Funding Losses definition

Funding Losses has the meaning set forth in Section 2.13(b)(ii).
Funding Losses has the meaning specified therefor in Section 2.12(b)(ii) of the Agreement.
Funding Losses has the meaning set forth in Section 2.10.

Examples of Funding Losses in a sentence

  • In the event of any such payment, each Lender which had funded the Term SOFR Rate Loan or Quoted Rate Loan being paid shall, promptly after being notified of such payment, send written notice (“Funding Loss Notice”) to the Administrative Agent by telecopier or electronic transmission setting forth the amount of attributable Funding Losses.

  • The Administrative Agent shall notify Borrower in writing of the amount of such Funding Losses in the form of a certificate from such Lender setting forth any amount or amounts that such Lender is entitled to receive pursuant to this Section 4.7. A determination by a Lender as to the amounts payable pursuant to this Section 4.7 shall be conclusive absent manifest error.

  • CHANGE IN CIRCUMSTANCES 78 4.1 Taxes 78 4.2 Illegality 82 4.3 Inability to Determine Rates 83 4.4 Permanent Discontinuance of SOFR and Other Benchmarks 83 4.5 Increased Cost and Capital Adequacy 87 4.6 Funding Losses 89 4.7 Requests for Compensation 89 4.8 Survival 90 4.9 Mitigation Obligations; Replacement of Lenders 90 4.10 Cash Collateral 91 5.


More Definitions of Funding Losses

Funding Losses has the meaning set forth in Section 3.04.
Funding Losses shall have the meaning set forth in Section 6.7.
Funding Losses means expenses incurred by any Lender or any Participant of such Lender permitted hereunder in connection with the re-employment of funds prepaid, repaid, not borrowed, or paid, as the case may be, excluding any lost profit of such Lender or any Participant of such Lender over the remainder of the Eurodollar Advance Period for such prepaid Advance. For purposes of calculating amounts payable to a Lender hereunder with respect to Funding Losses, each Lender shall be deemed to have actually funded its relevant Eurodollar Advance through the purchase of a deposit bearing interest at the Eurodollar Rate in an amount equal to the amount of that Eurodollar Advance and having a maturity and repricing characteristics comparable to the relevant Eurodollar Advance Period; provided, however, that each Lender may fund Eurodollar Advances in any manner it sees fit, and the foregoing assumption shall be utilized only for the calculation of amounts payable hereunder.
Funding Losses means expenses incurred by any Lender or any participant of such Lender permitted hereunder in connection with the re-employment of funds prepaid, repaid, not borrowed, or paid, as the case may be, and any lost profit of such Lender or any participant of such Lender over the remainder of the Eurodollar Advance Period for such prepaid Advance. For purposes of calculating amounts payable to a Lender hereunder with respect to Funding Losses, each Lender shall be deemed to have actually funded its relevant Eurodollar Advance through the purchase of a deposit bearing interest at the Eurodollar Rate in an amount equal to the amount of that Eurodollar Advance and having a maturity and repricing characteristics comparable to the relevant Eurodollar Advance Period; provided, however, that each Lender may fund each of its Eurodollar Advances in any manner it sees fit, and the foregoing assumption shall be utilized only for the calculation of amounts payable hereunder.
Funding Losses means any amounts payable by the Borrower pursuant to Clause 6.6 (Funding Losses).
Funding Losses shall have the meaning given to such term in Section 4.8(b)(ii).
Funding Losses means the reduction of any amounts received or receivable from Borrower, in either case, due to the introduction of, or any change in, law or applicable regulation or treaty (including the administration or interpretation thereof), whether or not having the force of law, or due to the compliance by Lender with any directive, whether or not having the force of law, or request from any central bank or domestic or foreign governmental authority.