Cost and Yield Protection definition

Cost and Yield Protection. Usual for facilities and transactions of this type, including customary tax gross-up provisions.
Cost and Yield Protection. Substantially consistent with the Cash Flow Bridge Facility Documentation after giving effect to the Capital Markets Bridge Facility Documentation Considerations.
Cost and Yield Protection. As set forth in the Existing Credit Agreement. Maturity: Seven years from the Closing Date.

Examples of Cost and Yield Protection in a sentence

  • Cost and Yield Protection: Usual and customary for financings of this type.


More Definitions of Cost and Yield Protection

Cost and Yield Protection. Usual and customary for facilities of this type, in accordance with Documentation Principles.
Cost and Yield Protection. As set forth in the Term B Facility Documentation.
Cost and Yield Protection compensation in respect of "break funding," taxes (including but not limited to gross-up provisions for withholding taxes imposed by any governmental authority), changes in capital requirements, guidelines or policies or their interpretation or application, illegality, change in circumstances, reserves and other provisions deemed necessary by the Bridge Lenders to provide customary protection for U.S. and non-U.S. financial institutions.
Cost and Yield Protection. Usual for facilities and transactions of this type, with provisions protecting the Lenders from withholding tax liabilities; provided that requests for additional payments due to increased costs from market disruption shall be limited to circumstances generally affecting the banking market or when Majority Lenders have made such a request. The Revolving Facility shall contain provisions regarding the timing for asserting a claim under these provisions and permitting the Borrower to replace a Lender who asserts such claim without premium or penalty.
Cost and Yield Protection. Usual for facilities and transactions of this type. -------------------------- Assignments and The Lenders will be permitted to assign loans and --------------- commitments to other Lenders (or their affiliates) Participations: or to any Federal Reserve Bank without restriction, -------------- or to other financial institutions with the consent of the Borrower and the Agent, in each case not to be unreasonably withheld. Each assignment (except to other Lenders or their affiliates) will be in an amount not less than the lesser of (a) $5,000,000 and (b) the entire remaining principal amount of loans or commitments, as applicable, of the assigning Lender. The Agent will receive a processing and recordation fee to be agreed upon, payable by the assignor and/or the assignee, with each assignment. Assignments will be by novation and will not be required to be pro rata among the Senior Facilities. The Lenders will be permitted to participate in loans and commitments without restriction to other financial institutions. Voting rights of participants shall be limited to matters in respect of (a) increases in commitments, (b) reductions of principal, interest or fees, (c) extensions of final maturity and (d) releases of all or substantially all the Collateral (other than in connection with any sale of Collateral permitted by the Credit Agreement). Expenses and All reasonable out-of-pocket expenses (including, ------------ without limitation, reasonable expenses incurred in Indemnification: connection with due diligence) of the Arranger and --------------- the Agent associated with the syndication of the Senior Facilities and with the preparation, execution and delivery, administration, waiver or modification and enforcement of the Credit Agreement and the other documentation contemplated hereby and thereby (including the reasonable fees, disbursements and other charges of counsel) are to be paid by the Borrower. In addition, all reasonable out-of-pocket expenses of the Lenders for enforcement costs and documentary taxes associated with the Senior Facilities are to be paid by the Borrower. The Borrower will indemnify the Arranger, the Agent and the other Lenders and hold them harmless from and against all costs, expenses (including reasonable fees, disbursements and other charges of counsel) and liabilities of the Arranger, the Agent and the other Lenders arising out of or relating to any claim or any litigation or other proceedings (regardless of whether the Arranger...
Cost and Yield Protection. The same as those in the First-Lien Documentation.
Cost and Yield Protection. Standard provisions, including, without limitation, those for illegality, inability to determine rate, indemnification for break funding, and increased costs or reduced return including those arising from reserve requirements, taxes and capital adequacy. Required Lenders: 51%.