Common use of Indemnification Upon Failure to Pay Eurodollar Loan Clause in Contracts

Indemnification Upon Failure to Pay Eurodollar Loan. If an --------------------------------------------------- Obligor makes any payment of principal with respect to any Eurodollar Loan on a day other than the last day of the then current Interest Period applicable to such Loan (including without limitation any payment upon reduction of the Commitments) or fails to borrow, prepay, continue or convert its Eurodollar Loan on a date designated to Administrative Agent in a notice pursuant to this Agreement (if such failure does not result from the application of Sections 4.1 or 4.2), such Obligor shall reimburse each Bank within fifteen (15) days after receipt of written demand for any loss incurred by it as a result of the timing of such payment or non-borrowing not reflected in the Eurodollar Rate, including without limitation any loss incurred in liquidating or employing deposits from third parties (but not loss of profit) for the period after such payment or non-borrowing. A certificate of such Bank setting forth the amounts reasonably necessary so to reimburse it in respect of any loss shall be conclusive and binding absent manifest error.

Indemnification Upon Failure to Pay Eurodollar Loan. If an Borrower --------------------------------------------------- Obligor makes any payment of principal with respect to any Eurodollar Loan on a day other than the last day of the then current Interest Period applicable to such Loan (including without limitation any payment upon reduction of the Commitments) or fails to borrow, prepaycontinue, continue convert, pay or convert prepay its Eurodollar Loan on a date designated to Administrative Agent in a notice pursuant to this Agreement (if such failure does not result from the application of Sections 4.1 or 4.2), such Obligor Borrower shall reimburse each Bank within fifteen (15) 15 days after receipt of written demand for any loss incurred by it as a result of the timing of such payment or non-borrowing not reflected in the Eurodollar Rate, including without limitation any loss incurred in liquidating or employing deposits from third parties (but not and loss of profit) profit for the period after such payment or non-borrowing. A certificate of such Bank setting forth the amounts reasonably necessary so to reimburse it in respect of any loss shall be conclusive and binding absent manifest error.

Indemnification Upon Failure to Pay Eurodollar Loan. If an --------------------------------------------------- Obligor makes any payment of principal with respect to any Eurodollar Loan on a day other than the last day of the then current Interest Period applicable to such Loan (including without limitation any payment upon reduction of the Commitments) or fails to borrow, prepay, continue or convert its Eurodollar Loan on a date designated to Administrative Agent in a notice pursuant to this Agreement (if such failure does not result from the application of Sections 4.1 or 4.2), such Obligor shall reimburse each Bank within fifteen (15) days after receipt of written demand for any loss incurred by it as a result of the timing of such payment or non-borrowing not reflected in the Eurodollar Rate, including without limitation any loss incurred in liquidating or employing deposits from third parties (but not loss of profit) for the period after such payment or non-non- borrowing. A certificate of such Bank setting forth the amounts reasonably necessary so to reimburse it in respect of any loss shall be conclusive and binding absent manifest error.

Indemnification Upon Failure to Pay Eurodollar Loan. If an Borrower makes --------------------------------------------------- Obligor makes any payment of principal with respect to any Eurodollar Loan on a day other than the last day of the then current Interest Period applicable to such Loan (including without limitation any payment upon reduction of the Commitments) or fails to borrow, prepaycontinue, continue convert, pay or convert prepay its Eurodollar Loan on a date designated to Administrative Agent in a notice pursuant to this Agreement (if such failure does not result from the application of Sections 4.1 or 4.2), such Obligor Borrower shall reimburse each Bank within fifteen (15) 15 days after receipt of written demand for any loss incurred by it as a result of the timing of such payment or non-borrowing not reflected in the Eurodollar Rate, including without limitation any loss incurred in liquidating or employing deposits from third parties (but not and loss of profit) profit for the period after such payment or non-borrowing. A certificate of such Bank setting forth the amounts reasonably necessary so to reimburse it in respect of any loss shall be conclusive and binding absent manifest error.