Common use of Regulation D Compensation Clause in Contracts

Regulation D Compensation. If and so long as a reserve requirement of the type described in the definition of "Eurodollar Rate Reserve Percentage" is prescribed by the Board of Governors of the Federal Reserve System (or any successor), each Lender subject to such requirement may require the Borrower to pay, contemporaneously with each payment of interest on each of such Lender's Eurodollar Rate Advances, additional interest on such Eurodollar Rate Advance at a rate per annum determined by such Lender up to but not exceeding the excess of (i) (A) the applicable Eurodollar Rate divided by (B) one minus the Eurodollar Rate Reserve Percentage over (ii) the applicable Eurodollar Rate. Any Lender wishing to require payment of such additional interest (x) shall so notify the Borrower and the Administrative Agent, in which case such additional interest on the Eurodollar Rate Advances of such Lender shall be payable to such Lender at the place indicated in such notice with respect to each Interest Period commencing at least three Business Days after such Lender gives such notice and (y) shall notify the Borrower at least five Business Days before each date on which interest is payable on the Eurodollar Rate Advances of the amount then due it under this Section.

Regulation D Compensation. If and so long as a reserve requirement of the type described in the definition of "Eurodollar Rate “Euro-Dollar Reserve Percentage" ” is prescribed by the Board of Governors of the Federal Reserve System (or any successor), each Lender subject to such requirement may require the Borrower to pay, contemporaneously with each payment of interest on each of such Lender's Eurodollar Rate Advances’s Euro-Dollar Loans, additional interest on such Eurodollar Rate Advance Euro-Dollar Loan at a rate per annum determined by such Lender up to but not exceeding the excess of (i) (A) the applicable Eurodollar London Interbank Offered Rate divided by (B) one minus the Eurodollar Rate Euro-Dollar Reserve Percentage over (ii) the applicable Eurodollar London Interbank Offered Rate. Any Lender wishing to require payment of such additional interest (x) shall so notify the Borrower and the Administrative Agent, in which case such additional interest on the Eurodollar Rate Advances Euro-Dollar Loans of such Lender to the Borrower shall be payable to such Lender at the place indicated in such notice with respect to each Interest Period commencing at least three Euro-Dollar Business Days after such Lender gives such notice and (y) shall notify the Borrower at least five Euro-Dollar Business Days before each date on which interest is payable on the Eurodollar Rate Advances Euro-Dollar Loans of the amount then due it under this Section.

Regulation D Compensation. If and so long as a reserve requirement of the type described in the definition of "Eurodollar Rate “Euro-Dollar Reserve Percentage" ” is prescribed by the Board of Governors of the Federal Reserve System (or any successor), each Lender Bank subject to such requirement may require the Borrower to pay, contemporaneously with each payment of interest on each of such Lender's Eurodollar Rate AdvancesBank’s Euro-Dollar Loans, additional interest on such Eurodollar Rate Advance Euro-Dollar Loan at a rate per annum determined by such Lender Bank up to but not exceeding the excess of (i) (A) the applicable Eurodollar London Interbank Offered Rate divided by (B) one minus the Eurodollar Rate Euro-Dollar Reserve Percentage over (ii) the applicable Eurodollar London Interbank Offered Rate. Any Lender Bank wishing to require payment of such additional interest (x) shall so notify the Borrower and the Administrative Agent, in which case such additional interest on the Eurodollar Rate Advances Euro-Dollar Loans of such Lender Bank to such Borrower shall be payable to such Lender Bank at the place indicated in such notice with respect to each Interest Period commencing at least three Euro-Dollar Business Days after such Lender Bank gives such notice and (y) shall notify the Borrower at least five Euro-Dollar Business Days before each date on which interest is payable on the Eurodollar Rate Advances Euro-Dollar Loans of the amount then due it under this Section.

Regulation D Compensation. If and so long as a reserve requirement of the type described in the definition of "Eurodollar Rate Euro-Dollar Reserve Percentage" is prescribed by the Board of Governors of the Federal Reserve System (or any successor), each Lender subject to such requirement may require the Borrower to pay, contemporaneously with each payment of interest on each of such Lender's Eurodollar Rate AdvancesEuro-Dollar Loans, additional interest on such Eurodollar Rate Advance Euro-Dollar Loan at a rate per annum determined by such Lender up to but not exceeding the excess of (i) (A) the applicable Eurodollar London Interbank Offered Rate divided by (B) one minus the Eurodollar Rate Euro-Dollar Reserve Percentage over (ii) the applicable Eurodollar London Interbank Offered Rate. Any Lender wishing to require payment of such additional interest (x) shall so notify the Borrower and the Administrative Agent, in which case such additional interest on the Eurodollar Rate Advances Euro-Dollar Loans of such Lender shall be payable to such Lender at the place indicated in such notice with respect to each Interest Period commencing at least three Euro-Dollar Business Days after such Lender gives such notice and (y) shall notify the Borrower at least five Euro-Dollar Business Days before each date on which interest is payable on the Eurodollar Rate Advances Euro-Dollar Loans of the amount then due it under this Section. It is understood that (x) no additional interest is payable under this Section in respect of Euro-Dollar Loans not paid when due and (y) amounts claimed by any Lender under this Section shall be based on an assumed level of reserves maintained by it which is consistent with such Lender's good faith estimate of the actual level at which the related reserves are required to be maintained by it over time.

Regulation D Compensation. If and so long as a reserve requirement of the type described in the definition of "“Eurodollar Rate Reserve Percentage" ” is prescribed by the Board of Governors of the Federal Reserve System (or any successor), each Lender subject to such requirement may require the Borrower to pay, contemporaneously with each payment of interest on each of such Lender's ’s Eurodollar Rate Advances, Loans additional interest on such Eurodollar Rate Advance Loan at a rate per annum determined by such Lender up to but not exceeding the excess of (ia) (Ai) the applicable Eurodollar Rate divided by (Bii) one minus the Eurodollar Rate Reserve Percentage over (iib) the applicable Eurodollar Rate. Any Lender wishing to require payment of such additional interest (x) shall so notify the Borrower and the Administrative Agent, in which case such additional interest on the Eurodollar Rate Advances Loans of such Lender shall be payable to such Lender at the place indicated in such notice with respect to each Interest Period commencing at least three Business Days after such Lender gives such notice and (y) shall notify the Borrower at least five Business Days before each date on which interest is payable on the Eurodollar Rate Advances Loans of the amount then due it under this Section.

Regulation D Compensation. If and so long as a reserve requirement of the type described in the definition of "Eurodollar Rate Euro-Currency Reserve Percentage" is prescribed by the Board of Governors of the Federal Reserve System (or any successor), each Lender Bank subject to such requirement may require the Borrower to pay, contemporaneously with each payment of interest on each of such LenderBank's Eurodollar Rate AdvancesEuro-Currency Loans, additional interest on such Eurodollar Rate Advance Euro-Currency Loan at a rate per annum determined by such Lender Bank up to but not exceeding the excess of (i) (A) the applicable Eurodollar London Interbank Offered Rate divided by (B) one minus the Eurodollar Rate Euro-Currency Reserve Percentage over (ii) the applicable Eurodollar London Interbank Offered Rate. Any Lender Bank wishing to require payment of such additional interest (x) shall so notify the Borrower Company and the Administrative Agent, in which case such additional interest on the Eurodollar Rate Advances Euro-Currency Loans of such Lender Bank shall be payable to such Lender Bank at the place indicated in such notice with respect to each Interest Period commencing at least three Euro-Currency Business Days after the giving of such Lender gives such notice notice, and (y) shall notify the Borrower Company at least five Euro-Currency Business Days before prior to each date on which interest is payable on the Eurodollar Rate Advances Euro-Currency Loans of the amount then due it under this Section.

Regulation D Compensation. If Each Bank may through the Agent request any Borrower to pay and so long as a reserve requirement of the type described in the definition of "Eurodollar Rate Reserve Percentage" is prescribed by the Board of Governors of the Federal Reserve System (or any successor), each Lender subject to upon such requirement may require request the Borrower to shall pay, contemporaneously with each payment of interest on each of such LenderBorrower's Eurocurrency Loans and Eurodollar Rate AdvancesRatable Loans, additional interest on such Eurodollar Rate Advance Loans at a rate per annum determined by such Lender Bank up to but not exceeding the excess of (i) (A) the applicable Base Eurocurrency Rate or Eurodollar Rate Base Rate, as the case may be, divided by (B) one minus the Eurodollar Rate Reserve Percentage Requirement with respect to Eurocurrency liabilities over (ii) the applicable Base Eurocurrency Rate or Eurodollar Base Rate, as the case may be. Any Lender Bank wishing to require payment of such additional interest (xv) shall so notify the Borrower Borrowers and the Administrative Agent, in which case such additional interest on the Eurocurrency Loans and Eurodollar Rate Advances Ratable Loans of such Lender Bank shall be payable to such Lender Bank at the place indicated in such notice with respect to each Interest Period commencing at least three five Business Days after such Lender gives the giving of such notice and (y) shall notify the Borrower Borrowers at least five Business Days before prior to each date on which interest is payable on the Eurocurrency Loans and the Eurodollar Rate Advances Ratable Loans of the amount then due it under this Section.