Increased Costs Lender definition

Increased Costs Lender means a Lender to whom the Borrower is required to pay Increased Costs under Clause 16 (Increased costs), to make a tax gross-up under Clause 15.2 (Tax gross-up) or tax indemnity under Clause 15.3 (Tax indemnity).
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Increased Costs Lender. Means a Lender that has incurred Increased Costs.
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Increased Costs Lender means a Lender or an Issuing Bank to whom any Obligor becomes obligated to pay any Mandatory Costs or any amount pursuant to Clause 11.1 (Illegality), Clause 16.2 (Market disruption), Clause 18 (Tax Gross Up and Indemnities) or Clause 19 (Increased Costs).
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Examples of Increased Costs Lender in a sentence

  • To the extent that changing the jurisdiction of Lender’s applicable office would have the effect of minimizing Special Taxes, Other Taxes or Increased Costs, Lender shall use reasonable efforts to make such a change, provided that same would not otherwise be disadvantageous to Lender.

  • To the extent that changing the jurisdiction of Lender’s applicable office would have the effect of minimizing Indemnified Taxes, Other Taxes or Increased Costs, Lender shall at the request of Borrower use commercially reasonable efforts to make such a change, provided that same would not otherwise be disadvantageous (as reasonably determined by Lender) or involve any unreimbursed expense to Lender.

  • To the extent that changing the jurisdiction of Lender's applicable office would have the effect of minimizing Special Taxes, Other Taxes or Increased Costs, Lender shall use reasonable efforts to make such a change, provided that same would not otherwise be disadvantageous to Lender.

  • To the extent that changing the jurisdiction of Lender’s applicable office would have the effect of minimizing Special Taxes, Other Taxes or Increased Costs, Lender shall use reasonable efforts to make such a change.

  • Until the Borrowers complete performance of all the obligations with respect to Tranche B under this Agreement to such Increased Costs Lender, the relevant provisions of this Agreement regarding the performance of such obligations by the Borrowers shall remain in full force and effect in relation to the Increased Costs Lender.

  • To the extent that changing the jurisdiction of Lender's applicable office would have the effect of minimizing Special Taxes, Other Taxes or Increased Costs, Lender shall use reasonable efforts to make such a change, provided that same would not otherwise be materially disadvantageous to Lender.

  • In the case where such Increased Costs Lender has already received an equivalent amount, it shall refund to the Parent Borrower such amount as soon as possible after the expiration of the Lending Obligation with respect to Tranche A or the termination of this Agreement with respect to Tranche A.

  • For sake of clarity, no such Defaulting Lender, Increased Costs Lender, or Non-Consenting Lender shall be entitled to any Early Termination Fee as a result of the payment to such Person of the outstanding principal of its Loans pursuant to this Section 10.06.

  • The Parent Borrower shall respond to such notice of request by giving written notice to such Increased Costs Lender through the Facility Agent within fifteen (15) Business Days of the date of receipt of the notice by the Parent Borrower.

  • The Borrowers shall respond to such notice of request by giving written notice to such Increased Costs Lender through the Facility Agent within fifteen (15) Business Days of the date of receipt of the notice by the Borrowers.


More Definitions of Increased Costs Lender

Increased Costs Lender means a Lender to whom a Borrower is required to pay increased costs or to make a tax gross-up or tax indemnity payment.
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Increased Costs Lender means a Lender in respect of which:
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Related to Increased Costs Lender

  • Increased-Cost Lenders as defined in Section 2.23.

  • Increased Cost Lender as defined in Section 2.23.

  • Increased Costs means: (A) a reduction in the rate of return from the Facility or on a Finance Party’s (or its Affiliate’s) overall capital; (B) an additional or increased cost; or (C) a reduction of any amount due and payable under any Finance Document, which is incurred or suffered by a Finance Party or any of its Affiliates to the extent that it is attributable to that Finance Party having entered into its Commitment or funding or performing its obligations under any Finance Document.

  • Increased Costs of Hedging means that the Issuer has to pay a substantially higher amount of taxes, duties, expenditures and fees (with the exception of broker fees) compared to the First Trade Date in order to

  • Increased Cost has the meaning specified in Section 3.01.

  • Additional Revolving Lender means any Lender with an Additional Revolving Credit Commitment or any Additional Revolving Credit Exposure.

  • Increased Cost of Hedging means that the Issuer would incur a materially increased (as compared with circumstances existing on the First Trading Date) amount of tax, duty, expense or fee (other than brokerage commissions) to (A) acquire, establish, re-establish, substitute, maintain, unwind or dispose of any transaction(s) or asset(s) it deems necessary to hedge the risk of issuing and performing its obligations with respect to the Securities, or (B) realise, recover or remit the proceeds of any such transaction(s) or asset(s), provided that any such materially increased amount that is incurred solely due to the deterioration of the creditworthiness of the Issuer shall not be deemed an Increased Cost of Hedging.

  • Increased Commitments has the meaning assigned to such term in Section 2.19(a).

  • Increased Amount of any Indebtedness shall mean any increase in the amount of such Indebtedness in connection with any accrual of interest, the accretion of accreted value, the amortization of original issue discount, the payment of interest in the form of additional Indebtedness with the same terms, accretion of original issue discount or liquidation preference and increases in the amount of Indebtedness outstanding solely as a result of fluctuations in the exchange rate of currencies or increases in the value of property securing Indebtedness.

  • Funding Lender means Citibank N.A., a national banking association, and any successor under this Funding Loan Agreement and the Borrower Loan Documents.

  • Affected Lender has the meaning specified therefor in Section 2.13(b) of the Agreement.

  • Mandatory Costs means the percentage rate per annum calculated in accordance with Schedule 1.01(b).

  • Additional Commitment Lender shall have the meaning provided in Section 2.15(c).

  • Tax Lender has the meaning specified therefor in Section 14.2(a) of the Agreement.

  • Incremental Revolving Lender means a Lender with an Incremental Revolving Commitment.

  • Impacted Lender means a Defaulting Lender or a Lender as to which (a) the L/C Issuer or the Administrative Agent has a good faith belief that the Lender has defaulted in fulfilling its obligations under one or more other syndicated credit facilities or (b) an entity that Controls the Lender has been deemed insolvent or become subject to a bankruptcy or other similar proceeding.

  • Incremental Revolving Facility Lender means a Lender with an Incremental Revolving Facility Commitment or an outstanding Incremental Revolving Loan.

  • Continuing Lender means with respect to any event described in Section 2.08(b), a Lender which is not a Retiring Lender, and “Continuing Lenders” means any two or more of such Continuing Lenders.

  • Increasing Lender has the meaning specified in Section 2.18(b).

  • Administrative Cost Rate As of any date of determination, a rate equal to the sum of the Servicing Fee Rate, the Operating Advisor Fee Rate, the Asset Representations Reviewer Ongoing Fee Rate, the CREFC® Intellectual Property Royalty License Fee Rate and the Trustee/Certificate Administrator Fee Rate.

  • Increased Rate means, with respect to any Increased Rate Period for a Series of RVMTP Shares, the Index Rate for such Increased Rate Period plus an Applicable Spread of 5.92%.

  • Additional Lender has the meaning set forth in Section 2.14(c).

  • Approved costs means the eligible costs or expenditures2 as approved by the Provider, and as defined in the Agreement or Decision on Grant Funding to carry out the Grant Project.

  • Breakage Costs shall have the meaning set forth in Section 2.2.3(h) hereof.

  • Additional Lenders has the meaning assigned to such term in Section 2.18(b).

  • Lender has the meaning specified in the introductory paragraph hereto and, as the context requires, includes the Swing Line Lender.