Taxes, Regulatory Costs and Reserve Percentages. Upon Lender’s demand, Borrower shall pay to Lender, in addition to all other amounts which may be, or become, due and payable under this Note and Loan Documents, any and all actual Taxes and Regulatory Costs, to the extent they are not internalized by calculation of a One-Month LIBO Rate. Further, at Lender’s option, the One-Month LIBO Rate shall be automatically adjusted by adjusting the Reserve Percentage, as determined by Lender in its prudent banking judgment, from the date of imposition (or subsequent date selected by Lender) of any such Regulatory Costs. Lender shall give Borrower notice of any Taxes and Regulatory Costs as soon as practicable after their occurrence, but Borrower shall be liable for any actual Taxes and Regulatory Costs regardless of whether or when notice is so given.
Taxes, Regulatory Costs and Reserve Percentages. Upon Lendex’x xxmand, Borrower shall pay to Lender, in addition to all other amounts which may be or become due and payable under this Note and the other Loan Documents, any and all Taxes and Regulatory Costs allocable to the Loan based on Lender’s reasonable good faith computation. Further, at Lender’s option, the Adjusted LIBO Rate shall be automatically adjusted by adjusting the Reserve Percentage, as determined by Lender in its prudent banking judgment, from the date of imposition (or subsequent date selected by Lendex) xx any such Regulatory Costs. Lender shall give Borrower notice of any Taxes and Regulatory Costs as soon as practicable after their occurrence, but Borrower shall be liable for all Taxes and Regulatory Costs allocable to the Loan based on Lendex’x xxasonable good faith computation regardless of whether or when notice is so given.
Taxes, Regulatory Costs and Reserve Percentages. Upon Bondowner Representative’s demand, Borrower shall pay to Bondowner Representative, in addition to all other amounts which may be, or become, due and payable under this Loan Agreement and the other Loan Documents, any and all Taxes and Regulatory Costs, to the extent they are not internalized by calculation of a One Month LIBO Rate. Further, at Bondowner Representative’s option, the One Month LIBO Rate shall be automatically adjusted by adjusting the Reserve Percentage, as determined by Bondowner Representative in its prudent banking judgment, from the date of imposition (or subsequent date selected by Bondowner Representative) of any such Regulatory Costs. Bondowner Representative shall give Borrower notice of any Taxes and Regulatory Costs as soon as practicable after their occurrence, but Borrower shall be liable for any Taxes and Regulatory Costs regardless of whether or when notice is so given.
Taxes, Regulatory Costs and Reserve Percentages. Within thirty (30) calendar days after Administrative Agent’s demand, Borrower shall pay to Administrative Agent, in addition to all other amounts which may be, or become, due and payable under the Loan Documents, any and all Taxes and Regulatory Costs, to the extent they are not internalized by calculation of an Effective Rate. Further, at Administrative Agent’s option, the Effective Rate shall be automatically adjusted by adjusting the Reserve Percentage, as determined by Administrative Agent in its prudent banking judgment, from the date of imposition (or subsequent date selected by Administrative Agent) of any such Regulatory Costs. Administrative Agent shall give Borrower written notice of any Taxes and Regulatory Costs (setting forth in reasonable detail the basis of such determination) as soon as practicable after their occurrence, but in any event within ninety (90) days after Administrative Agent obtains actual knowledge thereof; provided that if Administrative Agent fails to give such notice within ninety (90) days after it obtains actual knowledge of such an event, such Lender shall be entitled to payment only for Taxes and Regulatory Costs incurred from and after the date ninety (90) days prior to the date that Administrative Agent does give such notice.
Taxes, Regulatory Costs and Reserve Percentages. Upon Bondowner Representative’s demand, Xxxxxxxx shall pay to Issuer, in addition to all other amounts which may be, or become, due and payable under this Note and the Loan Documents, any and all Taxes and Regulatory Costs, to the extent they are not internalized by calculation of an Effective Rate. Further, at Bondowner Representative’s option, the Effective Rate shall be automatically adjusted by adjusting the Reserve Percentage, as determined by Bondowner Representative in its prudent banking judgment, from the date of imposition (or subsequent date selected by Bondowner Representative) of any such Regulatory Costs. Bondowner Representative shall give Borrower notice of any Taxes and Regulatory Costs as soon as practicable after their occurrence, but Borrower shall be liable for any Taxes and Regulatory Costs regardless of whether or when notice is so given.
Taxes, Regulatory Costs and Reserve Percentages. Upon Xxxxxx's demand, Borrower shall pay to Lender, in addition to all other amounts which may be, or become, due and payable under this Note and Loan Documents, any and all Taxes and Regulatory Costs, to the extent they are not internalized by calculation of a Fixed Rate. Lender shall give Borrower notice of any Taxes and Regulatory Costs as soon as practicable after their occurrence, but Borrower shall be liable for any Taxes and Regulatory Costs regardless of whether or when notice is so given.
Taxes, Regulatory Costs and Reserve Percentages. Within thirty (30) calendar days after Lender’s demand, Borrower shall pay to Lender, in addition to all other amounts which may be, or become, due and payable under the Loan Documents, any and all Taxes and Regulatory Costs, to the extent they are not internalized by calculation of an Effective Rate. Further, at Lender’s option, the Effective Rate shall be automatically adjusted by adjusting the Reserve Percentage, as determined by Lender in its prudent banking judgment, from the date of imposition (or subsequent date selected by Lender) of any such Regulatory Costs. Lender shall give Borrower written notice of any Taxes and Regulatory Costs (setting forth in reasonable detail the basis of such determination) as soon as practicable after their occurrence, but in any event within ninety (90) days after Lender obtains actual knowledge thereof; provided that if Lender fails to give such notice within ninety (90) days after it obtains actual knowledge of such an event, Lender shall be entitled to payment only for Taxes and Regulatory Costs incurred from and after the date ninety (90) days prior to the date that Lender does give such notice.
Taxes, Regulatory Costs and Reserve Percentages. Within thirty (30) calendar days after Administrative Agent’s demand, Borrower shall pay to Administrative Agent for the account of each Lender, in addition to all other amounts which may be, or become, due and payable under this Agreement and the other Loan Documents, any and all Taxes and Regulatory Costs, to the extent they are not internalized by calculation of an Effective Rate. Further, at Administrative Agent’s option, the Effective Rate shall be automatically adjusted by adjusting the Reserve Percentage, as determined by Administrative Agent in its prudent banking judgment, from the date of imposition (or subsequent date selected by Administrative Agent) of any such Regulatory Costs. Administrative Agent shall give Borrower notice of any Taxes and Regulatory Costs as soon as practicable after their occurrence, but Borrower shall be liable for any Taxes and Regulatory Costs regardless of whether or when notice is so given. A certificate as to the amount of such Taxes and Regulatory Costs, submitted to Borrower by Administrative Agent shall be conclusive and binding for all purposes, absent manifest error; provided, however, any such determination by Administrative Agent pursuant to this Section 2.6(g) shall be consistently applied by Administrative Agent to similarly situated loans to similar borrowers. Notwithstanding anything contained in the Agreement to the contrary, Borrower shall not be required to compensate a Lender for (i) any Regulatory Costs incurred more than 180 days prior to the date that such Lender notifies the Borrower of the change giving rise to Regulatory Costs and of such Lender’s intention to claim compensation therefor; provided, however, that, if the change giving rise to such increased Regulatory Costs is retroactive, then the 180-day period referred to above shall be extended to include the period of retroactive effect thereof, or (ii) any Regulatory Costs on account of requirements relating to the Reserve Percentage in effect as of the Effective Date and related to the origination and existence of the Loan unless such Regulatory Costs arise as a result of an increase or other modification of the Loan after the Effective Date. For the avoidance of doubt, the preceding sentence does not apply to Taxes. The foregoing shall not limit the rights of a Lender, Participant or Administrative Agent, as applicable, under Sections 13.14 and/or 13.15 of this Agreement.
Taxes, Regulatory Costs and Reserve Percentages. Upon Administrative Agent’s demand, Borrower shall pay to Administrative Agent for the account of each Lender, in addition to all other amounts which may be, or become, due and payable under this Agreement and the other Loan Documents, any and all Taxes (other than Excluded Taxes) and Regulatory Costs, to the extent they are not internalized by calculation of an Effective Rate. Further, at Administrative Agent’s option, the Effective Rate shall be automatically adjusted by adjusting the Reserve Percentage, as determined by Administrative Agent in its prudent banking judgment, from the date of imposition (or subsequent date selected by Administrative Agent) of any such Regulatory Costs. Administrative Agent shall give Borrower notice of any such Taxes and Regulatory Costs as soon as practicable after their occurrence, but Borrower shall be liable for any Taxes and Regulatory Costs regardless of whether or when notice is so given. A certificate as to the amount of such Taxes and Regulatory Costs submitted to Borrower by Administrative Agent shall be conclusive and binding for all purposes, absent manifest error.
Taxes, Regulatory Costs and Reserve Percentages. Except as provided for below, upon Xxxxxx's demand, Borrowers shall pay to Lender, in addition to all other amounts which may be, or become, due and payable under this Note and the other Loan Documents, any and all Taxes and Regulatory Costs, to the extent they are not internalized by the calculation of a Fixed Rate. Further, at Lender's option, the Fixed Rate shall be automatically adjusted by adjusting the Reserve Percentage, as determined by Lender in its prudent banking judgment, from the date of imposition (or subsequent date selected by Xxxxxx) of any such Regulatory Costs. Lender shall give Borrowers notice of any Taxes and Regulatory Costs as soon as practi- cable after their occurrence, but Borrowers shall be liable for all Taxes and Regulatory Costs regardless of whether or when notice is so given.
