Mandatory Cost. 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 5 contracts
Sources: Amendment and Restatement Agreement (Heidrick & Struggles International Inc), Credit Agreement (Heidrick & Struggles International Inc), Credit Agreement (Actuant Corp)
Mandatory Cost. 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, or any other authority which replaces all or any of its functions) or (b) the requirements of the European Central Bank.
Appears in 2 contracts
Sources: Loan Agreement (Exmar Energy Partners LP), Loan Agreement (Exmar Energy Partners LP)
Mandatory Cost. The Mandatory Cost is an addition to the interest rate to compensate Sterling 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. Each reference herein shall, at the option of the Fronting Lender, include the Fronting Lender.
Appears in 2 contracts
Sources: Credit Agreement (Sothebys), Credit Agreement (Sothebys)
Mandatory Cost. 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. Each reference herein shall, at the option of the Fronting Lender, include the Fronting Lender.
Appears in 1 contract
Sources: Credit Agreement (Sothebys)
Mandatory Cost. 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
Sources: Multicurrency Revolving Credit and Sterling Acceptance Facility Agreement (Mbna Corp)
Mandatory Cost. 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
Sources: Unsecured Term Credit Agreement (BioMed Realty L P)
Mandatory Cost. The Mandatory Cost (to the extent applicable) 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
Sources: Credit Agreement (Ebay Inc)
Mandatory Cost. 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
Mandatory Cost. The Mandatory Cost Rate (to the extent applicable) 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