Increased Costs definition
Examples of Increased Costs in a sentence
For the avoidance of doubt, the Prepayment Fee shall be applicable to any termination or reduction of the Facility Amount that occurs prior to the end of the two-year anniversary of the Closing Date but shall not be applicable to any termination or reduction of the Facility Amount as a result of a Lender submitting a claim for Increased Costs pursuant to Section 2.12.
The Administrative Agent or any Lender recovering Increased Costs pursuant to this Section 2.12 must be charging all similarly situated borrowers or customers similar costs, damages, losses or expenses at such time.
To the extent that Available Funds are insufficient on any Payment Date to satisfy the full amount of any Increased Costs pursuant to Section 2.12, such unpaid amounts shall remain due and owing and shall accrue interest as provided in Section 2.10(a) until repaid in full.
To the extent that Available Funds are insufficient on any Payment Date to satisfy the full amount of any Increased Costs pursuant to Section 2.12, such unpaid amounts shall remain due and owing and shall accrue interest at the Interest Rate until repaid in full.