Examples of Increased Cost Lender in a sentence
Provide this section complete.3. Section 03 30 00 – Cast-In-Place Concrete.
Increased Cost Lender may, by giving written notice to Borrower through Agent, require Borrower to choose whether to bear the Increased Cost or to repay its obligations to Increased Cost Lender and thereby terminate the Lending Obligation of Increased Cost Lender.
Upon any such sale and payment, such replaced Increased Cost Lender shall no longer constitute a "Lender" for purposes hereof, other than with respect to such rights and obligations that survive termination as set forth herein.
Upon the prepayment of all amounts owing to any Increased Cost Lender and the termination of such Increased Cost Lender’s Commitments, if any, such Increased Cost Lender shall no longer constitute a “Lender” for purposes hereof; provided, any rights of such Increased Cost Lender to indemnification hereunder shall survive as to such Increased Cost Lender.
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