Cost and Yield Protection. Usual for facilities and transactions of this type, including customary tax gross-up provisions.
Cost and Yield Protection. Substantially consistent with the Cash Flow Bridge Facility Documentation after giving effect to the Capital Markets Bridge Facility Documentation Considerations.
Cost and Yield Protection. As set forth in the Existing Credit Agreement. Maturity: Seven years from the Closing Date.
Examples of Cost and Yield Protection in a sentence
Cost and Yield Protection: Usual for facilities and transactions of this type, consistent with the Documentation Precedent.
Cost and Yield Protection: Usual for facilities and transactions of this type.
Cost and Yield Protection: The cost and yield protection provisions shall be those contained in the Existing Credit Agreement.
Cost and Yield Protection: Usual and customary for facilities of this type.
Cost and Yield Protection Usual for facilities and transactions of this type, including customary tax gross-up provisions (including but not limited to provisions relating to Xxxx-Xxxxx and Basel IV).
More Definitions of Cost and Yield Protection
Cost and Yield Protection. Consistent with the Existing Credit Agreement. Assignments and Participations: Consistent with the Existing Credit Agreement.
Cost and Yield Protection. Usual for facilities and transactions of this type, including
Cost and Yield Protection compensation in respect of "break funding," taxes (including but not limited to gross-up provisions for withholding taxes imposed by any governmental authority), changes in capital requirements, guidelines or policies or their interpretation or application, illegality, change in circumstances, reserves and other provisions deemed necessary by the Bridge Lenders to provide customary protection for U.S. and non-U.S. financial institutions.
Cost and Yield Protection. The same as those in the First-Lien Documentation.
Cost and Yield Protection. The definitive Loan Documents shall contain customary provisions (i) protecting Lender, and any of its assignees or participants against increased costs or loss of yield resulting from changes in reserve, tax, capital adequacy and other requirements of law and from the imposition of or changes in withholding or other taxes and (ii) indemnifying Lender for "breakage costs" incurred in connection with, among other things, any prepayment on a LIBOR loan on a day other than the last day of an interest period with respect thereto.
Cost and Yield Protection. Usual and customary for facilities and transactions of this type, including customary tax gross-up provisions (including but not limited to provisions relating to Xxxx-Xxxxx and Basel III), but subject to the Documentation Principles and based on the Pre-Petition Credit Agreement.
Cost and Yield Protection. Usual for facilities and transactions of this type, including but not limited to compensation in respect of prepayments (which will include reimbursement of the Lenders' redeployment costs in the case of prepayments of loans bearing interest based on Adjusted LIBOR other than at the end of an interest period), taxes (including withholding taxes), changes in capital requirements, guidelines or policies or their interpretation or application, illegality, change in circumstances, reserves and other provisions deemed necessary by the Agent or the other Lenders to provide customary protection for U.S. and non-U.S. banks. Assignments and Lenders will be permitted to assign their loans, Participations: notes and commitments to other financial institutions, in aggregate amounts not less than $5,000,000, or in lesser amounts if approved by the Agent and the Borrower, and in increments of $1,000,000, with the consent of the Borrower, which shall not be unreasonably withheld, the Agent and, in the case of participations in letters of credit and Revolving Facility commitments, the Fronting Bank. The Agent will hold commitments as of the Closing Date in an aggregate amount greater than the aggregate commitments of any other Lender. The Agent will receive a processing and recordation fee of $3,500, payable by the assignor and/or the assignee, with each assignment. Assignments will be by novation and will not be required to be pro rata among the Senior Secured Facilities. In the event any Lender's long-term credit rating is downgraded to BBB+ or lower by Standard & Poor's Ratings Services or Baa1 or lower by Moodx'x Xxxestors Service, Inc., the Fronting Bank will be permitted to 198 16 replace such Lender with an assignee, subject to the restrictions set forth above. Lenders will be permitted to participate their loans, notes and commitments to other financial institutions without restriction. Participants will have the same benefits as the selling Lenders would have (and will be limited to the amount of such benefits) with regard to yield protection and increased costs. Voting rights of participants will be limited to proposed (a) increases in commitments, (b) reductions of principal, interest rates or fees, (c) extensions of scheduled amortization or final maturity and (d) releases of all or substantially all Collateral securing the applicable Senior Secured Facilities, in each case limited to the applicable Senior Secured Facility in which any participant participates...