Common use of INTEREST REPRICING Clause in Contracts

INTEREST REPRICING. The Borrower acknowledges that interest rates available on the date hereof in Sections 5(A) and 5(C) above (the “Available Rates”), may not represent the true cost of funds incurred by Lender in connection with making this Commitment available to Borrower. In recognition of the foregoing the Agent shall, on the third and sixth anniveraries of the date hereof (“Reset Date”), increase or decrease the Available Rates applicable to this Commitment by the basis points difference between the Current Cost of Funds and the Closing Date Cost of Funds, which increase or decrease shall remain in effect until the Reset Date or Term Expiration Date. As used herein:

INTEREST REPRICING. The Borrower acknowledges that interest rates available on the date hereof in Sections 5(A) and 5(C) above (the “"Available Rates”"), may not represent the true cost of funds incurred by Lender in connection with making this Commitment available to Borrower. In recognition of the foregoing the Agent shall, on the third and sixth anniveraries of the date hereof (“"Reset Date”"), increase or decrease the Available Rates applicable to this Commitment by the basis points difference between the Current Cost of Funds and the Closing Date Cost of Funds, which increase or decrease shall remain in effect until the Reset Date or Term Expiration Date. As used herein:

INTEREST REPRICING. The Borrower acknowledges that interest rates available on the date hereof in Sections 5(A) and 5(C) above (the “Available Rates”), may not represent the true cost of funds incurred by Lender in connection with making this Commitment available to Borrower. In recognition of the foregoing the Agent (as that term is defined in the MLA) shall, on the third and sixth anniveraries anniversary of the date hereof (“Reset Date”), increase or decrease the Available Rates applicable to this Commitment by the basis points difference between the Current Cost of Funds and the Closing Date Cost of Funds, which increase or decrease shall remain in effect until the Reset Date or Term Expiration Date. As used herein: