Examples of Compensating Amount in a sentence
The certificate of the Lender with respect to the Compensating Xxxxxx claimed shall be prima facie evidence of the Compensating Amount to which such Lender is entitled in the absence of manifest error.
The obligation to pay such a Compensating Amount for subsequent periods will continue, subject as herein provided, until the earlier of the payment in full of the Obligations owed to the Lender and the lapse or cessation of the event giving rise to the Compensating Amount.
The Borrower shall within fifteen (15) days of receipt of a certificate from the Lender claiming payment of (as opposed to a certificate referencing a future claim to) any Compensating Amount pay to the Lender the Compensating Xxxxxx claimed.
The payment by the Borrower of such Compensating Amount is not, and shall not be deemed to be or construed as, a repayment on account of any Outstanding Principal Obligations.