Common use of Compensation for Funding Losses Clause in Contracts

Compensation for Funding Losses. The Borrower shall pay to any Lender, upon demand by such Lender, such amount or amounts as such Lender determines is or are necessary to compensate it for any loss, cost, expense or liabilities incurred (including any loss, cost, expense or liability incurred by reason of the liquidation or redeployment of deposits but excluding loss of future margin) by it as a result of (a) any payment, prepayment or conversion of any LIBOR Rate Loan for any reason (including by reason of a Mandatory Prepayment, an acceleration pursuant to Section 7.2. or by operation of Section 2.11.) on a date other than the last day of an Interest Period applicable to such LIBOR Rate Loan, or (b) any LIBOR Rate Loan for any reason not being made (other than a wrongful failure to fund by such Lender), converted or continued, or any payment of principal of or interest thereon not being made, on the date therefor determined in accordance with the applicable provisions of this Agreement.

Compensation for Funding Losses. The Borrower shall pay to any ------------------------------- Lender, upon demand by such Lender, such amount or amounts as such Lender reasonably determines is or are necessary to compensate it for any loss, cost, expense or liabilities incurred (including any loss, cost, expense or liability incurred by reason of the liquidation or redeployment of deposits but excluding loss of future margin) by it as a result of (a) any payment, prepayment or conversion of any LIBOR Rate Loan for any reason (including by reason of a Mandatory Prepayment, an acceleration pursuant to Section 7.2. 7.2 or by operation of Section 2.11.2.12) on a date other than the last day of an Interest Period applicable to such LIBOR Rate Loan, or (b) any LIBOR Rate Loan for any reason not being made (other than a wrongful failure to fund by such Lender), converted or continued, or any payment of principal of or interest thereon not being made, on the date therefor determined in accordance with the applicable provisions of this Agreement.

Compensation for Funding Losses. The Borrower shall pay to any Lender, upon demand by such Lender, such amount or amounts as such Lender reasonably determines is or are necessary to compensate it for any loss, cost, expense or liabilities incurred (including any loss, cost, expense or liability incurred by reason of the liquidation or redeployment of deposits but excluding loss of future margin) by it as a result of (a) any payment, prepayment or conversion of any LIBOR Rate Loan for any reason (including by reason of a Mandatory Prepayment, an acceleration pursuant to Section 7.2. or by operation of Section 2.11.) on a date other than the last day of an Interest Period applicable to such LIBOR Rate Loan, or (b) any LIBOR Rate Loan for any reason not being made (other than a wrongful failure to fund by such Lender), converted or continued, or any payment of principal of or interest thereon not being made, on the date therefor determined in accordance with the applicable provisions of this Agreement.