Common use of Increased Costs Generally Clause in Contracts

Increased Costs Generally. If any Change in Law shall: (i) impose, modify or deem applicable any reserve, special deposit, compulsory loan, insurance charge or similar requirement against assets of, deposits with or for the account of, or advances, loans or other credit extended or participated in by, any Lender (except any reserve requirement reflected in Adjusted LIBOR), (ii) subject any Recipient to any Taxes (other than (A) Indemnified Taxes and (B) Taxes described in clauses (b) through (d) of the definition of Excluded Taxes and (C) Connection Income Taxes) on its loans, loan principal, commitment, or other obligations, or its deposits, reserves, other liabilities or capital attributable thereto, or (iii) impose on any Lender any other condition, cost or expense (other than Taxes) affecting this Credit Agreement or Loans made by any Lender, and the result of any of the foregoing shall be to increase the cost to such Lender or other Recipient of making, converting to, continuing or maintaining any Loan (or of maintaining its obligation to make any such Loan), or to reduce the amount of any sum received or receivable by such Lender or other Recipient hereunder (whether of principal, interest or any other amount) then, upon written request of such Lender or other Recipient, Borrowers shall, on or before the Required Payment Time after such request, pay to any such Lender or other Recipient, as the case may be, such additional amount or amounts as will compensate such Lender or other Recipient, as the case may be, for such additional costs incurred or reduction suffered.

Appears in 2 contracts

Samples: Revolving Credit and Security Agreement (Golub Capital BDC 3, Inc.), Revolving Credit and Security Agreement (Golub Capital BDC 3, Inc.)

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Increased Costs Generally. If any Change in Law shall: (i) impose, modify or deem applicable any reserve, special deposit, compulsory loan, insurance charge or similar requirement against assets of, deposits with or for the account of, or advances, loans or other credit extended or participated in by, any Lender (except any reserve requirement reflected in Adjusted LIBORcontemplated by Section 3.04(e), ); (ii) subject any Recipient to any Taxes (other than (A) Indemnified Taxes and Taxes, (B) Taxes described in clauses (b) through (d) of the definition of Excluded Taxes and (C) Connection Income Taxes) on its loans, loan principal, commitmentletters of credit, commitments, or other obligations, or its deposits, reserves, other liabilities or capital attributable thereto, ; or (iii) impose on any Lender or the London interbank market any other condition, cost or expense (other than Taxes) affecting this Credit Agreement or Eurodollar Rate Loans made by any such Lender, ; and the result of any of the foregoing shall be to increase the cost to such Lender or other Recipient of making, converting to, continuing or maintaining any Loan (or of maintaining its obligation to make any such Loan), or to increase the cost to such Lender, or to reduce the amount of any sum received or receivable by such Lender or other Recipient hereunder (whether of principal, interest or any other amount) then, upon written request of such Lender or other RecipientLender, Borrowers shall, on or before the Required Payment Time after such request, applicable Borrower will pay to any such Lender or other Recipient, as the case may be, such additional amount or amounts as will compensate such Lender or other Recipient, as the case may be, for such additional costs incurred or reduction suffered.. (b)

Appears in 2 contracts

Samples: Credit Agreement (Raymond James Financial Inc), Credit Agreement (Raymond James Financial Inc)

Increased Costs Generally. If any Change in Law shall: shall (i) impose, modify or deem applicable any reserve, special deposit, compulsory loan, insurance charge or similar requirement against assets of, deposits with or for the account of, or advances, loans or other credit extended or participated in by, any Lender (except any reserve requirement reflected in Adjusted LIBOR), Lender; (ii) subject to the Administrative Agent or any Recipient Lender to any Taxes (other than (A) Indemnified Taxes and Taxes, (B) Taxes described in clauses (b) through (de) of the definition of Excluded Taxes and (C) Connection Income Taxes) on its loans, loan principal, commitment, or other obligations, or its deposits, reserves, other liabilities or capital attributable thereto, with respect to any Loan Document or (iii) impose on any Lender or any other condition, cost or expense (other than Taxes) affecting this Credit Agreement or Loans made by any Lendersuch Lender or participation therein, and the result of any of the foregoing shall be to increase the cost to such Lender or such other Recipient of making, converting to, continuing making or maintaining any Loan (or of maintaining its obligation to make any such Loan), or to reduce the amount of any sum received or receivable by such Lender or such other Recipient hereunder (whether of principal, interest or any other amount) otherwise), then, upon written request of such Lender or such other Recipient, Borrowers shall, on or before the Required Payment Time after such request, applicable Borrower will pay to any such Lender or such other Recipient, as the case may be, such additional amount or amounts as will compensate such Lender or such other Recipient, as the case may be, for such additional costs incurred or reduction suffered.. (b)

Appears in 1 contract

Samples: Term Credit Agreement (Designer Brands Inc.)

Increased Costs Generally. If any Change in Law shall: (i) impose, modify or deem applicable any reserve, special deposit, compulsory loan, insurance charge deposit or similar requirement against assets of, deposits with or for the account of, or advances, loans or other credit extended or participated in by, any Lender (except any such reserve requirement reflected in the Adjusted LIBOREurocurrency Rate), (ii) ; or subject any Recipient Lender to any Taxes tax of any kind whatsoever with respect to this Agreement, any Letter of Credit, any participation in a Letter of Credit or any Eurocurrency Loan made by it, or change the basis of taxation of payments to such Lender in respect thereof (other than (A) except for Indemnified Taxes and (B) Taxes described in clauses (b) through (d) of the definition of Excluded Taxes and (C) Connection Income Taxes) on its loans, loan principal, commitment, ); or other obligations, or its deposits, reserves, other liabilities or capital attributable thereto, or (iii) impose on any Lender or the London interbank market any other condition, cost or expense (other than Taxes) condition affecting this Agreement, any Letter of Credit Agreement or Loans made any Eurocurrency Loan made, issued or participated in, as the case may be, by any such Lender, ; and the result of any of the foregoing shall be to increase the cost to such Lender or other Recipient Lenders of making, converting to, continuing making or maintaining any Eurocurrency Loan (or, in the case of (ii), any Loans) (or of maintaining its obligation to make any such Loan), or issuing or participating in any Letter of Credit or to reduce the amount of any sum received or receivable by such Lender or other Recipient hereunder (whether of principal, interest or any other amount) thenotherwise), upon written request of then the applicable Borrower will pay to such Lender or other Recipient, Borrowers shall, on or before the Required Payment Time after such request, pay to any such Lender or other Recipient, as the case may be, such additional amount or amounts as will compensate such Lender or other Recipient, as the case may be, for such additional costs incurred or reduction suffered.

Appears in 1 contract

Samples: Credit Agreement (Corelogic, Inc.)

Increased Costs Generally. If any Change in Law shall: shall (i) impose, modify or deem applicable any reserve, special deposit, compulsory loan, insurance charge or similar requirement against assets of, deposits with or for the account of, or advances, loans or other credit extended or participated in by, any Lender (except any reserve requirement reflected in Adjusted LIBOR), Lender; (ii) subject to the Administrative Agent or any Recipient Lender to any Taxes (other than (A) Indemnified Taxes and Taxes, (B) Taxes described in clauses (b) through (de) of the definition of Excluded Taxes and (C) Connection Income Taxes) on its loans, loan principal, commitment, or other obligations, or its deposits, reserves, other liabilities or capital attributable thereto, with respect to any Loan Document or (iii) impose on any Lender or any other condition, cost or expense (other than Taxes) affecting this Credit Agreement or Loans made by any Lendersuch Lender or participation therein, and the result of any of the foregoing shall be to increase the cost to such Lender or such other Recipient of making, converting to, continuing making or maintaining any Loan (or of maintaining its obligation to make any such Loan), or to reduce the amount of any sum received or receivable by such Lender or such other Recipient hereunder (whether of principal, interest or any other amount) otherwise), then, upon written request of such Lender or such other Recipient, Borrowers shall, on or before the Required Payment Time after such request, applicable Borrower will pay to any such Lender or such other Recipient, as the case may be, such additional amount or amounts as will compensate such Lender or such other Recipient, as the case may be, for such additional costs incurred or reduction suffered.

Appears in 1 contract

Samples: Term Credit Agreement (Designer Brands Inc.)

Increased Costs Generally. If any Change in Law shall: (i) impose, modify or deem applicable any reserve, special deposit, compulsory loan, insurance charge or similar requirement against assets of, deposits with or for the account of, or advances, loans or other credit extended or participated in by, any Lender (except any reserve requirement reflected in Adjusted LIBORthe Eurodollar Base Rate), ; (ii) subject any Recipient Lender to any Taxes tax of any kind whatsoever with respect to this Agreement or any Eurodollar Rate Loans made by it, or change the basis of taxation of payments to such Lender in respect thereof (other than (A) except for Indemnified Taxes or Other Taxes covered by subsection 2.7E and (B) Taxes described changes in clauses (b) through (d) the rate of the definition of any Excluded Taxes and (C) Connection Income Taxes) on its loans, loan principal, commitment, or other obligations, or its deposits, reserves, other liabilities or capital attributable thereto, Tax payable by such Lender); or (iii) impose on any Lender or the London interbank market any other condition, cost or expense (other than Taxes) affecting this Credit Agreement or Eurodollar Rate Loans hereunder made by any such Lender, ; and the result of any of the foregoing shall be to increase the cost to such Lender or other Recipient of making, converting to, continuing making or maintaining any Eurodollar Rate Loan (or of maintaining its obligation obligations to make any such Term Loan)) or to increase the cost to such Lender, or to reduce the amount of any sum received or receivable by such Lender or other Recipient hereunder (whether of principal, interest or any other amount) then), then upon written request of such Lender or other Recipient, Borrowers shall, on or before the Required Payment Time after such request, Company will pay to any such Lender or other Recipient, as the case may be, such additional amount or amounts as will compensate such Lender or other Recipient, as the case may be, for such additional costs incurred or reduction suffered.

Appears in 1 contract

Samples: Assignment Agreement (Transportation Technologies Industries Inc)

Increased Costs Generally. If any Change in Law shall: (i) impose, modify or deem applicable any reserve, special deposit, compulsory loan, insurance charge or similar requirement against assets of, deposits with or for the account of, or advances, loans or other credit extended or participated in by, any Lender (except any reserve requirement reflected in Adjusted LIBOR), Lender; (ii) subject any Recipient to any Taxes (other than (A) Indemnified Taxes and Taxes, (B) Taxes described in clauses (b) through (d) of the definition of Excluded Taxes and (C) Connection Income Taxes) on its loans, loan principal, commitmentletters of credit, commitments, or other obligations, or its deposits, reserves, other liabilities or capital attributable thereto, ; or (iii) impose on any Lender or any applicable interbank market any other condition, cost or expense (other than Taxes) affecting this Credit Agreement or Term SOFR Loans, Daily Floating Term SOFR Loans, or Alternative Currency Loans made by any such Lender, ; and the result of any of the foregoing shall be to increase the cost to such Lender or other Recipient of making, converting to, continuing or maintaining any Loan (or of maintaining its obligation to make any such Loan), or to increase the cost to such Lender, or to reduce the amount of any sum received or receivable by such Lender or other Recipient hereunder (whether of principal, interest or any other amount) then, upon written request of such Lender or other RecipientLender, Borrowers shall, on or before the Required Payment Time after such request, applicable Borrower will pay to any such Lender or other Recipient, as the case may be, such additional amount or amounts as will compensate such Lender or other Recipient, as the case may be, for such additional costs incurred or reduction suffered.. (b)

Appears in 1 contract

Samples: Credit Agreement (Raymond James Financial Inc)

Increased Costs Generally. If any Change in Law shall: (i) impose, modify or deem applicable any reserve, special deposit, compulsory loan, insurance charge or similar requirement against assets of, deposits with or for the account of, or advances, loans or other credit extended or participated in by, any Lender (except any reserve requirement reflected in Adjusted LIBOR), Lender; or (ii) subject any Recipient to any Taxes (other than (A) Indemnified Taxes and Taxes, (B) Taxes described in clauses (b) through (d) of the definition of Excluded Taxes and (C) Connection Income Taxes) on its loans, loan principal, commitmentletters of credit, commitments, or other obligations, or its deposits, reserves, other liabilities or capital attributable thereto, or (iii) impose on any Lender any other condition, cost or expense (other than Taxes) affecting this Credit Agreement or Loans made by any Lender, ; and the result of any of the foregoing shall be to increase the cost to such Lender or other Recipient of making, converting to, continuing making or maintaining any Loan (Loan, or of maintaining its obligation to make any such Loan), or to reduce the amount of any sum received or receivable by such Lender or other Recipient hereunder (whether of principal, interest or any other amount) then, upon written request of such Lender or other RecipientLender, Borrowers shall, on or before the Required Payment Time after such request, Borrower will pay to any such Lender or other Recipient, as the case may beLender, such additional amount or amounts as will compensate such Lender or other Recipient, as the case may be, for such additional costs incurred or reduction suffered.. (b)

Appears in 1 contract

Samples: Credit Agreement (Advanced Emissions Solutions, Inc.)

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Increased Costs Generally. If any Change in Law shall: (i) impose, modify or deem applicable any reserve, special deposit, compulsory loan, insurance charge or similar requirement against assets of, deposits with or for the account of, or advances, loans or other credit extended or participated in by, any Lender (except any such reserve requirement reflected in the Adjusted LIBOR), LIBO Rate) or the Issuing Bank; (ii) subject any Recipient Lender to any Taxes (other than (A) Indemnified Covered Taxes and (B) Taxes described in clauses (b) through (d) of the definition of Excluded Taxes and (C) Connection Income Taxes) on its loans, loan principal, commitmentletters of credit, commitments, or other obligations, or its deposits, reserves, other liabilities or capital attributable thereto, ; or (iii) impose on any Lender or the Issuing Bank or the London interbank market any other condition, cost or expense (other than Taxes) affecting this Credit Agreement or Eurocurrency Loans made by such Lender or any Lender, Letter of Credit or participation therein; and the result of any of the foregoing shall be to increase the cost to such Lender or other Recipient Lenders of making, converting to, continuing making or maintaining any Eurocurrency Loan (or of maintaining its obligation to make any such Loan)) or to increase the cost to such Lender or the Issuing Bank of participating in, issuing or maintaining any Letter of Credit or to reduce the amount of any sum received or receivable by such Lender or other Recipient the Issuing Bank hereunder (whether of principal, interest or any other amount) otherwise), then, upon written the request of such Lender or other RecipientIssuing Bank, Borrowers shall, on or before the Required Payment Time after such request, Borrower will pay to any such Lender or other Recipientthe Issuing Bank, as the case may be, in Dollars, such additional amount or amounts as will compensate such Lender or other Recipientthe Issuing Bank, as the case may be, for such additional costs incurred or reduction suffered.. (b)

Appears in 1 contract

Samples: Credit Agreement (Oaktree Specialty Lending Corp)

Increased Costs Generally. If any Change in Law shall: (i) impose, modify or deem applicable any reserve, special deposit, compulsory loan, insurance charge or similar requirement against assets of, deposits with or for the account of, or advances, loans or other credit extended or participated in by, any Lender (except any reserve requirement reflected in Adjusted LIBORthe Eurodollar Rate Reserve Percentage), ; (ii) subject any Recipient to any Taxes (other than (A) Indemnified Taxes and Taxes, (B) Taxes described in clauses (bii) through (div) of the definition of Excluded Taxes and (C) Connection Income Taxes) on its loans, loan principal, commitmentletters of credit, commitments, or other obligations, or its deposits, reserves, other liabilities or capital attributable thereto, ; or (iii) impose on any Lender or the London interbank market any other condition, cost or expense (other than Taxes) affecting this Credit Agreement or Loans Advances made by any Lender, such Lender or participation therein; and the result of any of the foregoing shall be to increase the cost to such Lender or such other Recipient of making, converting to, continuing or maintaining any Loan (Advance or of maintaining its obligation to make any such Loan)Advance, or to reduce the amount of any sum received or receivable by such Lender or other Recipient hereunder (whether of principal, interest or any other amount) then, upon written request of such Lender or other Recipient, Borrowers shall, on or before the Required Payment Time after such request, Borrower will pay to any such Lender or other Recipient, as the case may be, such additional amount or amounts as will compensate such Lender or other Recipient, as the case may be, for such additional costs incurred or reduction suffered.. AmericasActive:16835968.116835968.6

Appears in 1 contract

Samples: Credit Agreement (Ohio Power Co)

Increased Costs Generally. If any Change in Law shall: (i) impose, modify or deem applicable any reserve, special deposit, compulsory loan, insurance charge or similar requirement against assets of, deposits with or for the account of, or advances, loans or other credit extended or participated in by, any Lender (except any reserve requirement reflected in Adjusted LIBORcontemplated by Section 3.04(e), ); (ii) subject any Recipient to any Taxes (other than (A) Indemnified Taxes and Taxes, (B) Taxes described in clauses (b) through (d) of the definition of Excluded Taxes and (C) Connection Income Taxes) on its loans, loan principal, commitmentletters of credit, commitments, or other obligations, or its deposits, reserves, other liabilities or capital attributable thereto, ; or (iii) impose on any Lender or the London interbank market any other condition, cost or expense (other than Taxes) affecting this Credit Agreement or Eurocurrency Rate Loans made by any such Lender, ; and the result of any of the foregoing shall be to increase the cost to such Lender or other Recipient of making, converting to, continuing making or maintaining any Loan (or of maintaining its obligation to make any such Loan), or to reduce the amount of any sum received or receivable by such Lender or other Recipient hereunder (whether of principal, interest or any other amount) then, upon written request of such Lender or other RecipientLender, Borrowers shall, on or before the Required Payment Time after such request, Borrower will pay to any such Lender or other RecipientLender, as the case may be, such additional amount or amounts as will compensate such Lender or other RecipientLender, as the case may be, for such additional costs incurred or reduction suffered.. (b)

Appears in 1 contract

Samples: Version Term Loan Credit Agreement (Tech Data Corp)

Increased Costs Generally. If any Change in Law shall: (i) impose, modify Modify or deem applicable any reserve, special deposit, compulsory loan, insurance charge or similar requirement against assets of, deposits with or for the account of, or advances, loans or other credit extended or participated in by, any Lender (except any reserve requirement reflected in Adjusted LIBOR), Lender; or (ii) subject any Recipient to any Taxes (other than (A) Indemnified Taxes and (B) Taxes described in clauses (b) through (d) of the definition of Excluded Taxes and (C) Connection Income Taxes) on its loans, loan principal, commitment, or other obligations, or its deposits, reserves, other liabilities or capital attributable thereto, or (iii) impose on any Lender or the London interbank market any other condition, cost or expense affecting this Agreement or Base Rate Loans hereunder made by such Lender (other than TaxesIndemnified Taxes or Other Taxes covered by Section 2.10E and the imposition of, or any change in the rate of, any Excluded Tax payable by such Lender) affecting this Credit Agreement or Loans made by any Lender, and the result of any of the foregoing set forth in subclauses (i) or (ii) shall be to increase the cost to such Lender or other Recipient of making, converting to, continuing making or maintaining any Loan (or of maintaining its obligation obligations to make any such Loan)) or to increase the cost to such Lender, or to reduce the amount of any sum received or receivable by such Lender or other Recipient hereunder (whether of principal, interest or any other amount) then), then upon written request of such Lender or other RecipientLender, Borrowers shall, on or before the Required Payment Time after such request, Borrower will pay to any such Lender or other Recipient, as the case may be, such additional amount or amounts as will compensate such Lender or other Recipient, as the case may be, for such additional costs incurred or reduction suffered.

Appears in 1 contract

Samples: Credit Agreement (Behringer Harvard Opportunity REIT I, Inc.)

Increased Costs Generally. If any Change in Law shall: (ia) impose, modify or deem applicable any reserve, special deposit, compulsory loan, insurance charge or similar requirement against assets of, deposits with or for the account of, or advances, loans or other credit extended or participated in by, any Lender, including LIBORTerm SOFR funds or deposits; (b) subject any Lender to any Tax of any kind whatsoever with respect to this Agreement or any Accommodations made by it, or change the basis of taxation of payments to such Lender in respect thereof, except for (except any reserve requirement reflected in Adjusted LIBOR), i) Indemnified Taxes or Other Taxes covered by Section 8.02 and (ii) subject any Recipient to any Taxes (other than (A) Indemnified Taxes and (B) Taxes described in clauses (b) through (d) of the definition of Excluded Taxes and (C) Connection Income Taxes) on its loans, loan principal, commitmentimposition, or other obligationsany change in the rate, or its deposits, reserves, other liabilities or capital attributable thereto, of any Excluded Tax payable by such Lender; or (iiic) impose on any Lender or the London applicable interbank market any other condition, cost or expense (other than Taxes) affecting this Credit Agreement or Loans Accommodations made by any such Lender, ; and the result of any of the foregoing shall be to increase the cost to such Lender or other Recipient of making, converting to, continuing or maintaining any Loan Accommodation (or of maintaining its obligation to make any such LoanAccommodation), or to increase the cost to such Lender, or to reduce the amount of any sum received or receivable by such Lender or other Recipient hereunder (whether of principal, interest or any other amount) then), then upon written request of such Lender or other RecipientLender, Borrowers shall, on or before the Required Payment Time after such request, Borrower will pay to any such Lender or other Recipient, as the case may be, such additional amount or amounts as will compensate such Lender or other Recipient, as the case may be, for such additional costs incurred or reduction suffered.. (2)

Appears in 1 contract

Samples: Credit Agreement (Open Text Corp)

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