Common use of Increased Capital or Costs and Reduced Return Clause in Contracts

Increased Capital or Costs and Reduced Return. (a) If, due to either (i) the introduction of or any change (other than any change by way of imposition or increase of reserve requirements included in the Eurodollar Rate Reserve Percentage) in or in the interpretation of any law or regulation; or (ii) the compliance with any guideline or request from any central bank or other Governmental Authority (whether or not having the force of law), there shall be any increase in the cost to any Lender of agreeing to make or making, funding or maintaining Eurodollar Rate Advances, by an amount deemed by such Lender to be material, then the Borrower shall, from time to time, promptly following demand by such Lender (with a copy of such demand to the Agent), pay to the Agent, for the account of such Lender, such additional amount or amounts as will compensate such Lender for such increased cost.

Appears in 3 contracts

Samples: Credit Agreement (Vicorp Restaurants Inc), Credit Agreement (Vicorp Restaurants Inc), Credit Agreement (Vicorp Restaurants Inc)

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Increased Capital or Costs and Reduced Return. (a) If, due to either (i) the introduction of or any change (other than any change by way of imposition or increase of reserve requirements included in the Eurodollar Rate Reserve Percentage) in or in the interpretation of any law or regulation; or (ii) the compliance with any guideline or request from any central bank or other Governmental Authority (whether or not having the force of law), there shall be any increase in the cost to any the Lender of agreeing to make or making, funding or maintaining Eurodollar Rate Advances, by an amount deemed by such the Lender to be material, then the Borrower shall, from time to time, promptly following demand by such Lender (with a copy of such demand to the Agent)Lender, pay to the Agent, for the account of such Lender, Lender such additional amount or amounts as will compensate such the Lender for such increased cost.

Appears in 1 contract

Samples: Credit Agreement (Vicorp Restaurants Inc)

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