Common use of Reserve Requirements; Change in Circumstances Clause in Contracts

Reserve Requirements; Change in Circumstances. (a) Notwithstanding any other provision herein, if after the date of this Agreement there is adopted any new law, rule or regulation or any change in applicable law or regulation or in the interpretation or administration thereof by any governmental authority charged with the interpretation or administration thereof (whether or not having the force of law) which shall impose, modify or deem applicable any reserve, special deposit or similar requirement against assets of, deposits with or for the account of or credit extended by such Bank (except any such reserve requirement which is reflected in the Eurodollar Rate) or shall impose on such Bank or the London interbank market any other condition affecting this Agreement or Eurodollar Loans made by such Bank, and the result of any of the foregoing shall be to increase the cost to such Bank of making or maintaining any Eurodollar Loan or to reduce the amount of any sum received or receivable by such Bank hereunder or under the Notes (whether of principal, interest or otherwise) in respect of Eurodollar Loans by an amount deemed by such Bank to be material, then the Borrower will pay to such Bank upon demand such additional amount or amounts as will compensate such Bank for such additional costs incurred or reduction suffered.

Appears in 3 contracts

Samples: Revolving Credit Agreement (Avista Corp), Revolving Credit Agreement (Washington Water Power Co), Avista Corp

AutoNDA by SimpleDocs

Reserve Requirements; Change in Circumstances. (a) Notwithstanding any other provision hereinof this Agreement, if after the date of this Agreement there is adopted any new lawthe adoption of, rule or regulation or any change in in, applicable law or regulation or in the interpretation or administration thereof by any governmental authority Governmental Authority charged with the interpretation or administration thereof (whether or not having the force of law) which shall impose, modify or deem applicable any reserve, special deposit or similar requirement against assets of, deposits with or for the account of or credit extended by such Bank (except any such reserve requirement which is reflected in the Eurodollar Rate) Lender or shall impose on such Bank Lender or the London interbank market any other condition affecting this Agreement or Eurodollar Loans or Fixed Rate Loans made by such BankLender, and the result of any of the foregoing shall be to increase the cost to such Bank Lender of making or maintaining any Eurodollar Loan or Fixed Rate Loan, or to reduce the amount of any sum received or receivable by such Bank Lender hereunder or under the Notes (whether of principal, interest or otherwise) in respect of Eurodollar Loans by an amount deemed by such Bank Lender to be material, then the Borrower will pay to such Bank Lender upon demand such additional amount or amounts as will compensate such Bank Lender for such additional costs incurred or reduction suffered.

Appears in 3 contracts

Samples: Raytheon Co/, Raytheon Co/, Raytheon Co/

Reserve Requirements; Change in Circumstances. (a) Notwithstanding any other provision hereinof this Agreement, if after the date of this Agreement there is adopted any new lawthe adoption of, rule or regulation or any change in in, applicable law or regulation or in the interpretation or administration thereof by any governmental authority Governmental Authority charged with the interpretation or administration thereof (whether or not having the force of law) which shall impose, modify or deem applicable any reserve, special deposit or similar requirement against assets of, deposits with or for the account of or credit extended by such Bank (except any such reserve requirement which is reflected in the Eurodollar Rate) Lender or shall impose on such Bank Lender or the London interbank market any other condition affecting this Agreement or Eurodollar Loans Loans, Fixed Rate Loans, Letter of Credit or Application made by such BankLender, and the result of any of the foregoing shall be to increase the cost to such Bank Lender of making or maintaining any Eurodollar Loan or Fixed Rate Loan, or issuing or participating in any Letter of Credit or Application, or to reduce the amount of any sum received or receivable by such Bank Lender hereunder or under the Notes (whether of principal, interest or otherwise) in respect of Eurodollar Loans by an amount deemed by such Bank Lender to be material, then the Borrower will pay to such Bank Lender upon demand such additional amount or amounts as will compensate such Bank Lender for such additional costs incurred or reduction suffered.

Appears in 2 contracts

Samples: Raytheon Co/, Lender Agreement (Raytheon Co/)

Reserve Requirements; Change in Circumstances. (a) Notwithstanding any other provision herein, if after the date of this Agreement there is adopted any new law, rule or regulation or any change in applicable law or regulation or in the interpretation or administration thereof by any governmental authority Governmental Authority charged with the interpretation or administration thereof (whether or not having the force of law) which shall impose, modify or deem applicable any reserve, special special-deposit or similar requirement against assets of, deposits with or for the account of or credit extended by such any Bank (except any such reserve requirement which is reflected in the Eurodollar Rate) or shall impose on such Bank or the London interbank market any other condition affecting this Agreement or Eurodollar Loans made by such Bank, and the result of any of the foregoing shall be to increase the cost to such Bank of making or maintaining any Eurodollar Loan or to reduce the amount of any sum received or receivable by such Bank hereunder or under the any Notes (whether of principal, interest or otherwise) in respect of Eurodollar Loans by an amount deemed by such Bank to be material, then the Borrower will pay to such Bank upon demand such additional amount or amounts as will compensate such Bank for such additional costs incurred or reduction suffered.

Appears in 2 contracts

Samples: Credit Agreement (Avista Corp), Credit Agreement (Avista Corp)

Reserve Requirements; Change in Circumstances. (a) Notwithstanding any other provision herein, if after the date of this Agreement there is adopted any new law, rule or regulation or any change in applicable law or regulation or in the interpretation or administration thereof by any governmental authority charged with the interpretation or administration thereof (whether or not having the force of law) which shall imposeresult in the imposition, modify modification or deem applicable applicability of any reserve, special deposit or similar requirement against assets of, deposits with or for the account of or credit extended by such Bank (except any such reserve requirement which is reflected Lender, or shall result in the Eurodollar Rate) or shall impose imposition on such Bank Lender or the London interbank market any other condition affecting this Agreement Agreement, such Lender's Commitment or any Eurodollar Loans Loan made by such BankLender, and the result of any of the foregoing shall be to increase the cost to such Bank Lender of making or maintaining any Eurodollar Loan or to reduce the amount of any sum received or receivable by such Bank Lender hereunder or under the Notes (whether of principal, interest or otherwise) in respect of Eurodollar Loans by an amount deemed by such Bank Lender to be material, then the Borrower will pay to such Bank Lender upon demand such additional amount or amounts as will compensate such Bank Lender for such additional costs incurred or reduction suffered.

Appears in 2 contracts

Samples: Credit Facility Agreement (Avaya Inc), Credit Facility Agreement (Avaya Inc)

Reserve Requirements; Change in Circumstances. (a) Notwithstanding any other provision hereinof this Agreement, if after the date of this Agreement there is adopted any new lawthe adoption of, rule or regulation or any change in in, applicable law or regulation or in the interpretation or administration thereof by any governmental authority Governmental Authority charged with the interpretation or administration thereof (whether or not having the force of law) which shall impose, modify or deem applicable any reserve, special deposit or similar requirement against assets of, deposits with or for the account of or credit extended by such Bank (except any such reserve requirement which is reflected in the Eurodollar Rate) Lender or shall impose on such Bank Lender or the London interbank market any other condition affecting this Agreement or Eurodollar Loans made by such Bankor Fixed Rate Loans, and the result of any of the foregoing shall be to increase the cost to such Bank Lender of making or maintaining any Eurodollar Loan or Fixed Rate Loan, or to reduce the amount of any sum received or receivable by such Bank Lender hereunder or under the Notes (whether of principal, interest or otherwise) in respect of Eurodollar Loans by an amount deemed by such Bank Lender to be material, then the Borrower will pay to such Bank Lender upon demand such additional amount or amounts as will compensate such Bank Lender for such additional costs incurred or reduction suffered.

Appears in 2 contracts

Samples: Credit Agreement (Raytheon Co/), Raytheon Co/

Reserve Requirements; Change in Circumstances. (a) Notwithstanding any other provision hereinof this Agreement, if after the date of this Agreement there is adopted any new law, rule or regulation or any change Change in applicable law or regulation or in the interpretation or administration thereof by any governmental authority charged with the interpretation or administration thereof (whether or not having the force of law) which Law shall impose, modify or deem applicable any reserve, special deposit deposit, Tax (other than Indemnified Taxes indemnified pursuant to Section 2.20 and Excluded Taxes) or similar requirement against assets of, deposits with or for the account of or credit extended by such Bank any Lender (except any such reserve requirement which is reflected in the Eurodollar Adjusted LIBO Rate) or shall impose on such Bank Lender or the London interbank market any other condition affecting this Agreement or Eurodollar Loans made by such BankLender, and the result of any of the foregoing shall be to increase the cost to such Bank Lender of making or maintaining any Eurodollar Loan or increase the cost to any Lender or to reduce the amount of any sum received or receivable by such Bank Lender hereunder or under the Notes (whether of principal, interest or otherwise) in respect of Eurodollar Loans by an amount deemed by such Bank Lender to be material, then the Borrower will pay to such Bank Lender upon demand such additional amount or amounts as will compensate such Bank Lender for such additional costs incurred or reduction suffered.

Appears in 1 contract

Samples: Intercreditor Agreement (Supervalu Inc)

Reserve Requirements; Change in Circumstances. (a) Notwithstanding any other provision herein, if after the date of this Agreement there is adopted any new law, rule or regulation or any change in applicable law or regulation or in the interpretation or administration thereof by any governmental authority charged with the interpretation or administration thereof (whether or not having the force of law) which shall impose, modify or deem applicable any reserve, special deposit or similar requirement against assets of, deposits with or for the account of or credit extended by such Bank (except any such reserve requirement which is reflected in the Eurodollar Rate) or shall impose on such Bank or the London interbank market any other condition affecting this Agreement or Eurodollar Loans made by such Bank, and the result of any of the foregoing shall be to increase the cost to such Bank of making or maintaining any Eurodollar Loan or to reduce the amount of any sum received or receivable by such Bank hereunder or under the Notes (whether any Notes(whether of principal, interest or otherwise) in respect of Eurodollar Loans by an amount deemed by such Bank to be material, then the Borrower will pay to such Bank upon demand such additional amount or amounts as will compensate such Bank for such additional costs incurred or reduction suffered.

Appears in 1 contract

Samples: Credit Agreement (Avista Corp)

AutoNDA by SimpleDocs

Reserve Requirements; Change in Circumstances. (a) Notwithstanding any other provision herein, if after the date of this Agreement there is adopted any new law, rule or regulation or Original Closing Date any change in applicable law or regulation or in the interpretation or administration thereof by any governmental authority charged with the interpretation or administration thereof (whether or not having the force of law) which shall imposeresult in the imposition, modify modification or deem applicable applicability of any reserve, special deposit or similar requirement against assets of, deposits with or for the account of or credit extended by such Bank (except any such reserve requirement which is reflected Lender, or shall result in the Eurodollar Rate) or shall impose imposition on such Bank Lender or the London interbank market any other condition affecting this Agreement Agreement, such Lender's Commitment or any Eurodollar Loans Loan made by such BankLender, and the result of any of the foregoing shall be to increase the cost to such Bank Lender of making or maintaining any Eurodollar Loan or to reduce the amount of any sum received or receivable by such Bank Lender hereunder or under the Notes (whether of principal, interest or otherwise) in respect of Eurodollar Loans by an amount deemed by such Bank Lender to be material, then the Borrower will pay to such Bank Lender upon demand such additional amount or amounts as will compensate such Bank Lender for such additional costs incurred or reduction suffered.

Appears in 1 contract

Samples: Agreement (Agere Systems Inc)

Reserve Requirements; Change in Circumstances. (a) Notwithstanding any other provision herein, if after the date of this Agreement there is adopted any new law, rule or regulation or any change in applicable law or regulation or in the interpretation or administration thereof by any governmental authority charged with the interpretation or administration thereof (whether or not having the force of law) which shall impose, modify or deem applicable any reserve, special deposit or similar requirement against assets of, deposits with or for the account of or credit extended by such Bank (except any such reserve requirement which is reflected in the Eurodollar Rate) or shall impose on such Bank or the London interbank market any other condition affecting this Agreement or Eurodollar Loans made by such Bank, and the result of any of the foregoing shall be to increase the cost to such Bank of making or maintaining any Eurodollar Loan or to reduce the amount of any sum received or receivable by such Bank hereunder or under the any Notes (whether of principal, interest or otherwise) in respect of Eurodollar Loans by an amount deemed by such Bank to be material, then the Borrower will pay to such Bank upon demand such additional amount or amounts as will compensate such Bank for such additional costs incurred or reduction suffered.

Appears in 1 contract

Samples: Credit Agreement (Avista Corp)

Reserve Requirements; Change in Circumstances. (a) Notwithstanding any other provision hereinof this Agreement, if after the date of this Agreement there is adopted any new lawthe adoption of, rule or regulation or any change in in, applicable law or regulation or in the interpretation or administration thereof by any governmental authority Governmental Authority charged with the interpretation or administration thereof (whether or not having the force of law) which shall impose, modify or deem applicable any reserve, special deposit or similar requirement against assets of, deposits with or for the account of or credit extended by such Bank (except any such reserve requirement which is reflected in the Eurodollar Rate) Lender or shall impose on such Bank Lender or the London interbank market any other condition affecting this Agreement or Eurodollar Loans Eurocurrency Loans, Fixed Rate Loans, Letter of Credit or Application made by such BankLender, and the result of any of the foregoing shall be to increase the cost to such Bank Lender of making or maintaining any Eurodollar Eurocurrency Loan or Fixed Rate Loan, or issuing or participating in any Letter of Credit or Application, or to reduce the amount of any sum received or receivable by such Bank Lender hereunder or under the Notes (whether of principal, interest or otherwise) in respect of Eurodollar Loans by an amount deemed by such Bank Lender to be material, then the Borrower or the UK Borrower, as applicable, will pay to such Bank Lender upon demand such additional amount or amounts as will compensate such Bank Lender for such additional costs incurred or reduction suffered.

Appears in 1 contract

Samples: Raytheon Co/

Reserve Requirements; Change in Circumstances. (a) Notwithstanding any other provision herein, if after the date of this Agreement there is adopted any new law, rule or regulation or any change in applicable law or regulation or in the interpretation or administration thereof by any governmental authority Governmental Authority charged with the interpretation or administration thereof (whether or not having the force of law) which shall imposeresult in the imposition, modify modification or deem applicable applicability of any reserve, special deposit or similar requirement against assets of, deposits with or for the account of or credit extended by such Bank (except any such reserve requirement which is reflected Lender, or shall result in the Eurodollar Rate) or shall impose imposition on such Bank any Lender or the London interbank market of any other condition affecting this Agreement Agreement, such Lender's Commitment or Eurodollar Loans any Eurocurrency Loan made by such BankLender, and the result of any of the foregoing shall be to increase the cost to such Bank Lender of making or maintaining any Eurodollar Eurocurrency Loan or to reduce the amount of any sum received or receivable by such Bank Lender hereunder or under the Notes (whether of principal, interest or otherwise) in respect of Eurodollar Loans by an amount deemed by such Bank Lender to be material, then the Borrower will pay to such Bank upon demand such additional amount or amounts as will compensate such Bank Lender for such additional costs incurred or reduction sufferedwill be paid by the Borrowers to such Lender as provided in paragraph (c) of this Section.

Appears in 1 contract

Samples: Borrowing Subsidiary Agreement (Itt Industries Inc)

Reserve Requirements; Change in Circumstances. (a) Notwithstanding any other provision herein, if after the date of this Agreement there is adopted any new law, rule or regulation or any change in applicable law or regulation or in the interpretation or administration thereof by any governmental authority charged with the interpretation or administration thereof (whether or not having the force of law) which shall imposeresult in the imposition, modify modification or deem applicable applicability of any reserve, special deposit or similar requirement against assets of, or deposits with or for the account of or credit extended by such Bank (except any such reserve requirement which is reflected Lender, or shall result in the Eurodollar Rate) or shall impose imposition on such Bank Lender or the London interbank market of any other condition affecting this Agreement Agreement, such Lender's Commitment or any Eurodollar Loans Loan made by such BankLender, and the result of any of the foregoing shall be to increase the cost to such Bank Lender of making or maintaining any Eurodollar Loan or to reduce the amount of any sum received or receivable by such Bank Lender hereunder or under the Notes (whether of principal, interest or otherwise) in respect of Eurodollar Loans by an amount deemed by such Bank Lender to be material, then the Borrower will pay to such Bank upon demand Lender such additional amount or amounts as will compensate such Bank Lender for such additional costs incurred or reduction suffered.

Appears in 1 contract

Samples: Agreement (At&t Corp)

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