Yield Protection. Same as the Existing Credit Agreement.
Yield Protection. Provision: The compensation of the Company and the Bank Investors by the Debtor of the Company's and the Bank Investors' costs due to increased taxes, reserve and funding costs as described in Section 4.2 of the Note Purchase Agreement.
Yield Protection. The Credit Documentation shall contain customary provisions (a) protecting the Lenders 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 (b) indemnifying the Lenders for “breakage costs” incurred in connection with, among other things, any prepayment of a Eurodollar Loan (as defined in Annex I) on a day other than the last day of an interest period with respect thereto.
Examples of Yield Protection in a sentence
To calculate the Trigger Yield for Area Yield Protection, multiply the expected county yield by the coverage level.
The Exit Fee shall be earned, due and payable immediately upon any such payment or prepayment, and shall be in addition to any accrued and unpaid interest, reimbursement obligations, Yield Protection Premium or other amounts payable in connection therewith.
MP can be purchased by itself, or in conjunction with a Yield Protection or Revenue Protection base policy.
For Revenue Protection, Revenue Protection with the Harvest Price Exclusion, and Yield Protection plans of insurance; use the projected price.
Cost and Yield Protection: Usual for facilities and transactions of this type.
More Definitions of Yield Protection
Yield Protection. The Credit Documentation shall contain customary provisions (a) protecting the Lenders 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 (b) indemnifying the Lenders for "breakage costs" incurred in connection with, among other things, any prepayment of a Eurodollar Loan (as defined in Annex I) on a day other than the last day of an interest period with respect thereto. Expenses and
Yield Protection. The Facility Documentation shall contain customary provisions consistent with the Documentation Principles (a) protecting the Lenders against increased costs or loss of yield resulting from changes in reserve, tax, capital adequacy or other requirements of law, and from the imposition of or changes in withholding or other taxes and (b) indemnifying the Lenders for “breakage costs” incurred in connection with, among other things, any prepayment of a LIBO Rate Loan on a day other than the last day of an Interest Period with respect thereto. Expenses and Indemnification: The Borrower shall pay (a) all reasonable out-of-pocket expenses of the Administrative Agent associated with the syndication of the Facility and the preparation, execution, delivery and administration of the Facility and any amendment or waiver with respect thereto (including the reasonable fees, disbursements and other charges of counsel), (b) all costs, expenses, taxes, assessments and other charges incurred by the Administrative Agent in connection with any filing, registration, recording or perfection of any security interest contemplated by the loan documents, (c) all reasonable out-of-pocket expenses incurred by the Issuing Bank in connection with the issuance of any Letter of Credit, and (d) all out-of-pocket expenses incurred by any agent, the Swingline Lender, the Issuing Bank or any Revolving Lender, including the reasonable fees, charges and disbursements of any counsel for any Agent, the Swingline Lender, the Issuing Bank or any Revolving Lender, in connection with the enforcement or protection of its rights in connection the loan documents. The Administrative Agent, the Swingline Lender and the Lenders (and their affiliates and their respective officers, directors, employees, advisors and agents) will have no liability for, and will be indemnified and held harmless against, any loss, liability, cost or expense incurred in respect of the transactions and the financing contemplated hereby or the use or the proposed use of proceeds thereof (except to the extent such losses are determined by a court of competent jurisdiction by final and nonappealable judgment to have resulted from the gross negligence or willful misconduct of the indemnified person and provided that the Borrower shall not indemnify any indemnitee for (a) any financial liability of the Lender to the Parent, OP LLC, the Borrower or any Subsidiary pursuant to and in accordance with the terms of a swap agreement and (b)...
Yield Protection. The Term Credit Documentation shall contain customary provisions (a) protecting the Term Lenders 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 (b) indemnifying the Term Lenders for “breakage costs” incurred in connection with, among other things, any prepayment of a Eurodollar Loan (as defined in Annex I) on a day other than the last day of an interest period with respect thereto. The Xxxx-Xxxxx Xxxx Street Reform and Consumer Protection Act and Basel III (and all requests, rules, guidelines or directives relating to each of the foregoing or issued in connection therewith) shall be deemed to be changes in law after the Closing Date regardless of the date enacted, adopted or issued. Limitation of Liability, Expenses and Indemnity: Subject to the limitations consistent with those set forth in Section 7(a) of the Commitment Letter to which this Exhibit A is attached, as applicable, the Term Administrative Agent, the Term Lead Arranger and the Term Lenders (and their affiliates
Yield Protection. The Revolving Credit Documentation shall contain customary provisions (a) protecting the Revolving Lenders 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 (b) indemnifying the Revolving Lenders for “breakage costs” incurred in connection with, among other things, any prepayment of a Eurodollar Loan (as defined in Annex I) on a day other than the last day of an interest period with respect thereto. The Xxxx-Xxxxx Xxxx Street Reform and Consumer Protection Act and Basel III (and all requests, rules, guidelines or directives relating to each of the foregoing or issued in connection therewith) shall be deemed to be changes in law after the Closing Date regardless of the date enacted, adopted or issued.
Yield Protection. The credit agreement shall contain customary ---------------- provisions (a) protecting the Lenders against increased costs or reduced returns resulting from changes in reserve, tax, capital adequacy and other requirements of law or from the imposition of or changes in withholding or other taxes and (b) indemnifying the Lenders for "breakage costs" incurred in connection with, among other things, prepayment of a LIBOR loan or Fixed Rate CAF loan on a day other than the last day of an interest period with respect thereto. Expenses and The Company shall pay (a) all reasonable out-of- ------------ pocket expenses of the Administrative Agent and Indemnification: the Arranger associated with the syndication of --------------- the Facility and the preparation, execution, delivery and administration of the credit agreement and any amendment or waiver with respect thereto (including the reasonable fees, disbursements and other charges of counsel) and (b) all reasonable out-of-pocket expenses of the Administrative Agent and the Lenders in connection with the enforcement of the credit agreement or preservation of rights thereunder. The Company will indemnify the Arranger, the Administrative Agent, the Lenders and their respective officers, directors, employees, affiliates, representatives, agents and controlling persons and hold them harmless from and against all costs, expenses (including reasonable fees, disbursements and other charges of counsel) and liabilities of any such indemnified person arising out of or relating to any claim or any litigation or other proceedings (regardless of whether any such indemnified person is a party thereto) that relate to the proposed transactions, including the financing contemplated hereby or any transactions connected therewith, provided that no such indemnified person will be indemnified from any costs, expenses or liabilities to the extent found by a final decision of a court to have resulted from its own gross negligence or willful misconduct. Counsel for the Cravath, Swaine & Xxxxx. --------------- Arranger and the ---------------- Agent: ----- Governing Law and New York. ----------------- Forum: ----- ANNEX I
Yield Protection. The Term Facility Documentation shall contain provisions (a) protecting the Lenders against increased costs or loss of yield resulting from changes in reserve, capital adequacy and other requirements of law (including increased costs attributable to the Xxxx-Xxxxx Xxxx Street Reform and Consumer Protection Act and Basel III on terms to be mutually agreed), (b) indemnifying the Lenders for “breakage costs” incurred in connection with, among other things, any prepayment of a Eurodollar Loan (as defined in Annex I hereto) on a day other than the last day of an interest period with respect thereto (other than lost profits) and (c) providing the Lenders with a customary tax gross up.
Yield Protection means any Lender's reasonable increased costs for taxes, reserves, breakage costs, changes in capital requirements and certain reasonable expenses imposed on such Lender (which may be due to regulatory or accounting changes, including FASB Interpretation No. 46: Consolidation of Variable Interest Entities) as provided in the Sections 2.02(d), 2.15 and 11.08(b) hereof.