Increased Costs and Taxes. (a) If any Regulatory Change:
Increased Costs and Taxes. Applicant shall pay Bank on demand increased costs or Bank’s reduction in yield from any new or changed reserve, capital, special deposit, tax, insurance or other requirement or guideline affecting the Bank’s or its parent’s contingent or absolute rights or obligations under or in connection with this Agreement or any Credit provided the Bank acts reasonably to avoid or minimize the increased costs or reduction in the yield and computes the same on a reasonable basis. Applicant agrees that all payments hereunder shall be made without withholding, deduction or set-off and shall be made free and clear of taxes other than federal and state income and franchise taxes imposed on the Bank. (E)
Increased Costs and Taxes. Relating to Letters of Credit 82
Increased Costs and Taxes. If due to any change in law, regulations, rules or orders that come into effect after the date of this Letter Loan Agreement or as a result of compliance with any guideline or requirement from any authority which is customary for the Bank to comply with, the Bank incur or will incur increased costs or a reduced return on capital in respect of any Facility, the Borrowers shall indemnify the Bank against such increased costs or reduced return. All payments in respect of any Facility shall be made free and clear of any present and future withholding or other taxes or other deductions.
Increased Costs and Taxes. 98 Section 11.4 Effect On Other Advances................................................. 100 ARTICLE 12 - Miscellaneous.................................................................. 100
Increased Costs and Taxes. 15- (l) Adjustments . . . . . . . . . . . . . . . . .-16- (m) Participations. . . . . . . . . . . . . . . .-16- 3. Letters of Credit. . . . . . . . . . . . . . . . .-16- (a) Issuance of Letters of Credit . . . . . . . .-16- (b) Payments Treated as Prime Rate Advances . . .-17-
Increased Costs and Taxes i. If at any time any applicable law or any interpretation or administration thereof by any governmental authority or interpretation by any Bank of any such law:
Increased Costs and Taxes. RELATING TO STANDBY LETTERS OF CREDIT.
Increased Costs and Taxes. 4.1 If the Aval Provider determines that the introduction or effectiveness of, or any change in, any law or regulation or compliance with any guideline or request (whether or not having the force of law) from any Governmental Authority which affects or would affect the amount of capital or reserves required or expected to be maintained by the Aval Provider, and the Aval Provider determines that the amount of such capital or reserves is increased by or based upon the existence of any Bank Guarantee then the Applicant shall pay to the Aval Provider promptly upon the Aval Provider’s written demand therefor, from time to time, additional amounts in Euros sufficient in the Aval Provider’s judgment to compensate for the increase. For the avoidance of doubt, the Aval Provider’s certificate as to amounts due hereunder shall be conclusive, in the absence of manifest error.
Increased Costs and Taxes. (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, in the case of Variable Rate Advances) 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 Lender of agreeing to make or making, funding or maintaining Variable Rate Advances, then the Borrower shall from time to time, upon demand by the Lender, pay to the Lender additional amounts sufficient to compensate such Lender for such increased cost. A certificate as to the amount of such increased cost, submitted to the Borrower by the Lender, shall be conclusive and binding for all purposes, absent manifest error.
