Common use of MANDATORY COST FORMULAE Clause in Contracts

MANDATORY COST FORMULAE. 1. The Mandatory Cost is an addition to the interest rate to compensate Lenders for the cost of compliance with (a) the requirements of the Bank of England and/or the Financial Services Authority (or, in either case, any other authority which replaces all or any of its functions) or (b) the requirements of the European Central Bank.

Appears in 31 contracts

Samples: Facilities Agreement (Shire Ltd.), Facilities Agreement (Borse Dubai LTD), Amending Agreement (Sappi LTD)

AutoNDA by SimpleDocs

MANDATORY COST FORMULAE. 1. The Mandatory Cost is an addition to the interest rate to compensate the Lenders for the cost of compliance with (a) the requirements of the Bank of England and/or the Financial Services Authority (or, in either case, any other authority which replaces all or any of its functions) or (b) the requirements of the European Central Bank.

Appears in 6 contracts

Samples: Credit Agreement (Teva Pharmaceutical Industries LTD), Bridge Loan Agreement (Teva Pharmaceutical Industries LTD), Credit Agreement (Teva Pharmaceutical Industries LTD)

MANDATORY COST FORMULAE. 1. The Mandatory Cost is an addition to the interest rate to compensate Lenders for the cost of compliance with (a) the requirements of the Bank of England and/or the United Kingdom Financial Services Authority (or, in either case, any other authority which replaces all or any of its functions) or (b) the requirements of the European Central Bank.

Appears in 2 contracts

Samples: Credit Agreement (Ciber Inc), Credit Agreement (Pregis Holding II CORP)

MANDATORY COST FORMULAE. 1. 1 The Mandatory Cost is an addition to the interest rate to compensate Lenders for the cost of compliance with (a) the requirements of the Bank of England and/or the Financial Services Authority (or, in either case, any other authority which replaces all or any of its functions) or (b) the requirements of the European Central Bank.

Appears in 2 contracts

Samples: Facility Agreement (Gulfmark Offshore Inc), Facility Agreement (Ardmore Shipping Corp)

MANDATORY COST FORMULAE. 1. The Mandatory Cost is an addition to the interest rate to compensate Lenders the Lender for the cost of compliance with (a) the requirements of the Bank of England and/or the Financial Services Authority (or, in either case, any other authority which replaces all or any of its functions) or (b) the requirements of the European Central Bank.

Appears in 1 contract

Samples: Incorporated Agreement (Jacobs Engineering Group Inc /De/)

MANDATORY COST FORMULAE. 1. 1 The Mandatory Cost is an addition to the interest rate to compensate Lenders for the cost of compliance with (a) the requirements of the Bank of England and/or the Financial Services Authority (or, in either case, any other authority which replaces all or any of its functions) or (b) the requirements of the European Central BankBank or any other authority which replaces all or any of its functions.

Appears in 1 contract

Samples: Term Facility Agreement (Luxottica Group Spa)

MANDATORY COST FORMULAE. 1. The Mandatory Cost is an addition to the interest rate to compensate Lenders for the cost of compliance with (a) the requirements of the Bank of England and/or the Financial Services Authority (or, in either case, any other authority which replaces all or any of its functions) or (b) the requirements of the European Central BankBank or (c) the requirements of the Swiss National Bank and/or FINMA.

Appears in 1 contract

Samples: Revolving Facility Agreement (Innospec Inc.)

MANDATORY COST FORMULAE. 1. The Mandatory Cost is an addition to the interest rate to compensate Lenders for the cost of compliance with (a) the requirements of the Bank of England and/or the Financial Services Authority (or, in either case, any other authority which replaces all or any of its functions) ), or (b) the requirements of the European Central Bank.

Appears in 1 contract

Samples: Credit Facility Agreement (Sap Ag)

AutoNDA by SimpleDocs

MANDATORY COST FORMULAE. 1. The Mandatory Cost is an addition to the interest rate to compensate Lenders Banks for the cost of compliance with (a) the requirements of the Bank of England and/or the Financial Services Authority (or, in either case, any other authority which replaces all or any of its functions) or (b) the requirements of the European Central Bank.

Appears in 1 contract

Samples: Multicurrency Revolving Credit and Guarantee (Subsea 7 S.A.)

MANDATORY COST FORMULAE. 1. The Mandatory Cost is an addition to the interest rate in relation to compensate Lenders for the cost of compliance with (a) the requirements of the Bank of England and/or the Financial Services Authority (or, in either case, any other authority which replaces all or any of its functions) or (b) the requirements of the European Central Bank.

Appears in 1 contract

Samples: Bridge Facility Agreement (Nordic Telephone CO ApS)

MANDATORY COST FORMULAE. 1. The Mandatory Cost is an addition to the interest rate to compensate Lenders for the cost of compliance with (a) the requirements of the Bank of England and/or the Financial Services Conduct Authority (or, in either case, “FCA”) and the Prudential Regulation Authority (“PRA”) (or any other authority which replaces all or any of its functions) or (b) the requirements of the European Central Bank.

Appears in 1 contract

Samples: Agreement (Fx Energy Inc)

MANDATORY COST FORMULAE. 1. The Mandatory Cost is an addition to the interest rate to compensate Lenders for the cost of compliance with (a) the requirements of the Bank of England and/or the Financial Services Authority (or, in either case, any other authority which replaces all or any of its their functions) or (b) the requirements of the European Central Bank.

Appears in 1 contract

Samples: Mercer International Inc.

MANDATORY COST FORMULAE. 1. The Mandatory Cost is an addition to the interest rate to compensate UK Tranche Lenders for the cost of compliance with (a) the requirements of the Bank of England and/or the Financial Services Authority (or, in either case, any other authority which replaces all or any of its functions) or (b) the requirements of the European Central Bank.

Appears in 1 contract

Samples: Credit Agreement (Yrc Worldwide Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.