Common use of Effect of Regulatory Change Clause in Contracts

Effect of Regulatory Change. In the event of a Regulatory Change deemed by the Bank in good faith to be material, the Company shall pay to the Bank (within ten days after notice by the Bank to the Company of such Regulatory Change) such amounts as the Bank deems reasonably necessary to compensate the Bank for the increase in the cost of making or maintaining the Obligations or the reduction in the rate of return to the Bank on the Obligations resulting from the Regulatory Change.

Appears in 3 contracts

Samples: Credit Agreement (Oilgear Co), Credit Agreement (Oilgear Co), Credit Agreement (Oilgear Co)

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Effect of Regulatory Change. In the event of a Regulatory Change deemed by the any Bank in good faith to be material, the Company shall pay to the such Bank (within ten days after notice by the such Bank to the Company of such Regulatory Change such notice which shall include a reasonably detailed description of such Regulatory Change) such amounts as the such Bank deems reasonably necessary to compensate the such Bank for the increase in the cost of making or maintaining the Obligations or the reduction in the rate of return to the such Bank on the Obligations resulting from the Regulatory Change.

Appears in 1 contract

Samples: Revolving Credit Agreement (Speedfam International Inc)

Effect of Regulatory Change. In the event of a Regulatory Change deemed by the Bank Lender in good faith to be material, the Company shall pay to the Bank Lender (within ten (10) days after notice by the Bank Lender to the Company of such Regulatory Change) such amounts as the Bank Lender deems reasonably necessary to compensate the Bank Lender for the increase in the cost of making or maintaining the Obligations Revolving Loans or the reduction in the rate of return to the Bank Lender on the Obligations Revolving Loans resulting from the Regulatory Change.

Appears in 1 contract

Samples: Loan Agreement (TomoTherapy Inc)

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Effect of Regulatory Change. In the event of a Regulatory Change deemed by the Bank any Lender in good faith to be material, the Company shall pay to the Bank such Lender (within ten days after notice by the Bank Lender to the Company of such Regulatory Change) such amounts as the Bank deems are reasonably necessary to compensate the Bank Lender for the increase in the cost of making or maintaining obtaining the Obligations or the reduction in the rate of return to the Bank Lender on the Obligations resulting from the Regulatory Change.

Appears in 1 contract

Samples: Credit Agreement (United Community Banks Inc)

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