on or after the Closing Datedate of this Agreement, the adoption of any law or any governmental or quasi-governmental rule, regulation, policy, guideline, guideline or directive (whether or not having the force of law), or any change in the interpretation or administration thereof by any governmental or quasi-governmental authority, central bank, bank or comparable agency charged with the interpretation or administration thereof, or compliance by any Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer with any request or directive (whether or not having the force of law) of any such authority, central bank, bank or comparable agency: (ai) subjects any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to any Taxes, or changes the basis of taxation of payments (other than with respect to Excluded Taxes) to any Lender, Lender or the LC Issuer or Acceptance Lender in respect of its Eurodollar Loans, Facility LCs, Acceptances, LCs or participations therein;, or (bii) imposes or increases or deems applicable any reserve, assessment, insurance charge, special deposit, deposit or similar requirement against assets of, deposits with or for the account of, or credit extended by, any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer (other than reserves and assessments taken into account in determining the interest rate applicable to Eurodollar Advances); , or (ciii) imposes any other condition the result of which is to increase the cost to any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer of making, funding, funding or maintaining its Eurodollar Loans, or of issuing or participating in Facility LCs or AcceptancesLCs, or reduces any amount receivable by any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer in connection with its Eurodollar Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, or requires any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to make any payment calculated by reference to the amount of Eurodollar Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptances therein held or interest or LC Fees or Acceptance Fees received by it, by an amount deemed material by such Lender, Lender or the LC Issuer, or Acceptance Lender, Issuer as the case may be; , and the result of any of the foregoing is to increase the cost to such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, of making or maintaining its Eurodollar Loans or Commitment, Commitment or of issuing or participating in Facility LCs, or of accepting or participating in Acceptances LCs or to reduce the return received by such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, in connection with such Eurodollar Loans, Commitment, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, then, within fifteen 15 days of demand by such Lender, Lender or the LC Issuer, or Acceptance Lender (any such demand to be made within 180 days of the date such Lender, LC Issuer, or Acceptance Lender obtains knowledge that it is entitled to compensation pursuant to this Section 3.1), as the case may be, the applicable Borrower or Borrowers shall pay such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, such additional amount or amounts as will compensate such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, for such increased cost or reduction in amount received.

Appears in 1 contract

Samples: Credit Agreement (Matrix Service Co)

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Yield Protection. If, on or after the Closing Datedate of this Agreement, the adoption of any law or any governmental or quasi-governmental rule, regulation, policy, guideline, guideline or directive (whether or not having the force of law), or any change in the interpretation or administration thereof by any governmental or quasi-governmental authority, central bank, bank or comparable agency charged with the interpretation or administration thereof, or compliance by any Lender, Lender or applicable Lending Installation, Installation or any LC Issuer, or Acceptance Lender Issuer with any request or directive (whether or not having the force of law) of any such authority, central bank, bank or comparable agency: (a) subjects any Lender, Lender or any applicable Lending Installation, Installation or any LC Issuer, or Acceptance Lender Issuer to any Taxes, or changes the basis of taxation of payments (other than with respect to Excluded Taxes) to any Lender, Lender or any LC Issuer or Acceptance Lender in respect of its Eurodollar Loans, Facility LCs, Acceptances, LCs or participations therein;, or (b) imposes or increases or deems applicable any reserve, assessment, insurance charge, special deposit, deposit or similar requirement against assets of, deposits with or for the account of, or credit extended by, any Lender, Lender or any applicable Lending Installation, Installation or any LC Issuer, or Acceptance Lender Issuer (other than reserves and assessments taken into account in determining the interest rate applicable to Eurodollar Advances); , or (c) imposes any other condition the result of which is to increase the cost to any Lender, Lender or any applicable Lending Installation, Installation or any LC Issuer, or Acceptance Lender Issuer of making, funding, funding or maintaining its Eurodollar Loans, or of issuing or participating in Facility LCs or AcceptancesLCs, or reduces any amount receivable by any Lender, Lender or any applicable Lending Installation, Installation or any LC Issuer, or Acceptance Lender Issuer in connection with its Eurodollar Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, or requires any Lender, Lender or any applicable Lending Installation, Installation or any LC Issuer, or Acceptance Lender Issuer to make any payment calculated by reference to the amount of Eurodollar Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptances therein, held or interest or LC Fees or Acceptance Fees received by it, by an amount deemed material by such Lender, Lender or any LC Issuer, or Acceptance Lender, as the case may be; , and the result of any of the foregoing is to increase the cost to such Lender, Lender or applicable Lending Installation, Installation or such LC Issuer, or Acceptance Lender, as the case may be, of making or maintaining its Eurodollar Loans or Commitment, Commitment or of issuing or participating in Facility LCs, or of accepting or participating in Acceptances LCs or to reduce the return received by such Lender, Lender or applicable Lending Installation, Installation or such LC Issuer, or Acceptance Lender, as the case may be, in connection with such Eurodollar Loans, Commitment, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, then, within fifteen (15) days of demand by such Lender, Lender or such LC Issuer, or Acceptance Lender (any such demand to be made within 180 days of the date such Lender, LC Issuer, or Acceptance Lender obtains knowledge that it is entitled to compensation pursuant to this Section 3.1), as the case may be, the applicable Borrower or Borrowers shall pay such Lender, Lender or such LC Issuer, or Acceptance Lender, as the case may be, such additional amount or amounts as will compensate such Lender, Lender or such LC Issuer, or Acceptance Lender, as the case may be, for such increased cost or reduction in amount received.

Appears in 1 contract

Samples: Credit Agreement (Aon Corp)

Yield Protection. If, on or after the Closing Date, the adoption of any law or any governmental or quasi-governmental rule, regulation, policy, guideline, guideline or directive (whether or not having the force of law), or any change in the interpretation or administration thereof by any governmental or quasi-governmental authority, central bank, bank or comparable agency charged with the interpretation or administration thereof, or compliance by any Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer with any request or directive (whether or not having the force of law) of any such authority, central bank, bank or comparable agency: (a) subjects any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to any Taxes, or changes the basis of taxation of payments (other than with respect to Excluded Taxes) to any Lender, Lender or the LC Issuer or Acceptance Lender in respect of its Eurodollar Fixed Rate Loans, Facility LCs, Acceptances, LCs or participations therein;, or (b) imposes or increases or deems applicable any reserve, assessment, insurance charge, special deposit, deposit or similar requirement against assets of, deposits with or for the account of, or credit extended by, any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer (other than reserves and assessments taken into account in determining the interest rate applicable to Eurodollar Fixed Rate Advances); , or (c) imposes any other condition the result of which is to increase the cost to any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer of making, funding, funding or maintaining its Eurodollar Fixed Rate Loans, or of issuing or participating in Facility LCs or AcceptancesLCs, or reduces any amount receivable by any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer in connection with its Eurodollar Fixed Rate Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, or requires any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to make any payment calculated by reference to the amount of Eurodollar Fixed Rate Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptances therein held or interest or LC Fees or Acceptance Fees received by it, by an amount deemed material by such Lender, Lender or the LC Issuer, or Acceptance Lender, Issuer as the case may be; , 44 and the result of any of the foregoing is to increase the cost to such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, of making or maintaining its Eurodollar Fixed Rate Loans or Commitment, Commitment or of issuing or participating in Facility LCs, or of accepting or participating in Acceptances LCs or to reduce the return received by such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, in connection with such Eurodollar Fixed Rate Loans, Commitment, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, then, within fifteen 15 days of demand by such Lender, Lender or the LC Issuer, or Acceptance Lender (any such demand to be made within 180 days of the date such Lender, LC Issuer, or Acceptance Lender obtains knowledge that it is entitled to compensation pursuant to this Section 3.1), as the case may be, the applicable Borrower or Borrowers shall pay such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, such additional amount or amounts as will compensate such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, for such increased cost or reduction in amount received.

Appears in 1 contract

Samples: Credit Agreement (Brush Engineered Materials Inc)

Yield Protection. If, on or after the Closing Datedate of this Agreement, the adoption of any law or any governmental or quasi-governmental rule, regulation, policy, guideline, guideline or directive (whether or not having the force of law), or any change in the interpretation or administration thereof by any governmental or quasi-governmental authority, central bank, bank or comparable agency charged with the interpretation or administration thereof, or compliance by any Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer with any request or directive (whether or not having the force of law) of any such authority, central bank, bank or comparable agency: (ai) subjects any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to any Taxes, or changes the basis of taxation of payments (other than with respect to Excluded Taxes) to any Lender, Lender or the LC Issuer or Acceptance Lender in respect of its Eurodollar Loans, Facility LCs, Acceptances, LCs or participations therein;, or (bii) imposes or increases or deems applicable any reserve, assessment, insurance charge, special deposit, deposit or similar requirement against assets of, deposits with or for the account of, or credit extended by, any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer (other than reserves and assessments taken into account in determining the interest rate applicable to Eurodollar Advances); , or (ciii) imposes any other condition the result of which is to increase the cost to any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer of making, funding, funding or maintaining its Eurodollar Loans, or of issuing or participating in Facility LCs or AcceptancesLCs, or reduces any amount receivable by any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer in connection with its Eurodollar Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, or requires any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to make any payment calculated by reference to the amount of Eurodollar Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptances therein held or interest or LC Fees or Acceptance Fees received by it, by an amount deemed material by such Lender, Lender or the LC Issuer, or Acceptance Lender, Issuer as the case may be; . and the result of any of the foregoing is to increase the cost to such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, of making or maintaining its Eurodollar Loans or Commitment, Commitment or of issuing or participating in Facility LCs, or of accepting or participating in Acceptances LCs or to reduce the return received by such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, in connection with such Eurodollar Loans, Commitment, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, then, within fifteen 15 days of demand by such Lender, Lender or the LC Issuer, or Acceptance Lender (any such demand to be made within 180 days of the date such Lender, LC Issuer, or Acceptance Lender obtains knowledge that it is entitled to compensation pursuant to this Section 3.1), as the case may be, the applicable Borrower or Borrowers shall pay such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, such additional amount or amounts as will compensate such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, for such increased cost or reduction in amount received.

Appears in 1 contract

Samples: Credit Agreement (Cimarex Energy Co)

Yield Protection. If, on or after the Closing Datedate of this Agreement, the adoption of any law or any governmental or quasi-governmental rule, regulation, policy, guideline, guideline or directive (whether or not having the force of law), or any change in the interpretation or administration thereof by any governmental or quasi-governmental authority, central bank, bank or comparable agency charged with the interpretation or administration thereof, or compliance by any Lender, Lender or applicable Lending Installation, LC Issuer, Installation or Acceptance the Issuing Lender with any request or directive (whether or not having the force of law) of any such authority, central bank, bank or comparable agency:, including, without limitation, the adoption after the Closing Date of any rule, regulation, policy, guideline or directive promulgated under the Xxxx-Xxxxx Xxxx Street Reform and Consumer Protection Act (collectively, “Change in Law”): (ai) subjects any Lender, Lender or any applicable Lending Installation, LC Issuer, Installation or Acceptance the Issuing Lender to any Taxes, or changes the basis of taxation of payments (other than with respect to Excluded Taxes) to any Lender, LC Issuer Lender or Acceptance the Issuing Lender in respect of its Eurodollar Eurocurrency Loans, Facility LCs, Acceptances, Letters of Credit or participations therein;, or (bii) imposes or increases or deems applicable any reserve, assessment, insurance charge, special deposit, deposit or similar requirement against assets of, deposits with or for the account of, or credit extended by, any Lender, Lender or any applicable Lending Installation, LC Issuer, Installation or Acceptance the Issuing Lender (other than reserves and assessments taken into account in determining the interest rate applicable to Eurodollar AdvancesFixed Rate Borrowings); , or (ciii) imposes any other condition the result of which is to increase the cost to any Lender, Lender or any applicable Lending Installation, LC Issuer, Installation or Acceptance the Issuing Lender of making, funding, funding or maintaining its Eurodollar Fixed Rate Loans, or of issuing or participating in Facility LCs or AcceptancesLetters of Credit, or reduces any amount receivable by any Lender, Lender or any applicable Lending Installation, LC Issuer, Installation or Acceptance the Issuing Lender in connection with its Eurodollar Fixed Rate Loans, Facility LCs, Acceptances, Letters of Credit or participations in Facility LCs or Acceptancestherein, or requires any Lender, Lender or any applicable Lending Installation, LC Issuer, Installation or Acceptance the Issuing Lender to make any payment calculated by reference to the amount of Eurodollar Fixed Rate Loans, Facility LCs, Acceptances, Letters of Credit or participations in Facility LCs or Acceptances therein held or interest or LC Fees or Acceptance Facility Letter of Credit Fees received by it, by an amount deemed material by such Lender, LC Issuer, Lender or Acceptance Lender, the Issuing Lender as the case may be; , and the result of any of the foregoing is to increase the cost to such Lender, Lender or applicable Lending Installation, LC Issuer, Installation or Acceptance the Issuing Lender, as the case may be, of making or maintaining its Eurodollar Fixed Rate Loans or Commitment, Commitment or of issuing or participating in Facility LCs, or Letters of accepting or participating in Acceptances Credit or to reduce the return received receivable by such Lender, Lender or applicable Lending Installation, LC Issuer, Installation or Acceptance the Issuing Lender, as the case may be, in connection with such Eurodollar Fixed Rate Loans, Commitment, Facility LCs, Acceptances, Letters of Credit or participations in Facility LCs or Acceptancestherein, then, within fifteen days of demand ten (10) Business Days after receipt by the Borrower from such Lender or the Issuing Lender, LC Issuer, or Acceptance Lender (any such demand to be made within 180 days of the date such Lender, LC Issuer, or Acceptance Lender obtains knowledge that it is entitled to compensation pursuant to this Section 3.1), as the case may be, of the applicable statement referred to in the next sentence, the Borrower or Borrowers shall pay such Lender, LC Issuer, Lender or Acceptance the Issuing Lender, as the case may be, such additional amount or amounts as will compensate such Lender, LC Issuer, Lender or Acceptance the Issuing Lender, as the case may be, for such increased cost or reduction in amount receivedreceivable. Such Lender shall deliver to the Borrower (with a copy to the Administrative Agent) a written statement, setting forth in reasonable detail the basis for calculating the additional amounts owed to such Lender under this Section 3.1, which statement shall be conclusive and binding upon all parties hereto absent manifest error.`

Appears in 1 contract

Samples: Credit Agreement (Developers Diversified Realty Corp)

Yield Protection. If, on or after the Closing Date, the adoption of any law or any governmental or quasi-governmental rule, regulation, policy, guideline, guideline or directive (whether or not having the force of law), or any change in the interpretation or administration thereof by any governmental or quasi-governmental authority, central bank, bank or comparable agency charged with the interpretation or administration thereof, or compliance by any Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer with any request or directive (whether or not having the force of law) of any such authority, central bank, bank or comparable agency: (a) subjects any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to any Taxes, or changes the basis of taxation of payments (other than with respect to Excluded Taxes) to any Lender, Lender or the LC Issuer or Acceptance Lender in respect of its Eurodollar Fixed Rate Loans, Facility LCs, Acceptances, LCs or participations therein;, or (b) imposes or increases or deems applicable any reserve, assessment, insurance charge, special deposit, deposit or similar requirement against assets of, deposits with or for the account of, or credit extended by, any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer (other than reserves and assessments taken into account in determining the interest rate applicable to Eurodollar Fixed Rate Advances); , or (c) imposes any other condition the result of which is to increase the cost to any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer of making, funding, funding or maintaining its Eurodollar Fixed Rate Loans, or of issuing or participating in Facility LCs or AcceptancesLCs, or reduces any amount receivable by any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer in connection with its Eurodollar Fixed Rate Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, or requires any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to make any payment calculated by reference to the amount of Eurodollar Fixed Rate Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptances therein held or interest or LC Fees or Acceptance Fees received by it, by an amount deemed material by such Lender, Lender or the LC Issuer, or Acceptance Lender, Issuer as the case may be; , and the result of any of the foregoing is to increase the cost to such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, of making or maintaining its Eurodollar Fixed Rate Loans or Commitment, Commitment or of issuing or participating in Facility LCs, or of accepting or participating in Acceptances LCs or to reduce the return received by such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, in connection with such Eurodollar Fixed Rate Loans, Commitment, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, then, within fifteen 15 days of demand by such Lender, Lender or the LC Issuer, or Acceptance Lender (any such demand to be made within 180 days of the date such Lender, LC Issuer, or Acceptance Lender obtains knowledge that it is entitled to compensation pursuant to this Section 3.1), as the case may be, the applicable Borrower or Borrowers shall pay such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, such additional amount or amounts as will compensate such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, for such increased cost or reduction in amount received.

Appears in 1 contract

Samples: Credit Agreement (Park Ohio Holdings Corp)

Yield Protection. If, on or after the Closing Datedate of this Agreement, the adoption of any law or any governmental or quasi-quasi governmental rule, regulation, policy, guideline, guideline or directive (whether or not having the force of law), or any change in the interpretation or administration thereof by any governmental or quasi-governmental authority, central bank, bank or comparable agency charged with the interpretation or administration thereof, or compliance by any Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer with any request or directive (whether or not having the force of law) of any such authority, central bank, bank or comparable agency: (ai) subjects any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to any Taxes, or changes the basis of taxation of payments (other than with respect to Excluded Taxes) to any Lender, Lender or the LC Issuer or Acceptance Lender in respect of its Eurodollar Fixed Rate Loans, Facility LCs, Acceptances, LCs or participations therein;, or (bii) imposes or increases or deems applicable any reserve, assessment, insurance charge, special deposit, deposit or similar requirement against assets of, deposits with or for the account of, or credit extended by, any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer (other than reserves and assessments taken into account in determining the interest rate applicable to Eurodollar Advances); , or (ciii) imposes any other condition the result of which is to increase the cost to any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer of making, funding, funding or maintaining its Eurodollar Fixed Rate Loans, or of issuing or participating in Facility LCs or AcceptancesLCs, or reduces any amount receivable by any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer in connection with its Eurodollar Fixed Rate Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, or requires any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to make any payment calculated by reference to the amount of Eurodollar Fixed Rate Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptances therein held or interest or LC Fees or Acceptance Fees received by it, by an amount deemed material by such Lender, Lender or the LC Issuer, or Acceptance Lender, Issuer as the case may be; , and the result of any of the foregoing is to increase the cost to such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, of making or maintaining its Eurodollar Fixed Rate Loans or Commitment, Commitment or of issuing or participating in Facility LCs, or of accepting or participating in Acceptances LCs or to reduce the return received by such Lender, Lender or applicable Lending Installation, Installation or LC Issuer, or Acceptance Lender, as the case may be, in connection with such Eurodollar Fixed Rate Loans, Commitment, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, then, within fifteen 15 days of demand by such Lender, Lender or the LC Issuer, or Acceptance Lender Issuer (any such which demand to shall be made within 180 days accompanied by a statement of the date such Lenderbasis for, LC Issuerand calculation in reasonable detail of, or Acceptance Lender obtains knowledge that it is entitled to compensation pursuant to this Section 3.1the amount being demanded), as the case may be, the applicable Borrower or Borrowers shall pay such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, such additional amount or amounts as will compensate such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, Issuer for such increased cost or reduction in amount received.

Appears in 1 contract

Samples: Credit Agreement (Amli Residential Properties Trust)

Yield Protection. If, on or after the Closing Date, the adoption of If any law or any governmental or quasi-governmental rule, regulation, policy, guideline, or directive (whether or not having the force of law), or any change Change in the interpretation or administration thereof by any governmental or quasi-governmental authority, central bank, or comparable agency charged with the interpretation or administration thereof, Law or compliance by any Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer with any request or directive (whether or not having the force of law) of any such authority, central bank, bank or comparable agency: (a) subjects any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to any Taxes, or changes the basis of taxation of payments (in each case, other than with respect to Excluded Taxes or Indemnified Taxes) to any Lender, Lender or the LC Issuer or Acceptance Lender in respect of its Eurodollar Loans, Facility LCs, Acceptances, LCs or participations therein;; or (b) imposes or increases or deems applicable any reserve, assessment, insurance charge, special deposit, deposit or similar requirement against assets of, deposits with or for the account of, or credit extended by, any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer (other than reserves and assessments taken into account in determining the interest rate applicable to Eurodollar Advances); or (c) imposes any other condition the result of which is to increase the cost to any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer of making, funding, funding or maintaining its Eurodollar Loans, or of issuing or participating in Facility LCs or AcceptancesLCs, or reduces any amount receivable by any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer in connection with its Eurodollar Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, or requires any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to make any payment calculated by reference to the amount of Eurodollar Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptances therein held or interest or LC Fees or Acceptance Fees received by it, by an amount deemed material by such Lender, Lender or the LC Issuer, or Acceptance Lender, Issuer as the case may be; and the result of any of the foregoing is to increase the cost to such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, of making or maintaining its Eurodollar Loans or Commitment, Commitment or of issuing or participating in Facility LCs, or of accepting or participating in Acceptances LCs or to reduce the return received by such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, in connection with such Eurodollar Loans, Commitment, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, then, within fifteen (15) days of demand by such Lender, Lender or the LC Issuer, or Acceptance Lender (any such demand to be made within 180 days of the date such Lender, LC Issuer, or Acceptance Lender obtains knowledge that it is entitled to compensation pursuant to this Section 3.1), as the case may be, the applicable Borrower or Borrowers shall pay such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, such additional amount or amounts as will compensate such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, for such increased cost or reduction in amount received.

Appears in 1 contract

Samples: Credit Agreement (USA Compression Partners, LP)

Yield Protection. If, on or after the Closing Datedate of this Agreement, the adoption of any law or any governmental or quasi-governmental rule, regulation, policy, guideline, guideline or directive (whether or not having the force of law), or any change in the interpretation or administration thereof by any governmental or quasi-governmental authority, central bank, bank or comparable agency charged with the interpretation or administration thereof, or compliance by any Lender, Lender or applicable Lending Installation, Installation of the LC Issuer, or Acceptance Lender Issuer with any request or directive (whether or not having the force of law) of any such authority, central bank, bank or comparable agency: (ai) subjects any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to any Taxes, or changes the basis of taxation of payments (other than with respect to Excluded Taxes) to any Lender, Lender or the LC Issuer or Acceptance Lender in respect of its Eurodollar Loans, Facility LCs, Acceptances, LCs or participations therein;, or (bii) imposes or increases or deems applicable any reserve, assessment, insurance charge, special deposit, deposit or similar requirement against assets of, deposits with or for the account of, or credit extended by, any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer (other than reserves and assessments taken into account in determining the interest rate applicable to Eurodollar Advances); , or (ciii) imposes any other condition the result of which is to increase the cost to any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer of making, funding, funding or maintaining its Eurodollar Loans, or of issuing or participating in Facility LCs or AcceptancesLCs, or reduces any amount receivable by any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer in connection with its Eurodollar Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, or requires any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to make any payment calculated by reference to the amount of Eurodollar Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptances therein held or interest or LC Fees or Acceptance Fees received by it, by an amount deemed material by such Lender, Lender or the LC Issuer, or Acceptance Lender, Issuer as the case may be; , and the result of any of the foregoing is to increase the cost to such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, of making or maintaining its Eurodollar Loans or Commitment, Commitment or of issuing or participating in Facility LCs, or of accepting or participating in Acceptances LCs or to reduce the return received by such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, in connection with such Eurodollar Loans, Commitment, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, then, within fifteen 15 days of demand by such Lender, Lender or the LC Issuer, or Acceptance Lender (any such demand to be made within 180 days of the date such Lender, LC Issuer, or Acceptance Lender obtains knowledge that it is entitled to compensation pursuant to this Section 3.1), as the case may be, the applicable Borrower or Borrowers shall pay such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, such additional amount or amounts as will compensate such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, for such increased cost or reduction in amount received.

Appears in 1 contract

Samples: Credit Agreement (MPW Industrial Services Group Inc)

Yield Protection. If, on or after the Closing Date, the adoption of (a) If any law or any governmental or quasi-governmental rule, regulation, policy, guideline, or directive (whether or not having the force of law), or any change Change in the interpretation or administration thereof by any governmental or quasi-governmental authority, central bank, or comparable agency charged with the interpretation or administration thereof, or compliance by any Lender, applicable Lending Installation, LC Issuer, or Acceptance Lender with any request or directive (whether or not having the force of law) of any such authority, central bank, or comparable agencyLaw: (ai) subjects any Lender, Lender or any applicable Lending Installation, Installation or any LC Issuer, or Acceptance Lender Issuer to any Taxes, or changes the basis of taxation of payments Taxes (other than with respect to Excluded Taxes or Indemnified Taxes) to any Lenderon its loans, LC Issuer or Acceptance Lender in respect loan principal, letters of its Eurodollar Loanscredit, Facility LCs, Acceptancescommitments, or participations therein;other obligations, or its deposits, reserves, other liabilities or capital attributable thereto, or (bii) imposes or increases or deems applicable any reserve, assessment, insurance charge, special deposit, deposit or similar requirement against assets of, deposits with or for the account of, or credit extended by, any Lender, Lender or any applicable Lending Installation, Installation or any LC Issuer, or Acceptance Lender Issuer (other than reserves and assessments taken into account in determining the interest rate applicable to Eurodollar Eurocurrency Advances), (iii) [Reserved]; or (civ) imposes any other condition the result of which is to increase the cost (other than Taxes) to any Lender, Lender or any applicable Lending Installation, Installation or any LC Issuer, or Acceptance Lender Issuer of making, funding, continuing, converting to or maintaining its Eurodollar LoansEurocurrency Loans or Commitment, or of issuing or participating in Facility LCs or AcceptancesLCs, (including, without limitation, any conversion of any Loan denominated in an Agreed Currency other than Euro into a Loan denominated in Euro), or reduces any amount receivable (other than with respect to Taxes) by any Lender, Lender or any applicable Lending Installation, Installation or any LC Issuer, or Acceptance Lender Issuer in connection with its Eurodollar Eurocurrency Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, or requires any Lender, Lender or any applicable Lending Installation, Installation or any LC Issuer, or Acceptance Lender Issuer to make any payment calculated by reference to the amount of Eurodollar Eurocurrency Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptances therein held or interest or LC Fees or Acceptance LCs Fees received by it, by an amount deemed material by such Lender, Lender or such LC Issuer, or Acceptance Lender, Issuer as the case may be; , and the result of any of the foregoing is to increase the cost to such Lender, Lender or applicable Lending Installation, Installation or such LC Issuer, or Acceptance Lender, as the case may be, of making or maintaining its Eurodollar Eurocurrency Loans (including, without limitation, any conversion of any Loan denominated in an Agreed Currency other than Euro into a Loan denominated in Euro) or Commitment, Commitment or of issuing or participating in Facility LCs, or of accepting or participating in Acceptances LCs or to reduce the return received by such Lender, Lender or applicable Lending Installation, Installation or such LC Issuer, or Acceptance Lender, as the case may be, in connection with such Eurodollar Eurocurrency Loans, Commitment, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, then, within fifteen 15 days of demand by such Lender, Lender or such LC Issuer, or Acceptance Lender (any such demand to be made within 180 days of the date such Lender, LC Issuer, or Acceptance Lender obtains knowledge that it is entitled to compensation pursuant to this Section 3.1), as the case may be, the Parent shall, or shall cause the applicable Borrower or Borrowers shall to, pay such Lender, Lender or such LC Issuer, or Acceptance Lender, as the case may be, such additional amount or amounts as will compensate such Lender, Lender or such LC Issuer, or Acceptance Lender, as the case may be, for the actual increased cost or reduction in amount received. (b) If any law or any governmental or quasi governmental rule, regulation, policy, guideline or directive of any jurisdiction outside of the United States of America or any subdivision thereof (whether or not having the force of law), imposes or deems applicable any reserve requirement against or fee with respect to assets of, deposits with or for the account of, or credit extended by, any Lender or any applicable Lending Installation, or any LC Issuer, and the result of the foregoing is to increase the cost to such Lender or applicable Lending Installation or such LC Issuer of making or maintaining its Eurocurrency Loans to, or of issuing or participating in Facility LCs upon the request of, or of making or maintaining its Commitment to, any Non-U.S. Borrower or to reduce the return received by such Lender or applicable Lending Installation or such LC Issuer in connection with such Eurocurrency Loans to, Facility LCs applied for by, or Commitment to any Non-U.S. Borrower, then, within 15 days of demand by such Lender, or such LC Issuer, as the case may be, such Non-U.S. Borrower shall pay such Lender, or such LC Issuer, as the case may be, such additional amount or amounts as will compensate it for such increased cost or reduction in amount received, provided that such Non-U.S. Borrower shall not be required to compensate any Lender for such non-U.S. reserve costs or fees to the extent that an amount equal to such reserve costs or fees is received by such Lender as a result of the calculation of the interest rate applicable to Eurocurrency Advances pursuant to clause (a)(ii) of the definition of “Eurocurrency Rate.

Appears in 1 contract

Samples: Credit Agreement (Cameron International Corp)

Yield Protection. If, on or after the Closing Datedate of this Agreement, the adoption of any law or any governmental or quasi-governmental rule, regulation, policy, guideline, guideline or directive (whether or not having the force of law), or any change in the interpretation or administration thereof by any governmental or quasi-governmental authority, central bank, bank or comparable agency charged with the interpretation or administration thereof, or compliance by any Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer with any request or directive (whether or not having the force of law) of any such authority, central bank, bank or comparable agency: (ai) subjects any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to any Taxes, or changes the basis of taxation of payments (other than with respect to Excluded Taxes) to any Lender, Lender or the LC Issuer or Acceptance Lender in respect of its Eurodollar Loans, Facility LCs, Acceptances, LCs or participations therein;, or (bii) imposes or increases or deems applicable any reserve, assessment, insurance charge, special deposit, deposit or similar requirement against assets of, deposits with or for the account of, or credit extended by, any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer (other than reserves and assessments taken into account in determining the interest rate applicable to Eurodollar Advances); , or (ciii) imposes any other condition the result of which is to increase the cost to any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer of making, funding, funding or maintaining its Eurodollar Loans, or of issuing or participating in Facility LCs or AcceptancesLCs, or reduces any amount receivable by any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer in connection with its Eurodollar Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, or requires any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to make any payment calculated by reference to the amount of Eurodollar Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptances therein held or interest or LC Fees or Acceptance Fees received by it, by an amount deemed material by such Lender, Lender or the LC Issuer, or Acceptance Lender, Issuer as the case may be; , and the result of any of the foregoing is to increase the cost to such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, of making or maintaining its Eurodollar Loans or Commitment, Commitment or of issuing or participating in Facility LCs, or of accepting or participating in Acceptances LCs or to reduce the return received by such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, in connection with such Eurodollar Loans, Commitment, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, then, within fifteen 15 days of demand by such Lender, Lender or the LC Issuer, or Acceptance Lender (any such demand to be made within 180 days of the date such Lender, LC Issuer, or Acceptance Lender obtains knowledge that it is entitled to compensation pursuant to this Section 3.1), as the case may be, the applicable Borrower or Borrowers shall pay such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, such additional amount or amounts as will compensate such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, for such increased cost or reduction in amount received. Any such demand must be given by such Lender or the LC Issuer within 180 days of the determination any such increased cost or reduced return.

Appears in 1 contract

Samples: Credit Agreement (MPW Industrial Services Group Inc)

Yield Protection. If, on or after the Closing Date, the adoption of any law or any governmental or quasi-governmental rule, regulation, policy, guideline, guideline or directive (whether or not having the force of law), or any change in the interpretation or administration thereof by any governmental or quasi-governmental authority, central bank, bank or comparable agency charged with the interpretation or administration thereof, or compliance by any Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer with any request or directive (whether or not having the force of law) of any such authority, central bank, bank or comparable agency: (a) subjects any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to any Taxes, or changes the basis of taxation of payments (other than with respect to Excluded Taxes) to any Lender, Lender or the LC Issuer or Acceptance Lender in respect of its Eurodollar Loans, Facility LCs, Acceptances, LCs or participations therein;, or (b) imposes or increases or deems applicable any reserve, assessment, insurance charge, special deposit, deposit or similar requirement against assets of, deposits with or for the account of, or credit extended by, any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer (other than reserves and assessments taken into account in determining the interest rate applicable to Eurodollar Advances); , or (c) imposes any other condition the result of which is to increase the cost to any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer of making, funding, funding or maintaining its Eurodollar Loans, or of issuing or participating in Facility LCs or AcceptancesLCs, or reduces any amount receivable by any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer in connection with its Eurodollar Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, or requires any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to make any payment calculated by reference to the amount of Eurodollar Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptances therein held or interest or LC Fees or Acceptance Fees received by it, by an amount deemed material by such Lender, Lender or the LC Issuer, or Acceptance Lender, Issuer as the case may be; , and the result of any of the foregoing is to increase the cost to such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, of making or maintaining its Eurodollar Loans or Commitment, Commitment or of issuing or participating in Facility LCs, or of accepting or participating in Acceptances LCs or to reduce the return received by such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, in connection with such Eurodollar Loans, Commitment, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, then, within fifteen 15 days of demand by such Lender, Lender or the LC Issuer, or Acceptance Lender (any such demand to be made within 180 days of the date such Lender, LC Issuer, or Acceptance Lender obtains knowledge that it is entitled to compensation pursuant to this Section 3.1), as the case may be, the applicable Borrower or Borrowers shall pay such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, such additional amount or amounts as will compensate such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, for such increased cost or reduction in amount received.

Appears in 1 contract

Samples: Credit Agreement (Park Ohio Holdings Corp)

Yield Protection. IfIf any Change in Law: (i) subjects the Agent, on or after the Closing Date, the adoption of any law or any governmental or quasi-governmental rule, regulation, policy, guideline, or directive (whether or not having the force of law), or any change in the interpretation or administration thereof by any governmental or quasi-governmental authority, central bank, or comparable agency charged with the interpretation or administration thereof, or compliance by any Lender, any applicable Lending InstallationInstallation or any LC Issuer to any taxes, LC Issuerduties, levies, imposts, deductions, fees, assessments, charges or withholdings, and any and all liabilities with respect to the foregoing, on its loans, loan principal, letters of credit, commitments, or Acceptance Lender with any request or directive (whether or not having the force of law) of any such authority, central bankother obligations, or comparable agency: (a) subjects any Lenderits deposits, applicable Lending Installationreserves, LC Issuer, other liabilities or Acceptance Lender to any Taxes, or changes the basis of taxation of payments capital attributable thereto (other than with respect to (A) Taxes, (B) Excluded Taxes or (C) Other Taxes) to any Lender), LC Issuer or Acceptance Lender in respect of its Eurodollar Loans, Facility LCs, Acceptances, or participations therein;or (bii) imposes or increases or deems applicable any reserve, assessment, insurance charge, special deposit, deposit or similar requirement against assets of, deposits with or for the account of, or credit extended by, any Lender, Lender or any applicable Lending Installation, Installation or any LC Issuer, or Acceptance Lender Issuer (other than reserves and assessments taken into account in determining the interest rate applicable to Eurodollar Eurocurrency Advances); ) with respect to its Revolving Loan Commitment, Loans, Facility LCs or participations therein, or (ciii) imposes any other condition the result of which is to increase the cost to any Lender, any applicable Lending Installation, Installation or any LC Issuer, or Acceptance Lender Issuer of making, funding, funding or maintaining its Eurodollar LoansRevolving Loan Commitment, Loans or of issuing or participating in Facility LCs or AcceptancesLCs, or reduces any amount receivable by any Lender, Lender or any applicable Lending Installation, Installation or any LC Issuer, or Acceptance Lender Issuer in connection with its Eurodollar Loans, Facility LCs, Acceptances, Revolving Loan Commitment or participations in Loans or Facility LCs or Acceptances(including participations therein), or requires any Lender, Lender or any applicable Lending Installation, Installation or any LC Issuer, or Acceptance Lender Issuer to make any payment calculated by reference to the amount of Eurodollar Loans, Facility LCs, Acceptances, Revolving Loan Commitment or participations in Loans or Facility LCs or Acceptances (including participations therein) held or interest or LC Fees or Acceptance Fees received by it, by an amount deemed material by such Lender, Lender or such LC Issuer, or Acceptance Lenderas applicable, as the case may be; and the result of any of the foregoing is to increase the cost to the Agent, such Lender, Lender or applicable Lending Installation, Installation or such LC Issuer, or Acceptance Lender, as the case may be, Issuer of making or maintaining its Eurodollar Loans (including, without limitation, any conversion of any Loan denominated in an Agreed Currency other than euro into a Loan denominated in euro) or Commitment, Revolving Loan Commitment or of issuing or participating in Facility LCs, or of accepting or participating in Acceptances as applicable, or to reduce the return received by the Agent, such Lender, Lender or applicable Lending Installation, Installation or LC Issuer, or Acceptance Lender, as the case may be, Issuer in connection with such Eurodollar Loans, Commitment, Facility LCs, Acceptances, Revolving Loan Commitment or participations in Facility LCs or Acceptances(including participations therein), then, within fifteen 15 days of demand demand, accompanied by the written statement required by Section 3.6, by the Agent, such Lender, Lender or LC Issuer, or Acceptance Lender (any such demand to be made within 180 days of the date such Lender, LC Issuer, or Acceptance Lender obtains knowledge that it is entitled to compensation pursuant to this Section 3.1), as the case may be, the applicable Borrower or Borrowers shall pay the Agent, such Lender, Lender or LC Issuer, or Acceptance Lender, as the case may be, Issuer such additional amount or amounts as will compensate the Agent, such Lender, Lender or LC Issuer, or Acceptance Lender, as the case may be, Issuer for such increased cost or reduction in amount received.

Appears in 1 contract

Samples: Credit Agreement (Patterson Companies, Inc.)

Yield Protection. If, on or after the Closing Datedate of this Agreement, the adoption of any law or any governmental or quasi-governmental rule, regulation, policy, guideline, guideline or directive (whether or not having the force of law), or any change in the interpretation or administration thereof by any governmental or quasi-governmental authority, central bank, bank or comparable agency charged with the interpretation or administration thereof, or compliance by any Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer with any request or directive (whether or not having the force of law) of any such authority, central bank, bank or comparable agency: (ai) subjects any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to any Taxes, or changes the basis of taxation of payments (other than with respect to Excluded Taxes) to any Lender, Lender or the LC Issuer or Acceptance Lender in respect of its Eurodollar Loans, Facility LCs, Acceptances, LCs or participations therein;, or (bii) imposes or increases or deems applicable any reserve, assessment, insurance charge, special deposit, deposit or similar requirement against assets of, deposits with or for the account of, or credit extended by, any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer (other than reserves and assessments taken into account in determining the interest rate applicable to Eurodollar Advances); , or (ciii) imposes any other condition the result of which is to increase the cost to any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer of making, funding, funding or maintaining its Eurodollar Loans, or of issuing or participating in Facility LCs or AcceptancesLCs, or reduces any amount receivable by any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer in connection with its Eurodollar Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, or requires any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to make any payment calculated by reference to the amount of Eurodollar Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptances therein held or interest or LC Fees or Acceptance Fees received by it, by an amount deemed material by such Lender, Lender or the LC Issuer, or Acceptance Lender, Issuer as the case may be; , and the result of any of the foregoing is to increase the cost to such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, of making or maintaining its Eurodollar Loans Loans, Revolving Loan Commitment or Commitment, Term Loan Commitment or of issuing or participating in Facility LCs, or of accepting or participating in Acceptances LCs or to reduce the return received by such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, in connection with such Eurodollar Loans, Revolving Loan Commitment or Term Loan Commitment, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, then, within fifteen 15 days of demand by such Lender, Lender or the LC Issuer, or Acceptance Lender (any such demand to be made within 180 days of the date such Lender, LC Issuer, or Acceptance Lender obtains knowledge that it is entitled to compensation pursuant to this Section 3.1), as the case may be, the applicable Borrower or Borrowers shall pay such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, such additional amount or amounts as will compensate such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, for such increased cost or reduction in amount received.

Appears in 1 contract

Samples: Credit Agreement (Actuant Corp)

Yield Protection. If, on or after the Closing Datedate of this Agreement, the adoption of any law or any governmental or quasi-governmental rule, regulation, policy, guideline, guideline or directive (whether or not having the force of law), or any change in the interpretation or administration thereof by any governmental or quasi-governmental authority, central bank, bank or comparable Table of Contents agency charged with the interpretation or administration thereof, or compliance by any Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer with any request or directive (whether or not having the force of law) of any such authority, central bank, bank or comparable agency: (ai) subjects any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to any Taxes, or changes the basis of taxation of payments (other than with respect to Excluded Taxes) to any Lender, Lender or the LC Issuer or Acceptance Lender in respect of its Eurodollar Loans, Facility LCs, Acceptances, LCs or participations therein;, or (bii) imposes or increases or deems applicable any reserve, assessment, insurance charge, special deposit, deposit or similar requirement against assets of, deposits with or for the account of, or credit extended by, any Lender, Lender or any applicable Lending Installation, LC Issuer, or Acceptance Lender Installation (other than reserves and assessments taken into account in determining the interest rate applicable to Eurodollar Advances); , or (ciii) imposes any other condition the result of which is to increase the cost to any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer of making, funding, funding or maintaining its Eurodollar Loans, or of issuing or participating in Facility LCs or AcceptancesLCs, or reduces any amount receivable by any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer in connection with its Eurodollar Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, or requires any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to make any payment calculated by reference to the amount of Eurodollar Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptances therein held or interest or LC Fees or Acceptance Fees received by it, by an amount deemed material by such Lender, applicable Lending Installation or the LC Issuer, or Acceptance Lender, Issuer as the case may be; , and the result of any of the foregoing is to increase the cost to such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, of making or maintaining its Eurodollar Loans or Commitment, Commitment or of issuing or participating in Facility LCs, or of accepting or participating in Acceptances LCs or to reduce the return received by such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, in connection with such Eurodollar Loans, Commitment, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, then, within fifteen 30 days of demand by such Lender, Lender or the LC Issuer, or Acceptance Lender (any such demand to be made within 180 days of the date such Lender, LC Issuer, or Acceptance Lender obtains knowledge that it is entitled to compensation pursuant to this Section 3.1), as the case may be, the applicable Borrower or Borrowers shall pay such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, such additional amount or amounts as will compensate such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, for such increased cost or reduction in amount received. Notwithstanding any of the foregoing, unless a Lender gives notice to the Borrower that it is obligated to pay an amount under this Section 3.1 within 270 days after the increased cost or reduced return giving rise to such a claim is incurred or suffered, then such Lender shall only be entitled to be compensated to the extent that such increased cost or reduced return is incurred or suffered within the 270-day period before such Lender gives such notice to the Borrower; provided that if the circumstances giving rise to such a claim have a retroactive effect, then such 270-day period shall be extended to include the period of such retroactive effect.

Appears in 1 contract

Samples: Credit Agreement (Viad Corp)

Yield Protection. If, on or after the Closing Datedate of this Agreement, the adoption of any law or any governmental or quasi-governmental rule, regulation, policy, guideline, guideline or directive (whether or not having the force of law), or any change in the interpretation or administration thereof by any governmental or quasi-governmental authority, central bank, bank or comparable agency charged with the interpretation or administration thereof, or compliance by any Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer with any request or directive (whether or not having the force of law) of any such authority, central bank, bank or comparable agency: (ai) subjects any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to any Taxes, or changes the basis of taxation of payments (other than with respect to Excluded Taxes) to any Lender, Lender or the LC Issuer or Acceptance Lender in respect of its Eurodollar Loans, Facility LCs, Acceptances, LCs or participations therein;therein , or (bii) imposes or increases or deems applicable any reserve, assessment, insurance charge, special deposit, deposit or similar requirement against assets of, deposits with or for the account of, or credit extended by, any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer (other than reserves and assessments taken into account in determining the interest rate applicable to Eurodollar Advances); , or (ciii) imposes any other condition the result of which is to increase the cost to any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer of making, funding, funding or maintaining its Eurodollar Loans, or of issuing or participating in Facility LCs or Acceptances, or reduces any amount receivable by any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer in connection with its Eurodollar Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, or requires any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to make any payment calculated by reference to the amount of Eurodollar Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptances therein, held or interest or LC Fees or Acceptance Fees received by it, by an amount deemed material by such Lender, Lender or the LC Issuer, or Acceptance Lender, Issuer as the case may be; , and the result of any of the foregoing is to increase the cost to such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, Issuer as the case may be, of making or maintaining its Eurodollar Loans or Commitment, Commitment as of issuing or participating in Facility LCs, or of accepting or participating in Acceptances LCs or to reduce the return received by such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, Issuer as the case may be, in connection with such Eurodollar Loans, Commitment, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, then, within fifteen 30 days of demand by such Lender, Lender or the LC Issuer, or Acceptance Lender (any such demand to be made within 180 days of the date such Lender, LC Issuer, or Acceptance Lender obtains knowledge that it is entitled to compensation pursuant to this Section 3.1), Issuer as the case may be, and delivery to the applicable Borrower or Borrowers of a certified calculation of the amounts owed hereunder, the Borrower shall pay such Lender, LC Issuer, or Acceptance Lender, as the case may be, Lender such additional amount or amounts as will compensate such Lender, Lender or the LC Issuer, or Acceptance Lender, Issuer as the case may be, for such increased cost or reduction in amount received.

Appears in 1 contract

Samples: Credit Agreement (Ennis Business Forms Inc)

Yield Protection. If, on or after the Closing Datedate of this Agreement, the adoption of any law or any governmental or quasi-governmental rule, regulation, policy, guideline, guideline or directive (whether or not having the force of law), or any change in the interpretation or administration thereof by any governmental or quasi-governmental authority, central bank, bank or comparable agency charged with the interpretation or administration thereof, or compliance by any Lender, Lender or applicable Lending Installation, LC Issuer, Installation or Acceptance Lender the Issuing Bank with any request or directive (whether or not having the force of law) of any such authority, central bank, bank or comparable agency: (ai) subjects any Lender, Lender or any applicable Lending Installation, LC Issuer, Installation or Acceptance Lender the Issuing Bank to any Taxes, or changes the basis of taxation of payments (other than with respect to Excluded Taxes) to any Lender, LC Issuer Lender or Acceptance Lender the Issuing Bank in respect of its Eurodollar LIBOR Loans, Facility LCs, Acceptances, Letters of Credit or participations therein;, or (bii) imposes or increases or deems applicable any reserve, assessment, insurance charge, special deposit, deposit or similar requirement against assets of, deposits with or for the account of, or credit extended by, any Lender, Lender or any applicable Lending Installation, LC Issuer, Installation or Acceptance Lender the Issuing Bank (other than reserves and assessments taken into account in determining the interest rate applicable to Eurodollar LIBOR Advances); , or (ciii) imposes any other condition the result of which is to increase the cost to any Lender, Lender or any applicable Lending Installation, LC Issuer, Installation or Acceptance Lender the Issuing Bank of making, funding, funding or maintaining its Eurodollar LIBOR Loans, or of issuing or participating in Facility LCs or AcceptancesLetters of Credit, or reduces any amount receivable by any Lender, Lender or any applicable Lending Installation, LC Issuer, Installation or Acceptance Lender the Issuing Bank in connection with its Eurodollar LIBOR Loans, Facility LCs, Acceptances, Letters of Credit or participations in Facility LCs or Acceptancestherein, or requires any Lender, Lender or any applicable Lending Installation, LC Issuer, Installation or Acceptance Lender the Issuing Bank to make any payment calculated by reference to the amount of Eurodollar LIBOR Loans, Facility LCs, Acceptances, Letters of Credit or participations in Facility LCs or Acceptances therein held or interest or LC Fees or Acceptance Fees fees received by it, by an amount deemed material by such Lender, LC Issuer, Lender or Acceptance Lender, the Issuing Bank as the case may be; , and the result of any of the foregoing is to increase the cost to such Lender, Lender or applicable Lending Installation, LC Issuer, Installation or Acceptance Lenderthe Issuing Bank, as the case may be, of making or maintaining its Eurodollar LIBOR Loans or Commitment, Commitment or of issuing or participating in Facility LCs, or Letters of accepting or participating in Acceptances Credit or to reduce the return received by such Lender, Lender or applicable Lending Installation, LC Issuer, Installation or Acceptance Lenderthe Issuing Bank, as the case may be, in connection with such Eurodollar LIBOR Loans, Commitment, Facility LCs, Acceptances, Letters of Credit or participations in Facility LCs or Acceptancestherein, then, within fifteen 15 days of after written demand by such Lender, LC Issuer, Lender or Acceptance Lender (any such demand to be made within 180 days of the date such Lender, LC Issuer, or Acceptance Lender obtains knowledge that it is entitled to compensation pursuant to this Section 3.1)Issuing Bank, as the case may be, describing the applicable basis for such demand the Borrower or Borrowers shall pay such Lender, LC Issuer, Lender or Acceptance Lenderthe Issuing Bank, as the case may be, such additional amount or amounts as will compensate such Lender, LC Issuer, Lender or Acceptance Lenderthe Issuing Bank, as the case may be, for such increased cost or reduction in amount received.

Appears in 1 contract

Samples: Unsecured Revolving Credit Agreement (Great Lakes Reit)

Yield Protection. If, on or after the Closing Date, the adoption of any law or any governmental or quasi-governmental rule, regulation, policy, guideline, guideline or directive (whether or not having the force of law), or any change in any such law, rule, regulation, policy, guideline or directive or in the interpretation or administration thereof by any governmental or quasi-governmental authority, central bank, bank or comparable agency charged with the interpretation or administration thereof, or compliance by any Lender, Lender or applicable Lending Installation, Office or any LC Issuer, or Acceptance Lender Issuer with any request or directive (whether or not having the force of law) of any such authority, central bank, bank or comparable agency: (ai) subjects any Lender, Lender or any applicable Lending Installation, Office or any LC Issuer, or Acceptance Lender Issuer to any Taxes, or changes the basis of taxation of payments (other than with respect to Excluded Taxes) to any Lender, Lender or any LC Issuer or Acceptance Lender in respect of its Eurodollar LIBOR Loans, Facility LCs, Acceptances, LC's or participations therein;, or (bii) imposes or increases or deems applicable any reserve, assessment, insurance charge, special deposit, deposit or similar requirement against assets of, deposits with or for the account of, or credit extended by, any Lender, Lender or any applicable Lending Installation, Office or any LC Issuer, or Acceptance Lender Issuer (other than reserves and assessments taken into account in determining the interest rate applicable to Eurodollar LIBOR Advances); , or (ciii) imposes any other condition the result of which is to increase the cost to any Lender, Lender or any applicable Lending Installation, Office or any LC Issuer, or Acceptance Lender Issuer of making, funding, funding or maintaining its Eurodollar Commitment or LIBOR Loans, or of issuing or participating in Facility LCs or AcceptancesLC's, or reduces any amount receivable by any Lender, Lender or any applicable Lending Installation, Office or any LC Issuer, or Acceptance Lender Issuer in connection with its Eurodollar Commitment or LIBOR Loans, Facility LCs, Acceptances, LC's or participations in Facility LCs or Acceptancestherein, or requires any Lender, Lender or any applicable Lending Installation, Office or any LC Issuer, or Acceptance Lender Issuer to make any payment calculated by reference to the amount of Eurodollar Commitment or LIBOR Loans, Facility LCs, Acceptances, LC's or participations in Facility LCs or Acceptances therein held or interest or LC Fees or Acceptance Fees received by it, by an amount deemed material by such Lender, Lender or any LC Issuer, or Acceptance Lender, as the case may be; , and the result of any of the foregoing is to increase the cost to such Lender, Lender or applicable Lending Installation, Office or such LC Issuer, or Acceptance Lender, as the case may be, Issuer of making or maintaining its Eurodollar LIBOR Loans or Commitment, of Commitment or issuing or participating in Facility LCs, or of accepting or participating in Acceptances LC's or to reduce the return received by such Lender, Lender or applicable Lending Installation, Office or such LC Issuer, or Acceptance Lender, as the case may be, in connection with such Eurodollar Loans, LIBOR Loans or Commitment, Facility LCs, Acceptances, or participations in Facility LCs or Acceptances, then, within fifteen (15) days of demand by such Lender, Lender or such LC Issuer, or Acceptance Lender (any such demand to be made within 180 days of the date such Lender, LC Issuer, or Acceptance Lender obtains knowledge that it is entitled to compensation pursuant to this Section 3.1), as the case may be, the applicable Borrower or Borrowers shall pay such Lender, Lender or such LC Issuer, or Acceptance Lender, as the case may be, such additional amount or amounts as will compensate such Lender, Lender or LC Issuer, or Acceptance Lender, as the case may be, for such increased cost or reduction in amount received, provided however, such Lender or LC Issuer shall only be entitled to receive compensation from the Borrower for such increased costs for a period of 90 days prior to the date such Lender or LC Issuer made a demand for payment of such increased costs plus such increased costs that accrue after the date of such demand by such Lender or LC Issuer, except that with respect to any retroactive change in any law, rule, regulation, policy, guideline or directive giving rise to increased costs to any such Lender or LC Issuer, the Borrower shall pay such Lender or LC Issuer, as the case may be, such additional amount or SIDLEY XXXXXX XXXXX & XXXX LLP amounts as will compensate such Lender or LC Issuer for such increased cost or reduction in amount received for the period from and including the effective date of such retroactive change.

Appears in 1 contract

Samples: Credit Agreement (Insurance Auto Auctions Inc /Ca)

Yield Protection. If, on or after the Closing Datedate of this Agreement, the adoption of any law or any governmental or quasi-governmental rule, regulation, policy, guideline, guideline or directive (whether or not having the force of law), or any change in the interpretation or administration thereof by any governmental or quasi-governmental authority, central bank, bank or comparable agency charged with the interpretation or administration thereof, or compliance by any Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer with any request or directive (whether or not having the force of law) of any such authority, central bank, bank or comparable agency: (a) subjects any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to any Taxes, or changes the basis of taxation of payments (other than with respect to Excluded Taxes) to any Lender, Lender or the LC Issuer or Acceptance Lender in respect of its Eurodollar Loans, Facility LCs, Acceptances, LCs or participations therein;, or (b) imposes or increases or deems applicable any reserve, assessment, insurance charge, special deposit, deposit or similar requirement against assets of, deposits with or for the account of, or credit extended by, any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer (other than reserves and assessments taken into account in determining the interest rate applicable to Eurodollar Advances); , or (c) imposes any other condition the result of which is to increase the cost to any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer of making, funding, funding or maintaining its Eurodollar Loans, or of issuing or participating in Facility LCs or AcceptancesLCs, or reduces any amount receivable by any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer in connection with its Eurodollar Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, or requires any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to make any payment calculated by reference to the amount of Eurodollar Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptances therein held or interest or LC Fees or Acceptance Fees received by it, by an amount deemed material by such Lender, or the LC Issuer, or Acceptance Lender, Issuer as the case may be; , and the result of any of the foregoing is to increase the cost to such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, of making or maintaining its Eurodollar Loans or Commitment, Revolving Credit Commitment or of issuing or participating in Facility LCs, or of accepting or participating in Acceptances LCs or to reduce the return received by such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, in connection with such Eurodollar Loans, Revolving Credit Commitment, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, then, within fifteen 15 days of demand by such Lender, Lender or the LC Issuer, or Acceptance Lender (any such demand to be made within 180 days of the date such Lender, LC Issuer, or Acceptance Lender obtains knowledge that it is entitled to compensation pursuant to this Section 3.1), as the case may be, the applicable Borrower or Borrowers shall pay such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, such additional amount or amounts as will compensate such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, for such increased cost or reduction in amount received.

Appears in 1 contract

Samples: Credit Agreement (Midas Inc)

Yield Protection. If(a) If any change subsequent to the Closing Date in any Law or in the interpretation or application thereof by any Official Body or in the compliance with any guideline or request from any Official Body, shall make it unlawful for any Lender to maintain or give effect to its obligations as contemplated under the Revolving Credit Commitment or for the Swingline Lender to maintain or give effect to its obligation to make Swingline Loans, such Lender shall notify the Borrower and the Agent in writing of its determination of such unlawfulness and an explanation thereof. Thereafter, such Lender's obligation to make available any further Revolving Credit Loans hereunder, and the Swingline Lender's obligation to make available any further Swingline Loans hereunder shall forthwith be cancelled and the Borrower, within thirty (30) days, or within such longer period as may be allowed by Law, if any, shall repay to such Lender or Swingline Lender so affected its Ratable Share of the outstanding principal amount of all Revolving Credit Loans and/or Swingline Loans, together with interest thereon to the date of repayment and fees, if any, due as of the date of termination; provided, however, that the affected Lender's or Swingline Lender's obligations which are lawful, if severable from those which are unlawful, shall continue, and with respect to those obligations, this Agreement shall not terminate. (b) If any Law issued after the Closing Date (including, without limitation, Regulation D of the Federal Reserve Board), or if any change on or after the Closing DateDate in any Law (including, without limitation, Regulation D) or in the adoption interpretation thereof by any Official Body charged with the administration thereof, shall (i) subject any Lender or Swingline Lender to any tax, levy, impost, charge, fee, duty, deduction or withholding or any kind hereunder (other than any tax imposed or based upon the income of any law such Lender or Swingline Lender and payable to any governmental or quasi-governmental ruletaxing authority in the United States of America, regulation, policy, guideline, or directive (whether or not having the force of law), any state or any change in the interpretation or administration thereof by any governmental or quasi-governmental authority, central bank, or comparable agency charged with the interpretation or administration municipality thereof, or compliance by any Lender, applicable Lending Installation, LC Issuer, or Acceptance Lender with any request or directive (whether or not having the force of law) of any such authority, central bank, or comparable agency:); or (aii) subjects any Lender, applicable Lending Installation, LC Issuer, or Acceptance Lender to any Taxes, or changes change the basis of taxation of any Lender or Swingline Lender with respect to payments of principal or interest or other amounts due hereunder (other than with respect any change which affects, and only to Excluded Taxes) to any Lenderthe extent that it affects, LC Issuer or Acceptance Lender in respect of its Eurodollar Loans, Facility LCs, Acceptances, or participations therein; (b) imposes or increases or deems applicable any reserve, assessment, insurance charge, special deposit, or similar requirement against assets of, deposits with or for the account of, or credit extended bytaxation by the United States, any state or any municipality thereof based upon the income of such Lender or Swingline Lender, applicable Lending Installation, LC Issuer, or Acceptance Lender (other than reserves and assessments taken into account in determining the interest rate applicable to Eurodollar Advances); or (ciii) imposes impose, modify or deem applicable any reserve, special deposit or similar requirements against assets held by any Lender or Swingline Lender (other than such requirements which result solely from a change in the credit quality of the Borrower or which are included in the determination of the applicable rate of interest hereunder); or (iv) impose upon any Lender or Swingline Lender any other obligation or condition the result of which is with respect to increase the cost to any Lenderthis Agreement, applicable Lending Installation, LC Issuer, or Acceptance Lender of making, funding, or maintaining its Eurodollar Loans, or of issuing or participating in Facility LCs or Acceptances, or reduces any amount receivable by any Lender, applicable Lending Installation, LC Issuer, or Acceptance Lender in connection with its Eurodollar Loans, Facility LCs, Acceptances, or participations in Facility LCs or Acceptances, or requires any Lender, applicable Lending Installation, LC Issuer, or Acceptance Lender to make any payment calculated by reference to the amount of Eurodollar Loans, Facility LCs, Acceptances, or participations in Facility LCs or Acceptances held or interest or LC Fees or Acceptance Fees received by it, by an amount deemed material by such Lender, LC Issuer, or Acceptance Lender, as the case may be; and the result of any of the foregoing is to increase the cost to such any Lender or Swingline Lender, applicable Lending Installationto decrease the yield to any Lender or Swingline Lender with respect to the Revolving Credit Loans, LC Issuer, or Acceptance Lender, as the case may be, of making or maintaining its Eurodollar Swingline Loans or Commitmentany Letters of Credit, of issuing or participating in Facility LCs, or of accepting or participating in Acceptances or to reduce the return received income receivable by any Lender or Swingline Lender or to impose any expenses upon any Lender or Swingline Lender with respect to the Revolving Credit Loans, the Swingline Loans or any Letters of Credit by an amount which any Lender or Swingline Lender reasonably deems material, then and in any such case: (A) the Lender or Swingline Lender so affected shall promptly notify the Borrower and the Agent of the happening of such event; (B) the Borrower shall pay to the affected Lender or Swingline Lender, applicable Lending Installation, LC Issuer, or Acceptance Lender, as the case may be, in connection with within five (5) Business Days of written demand such Eurodollar Loans, Commitment, Facility LCs, Acceptances, or participations in Facility LCs or Acceptances, then, within fifteen days of demand by such Lender, LC Issuer, or Acceptance Lender (any such demand to be made within 180 days of the date such Lender, LC Issuer, or Acceptance Lender obtains knowledge that it is entitled to compensation pursuant to this Section 3.1), as the case may be, the applicable Borrower or Borrowers shall pay such Lender, LC Issuer, or Acceptance Lender, as the case may be, such additional amount or amounts as will compensate such Lender or Swingline Lender for such additional cost or reduced amount, calculated from the date of the notification by such Lender or Swingline Lender; and (C) the Borrower may pay to such affected Lender or Swingline Lender the affected Revolving Credit Loan or Swingline Loan in full without the payment of any additional amount other than on account of such Lender's or Swingline Lender's out-of-pocket losses (including funding losses, LC Issuer, or Acceptance Lenderif any, as provided in paragraph (c) below) not otherwise provided for in subparagraph (B) immediately above. The Lender or Swingline Lender so affected shall present to the case may be, for Borrower and the Agent a certificate setting forth such increased cost or reduction reduced amount. Such certificate shall set forth in reasonable detail the calculation of the amount receiveddue and such Lender's or Swingline Lender's reasons for invoking the provisions of this Section 2.10(b). Such certificate shall be conclusive evidence of the amount due thereunder except in the case of manifest error in computation. (c) The Borrower agrees to indemnify each Lender and Swingline Lender, on demand, against any loss or expense (including loss of profit) which such Lender or Swingline Lender may sustain or incur in liquidating or employing deposits from third parties acquired to effect, fund or maintain such Euro-Rate Portions or any part thereof as a consequence of (i) the failure of the Borrower to make a payment on the due date thereof, (ii) the failure of the Borrower to borrow under, convert to or renew under the Euro-Rate Option on the proposed effective date of such borrowing, conversion or renewal, or (iii) the payment, prepayment or conversion by the Borrower of any Euro-Rate Portions for any reason on a day other than the last day of the applicable Euro-Rate Interest Period. Any Lender's or Swingline Lender's determination of an amount payable under this paragraph (c) shall be conclusive absent manifest error. (d) The foregoing notwithstanding, if the affected Lender or Swingline Lender can mitigate or eliminate such increased cost or reduced yield by transferring the Loans to another existing lending office of such Lender or Swingline Lender, such Lender or Swingline Lender agrees to so transfer the Loans; provided, such transfer would not subject such Lender or Swingline Lender to any unreimbursed cost or expense and would not otherwise be disadvantageous to such Lender or Swingline Lender.

Appears in 1 contract

Samples: Revolving Credit and Letter of Credit Issuance Agreement (Pitt Des Moines Inc)

Yield Protection. If, on or after the Closing Datedate of this Agreement, the adoption of any law or any governmental or quasi-governmental rule, regulation, policy, guideline, guideline or directive (whether or not having the force of law), or any change in the interpretation or administration thereof by any governmental or quasi-governmental authority, central bank, bank or comparable agency charged with the interpretation or administration thereof, or compliance by any Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer with any request or directive (whether or not having the force of law) of any such authority, central bank, bank or comparable agency: : (ai) subjects any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to any Taxes, or changes the basis of taxation of payments (other than with respect to Excluded Taxes) to any Lender, Lender or the LC Issuer or Acceptance Lender in respect of its Eurodollar Loans, Facility LCs, Acceptances, LCs or participations therein; , or (bii) imposes or increases or deems applicable any reserve, assessment, insurance charge, special deposit, deposit or similar requirement against assets of, deposits with or for the account of, or credit extended by, any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer (other than reserves and assessments taken into account in determining the interest rate applicable to Eurodollar Advances); or , or (ciii) imposes any other condition the result of which is to increase the cost to any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer of making, funding, funding or maintaining its Eurodollar Loans, or of issuing or participating in Facility LCs or AcceptancesLCs, or reduces any amount receivable by any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer in connection with its Eurodollar Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, or requires any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to make any payment calculated by reference to the amount of Eurodollar Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptances therein held or interest or LC Fees or Acceptance Fees received by it, by an amount deemed material by such Lender, Lender or the LC Issuer, or Acceptance Lender, Issuer as the case may be; , and the result of any of the foregoing is to increase the cost to such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, of making or maintaining its Eurodollar Loans or Commitment, Commitment or of issuing or participating in Facility LCs, or of accepting or participating in Acceptances LCs or to reduce the return received by such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, in connection with such Eurodollar Loans, Commitment, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, then, within fifteen 15 days of demand by such Lender, Lender or the LC Issuer, or Acceptance Lender (any such demand to be made within 180 days of the date such Lender, LC Issuer, or Acceptance Lender obtains knowledge that it is entitled to compensation pursuant to this Section 3.1), as the case may be, the applicable Borrower or Borrowers shall pay such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, such additional amount or amounts as will compensate such Lender, LC Issuer, or Acceptance Lender, as the case may be, Lender for such increased cost or reduction in amount received.

Appears in 1 contract

Samples: Credit Agreement (Seitel Inc)

Yield Protection. If, on or after the Closing Effective Date, the adoption of any law or any governmental or quasi-governmental rule, regulation, policy, guideline, or directive (whether or not having the force of law), or any change Change in the interpretation or administration thereof by any governmental or quasi-governmental authority, central bank, or comparable agency charged with the interpretation or administration thereof, or compliance by any Lender, applicable Lending Installation, LC Issuer, or Acceptance Lender with any request or directive (whether or not having the force of law) of any such authority, central bank, or comparable agencyLaw: (a) subjects any Lender, Lender or any applicable Lending Installation, LC Issuer, or Acceptance Lender Installation to any Taxes, or changes the basis of taxation of payments (other than with respect to Excluded Taxes) to any Lender, LC Issuer or Acceptance Lender in respect of its Eurodollar LoansEurodollarSOFR Advances, Facility LCs, Acceptances, or participations therein;or (b) imposes or increases or deems applicable any reserve, assessment, insurance charge, special deposit, deposit or similar requirement against assets of, deposits with or for the account of, or credit extended by, any Lender, Lender or any applicable Lending Installation, LC Issuer, or Acceptance Lender Installation (other than reserves and assessments taken into account in determining the interest rate applicable to Eurodollar EurodollarSOFR Advances); , or (c) imposes any other condition the result of which is to increase the cost to any Lender, Lender or any applicable Lending Installation, LC Issuer, or Acceptance Lender Installation of making, funding, funding or maintaining its Eurodollar Loans, or of issuing or participating in Facility LCs or Acceptances, EurodollarSOFR Advances or reduces any amount receivable by any Lender, Lender or any applicable Lending Installation, LC Issuer, or Acceptance Lender Installation in connection with its Eurodollar Loans, Facility LCs, Acceptances, or participations in Facility LCs or AcceptancesEurodollarSOFR Advances, or requires any Lender, Lender or any applicable Lending Installation, LC Issuer, or Acceptance Lender Installation to make any payment calculated by reference to the amount of Eurodollar Loans, Facility LCs, Acceptances, or participations in Facility LCs or Acceptances EurodollarSOFR Advances held or interest or LC Fees or Acceptance Fees received by it, by an amount deemed material by such Lender, LC Issuer, or Acceptance Lender, as the case may be; and the result of any of the foregoing (a) – (c) is to increase the cost to such Lender, Lender or applicable Lending Installation, LC Issuer, or Acceptance Lender, as the case may be, Installation of making or maintaining its Eurodollar Loans EurodollarSOFR Advances or Commitment, of issuing or participating in Facility LCs, or of accepting or participating in Acceptances Commitment or to reduce the return received by such Lender, Lender or applicable Lending Installation, LC Issuer, or Acceptance Lender, as the case may be, Installation in connection with such Eurodollar Loans, EurodollarSOFR Advances or Commitment, Facility LCs, Acceptances, or participations in Facility LCs or Acceptances, then, within fifteen days of promptly following written demand by such Lender, LC Issuer, or Acceptance Lender (any such demand to be made within 180 days of the date such Lender, LC Issuer, or Acceptance Lender obtains knowledge that it is entitled to compensation pursuant to this Section 3.1), as the case may be, the applicable Borrower or Borrowers shall pay such Lender, LC Issuer, or Acceptance Lender, as the case may be, Lender such additional amount or amounts as will compensate such Lender, LC Issuer, or Acceptance Lender, as the case may be, Lender for such increased cost or reduction in amount received. Failure or delay on the part of any Lender to demand compensation pursuant to this Section shall not constitute a waiver of such Lender’s right to demand such compensation, provided that the Borrower shall not be required to compensate a Lender pursuant to this Section for any increased costs incurred or reductions suffered, as the case may be, to the extent that such Lender fails to make a demand for such compensation within six (6) months after becoming aware of such Change in Law giving arise to such increased costs or reductions; provided, if the Change in Law giving rise to such increased costs or reductions is retroactive, then the six (6) month period referred to above shall be extended to include the period of retroactive effect thereof.

Appears in 1 contract

Samples: Credit Agreement (FirstCash Holdings, Inc.)

Yield Protection. If, on or after the Closing Datedate of this Agreement, the adoption of any law or any governmental or quasi-governmental rule, regulation, policy, guideline, guideline or directive (whether or not having the force of law), or any change in the interpretation or administration thereof by any governmental or quasi-governmental authority, central bank, bank or comparable agency charged with the interpretation or administration thereof, or compliance by any Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer with any request or directive (whether or not having the force of law) of any such authority, central bank, bank or comparable agency: (ai) subjects any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to any Taxes, or changes the basis of taxation of payments (other than with respect to Excluded Taxes) to any Lender, Lender or the LC Issuer or Acceptance Lender in respect of its Eurodollar Loans, Facility LCs, Acceptances, LCs or participations therein;, or (bii) imposes or increases or deems applicable any reserve, assessment, insurance charge, special deposit, deposit or similar requirement against assets of, deposits with or for the account of, or credit extended by, any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer (other than reserves and assessments taken into account in determining the interest rate applicable to Eurodollar AdvancesLoans); , or (ciii) imposes any other condition the result of which is to increase the cost to any Lender, Lender or the LC Issuer or any applicable Lending Installation, LC Issuer, or Acceptance Lender Installation of making, funding, funding or maintaining its Eurodollar Loans, Loans or of issuing or participating in Facility LCs or AcceptancesLCs, or reduces any amount receivable by any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer in connection with its Eurodollar Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, or requires any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to make any payment calculated by reference to the amount of Eurodollar Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptances therein held or interest or LC Fees or Acceptance Fees received by it, by an amount deemed material by such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be; , and the result of any of the foregoing is to increase the cost to such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, Issuer of making or maintaining its Eurodollar Loans or Commitment, Revolving Credit Commitment or of issuing or participating in Facility LCs, or of accepting or participating in Acceptances LCs or to reduce the return received by such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, in connection with such Eurodollar Loans, Revolving Credit Commitment, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, then, within fifteen 15 days of demand by such Lender, Lender or the LC Issuer, or Acceptance Lender (any such demand to be made within 180 days of the date such Lender, LC Issuer, or Acceptance Lender obtains knowledge that it is entitled to compensation pursuant to this Section 3.1), as the case may be, the applicable Borrower or Borrowers shall pay such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, such additional amount or amounts as will compensate such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, for such increased cost or reduction in amount received.

Appears in 1 contract

Samples: Credit Agreement (Franklin Covey Co)

Yield Protection. If, on or after the Closing Date, the adoption of any law or any governmental or quasi-governmental rule, regulation, policy, guideline, or directive (whether or not having the force of law), or any change in the interpretation or administration thereof by any governmental or quasi-governmental authority, central bank, or comparable agency charged with the interpretation or administration thereof, or compliance by any Lender, applicable Lending Installation, LC Issuer, or Acceptance Lender with any request or directive (whether or not having the force of law) of any such authority, central bank, or comparable agency: (a) subjects any Lender, applicable Lending Installation, LC Issuer, or Acceptance Lender to any Taxes, or changes the basis of taxation of payments (other than with respect to Excluded Taxes) to any Lender, LC Issuer or Acceptance Lender in respect of its Eurodollar Loans, Facility LCs, Acceptances, or participations therein; (b) imposes or increases or deems applicable any reserve, assessment, insurance charge, special deposit, or similar requirement against assets of, deposits with or for the account of, or credit extended by, any Lender, applicable Lending Installation, LC Issuer, or Acceptance Lender (other than reserves and assessments taken into account in determining the interest rate applicable to Eurodollar Advances); or (c) imposes any other condition the result of which is to increase the cost to any Lender, applicable Lending Installation, LC Issuer, or Acceptance Lender of making, funding, or maintaining its Eurodollar Loans, or of issuing or participating in Facility LCs or Acceptances, or reduces any amount receivable by any Lender, applicable Lending Installation, LC Issuer, or Acceptance Lender in connection with its Eurodollar Loans, Facility LCs, Acceptances, or participations in Facility LCs or Acceptances, or requires any Lender, applicable Lending Installation, LC Issuer, or Acceptance Lender to make any payment calculated by reference to the amount of Eurodollar Loans, Facility LCs, Acceptances, or participations in Facility LCs or Acceptances held or interest or LC Fees or Acceptance Fees received by it, by an amount deemed material by such Lender, LC Issuer, or Acceptance Lender, as the case may be; and the result of any of the foregoing is to increase the cost to such Lender, applicable Lending Installation, LC Issuer, or Acceptance Lender, as the case may be, of making or maintaining its Eurodollar Loans or Revolving Commitment, of issuing or participating in Facility LCs, or of accepting or participating in Acceptances or to reduce the return received by such Lender, applicable Lending Installation, LC Issuer, or Acceptance Lender, as the case may be, in connection with such Eurodollar Loans, Revolving Commitment, Facility LCs, Acceptances, or participations in Facility LCs or Acceptances, then, within fifteen days of demand by such Lender, LC Issuer, or Acceptance Lender (any such demand to be made within 180 days of the date such Lender, LC Issuer, or Acceptance Lender obtains knowledge that it is entitled to compensation pursuant to this Section 3.1), as the case may be, the applicable Borrower or Borrowers shall pay such Lender, LC Issuer, or Acceptance Lender, as the case may be, such additional amount or amounts as will compensate such Lender, LC Issuer, or Acceptance Lender, as the case may be, for such increased cost or reduction in amount received.

Appears in 1 contract

Samples: Credit Agreement (K2 Inc)

Yield Protection. If, on or after the Closing Effective Date, the adoption of any law or any governmental or quasi-governmental rule, regulation, policy, guideline, guideline or directive (whether or not having the force of law)) is adopted, or any change is made in the interpretation its interpretation, promulgation, implementation, or administration thereof by any governmental or quasi-governmental authority, central bank, or comparable agency charged with interpreting or administering it, including, notwithstanding the interpretation foregoing, all requests, rules, guidelines, or administration thereofdirectives in connection with the Xxxx-Xxxxx Xxxx Street Reform and Consumer Protection Act, regardless of the date enacted, adopted or issued, or compliance by any Lender, Lender or applicable Lending Installation, Installation or LC Issuer, or Acceptance Lender Issuer with any request or directive (whether or not having the force of law) of any such authority, central bank, or comparable agency: (a) a. subjects any Lender, Lender or any applicable Lending Installation, Installation or LC Issuer, or Acceptance Lender Issuer to any Taxes, or changes the basis of taxation of payments (other than with respect to Excluded Taxes) to any Lender, Lender or LC Issuer or Acceptance Lender in with respect of to its Eurodollar Eurocurrency Loans, Facility LCs or participations in its Eurocurrency Loans or Facility LCs, Acceptances, or participations therein;or (b) b. imposes or increases or deems applicable any reserve, assessment, insurance charge, special deposit, or similar requirement against assets of, deposits with or for the account of, or credit extended by, any Lender, Lender or any applicable Lending Installation, Installation or LC Issuer, or Acceptance Lender Issuer (other than reserves and assessments taken into account in determining the interest rate applicable that applies to Eurodollar Eurocurrency Advances); , or (c) c. imposes any other condition the result of which is to increase the cost to any Lender, Lender or any applicable Lending Installation, Installation or LC Issuer, or Acceptance Lender Issuer of making, funding, or maintaining its Eurodollar Eurocurrency Loans, or of issuing or participating in Facility LCs or AcceptancesLCs, or reduces any amount receivable by any Lender, Lender or any applicable Lending Installation, Installation or LC Issuer, or Acceptance Lender Issuer in connection with its Eurodollar Eurocurrency Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, or requires any Lender, Lender or any applicable Lending Installation, Installation or LC Issuer, or Acceptance Lender Issuer to make any payment calculated by reference to the amount of Eurodollar Eurocurrency Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptances therein held or interest or LC Fees or Acceptance Fees received by it, by an amount deemed material by such Lender, Lender or LC Issuer, or Acceptance Lender, Issuer as the case may be; and the result of any of the foregoing is to increase the cost to such Lender, Lender or applicable Lending Installation, Installation or LC Issuer, or Acceptance Lender, as the case may be, of making or maintaining its Eurodollar Eurocurrency Loans or Commitment, Commitment or of issuing or participating in Facility LCs, or of accepting or participating in Acceptances LCs or to reduce the return received by such Lender, Lender or applicable Lending Installation, Installation or LC Issuer, or Acceptance Lender, as the case may be, in connection with such Eurodollar Loans, Eurocurrency Loans or Commitment, Facility LCs, Acceptances, or participations in Facility LCs or Acceptancesany of them, then, within fifteen 15 days of after demand by such Lender, Lender or LC Issuer, or Acceptance Lender (any such demand to be made within 180 days of the date such Lender, LC Issuer, or Acceptance Lender obtains knowledge that it is entitled to compensation pursuant to this Section 3.1), as the case may be, the applicable Borrower or Borrowers Company shall pay such Lender, Lender or LC Issuer, or Acceptance Lender, as the case may be, such additional amount or amounts as will compensate such Lender, Lender or LC Issuer, or Acceptance Lender, as the case may be, for such increased cost or reduction in amount received.

Appears in 1 contract

Samples: Credit Agreement (Life Time Fitness, Inc.)

Yield Protection. If, on or after the Closing Datedate of this Agreement, the adoption of any law or any governmental or quasi-governmental rule, regulation, policy, guideline, guideline or directive (whether or not having the force of law), or any change in the interpretation or administration thereof by any governmental or quasi-governmental authority, central bank, bank or comparable agency charged with the interpretation or administration thereof, or compliance by any Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer with any request or directive (whether or not having the force of law) of any such authority, central bank, bank or comparable agency: (ai) subjects any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to any Taxes, or changes the basis of taxation of payments (other than with respect to Excluded Taxes) to any Lender, Lender or the LC Issuer or Acceptance Lender in respect of its Eurodollar Loans, Euro-Canadian Loans, Facility LCs, Acceptances, LCs or participations therein;, or (bii) imposes or increases or deems applicable any reserve, assessment, insurance charge, special deposit, deposit or similar requirement against assets of, deposits with or for the account of, or credit extended by, any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer (other than reserves and assessments taken into account in determining the interest rate applicable to Eurodollar Advances or Euro-Canadian Advances); , or (ciii) imposes any other condition the result of which is to increase the cost to any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer of making, funding, funding or maintaining its Eurodollar Loans or Euro-Canadian Loans, or of issuing or participating in Facility LCs or AcceptancesLCs, or reduces any amount receivable by any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer in connection with its Eurodollar Loans, Facility LCsEuro-Canadian Loans, Acceptances, or participations in Facility LCs or Acceptancesparticipations therein, or requires any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to make any payment calculated by reference to the amount of Eurodollar Loans, Facility LCsEuro-Canadian Loans, Acceptances, or participations in Facility LCs or Acceptances participations therein held or interest or LC Fees or Acceptance Fees received by it, by an amount deemed material by such Lender, Lender or the LC Issuer, or Acceptance Lender, Issuer as the case may be; , and the result of any of the foregoing is to increase the cost to such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, of making or maintaining its Eurodollar Loans or Commitment, Euro-Canadian Loans or Commitment or of issuing or participating in Facility LCs, or of accepting or participating in Acceptances LCs or to reduce the return received by such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, in connection with such Eurodollar Loans, Euro-Canadian Loans, Commitment, Facility LCs, Acceptances, or participations in Facility LCs or Acceptancestherein, then, within fifteen 15 days of demand by such Lender, or the LC Issuer, or Acceptance Lender (any such demand to be made within 180 days of the date such Lender, LC Issuer, or Acceptance Lender obtains knowledge that it is entitled to compensation pursuant to this Section 3.1), as the case may be, the applicable Borrower or Borrowers shall pay such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, such additional amount or amounts as will compensate such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, for such increased cost or reduction in amount receivedreceived accrued through the date of the demand.

Appears in 1 contract

Samples: Credit Agreement (Newpark Resources Inc)

Yield Protection. If, on or after the Closing Datedate of this Agreement, the adoption of any law or any governmental or quasi-governmental rule, regulation, policy, guideline, guideline or directive (whether or not having the force of law), or any change in the interpretation or administration thereof by any governmental or quasi-governmental authority, central bank, bank or comparable agency charged with the interpretation or administration thereof, or compliance by any Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer with any request or directive (whether or not having the force of law) of any such authority, central bank, bank or comparable agency: (ai) subjects any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to any Taxes, or changes the basis of taxation of payments (other than with respect to Excluded Taxes) to any Lender, Lender or the LC Issuer or Acceptance Lender in respect of its Eurodollar Loans, Facility LCs, Acceptances, LCs or participations therein;, or (bii) imposes or increases or deems applicable any reserve, assessment, insurance charge, special deposit, deposit or similar requirement against assets of, deposits with or for the account of, or credit extended by, any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer (other than reserves and assessments taken into account in determining the interest rate applicable to Eurodollar Advances); , or (ciii) imposes any other condition the result of which is to increase the cost to any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer of making, funding, funding or maintaining its Eurodollar Loans, or of issuing or participating in Facility LCs or AcceptancesLCs, or reduces any amount receivable by any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer in connection with its Eurodollar Loans, Facility LCs, Acceptances, or LCs_or participations in Facility LCs or Acceptancestherein, or requires any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to make any payment calculated by reference to the amount of Eurodollar Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptances therein held or interest or LC Fees or Acceptance Fees received by it, by an amount deemed material by such Lender, Lender or the LC Issuer, or Acceptance Lender, Issuer as the case may be; , and the result of any of the foregoing is to increase the cost to such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, of making or maintaining its Eurodollar Loans or Commitment, Commitment or of issuing or participating in Facility LCs, or of accepting or participating in Acceptances LCs or to reduce the return received by such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, in connection with such Eurodollar Loans, Commitment, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, then, within fifteen 15 days of demand by such Lender, Lender or the LC Issuer, or Acceptance Lender (any such demand to be made within 180 days of the date such Lender, LC Issuer, or Acceptance Lender obtains knowledge that it is entitled to compensation pursuant to this Section 3.1), as the case may be, the applicable Borrower or Borrowers shall pay such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, such additional amount or amounts as will compensate such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, for such increased cost or reduction in amount received.

Appears in 1 contract

Samples: Credit Agreement (Tecumseh Products Co)

Yield Protection. If, on or after the Closing Datedate of this Agreement, the adoption of any law or any governmental or quasi-governmental rule, regulation, policy, guideline, guideline or directive (whether or not having the force of law), or any change in the interpretation or administration thereof by any governmental or quasi-governmental authority, central bank, bank or comparable agency charged with the interpretation or administration thereof, or compliance by any Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer with any request or directive (whether or not having the force of law) of any such authority, central bank, bank or comparable agency: (ai) subjects any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to any Taxes, or changes the basis of taxation of payments (other than with respect to Excluded Taxes) to any Lender, Lender or the LC Issuer or Acceptance Lender in respect of its Eurodollar Fixed Rate Loans, Facility LCs, Acceptances, LCs or participations therein;, or (bii) imposes or increases or deems applicable any reserve, assessment, insurance charge, special deposit, deposit or similar requirement against assets of, deposits with or for the account of, or credit extended by, any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer (other than reserves and assessments taken into account in determining the interest rate applicable to Eurodollar Advances); , or (ciii) imposes any other condition the result of which is to increase the cost to any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer of making, funding, funding or maintaining its Eurodollar Fixed Rate Loans, or of issuing or participating in Facility LCs or AcceptancesLCs, or reduces any amount receivable by any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer in connection with its Eurodollar Fixed Rate Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, or requires any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to make any payment calculated by reference to the amount of Eurodollar Fixed Rate Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptances therein held or interest or LC Fees or Acceptance Fees received by it, by an amount deemed material by such Lender, Lender or the LC Issuer, or Acceptance Lender, Issuer as the case may be; , and the result of any of the foregoing is to increase the cost to such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, of making or maintaining its Eurodollar Fixed Rate Loans or Commitment, Commitment or of issuing or participating in Facility LCs, or of accepting or participating in Acceptances LCs or to reduce the return received by such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, in connection with such Eurodollar Fixed Rate Loans, Commitment, Facility LCs, Acceptances, or participations in Facility LCs or Acceptancesparticipations therein, then, within fifteen 15 days of demand by such Lender, Lender or the LC Issuer, or Acceptance Lender (any such demand to be made within 180 days of the date such Lender, LC Issuer, or Acceptance Lender obtains knowledge that it is entitled to compensation pursuant to this Section 3.1), as the case may be, the applicable Borrower or Borrowers shall pay such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, such additional amount or amounts as will compensate such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, for such increased cost or reduction in amount received.

Appears in 1 contract

Samples: Credit Agreement (Sun Communities Inc)

Yield Protection. If, on or after the Closing Datedate of this Agreement, the adoption of any law or any governmental or quasi-governmental rule, regulation, policy, guideline, guideline or directive (whether or not having the force of law), or any change in the interpretation or administration thereof by any governmental or quasi-governmental authority, central bank, bank or comparable agency charged with the interpretation or administration thereof, or compliance by any Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer with any request or directive (whether or not having the force of law) of any such authority, central bank, bank or comparable agency: (a) subjects any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to any Taxes, or changes the basis of taxation of payments (other than with respect to Excluded Taxes) to any Lender, Lender or the LC Issuer or Acceptance Lender in respect of its Eurodollar Loans, Facility LCs, Acceptances, LCs or participations therein;, or (b) imposes or increases or deems applicable any reserve, assessment, insurance charge, special deposit, deposit or similar requirement against assets of, deposits with or for the account of, or credit extended by, any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer (other than reserves and assessments taken into account in determining the interest rate applicable to Eurodollar Advances); , or (c) imposes any other condition the result of which is to increase the cost to any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer of making, funding, funding or maintaining its Eurodollar Loans, or of issuing or participating in Facility LCs or AcceptancesLCs, or reduces any amount receivable by any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer in connection with its Eurodollar Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, or requires any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to make any payment calculated by reference to the amount of Eurodollar Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptances therein held or interest or LC Fees or Acceptance Fees received by it, by an amount deemed material by such Lender, Lender or the LC Issuer, or Acceptance Lender, Issuer as the case may be; , and the result of any of the foregoing is to increase the cost to such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, of making or maintaining its Eurodollar Loans or Commitment, Commitment or of issuing or participating in Facility LCs, or of accepting or participating in Acceptances LCs or to reduce the return received by such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, in connection with such Eurodollar Loans, Commitment, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, then, within fifteen 15 days of demand by such Lender, Lender or the LC Issuer, or Acceptance Lender (any such demand to be made within 180 days of the date such Lender, LC Issuer, or Acceptance Lender obtains knowledge that it is entitled to compensation pursuant to this Section 3.1), as the case may be, the applicable Borrower or Borrowers shall pay such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, such additional amount or amounts as will compensate such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, for such increased cost or reduction in amount received.

Appears in 1 contract

Samples: Credit Agreement (Patterson Dental Co)

Yield Protection. . If, on or after the Closing Date, the adoption of any law or any governmental or quasi-quasi governmental rule, regulation, policy, guideline, guideline or directive (whether or not having the force of law), or any change in the interpretation or administration thereof by any governmental or quasi-governmental authority, central bank, bank or comparable agency charged with the interpretation or administration thereof, or compliance by any Lender, Lender or applicable Lending Installation, Installation or any LC Issuer, or Acceptance Lender Issuer with any request or directive (whether or not having the force of law) of any such authority, central bank, bank or comparable agency: (ai) subjects any Lender, Lender or any applicable Lending Installation, Installation or any LC Issuer, or Acceptance Lender Issuer to any Taxes, or changes the basis of taxation of payments (other than with respect to Excluded TaxesTaxes or to any increased costs from taxes which will be governed exclusively by Section 3.5) to any Lender, Lender or any LC Issuer or Acceptance Lender in respect of its Eurodollar LoansAdvances, LIBOR Market Index Rate Advances, Facility LCs, Acceptances, LCs or participations therein;, or (bii) imposes or increases or deems applicable any reserve, assessment, insurance charge, special deposit, deposit or similar requirement against assets of, deposits with or for the account of, or credit extended by, any Lender, Lender or any applicable Lending Installation, Installation or any LC Issuer, or Acceptance Lender Issuer (other than reserves and assessments taken into account in determining the interest rate applicable to Eurodollar Advances); , or (ciii) imposes any other condition the result of which is to increase the cost to any Lender, Lender (or any applicable Lending Installation), the Swingline Lender or any LC Issuer, or Acceptance Lender Issuer of making, funding, funding or maintaining its Eurodollar LoansAdvances or LIBOR Market Index Rate Advances, or of issuing or and participating in any Swingline Loan or Facility LCs or AcceptancesLC, or reduces any amount receivable by any Lender, Lender (or any applicable Lending Installation), the Swingline Lender or any LC Issuer, or Acceptance Lender Issuer in connection with its Eurodollar LoansAdvances, Facility LCsLIBOR Market Index Rate Advances, Acceptances, or participations in Facility LCs or Acceptancesparticipations therein, or requires any Lender, Lender (or any applicable Lending Installation), Swingline Lender or any LC Issuer, or Acceptance Lender Issuer to make any payment calculated by reference to the amount of Eurodollar LoansAdvances, Facility LCsLIBOR Market Index Rate Advances, Acceptances, or participations in Facility LCs or Acceptances participations therein, held or interest or LC Fees or Acceptance Fees received by it, by an amount deemed material by such Lender, Swingline Lender or LC Issuer, or Acceptance Lender, as the case may be; , and the result of any of the foregoing is to increase the cost to such Lender, Lender or applicable Lending Installation, Swingline Lender or such LC Issuer, or Acceptance Lender, as the case may be, of making or maintaining its Eurodollar Loans Advances or CommitmentLIBOR Market Index Rate Advances, or of issuing or participating in Swingline Loans or Facility LCs, or of accepting or participating in Acceptances or to reduce the return received by such Lender, Lender or applicable Lending Installation, Swingline Lender or such LC Issuer, or Acceptance Lender, as the case may be, in connection with such Eurodollar LoansAdvances, CommitmentLIBOR Market Index Rate Advances, Facility LCs, Acceptances, or participations in Facility LCs or Acceptancesparticipations therein, then, within fifteen (15) days of demand by such Lender, Swingline Lender or LC Issuer, or Acceptance Lender (any such demand to be made within 180 days of the date such Lender, LC Issuer, or Acceptance Lender obtains knowledge that it is entitled to compensation pursuant to this Section 3.1), as the case may be, the applicable Borrower or Borrowers shall pay such Lender, Swingline Lender or LC Issuer, or Acceptance Lender, as the case may be, such additional amount or amounts as will compensate such Lender, Swingline Lender or LC Issuer, or Acceptance Lender, as the case may be, Issuer for such increased cost or reduction in amount received.

Appears in 1 contract

Samples: Credit Agreement (Idacorp Inc)

Yield Protection. If, on or after the Closing Datedate of this Agreement, the adoption of any law or any governmental or quasi-governmental rule, regulation, policy, guideline, or directive (whether or not having the force of law), or any change Change in the interpretation or administration thereof by any governmental or quasi-governmental authority, central bank, or comparable agency charged with the interpretation or administration thereof, or compliance by any Lender, applicable Lending Installation, LC Issuer, or Acceptance Lender with any request or directive (whether or not having the force of law) of any such authority, central bank, or comparable agencyLaw: (ai) subjects any Lenderimposes, applicable Lending Installation, LC Issuer, or Acceptance Lender to any Taxes, or changes the basis of taxation of payments (other than with respect to Excluded Taxes) to any Lender, LC Issuer or Acceptance Lender in respect of its Eurodollar Loans, Facility LCs, Acceptances, or participations therein; (b) imposes or increases modifies or deems applicable any reserve, assessment, insurance charge, special deposit, compulsory loan, insurance charge or similar requirement against assets of, deposits with or for the account of, or credit extended or participated in by, any Lender (except any reserve requirement reflected in Term SOFR) or any Issuing Lender; (ii) subjects any Lender or Issuing Lender to any Tax of any kind whatsoever (except for Indemnified Taxes or Other Taxes covered by Section 3.05 and Excluded Taxes) on its loans, applicable Lending Installationloan principal, LC Issuerletters of credit, commitments, or Acceptance Lender (other than reserves and assessments taken into account in determining the interest rate applicable to Eurodollar Advances)obligations, or its deposits, reserves, other liabilities or capital attributable thereto; or (ciii) imposes on any Lender or any Issuing Lender any other condition the result of which is to increase the condition, cost to any Lender, applicable Lending Installation, LC Issuer, or Acceptance Lender of making, funding, expense affecting this Agreement or maintaining its Eurodollar Loans, or of issuing or participating in Facility LCs or Acceptances, or reduces any amount receivable by any Lender, applicable Lending Installation, LC Issuer, or Acceptance Lender in connection with its Eurodollar Loans, Facility LCs, Acceptances, or participations in Facility LCs or Acceptances, or requires any Lender, applicable Lending Installation, LC Issuer, or Acceptance Lender to make any payment calculated by reference to the amount of Eurodollar Loans, Facility LCs, Acceptances, or participations in Facility LCs or Acceptances held or interest or LC Fees or Acceptance Fees received by it, by an amount deemed material SOFR Loans made by such Lender, LC Issuer, Lender or Acceptance Lender, as the case may beany Letter of Credit or participation therein; and the result of any of the foregoing is shall be to increase the cost to such LenderLender of making, applicable Lending Installationcontinuing, LC Issuerconverting to or maintaining any SOFR Loans (or, in the case of a Change in Law with respect to Taxes, any Loan) or of maintaining its obligation to make any such Loan, or Acceptance Lenderto increase the cost to such Lender or Issuing Lender of participating in, as the case may be, of making issuing or maintaining its Eurodollar Loans or Commitment, any Letter of issuing or participating in Facility LCs, Credit (or of accepting maintaining its obligation to participate in or participating in Acceptances to issue any Letter of Credit), or to reduce the return amount of any sum received or receivable by such Lender or Issuing Lender hereunder (whether of principal, interest or any other amount) then, upon request of such Lender or Issuing Lender, applicable Lending Installation, LC Issuer, or Acceptance Lender, as the case may be, in connection with such Eurodollar Loans, Commitment, Facility LCs, Acceptances, or participations in Facility LCs or Acceptances, then, within fifteen days of demand by such Lender, LC Issuer, or Acceptance Lender (any such demand to be made within 180 days of the date such Lender, LC Issuer, or Acceptance Lender obtains knowledge that it is entitled to compensation pursuant to this Section 3.1), as the case may be, the applicable Borrower or Borrowers shall pay to such Lender, LC Issuer, Lender or Acceptance Issuing Lender, as the case may be, such additional amount or amounts as will compensate such Lender, LC Issuer, Lender or Acceptance Issuing Lender, as the case may be, for such increased cost additional costs incurred or reduction in amount receivedsuffered. Notwithstanding the foregoing, no Lender or Issuing Lender shall be entitled to seek compensation under this Section 3.01 unless such Lender or Issuing Lender is generally seeking compensation from other borrowers that are similarly situated to and of similar creditworthiness with respect to its similarly affected commitments, loans and/or participations under agreements with such borrowers having provisions similar to this Section 3.01.

Appears in 1 contract

Samples: Credit Agreement (Dick's Sporting Goods, Inc.)

Yield Protection. If, on or after the Closing Datedate of this Agreement, the adoption of any law or any governmental or quasi-governmental rule, regulation, policy, guideline, guideline or directive (whether or not having the force of law), or any change in the interpretation or administration thereof by any governmental or quasi-governmental authority, central bank, bank or comparable agency charged with the interpretation or administration thereof, or compliance by any Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer with any request or directive (whether or not having the force of law) of any such authority, central bank, bank or comparable agency: (a) subjects any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to any Taxes, or changes the basis of taxation of payments (other than with respect to Excluded Taxes) to any Lender, Lender or the LC Issuer or Acceptance Lender in respect of its Eurodollar Loans bearing interest based on the Eurocurrency Base Rate (“Eurocurrency Loans”), Facility LCs, Acceptances, Letters of Credit or participations therein;, or (b) imposes or increases or deems applicable any reserve, assessment, insurance charge, special deposit, deposit or similar requirement against assets of, deposits with or for the account of, or credit extended by, any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer (other than reserves and assessments taken into account in determining the interest rate applicable to Eurodollar Advancesthe Eurocurrency Loans); , or (c) imposes any other condition the result of which is to increase the cost to any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer of making, funding, funding or maintaining its Eurodollar Eurocurrency Loans, or of issuing or participating in Facility LCs or AcceptancesLetters of Credit, or reduces any amount receivable by any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer in connection with its Eurodollar Eurocurrency Loans, Facility LCs, Acceptances, Letters of Credit or participations in Facility LCs or Acceptancestherein, or requires any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to make any payment calculated by reference to the amount of Eurodollar Eurocurrency Loans, Facility LCs, Acceptances, Letters of Credit or participations in Facility LCs or Acceptances held therein held, or interest or LC Fees or Acceptance Fees fees received by itit with respect thereto, by an amount deemed material by such Lender, Lender or the LC Issuer, or Acceptance Lender, Issuer as the case may be; , and the result of any of the foregoing is to increase the cost to such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, of making or maintaining its Eurodollar Eurocurrency Loans or Commitment, Commitments or of issuing or participating in Facility LCs, or Letters of accepting or participating in Acceptances Credit or to reduce the return received by such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, in connection with such Eurodollar LoansEurocurrency Loans or Commitments, Commitment, Facility LCs, Acceptances, Letters of Credit or participations in Facility LCs or Acceptancestherein, then, within fifteen 15 days of demand by such Lender, Lender or the LC Issuer, or Acceptance Lender (any such demand to be made within 180 days of the date such Lender, LC Issuer, or Acceptance Lender obtains knowledge that it is entitled to compensation pursuant to this Section 3.1), as the case may be, the applicable Borrower or Borrowers shall pay such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, such additional amount or amounts as will compensate such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, for such increased cost or reduction in amount received.

Appears in 1 contract

Samples: Loan Agreement (Lithia Motors Inc)

Yield Protection. If, on or after the Closing Date, the adoption of If any law or any governmental or quasi-governmental rule, regulation, policy, guideline, or directive (whether or not having the force of law), or any change Change in the interpretation or administration thereof by any governmental or quasi-governmental authority, central bank, or comparable agency charged with the interpretation or administration thereof, or compliance by any Lender, applicable Lending Installation, LC Issuer, or Acceptance Lender with any request or directive (whether or not having the force of law) of any such authority, central bank, or comparable agencyLaw: (ai) subjects the Administrative Agent, any Lender, Lender or any applicable Lending Installation, Installation or any LC Issuer, or Acceptance Lender Issuer to any Taxestaxes, duties, levies, imposts, deductions, fees, assessments, charges or changes withholdings, and any and all liabilities with respect to the basis of taxation of payments foregoing (other than with respect to (A) Taxes imposed on amounts payable hereunder, (B) Excluded Taxes or (C) Other Taxes) to any Lenderon its loans, LC Issuer or Acceptance Lender in respect loan principal, letters of its Eurodollar Loanscredit, Facility LCs, Acceptancescommitments, or participations therein;other obligations, or its deposits, reserves, other liabilities or capital attributable thereto, or (bii) imposes or increases or deems applicable any reserve, compulsory loan, assessment, insurance charge, special deposit, capital adequacy, liquidity or similar requirement against assets of, deposits with or for the account of, or credit extended by, any Lender, Lender or any applicable Lending Installation, Installation or any LC Issuer, or Acceptance Lender Issuer (other than reserves and assessments taken into account in determining the interest rate applicable to Eurodollar Advances); , or (ciii) imposes any other condition the result of which is to increase the cost to any Lender, Lender or any applicable Lending Installation, Installation or any LC Issuer, or Acceptance Lender Issuer of making, funding, funding or maintaining its Eurodollar LoansLoans or Commitment, or of issuing or of participating in Facility LCs or AcceptancesLCs, or reduces any amount receivable by any Lender, Lender or any applicable Lending Installation, Installation or any LC Issuer, or Acceptance Lender Issuer in connection with its Eurodollar LoansLoans or Commitment, Facility LCs, Acceptances, or participations in Facility LCs or Acceptancesparticipations therein, or requires any Lender, Lender or any applicable Lending Installation, Installation or any LC Issuer, or Acceptance Lender Issuer to make any payment calculated by reference to the amount of Eurodollar LoansLoans or Commitment, Facility LCs, Acceptances, or participations in Facility LCs or Acceptances participants therein held or interest or of LC Fees or Acceptance Fees received by it, by an amount deemed material by such Lender, Lender or such LC Issuer, or Acceptance Lender, Issuer as the case may be; , and the result of any of the foregoing is to increase the cost to the Administrative Agent, such Lender, Lender or applicable Lending Installation, Installation or such LC Issuer, or Acceptance Lender, as the case may be, of making making, continuing, converting into or maintaining its Eurodollar Loans Loans, Commitment or Commitment, of issuing or participating in Facility LCs, or of accepting or participating in Acceptances LCs or to reduce the return received by the Administrative Agent, such Lender, Lender or applicable Lending Installation, Installation or such LC Issuer, or Acceptance Lender, as the case may be, in connection with such Eurodollar Loans, Commitment, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, then, within fifteen (15) days of demand by the Administrative Agent, such Lender, Lender or such LC Issuer, or Acceptance Lender (any such demand to be made within 180 days of the date such Lender, LC Issuer, or Acceptance Lender obtains knowledge that it is entitled to compensation pursuant to this Section 3.1), as the case may be, the applicable Borrower or Borrowers shall pay the Administrative Agent, such Lender, Lender or such LC Issuer, or Acceptance Lender, as the case may be, Issuer such additional amount or amounts as will compensate such Lender, Lender or such LC Issuer, or Acceptance Lender, as the case may be, for such increased cost or reduction in amount received.

Appears in 1 contract

Samples: Credit Agreement (Blueknight Energy Partners, L.P.)

Yield Protection. If, on or after the Closing Date, the adoption of If any change in law or any governmental or quasi-governmental rule, regulation, policy, guideline, guideline or directive (whether or not having the force of law), or any change in the interpretation or administration thereof by any governmental or quasi-governmental authority, central bank, or comparable agency charged with the interpretation or administration thereof, or the compliance by any Lender, applicable Lending Installation, LC Issuer, or Acceptance Lender with any request or directive (whether or not having the force of law) of any such authority, central bank, Lender or comparable agency:the L/C Issuer therewith, (a) subjects any Lender, Lender or the L/C Issuer or any applicable Lending Installation, LC Issuer, or Acceptance Lender Installation to any Taxestax, duty, charge or withholding on or from payments due from the Borrower or TLGI or any other Person obligated hereunder to any Lender or the L/C Issuer (excluding taxation of the overall net income of any Lender or the L/C Issuer or any applicable Lending Installation or other taxes in lieu of such taxes imposed by the United States or any jurisdiction in which such Lender or the L/C Issuer has its principal office or applicable Lending Installation or is engaged in business), or changes the basis of taxation of payments (other than with respect to Excluded Taxes) to any Lender, LC Lender or the L/C Issuer or Acceptance Lender in respect of its Eurodollar Facility A Revolving Loans, Facility LCsB Revolving Loans, AcceptancesSwing Line Loans, Swing Line Interests, L/C Interests, L/C Obligations or participations therein;other amounts due it hereunder, or (b) imposes or increases or deems applicable any reserve, assessment, insurance charge, special deposit, deposit or similar requirement against assets of, deposits with with, or for the account of, or credit extended by, any Lender, Lender or the L/C Issuer or any applicable Lending Installation, LC Issuer, or Acceptance Lender Installation (other than reserves and assessments taken into account in determining the interest rate applicable to Eurodollar Fixed Rate Advances); , or (c) imposes any other condition the result of which is to increase the cost to any Lender, Lender or the L/C Issuer or any applicable Lending Installation, LC Issuer, or Acceptance Lender Installation of making, funding, funding or maintaining its Eurodollar Loans, loans or of issuing or participating in Facility LCs or Acceptances, letters of credit or reduces any amount receivable by any Lender, Lender or the L/C Issuer or any applicable Lending Installation, LC Issuer, or Acceptance Lender Installation in connection with its Eurodollar Loans, Facility LCs, Acceptances, loans or participations in Facility LCs or Acceptancesletters of credit, or requires any Lender, Lender or the L/C Issuer or any applicable Lending Installation, LC Issuer, or Acceptance Lender Installation to make any payment calculated by reference to the amount of Eurodollar Loans, Facility LCs, Acceptancesloans or letters of credit held, or participations in Facility LCs or Acceptances held or interest or LC Fees or Acceptance Fees received by it, by an amount deemed material by such Lender, LC Lender or the L/C Issuer, or Acceptance Lender, as the case may be; and the result of any of the foregoing is to increase the cost to such Lender, applicable Lending Installation, LC Issuer, or Acceptance Lender, as the case may be, of making or maintaining its Eurodollar Loans or Commitment, of issuing or participating in Facility LCs, or of accepting or participating in Acceptances or to reduce the return received by such Lender, applicable Lending Installation, LC Issuer, or Acceptance Lender, as the case may be, in connection with such Eurodollar Loans, Commitment, Facility LCs, Acceptances, or participations in Facility LCs or Acceptances, then, within fifteen 15 days of demand by such Lender, LC Lender or the L/C Issuer, or Acceptance Lender (any such demand to be made within 180 days of the date such Lender, LC Issuer, or Acceptance Lender obtains knowledge that it is entitled to compensation pursuant to this Section 3.1), as the case may be, the applicable Borrower or Borrowers shall pay such Lender, LC Issuer, Lender or Acceptance Lender, as the case may be, such additional amount or amounts as will compensate such Lender, LC Issuer, or Acceptance Lender, as the case may be, for L/C Issuer that portion of such increased cost expense incurred or reduction in an amount receivedreceived which such Lender or the L/C Issuer determines is attributable to making, funding and maintaining its Facility A Revolving Loans, Facility B Revolving Loans, Swing Line Loans, Swing Line Interests, L/C Interests, the Letters of Credit, the L/C Obligations and its Commitment (and in the case of the Swing Line Lender, its Swing Line Commitment, and in the case of the L/C Issuer, its commitment to issue Letters of Credit).

Appears in 1 contract

Samples: Credit Agreement (Loewen Group Inc)

Yield Protection. If, on or after the Closing Datedate of this Agreement, the adoption of any law or any governmental or quasi-governmental rule, regulation, policy, guideline, guideline or directive (whether or not having the force of law), or any change in the interpretation or administration thereof by any governmental or quasi-governmental authority, central bank, bank or comparable agency charged with the interpretation or administration thereof, or compliance by any Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer with any request or directive (whether or not having the force of law) of any such authority, central bank, bank or comparable agency: (ai) subjects any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to any Taxes, or changes the basis of taxation of payments (other than with respect to Excluded Taxes) to any Lender, Lender or the LC Issuer or Acceptance Lender in respect of its Eurodollar Loans, Facility LCs, Acceptances, LCs or participations therein;, or (bii) imposes or increases or deems applicable any reserve, assessment, insurance charge, special deposit, deposit or similar requirement against assets of, deposits with or for the account of, or credit extended by, any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer (other than reserves and assessments taken into account in determining the interest rate applicable to Eurodollar Advances); , or (ciii) imposes any other condition the result of which is to increase the cost to any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer of making, funding, funding or maintaining its Eurodollar Loans, or of issuing or participating in Facility LCs or AcceptancesLCs, or reduces any amount receivable by any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer in connection with its Eurodollar Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, or requires any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to make any payment calculated by reference to the amount of Eurodollar Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptances therein held or interest or LC Fees or Acceptance Fees received by it, by an amount deemed material by such Lender, Lender or the LC Issuer, or Acceptance Lender, Issuer as the case may be; , and the result of any of the foregoing is to increase the cost to such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, of making or maintaining its Eurodollar Loans or Commitment, Commitment or of issuing or participating in Facility LCs, or of accepting or participating in Acceptances LCs or to reduce the return received by such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, in connection with such Eurodollar Loans, Loans or Commitment, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, then, within fifteen 15 days of demand by such Lender, Lender or the LC Issuer, or Acceptance Lender (any such demand to be made within 180 days of the date such Lender, LC Issuer, or Acceptance Lender obtains knowledge that it is entitled to compensation pursuant to this Section 3.1), as the case may be, the applicable Borrower or Borrowers shall pay such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, such additional amount or amounts as will compensate such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, for such increased cost or reduction in amount received.

Appears in 1 contract

Samples: Credit Agreement (Actuant Corp)

Yield Protection. If, on or after the Closing Datedate of this Agreement, the adoption of any law or any governmental or quasi-governmental rule, regulation, policy, guideline, guideline or directive (whether or not having the force of law), or any change in the interpretation or administration thereof by any governmental or quasi-governmental authority, central bank, bank or comparable agency charged with the interpretation or administration thereof, or compliance by any Lender, Lender or applicable Lending Installation, LC Issuer, Installation or Acceptance the Issuing Lender with any request or directive (whether or not having the force of law) of any such authority, central bank, bank or comparable agency:agency (collectively, "Change in Law"): (ai) subjects any Lender, Lender or any applicable Lending Installation, LC Issuer, Installation or Acceptance the Issuing Lender to any Taxes, or changes the basis of taxation of payments (other than with respect to Excluded Taxes) to any Lender, LC Issuer Lender or Acceptance the Issuing Lender in respect of its Eurodollar Eurocurrency Loans, Facility LCs, Acceptances, Letters of Credit or participations therein;, or (bii) imposes or increases or deems applicable any reserve, assessment, insurance charge, special deposit, deposit or similar requirement against assets of, deposits with or for the account of, or credit extended by, any Lender, Lender or any applicable Lending Installation, LC Issuer, Installation or Acceptance the Issuing Lender (other than reserves and assessments taken into account in determining the interest rate applicable to Eurodollar AdvancesFixed Rate Borrowings); , or (ciii) imposes any other condition the result of which is to increase the cost to any Lender, Lender or any applicable Lending Installation, LC Issuer, Installation or Acceptance the Issuing Lender of making, funding, funding or maintaining its Eurodollar Fixed Rate Loans, or of issuing or participating in Facility LCs or AcceptancesLetters of Credit, or reduces any amount receivable by any Lender, Lender or any applicable Lending Installation, LC Issuer, Installation or Acceptance the Issuing Lender in connection with its Eurodollar Fixed Rate Loans, Facility LCs, Acceptances, Letters of Credit or participations in Facility LCs or Acceptancestherein, or requires any Lender, Lender or any applicable Lending Installation, LC Issuer, Installation or Acceptance the Issuing Lender to make any payment calculated by reference to the amount of Eurodollar Fixed Rate Loans, Facility LCs, Acceptances, Letters of Credit or participations in Facility LCs or Acceptances therein held or interest or LC Fees or Acceptance Facility Letter of Credit Fees received by it, by an amount deemed material by such Lender, LC Issuer, Lender or Acceptance Lender, the Issuing Lender as the case may be; , and the result of any of the foregoing is to increase the cost to such Lender, Lender or applicable Lending Installation, LC Issuer, Installation or Acceptance the Issuing Lender, as the case may be, of making or maintaining its Eurodollar Fixed Rate Loans or Commitment, Commitment or of issuing or participating in Facility LCs, or Letters of accepting or participating in Acceptances Credit or to reduce the return received receivable by such Lender, Lender or applicable Lending Installation, LC Issuer, Installation or Acceptance the Issuing Lender, as the case may be, in connection with such Eurodollar Fixed Rate Loans, Commitment, Facility LCs, Acceptances, Letters of Credit or participations in Facility LCs or Acceptancestherein, then, within fifteen 30 days of demand by such Lender or the Issuing Lender, LC Issuer, or Acceptance Lender (any such demand to be made within 180 days of the date such Lender, LC Issuer, or Acceptance Lender obtains knowledge that it is entitled to compensation pursuant to this Section 3.1), as the case may be, the applicable Borrower or Borrowers shall pay such Lender, LC Issuer, Lender or Acceptance the Issuing Lender, as the case may be, such additional amount or amounts as will compensate such Lender, LC Issuer, Lender or Acceptance the Issuing Lender, as the case may be, for such increased cost or reduction in amount receivedreceivable.

Appears in 1 contract

Samples: Credit Agreement (Developers Diversified Realty Corp)

Yield Protection. If, on or after the Closing Date, the adoption of If any law or any governmental or quasi-governmental rule, regulation, policy, guideline, or directive (whether or not having the force of law), or any change Change in the interpretation or administration thereof by any governmental or quasi-governmental authority, central bank, or comparable agency charged with the interpretation or administration thereof, or compliance by any Lender, applicable Lending Installation, LC Issuer, or Acceptance Lender with any request or directive (whether or not having the force of law) of any such authority, central bank, or comparable agencyLaw: (ai) subjects any Issuer, the Swingline Lender, any other Lender or any applicable Lending Installation, LC Issuer, or Acceptance Lender Installation to any Taxes, or changes the basis of taxation of payments (other than with respect to Excluded Taxes) to such Issuer in respect of Letters of Credit or to the Swingline Lender or any Lender, LC Issuer or Acceptance Lender in respect of its Eurodollar LoansLoans or its participations in Letters of Credit, Facility LCs, Acceptances, or participations therein;or (bii) imposes or increases or deems applicable any reserve, assessment, insurance charge, special deposit, deposit or similar requirement against assets of, deposits with or for the account of, or credit extended by, any Issuer, the Swingline Lender, any other Lender or any applicable Lending Installation, LC Issuer, or Acceptance Lender Installation (other than reserves and assessments taken into account in determining the interest rate applicable to Eurodollar Advances); , or (ciii) imposes any other condition the result of which is to increase the cost to any Issuer, the Swingline Lender, any other Lender or any applicable Lending Installation, LC Issuer, or Acceptance Lender of making, funding, or maintaining its Eurodollar Loans, or Installation of issuing or participating in Facility LCs Letters of Credit or Acceptancesmaking, funding or maintaining its Eurodollar Loans or reduces any amount receivable by any Issuer, the Swingline Lender, any other Lender or any applicable Lending Installation, LC Issuer, or Acceptance Lender Installation in connection with Letters of Credit or its Eurodollar Loans, Facility LCs, Acceptances, or participations in Facility LCs or Acceptances, or requires any Issuer, the Swingline Lender, any other Lender or any applicable Lending Installation, LC Issuer, or Acceptance Lender Installation to make any payment calculated by reference to the amount of Eurodollar LoansLetters of Credit issued by it, Facility LCs, Acceptances, or the amount of its participations in Facility LCs Letters of Credit or Acceptances the amount of Eurodollar Loans held or interest or LC Fees or Acceptance Fees received by it, in each case by an amount deemed material by such Issuer or such other Lender, LC Issuer, or Acceptance Lender, as the case may be; and the result of any of the foregoing is to increase the cost to such Issuer, the Swingline Lender, such other Lender or such applicable Lending Installation, LC Issuer, Installation of issuing or Acceptance Lender, as the case may be, participating in Letters of Credit or making or maintaining its Eurodollar Loans or Commitment, of issuing or participating in Facility LCs, or of accepting or participating in Acceptances Commitment or to reduce the return received by such Issuer, the Swingline Lender, such other Lender or such applicable Lending Installation, LC Issuer, or Acceptance Lender, as the case may be, Installation in connection with such issuing or participating in Letters of Credit or its Eurodollar Loans, Loans or Commitment, Facility LCs, Acceptances, or participations in Facility LCs or Acceptances, then, within fifteen 15 days of demand by such Lender, LC Issuer, the Swingline Lender or Acceptance Lender (any such demand to be made within 180 days of the date such other Lender, LC Issuer, or Acceptance Lender obtains knowledge that it is entitled to compensation pursuant to this Section 3.1), as the case may be, the applicable Borrower (or, if any of the foregoing is not attributable or Borrowers allocable to a particular Borrower, PHI) shall pay such Lender, LC Issuer, the Swingline Lender or Acceptance Lender, as the case may be, such other Lender such additional amount or amounts as will compensate such Lender, LC Issuer, the Swingline Lender or Acceptance Lender, as the case may be, such Lender for such increased cost or reduction in amount received; provided that a certificate setting forth such amount or amounts as shall be necessary to compensate such Lender as specified in clauses (i) through (iii) above, as the case may be, and containing an explanation in reasonable detail of the manner in which such amount or amounts shall have been determined, shall have been delivered to the Borrowers and shall be conclusive absent manifest error.

Appears in 1 contract

Samples: Credit Agreement (Pepco Holdings Inc)

Yield Protection. If, on or after the Closing Datedate of this Agreement, the adoption of any law or any governmental or quasi-governmental rule, regulation, policy, guideline, guideline or directive (whether or not having the force of law), or any change in the interpretation or administration thereof by any governmental or quasi-governmental authority, central bank, bank or comparable agency charged with the interpretation or administration thereof, or compliance by any Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer with any request or directive (whether or not having the force of law) of any such authority, central bank, bank or comparable agency: (ai) subjects any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to any Taxes, or changes the basis of taxation of payments (other than with respect to Excluded Taxes) to any Lender, Lender or the LC Issuer or Acceptance Lender in respect of its Eurodollar Loans, Facility LCs, Acceptances, LCs or participations therein;, or (bii) imposes or increases or deems applicable any reserve, assessment, insurance charge, special deposit, deposit or similar requirement against assets of, deposits with or for the account of, or credit extended by, any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer (other than reserves and assessments taken into account in determining the interest rate applicable to Eurodollar Advances); , or (ciii) imposes any other condition the result of which is to increase the cost to any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer of making, funding, funding or maintaining its Eurodollar Loans, or of issuing or participating in Facility LCs or Acceptances, or reduces any amount receivable by any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer in connection with its Eurodollar Loans, Loans or Facility LCs, Acceptances, LC or participations in Facility LCs or Acceptancesparticipation therein, or requires any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to make any payment calculated by reference to the amount of Eurodollar Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptances therein held or interest or LC Fees or Acceptance Fees received by it, by an amount deemed material by such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be; , and the result of any of the foregoing is to increase the cost to such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, of making or maintaining its Eurodollar Loans or Commitment, Commitment or of issuing or participating in Facility LCs, or of accepting or participating in Acceptances LCs or to reduce the return received by such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, in connection with such Eurodollar Loans, Commitment, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, then, within fifteen 15 days of demand by such Lender, Lender or the LC Issuer, or Acceptance Lender (any such demand to be made within 180 days of the date such Lender, LC Issuer, or Acceptance Lender obtains knowledge that it is entitled to compensation pursuant to this Section 3.1), as the case may be, the applicable Borrower or Borrowers shall pay such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, such additional amount or amounts as will compensate such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, for such increased cost or reduction in amount received.

Appears in 1 contract

Samples: Credit Agreement (Penn Virginia Corp)

Yield Protection. If, on or after the Closing Datedate of this Agreement, the adoption of any law or any governmental or quasi-governmental rule, regulation, policy, guideline, guideline or directive (whether or not having the force of law), or any change in the interpretation or administration thereof by any governmental or quasi-governmental authority, central bank, bank or comparable agency charged with the interpretation or administration thereof, or compliance by any Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer with any request or directive (whether or not having the force of law) of any such authority, central bank, bank or comparable agency: (ai) subjects any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to any Taxes, or changes the basis of taxation of payments (other than with respect to Excluded Taxes) to any Lender, Lender or the LC Issuer or Acceptance Lender in respect of its Eurodollar Loans, Facility LCs, Acceptances, LCs or participations therein;, or (bii) imposes or increases or deems applicable any reserve, assessment, insurance charge, special deposit, deposit or similar requirement against assets of, deposits with or for the account of, or credit extended by, any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer (other than reserves and assessments taken into account in determining the interest rate applicable to Eurodollar Advances); , or (ciii) imposes any other condition the result of which is to increase the cost to any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer of making, funding, funding or maintaining its Eurodollar Loans, Loans or of issuing or participating in Facility LCs or AcceptancesLCs, or reduces any amount receivable by any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer in connection with its Eurodollar Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, or requires any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to make any payment calculated by reference to the amount of Eurodollar Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptances therein, held or interest or LC Fees or Acceptance Fees received by it, by an amount deemed material by such Lender, Lender or the LC Issuer, or Acceptance Lender, Issuer as the case may be; , and the result of any of the foregoing is to increase the cost to such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, of making or maintaining its Eurodollar Loans or Commitment, Commitment or of issuing or participating in Facility LCs, or of accepting or participating in Acceptances LCs or to reduce the return received by such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, in connection with such Eurodollar Loans, Commitment, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, then, within fifteen 15 days of demand by such Lender, Lender or the LC Issuer, or Acceptance Lender (any such demand to be made within 180 days of the date such Lender, LC Issuer, or Acceptance Lender obtains knowledge that it is entitled to compensation pursuant to this Section 3.1), as the case may be, the applicable Borrower or Borrowers shall pay such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, such additional amount or amounts as will compensate such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, for such increased cost or reduction in amount received.

Appears in 1 contract

Samples: Credit Agreement (Clayton Williams Energy Inc /De)

Yield Protection. (a) If, on or after the Closing Datedate of this Agreement, the adoption of any law or any governmental or quasi-governmental rule, regulation, policy, guideline, guideline or directive (whether or not having the force of law), or any change in the interpretation or administration thereof by any governmental or quasi-governmental authority, central bank, bank or comparable agency charged with the interpretation or administration thereof, or compliance by any Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer with any request or directive (whether or not having the force of law) of any such authority, central bank, bank or comparable agency:agency (any such event, a “Change in Law”): (ai) subjects any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to any Taxes, or changes the basis of taxation of payments (other than with respect to Excluded Taxes) to any Lender, Lender or the LC Issuer or Acceptance Lender in respect of its Eurodollar Eurocurrency Loans, Facility LCs, Acceptances, LCs or participations therein;, or (bii) imposes or increases or deems applicable any reserve, assessment, insurance charge, special deposit, deposit or similar requirement against assets of, deposits with or for the account of, or credit extended by, any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer (other than reserves and assessments taken into account in determining the interest rate applicable to Eurodollar Eurocurrency Advances); , or (ciii) imposes any other condition the result of which is to increase the cost to any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, Issuer of maintaining its Commitment or Acceptance Lender of making, funding, funding or maintaining its Eurodollar LoansEurocurrency Loans (including, without limitation, any conversion of any Loan denominated in an Agreed Currency other than Euro into a Loan denominated in Euro), or of issuing or participating in Facility LCs or AcceptancesLCs, or reduces any amount receivable by any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer in connection with its Eurodollar Eurocurrency Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, or requires any Lender, Lender or any applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender Issuer to make any payment calculated by reference to its Commitment or the amount of Eurodollar Eurocurrency Loans, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptances therein held or interest or LC Fees or Acceptance Fees fees received by it, by an amount deemed material by such Lender, Lender or the LC Issuer, or Acceptance Lender, Issuer as the case may be; , and the result of any of the foregoing is to increase the cost to such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, of making or maintaining its Eurodollar Eurocurrency Loans (including, without limitation, any conversion of any Loan denominated in an Agreed Currency other than Euro into a Loan denominated in Euro) or Commitment, Commitment or of issuing or participating in Facility LCs, or of accepting or participating in Acceptances LCs or to reduce the return received by such Lender, Lender or applicable Lending Installation, Installation or the LC Issuer, or Acceptance Lender, as the case may be, in connection with such Eurodollar LoansEurocurrency Loan, or Commitment, Facility LCs, Acceptances, LCs or participations in Facility LCs or Acceptancestherein, then, within fifteen 30 days of demand by such Lender, Lender or the LC Issuer, or Acceptance Lender (any such demand to be made within 180 days of the date such Lender, LC Issuer, or Acceptance Lender obtains knowledge that it is entitled to compensation pursuant to this Section 3.1), as the case may be, the applicable relevant Borrower or Borrowers shall pay such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, such additional amount or amounts as will compensate such Lender, Lender or the LC Issuer, or Acceptance Lender, as the case may be, Issuer for such increased cost or reduction in amount received.

Appears in 1 contract

Samples: Credit Agreement (Cardinal Health Inc)

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