Common use of Additional Reserve Requirements Clause in Contracts

Additional Reserve Requirements. Xxxxxxxxx shall pay (or cause the applicable Subsidiary Borrower to pay) to each Lender, as long as such Lender shall be required to comply with any reserve ratio requirement or analogous requirement of any central banking or financial regulatory authority imposed in respect of the maintenance of the Commitments or the funding of the Eurocurrency Rate Loans, such additional costs (expressed as a percentage per annum and rounded upwards, if necessary, to the nearest five decimal places) equal to the actual costs allocated to such Commitment or Loan by such Lender (as determined by such Lender in good faith, which determination shall be conclusive), which in each case shall be due and payable on each date on which interest is payable on such Loan, provided Xxxxxxxxx shall have received at least 10 days’ prior notice (with a copy to the Administrative Agent) of such additional interest or costs from such Lender. If a Lender fails to give notice 10 days prior to the relevant Interest Payment Date, such additional interest or costs shall be due and payable 10 days from receipt of such notice.

Appears in 2 contracts

Samples: Credit Agreement (Carpenter Technology Corp), Credit Agreement (Carpenter Technology Corp)

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Additional Reserve Requirements. Xxxxxxxxx The Company shall pay (or cause the applicable Subsidiary Designated Borrower to pay) to each Lender, as long as such Lender shall be required to comply with any reserve ratio requirement or analogous requirement of any central banking or financial regulatory authority imposed in respect of the maintenance of the Commitments or the funding of the Eurocurrency Rate Loans or BBSY Loans, such additional costs (expressed as a percentage per annum and rounded upwards, if necessary, to the nearest five decimal places) equal to the actual costs allocated to such Commitment or Loan by such Lender (as determined by such Lender in good faith, which determination shall be conclusive), which in each case shall be due and payable on each date on which interest is payable on such Loan, provided Xxxxxxxxx the Company shall have received at least 10 days’ prior notice (with a copy to the Administrative applicable Agent) of such additional interest or costs from such Lender. If a Lender fails to give notice 10 days prior to the relevant Interest Payment Date, such additional interest or costs shall be due and payable 10 days from receipt of such notice.

Appears in 2 contracts

Samples: Credit Agreement (MULTI COLOR Corp), Credit Agreement (Multi Color Corp)

Additional Reserve Requirements. Xxxxxxxxx The Company shall pay (or cause the applicable Subsidiary Designated Borrower to pay) to each Lender, as long as such Lender shall be required to comply with any reserve ratio requirement or analogous requirement (other than those compensated through Mandatory Costs) of any central banking or financial regulatory authority imposed in respect of the maintenance of the Commitments or the funding of the Eurocurrency Rate Loans, such additional costs (expressed as a percentage per annum and rounded upwards, if necessary, to the nearest five decimal places) equal to the actual costs allocated to such Commitment or Loan by such Lender (as determined by such Lender in good faith, which determination shall be conclusive), which in each case shall be due and payable on each date on which interest is payable on such Loan, provided Xxxxxxxxx the Company shall have received at least 10 15 days’ prior notice (with a copy to the Administrative Agent) of such additional interest or costs from such Lender. If a Lender fails to give notice 10 15 days prior to the relevant Interest Payment Date, such additional interest or costs shall be due and payable 10 15 days from receipt of such notice.

Appears in 2 contracts

Samples: Assignment and Assumption (Idex Corp /De/), Credit Agreement (Idex Corp /De/)

Additional Reserve Requirements. Xxxxxxxxx shall pay (or cause the applicable Subsidiary Borrower to pay) to each Lender, as long as such If any Lender shall be is required to comply with any reserve ratio requirement or analogous requirement of any central banking or financial regulatory authority Governmental Authority imposed in respect of the maintenance of the Commitments or the funding of the Eurocurrency Rate Loans, the Borrower shall pay to such Lender such additional costs (expressed as a percentage per annum and rounded upwards, if necessary, to the nearest five decimal places) equal to the actual costs allocated to such Commitment or Loan by such Lender (as determined by such Lender in good faith, which determination shall be conclusiveconclusive in the absence of demonstrable error), which in each case shall be due and payable on each date on which interest is payable on such Loan, provided Xxxxxxxxx that the Borrower shall have received at least 10 15 days’ prior notice (with a copy to the Administrative Agent) of such additional interest or costs from such Lender. If a Lender fails to give notice 10 15 days prior to the relevant Interest Payment Date, such additional interest or costs shall be due and payable 10 15 days from receipt of such notice.

Appears in 2 contracts

Samples: Term Loan Agreement (Hasbro, Inc.), Term Loan Agreement (Hasbro, Inc.)

Additional Reserve Requirements. Xxxxxxxxx The Company shall pay (or cause the applicable Subsidiary Designated Borrower to pay) to each Lender, as long as such Lender shall be required to comply with any reserve ratio requirement or analogous requirement of any central banking or financial regulatory authority imposed after the date hereof in respect of the maintenance of the Commitments or the funding of the Eurocurrency Rate Loans, such additional costs (expressed as a percentage per annum and rounded upwards, if necessary, to the nearest five decimal places) equal to the actual costs allocated to such Commitment or Loan by such Lender (as determined by such Lender in good faith, which determination shall be conclusiveconclusive absent manifest error), which in each case shall be due and payable on each date on which interest is payable on such Loan, ; provided Xxxxxxxxx the Company shall have received at least 10 days’ prior notice (with a copy to the Administrative Agent) of such additional interest or costs from such Lender. If a Lender fails to give notice 10 days prior to the relevant Interest Payment Date, such additional interest or costs shall be due and payable 10 days from receipt of such notice.

Appears in 2 contracts

Samples: Credit Agreement (Monster Worldwide Inc), Amended and Restated Credit Agreement (Monster Worldwide Inc)

Additional Reserve Requirements. Xxxxxxxxx shall pay (or cause the applicable Subsidiary Borrower to pay) to each Lender, as long as such If any Lender shall be is required to comply with any reserve ratio requirement or analogous requirement of any central banking or financial regulatory authority Governmental Authority imposed in respect of the maintenance of the Commitments or the funding of the Eurocurrency Rate LoansLoans (other than the Eurocurrency Reserve Percentage and Mandatory Costs), the Company shall pay (or cause the Designated Borrower to pay) to such Lender such additional costs (expressed as a percentage per annum and rounded upwards, if necessary, to the nearest five decimal places) equal to the actual costs allocated to such Commitment or Loan by such Lender (as determined by such Lender in good faith, which determination shall be conclusiveconclusive in the absence of demonstrable error), which in each case shall be due and payable on each date on which interest is payable on such Loan, provided Xxxxxxxxx the Borrowers shall have received at least 10 15 days’ prior notice (with a copy to the Administrative Agent) of such additional interest or costs from such Lender. If a Lender fails to give notice 10 15 days prior to the relevant Interest Payment Date, such additional interest or costs shall be due and payable 10 15 days from receipt of such notice.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Hasbro Inc), Revolving Credit Agreement (Hasbro Inc)

Additional Reserve Requirements. Xxxxxxxxx The Borrower shall pay (or cause the applicable Subsidiary Borrower to pay) to each Lender, as long as such Lender shall be required to comply with any reserve ratio requirement or analogous requirement of any central banking the Bank of England, the Financial Services Authority (or financial regulatory authority successor thereto) or the European Central Bank imposed in respect of the maintenance of the Commitments or the funding of the Eurocurrency LIBOR Rate Loans, such additional costs (expressed as a percentage per annum and rounded upwards, if necessary, to the nearest five decimal places) equal to the actual costs allocated to such Commitment or Loan by such Lender (as determined by such Lender in good faithfaith consistent with customary market practice, which determination shall be conclusive, absent manifest error), which in each case shall be due and payable on each date on which interest is payable on such Loan, provided Xxxxxxxxx the Borrower shall have received at least 10 days’ prior notice (with a copy to the Administrative Agent) of such additional interest or costs from such Lender. If a Lender fails to give notice 10 days prior to the relevant Interest Payment Date, such additional interest or costs shall be due and payable 10 days from receipt of such notice.

Appears in 1 contract

Samples: Credit Agreement (WHITEWAVE FOODS Co)

Additional Reserve Requirements. Xxxxxxxxx The Company shall pay (or cause the applicable Subsidiary Designated Borrower to pay) to each Lender, as long as such Lender shall be required to comply with any reserve ratio requirement or analogous requirement of any central banking or financial regulatory authority imposed in respect of the maintenance of the Commitments or the funding of the Eurocurrency Rate Loans, such additional costs (expressed as a percentage per annum and rounded upwards, if necessary, to the nearest five decimal places) equal to the actual costs allocated to such Commitment or Loan by such Lender (as reasonably determined by such Lender in good faith, which determination shall be conclusive), which in each case shall be due and payable on each date on which interest is payable on such Loan, ; provided Xxxxxxxxx the Company shall have received at least 10 daysBusiness Days’ prior notice (with a copy to the Administrative Agent) of such additional interest or costs from such Lender. If a Lender fails to give notice 10 days Business Days prior to the relevant Interest Payment Date, such additional interest or costs shall be due and payable 10 days Business Days from receipt of such notice.

Appears in 1 contract

Samples: Credit Agreement (Mastec Inc)

Additional Reserve Requirements. Xxxxxxxxx The Company shall pay (or cause the applicable Subsidiary Designated Borrower to pay) to each Lender, as long as such Lender shall be required to comply with any reserve ratio requirement or analogous requirement of any central banking or financial regulatory authority imposed in respect of the maintenance of the Commitments its Commitment or the funding of the Eurocurrency Rate LoansLoans or the maintenance of Eurocurrency Rate Segments, such additional costs (expressed as a percentage per annum and rounded upwards, if necessary, to the nearest five decimal places) equal to the actual costs allocated to such Commitment or Loan by such Lender (as determined by such Lender in good faith, which determination shall be conclusive), which in each case shall be due and payable on each date on which interest is payable on such Loan, provided Xxxxxxxxx the Company shall have received at least 10 days’ prior notice (with a copy to the Administrative Agent) of such additional interest or costs from such Lender. If a Lender fails to give notice 10 days prior to the relevant Interest Payment Date, such additional interest or costs shall be due and payable 10 days from receipt of such notice.

Appears in 1 contract

Samples: Credit Agreement (Kyphon Inc)

Additional Reserve Requirements. Xxxxxxxxx shall pay (or cause the applicable Subsidiary Borrower to pay) to each Lender, as long as such If any Lender shall be is required to comply with any reserve ratio requirement or analogous requirement of any central banking or financial regulatory authority Governmental Authority imposed in respect of the maintenance of the Commitments or the funding of the Eurocurrency Rate LoansLoans (other than the Eurocurrency Reserve Percentage), the Company shall pay (or cause the Designated Borrower to pay) to such Lender such additional costs (expressed as a percentage per annum and rounded upwards, if necessary, to the nearest five decimal places) equal to the actual costs allocated to such Commitment or Loan by such Lender (as determined by such Lender in good faith, which determination shall be conclusiveconclusive in the absence of demonstrable error), which in each case shall be due and payable on each date on which interest is payable on such Loan, provided Xxxxxxxxx the Borrowers shall have received at least 10 15 days’ prior notice (with a copy to the Administrative Agent) of such additional interest or costs from such Lender. If a Lender fails to give notice 10 15 days prior to the relevant Interest Payment Date, such additional interest or costs shall be due and payable 10 15 days from receipt of such notice.

Appears in 1 contract

Samples: Revolving Credit Agreement (Hasbro Inc)

Additional Reserve Requirements. Xxxxxxxxx shall pay (or cause the applicable Subsidiary Borrower to pay) to each Lender, as long as such If any Lender shall be is required to comply with any reserve ratio requirement or analogous requirement of any central banking or financial regulatory authority Governmental Authority imposed in respect of the maintenance of the Commitments or the funding of the Eurocurrency Rate LoansLoans (other than the Eurocurrency Reserve Percentage), the Company shall pay (or cause the Designated Borrower to pay) to such Lender such additional costs (expressed as a percentage per annum and rounded upwards, if necessary, to the nearest five decimal places) equal to the actual costs allocated to such Commitment or Loan by such Lender (as determined by such Lender in good faith, which determination shall be conclusiveconclusive in the absence of demonstrable error), which in each case shall be due and payable on each date on which interest is payable on such Loan, provided Xxxxxxxxx the Borrowers shall have received at least 10 15 days' prior notice (with a copy to the Administrative Agent) of such additional interest or costs from such Lender. If a Lender fails to give notice 10 15 days prior to the relevant Interest Payment Date, such additional interest or costs shall be due and payable 10 15 days from receipt of such notice.

Appears in 1 contract

Samples: Revolving Credit Agreement (Hasbro Inc)

Additional Reserve Requirements. Xxxxxxxxx The Company shall pay (or cause the applicable Subsidiary Designated Borrower to pay) to each Lender, as long as such Lender shall be required to comply with any reserve ratio requirement or analogous requirement of any central banking or financial regulatory authority imposed in respect of the maintenance of the Commitments or the funding of the Eurocurrency Rate Loans, such additional costs (expressed as a percentage per annum and rounded upwards, if necessary, to the nearest five decimal places) equal to the actual costs allocated to such Commitment or Loan by such Lender (as determined by such Lender in good faith, which determination shall be conclusive), which in each case shall be due and payable on each date on which interest is payable on such Loan, provided Xxxxxxxxx the Company shall have received at least 10 days’ prior notice (with a copy to the Administrative Agent) of such additional interest or costs from such Lender. If a Lender fails to give notice 10 days prior to the relevant Interest Payment Date, such additional interest or costs shall be due and payable 10 days from receipt of such notice.

Appears in 1 contract

Samples: Credit Agreement (Quaker Chemical Corp)

Additional Reserve Requirements. Xxxxxxxxx To the extent not already reflected in the calculation of any interest rate, the Company shall pay (or cause the applicable Subsidiary Borrower to pay) to each Lender, as long as such Lender shall be required to comply with any reserve ratio requirement or analogous requirement of any central banking or financial regulatory authority imposed in respect of the maintenance of the Commitments or the funding of the Eurocurrency Rate Loans or LIBOR Daily Loans, such additional costs (expressed as a percentage per annum and rounded upwards, if necessary, to the nearest five decimal places) equal to the actual costs allocated to such Commitment or Loan by such Lender (as determined by such Lender in good faith, which determination shall be conclusive), which in each case shall be due and payable on each date on which interest is payable on such Loan, ; provided Xxxxxxxxx the Company shall have received at least 10 days’ prior notice (with a copy to the Administrative Agent) of such additional interest or costs from such Lender. If a Lender fails to give notice 10 days prior to the relevant Interest Payment Date, such additional interest or costs shall be due and payable 10 days from receipt of such notice.

Appears in 1 contract

Samples: Term Loan Credit Agreement (Global Payments Inc)

Additional Reserve Requirements. Xxxxxxxxx The Company shall pay (or cause the applicable Subsidiary Designated Borrower to pay) to each Lender, as long as such Lender shall be required to comply with any reserve ratio requirement or analogous requirement of the FRB or any other central banking or financial regulatory authority imposed in respect of the maintenance of the Commitments or the funding of the Eurocurrency Rate Loans, such additional costs (expressed as a percentage per annum and rounded upwards, if necessary, to the nearest five decimal places) equal to the actual costs allocated to such Commitment or Loan by such Lender (as determined by such Lender in good faith, which determination shall be conclusive), which in each case shall be due and payable on each date on which interest is payable on such Loan, provided Xxxxxxxxx the Company shall have received at least 10 ten (10) days’ prior notice (with a copy to the Administrative Agent) of such additional interest or costs from such Lender. If a Lender fails to give notice 10 ten (10) days prior to the relevant Interest Payment Date, such additional interest or costs shall be due and payable 10 ten (10) days from receipt of such notice.

Appears in 1 contract

Samples: Syndicated Facility Agreement (Genuine Parts Co)

Additional Reserve Requirements. Xxxxxxxxx The Borrower shall pay (or cause the applicable Subsidiary Designated Borrower to pay) to each Lender, as long as such Lender shall be required to comply with any reserve ratio requirement or analogous requirement of any central banking or financial regulatory authority imposed in respect of the maintenance of the Commitments or the funding of the Eurocurrency Rate Loans, such additional costs (expressed as a percentage per annum and rounded upwards, if necessary, to the nearest five decimal places) equal to the actual costs allocated to such Commitment or Loan by such Lender (as determined by such Lender in good faith, which determination shall be conclusive), which in each case shall be due and payable on each date on which interest is payable on such Loan, provided Xxxxxxxxx the Company shall have received at least 10 days’ prior notice (with a copy to the Administrative Agent) of such additional interest or costs from such Lender. If a Lender fails to give notice 10 days prior to the relevant Interest Payment Date, such additional interest or costs shall be due and payable 10 days from receipt of such notice.

Appears in 1 contract

Samples: Credit Agreement (Hain Celestial Group Inc)

Additional Reserve Requirements. Xxxxxxxxx The Borrower shall pay (or cause the applicable Subsidiary Borrower to pay) to each Lender, as long as such Lender shall be required to comply with any reserve ratio requirement or analogous requirement (other than those comprised of Mandatory Costs) of any central banking or financial regulatory authority imposed in respect of the maintenance of the Commitments or the funding of the Eurocurrency Rate Loans, such additional costs (expressed as a percentage per annum and rounded upwards, if necessary, to the nearest five decimal places) equal to the actual costs allocated to such Commitment or Loan by such Lender (as determined by such Lender in good faith, which determination shall be conclusive), which in each case shall be due and payable on each date on which interest is payable on such Loan, provided Xxxxxxxxx the Borrower shall have received at least 10 15 days’ prior notice (with a copy to the Administrative Agent) of such additional interest or costs from such Lender. If a Lender fails to give notice 10 15 days prior to the relevant Interest Payment Date, such additional interest or costs shall be due and payable 10 15 days from receipt of such notice.

Appears in 1 contract

Samples: Credit Agreement (McCormick & Co Inc)

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Additional Reserve Requirements. Xxxxxxxxx The Borrower shall pay (or cause the applicable Subsidiary Borrower to pay) to each Lender, as long as such Lender shall be required to comply with any reserve ratio requirement or analogous requirement of any central banking or financial regulatory authority imposed in respect of the maintenance of the Commitments or the funding of the Eurocurrency Rate Loans, such additional costs (expressed as a percentage per annum and rounded upwards, if necessary, to the nearest five decimal places) equal to the actual costs allocated to such Commitment or Loan by such Lender (as determined by such Lender in good faith, which determination shall be conclusive), which in each case shall be due and payable on each date on which interest is payable on such Loan, provided Xxxxxxxxx the Borrower shall have received at least 10 days’ prior notice (with a copy to the Administrative Agent) of such additional interest or costs from such Lender. If a Lender fails to give notice 10 days prior to the relevant Interest Payment Date, such additional interest or costs shall be due and payable 10 days from receipt of such notice.

Appears in 1 contract

Samples: Credit Agreement (Tech Data Corp)

Additional Reserve Requirements. Xxxxxxxxx The Company shall pay (or cause the applicable Subsidiary Foreign Borrower to pay) to each Lender, as long as such Lender shall be required to comply with any reserve ratio requirement or analogous requirement of any central banking or financial regulatory authority imposed in respect of the maintenance of the Commitments or the funding of the Eurocurrency Rate Loans, such additional costs (expressed as a percentage per annum and rounded upwards, if necessary, to the nearest five decimal places) equal to the actual costs allocated to such Commitment or Loan by such Lender (as determined by such Lender in good faith, which determination shall be conclusive), which in each case shall be due and payable on each date on which interest is payable on such Loan, provided Xxxxxxxxx the Company shall have received at least 10 days' prior notice (with a copy to the Multicurrency Administrative Agent) of such additional interest or costs from such Lender. If a Lender fails to give notice 10 days prior to the relevant Interest Payment Date, such additional interest or costs shall be due and payable 10 days from receipt of such notice.

Appears in 1 contract

Samples: Credit Agreement (Invacare Corp)

Additional Reserve Requirements. Xxxxxxxxx The Company shall pay (or cause the applicable Subsidiary Designated Borrower to pay) to each Lender, as long as such Lender shall be required to comply with any reserve ratio requirement or analogous requirement of any central banking or financial regulatory authority imposed in respect of the maintenance of the Commitments or the funding of the Eurocurrency Rate Loans, such additional costs (expressed as a percentage per annum and rounded upwards, if necessary, to the nearest five decimal places) equal to the actual costs allocated to such Commitment or Loan by such Lender (as determined by such Lender in good faith, which determination shall be conclusive), which in each case shall be due and payable on each date on which interest is payable on such Loan, provided Xxxxxxxxx the Company shall have received at least 10 days’ prior notice (with a copy to the Administrative Agent) of such additional interest or costs from such Lender. If a Lender fails to give notice 10 days prior to the relevant Interest Payment Date, such additional interest or costs shall be due and payable 10 days from receipt of such notice.

Appears in 1 contract

Samples: Credit Agreement (Kyphon Inc)

Additional Reserve Requirements. Xxxxxxxxx The Company shall pay (or cause the applicable Subsidiary Designated Borrower to pay) to each Lender, as long as such Lender shall be required to comply with any reserve ratio requirement or analogous requirement of any central banking or financial regulatory authority imposed in respect of the maintenance of the Commitments or the funding of the Eurocurrency Rate Loans or BBSY Loans, such additional costs (expressed as a percentage per annum and rounded upwards, if necessary, to the nearest five decimal places) equal to the actual costs allocated to such Commitment or Loan by such Lender (as determined by such Lender in good faith, which determination shall be conclusive), which in each case shall be due and payable on each date on which interest is payable on such Loan, ; provided Xxxxxxxxx that the Company shall have received at least 10 ten (10) days’ prior notice (with a copy to the applicable Facility Administrative Agent) of such additional interest or costs from such Lender. If a Lender fails to give notice 10 ten (10) days prior to the relevant Interest Payment Date, such additional interest or costs shall be due and payable 10 ten (10) days from receipt of such notice.

Appears in 1 contract

Samples: Credit Agreement (MULTI COLOR Corp)

Additional Reserve Requirements. Xxxxxxxxx To the extent not already reflected in the calculation of any interest rate, the Borrower shall pay (or cause the applicable Subsidiary Borrower to pay) to each Lender, Lender as long as such Lender shall be required to comply with any reserve ratio requirement or analogous requirement of any central banking or financial regulatory authority imposed in respect of the maintenance of the Term Loan Commitments or the funding of the Eurocurrency Eurodollar Rate Loans, such additional costs (expressed as a percentage per annum and rounded upwards, if necessary, to the nearest five decimal places) equal to the actual costs allocated to such Commitment Term Loan Commitments or Loan by such Lender (as determined by such Lender in good faith, which determination shall be conclusive), which in each case shall be due and payable on each date on which interest is payable on such Loan, provided Xxxxxxxxx the Borrower shall have received at least 10 days' prior notice (with a copy to the Administrative Agent) of such additional interest or costs from such Lender. If a Lender fails to give notice 10 days prior to the relevant Interest Payment Date, such additional interest or costs shall be due and payable 10 days from receipt of such notice.

Appears in 1 contract

Samples: Term Loan Agreement (Global Payments Inc)

Additional Reserve Requirements. Xxxxxxxxx The Company shall pay (or cause the applicable Subsidiary Designated Borrower to pay) to each Lender, as long as such Lender shall be required to comply with any reserve ratio requirement or analogous requirement of the FRB or any other central banking or financial regulatory authority imposed in respect of the maintenance of the Revolving Commitments or the funding of the Eurocurrency Rate Loans, such additional costs (expressed as a percentage per annum and rounded upwards, if necessary, to the nearest five decimal places) equal to the actual costs allocated to such Commitment or Revolving Loan by such Lender (as determined by such Lender in good faith, which determination shall be conclusive), which in each case shall be due and payable on each date on which interest is payable on such Revolving Loan, provided Xxxxxxxxx the Company shall have received at least 10 ten (10) days’ prior notice (with a copy to the Administrative Agent) of such additional interest or costs from such Lender. If a Lender fails to give notice 10 ten (10) days prior to the relevant Interest Payment Date, such additional interest or costs shall be due and payable 10 ten (10) days from receipt of such notice.

Appears in 1 contract

Samples: Syndicated Facility Agreement (Genuine Parts Co)

Additional Reserve Requirements. Xxxxxxxxx shall pay (or cause the applicable Subsidiary Borrower to pay) to each Lender, as long as such If any Lender shall be is required to comply with any reserve ratio requirement or analogous requirement of any central banking or financial regulatory authority Governmental Authority imposed in respect of the maintenance of the Commitments or the funding of the Eurocurrency Term Benchmark Rate Loans or Daily Benchmark Rate Loans, the Company shall pay (or cause the Designated Borrower to pay) to such Lender such additional costs (expressed as a percentage per annum and rounded upwards, if necessary, to the nearest five decimal places) equal to the actual costs allocated to such Commitment or Loan by such Lender (as determined by such Lender in good faith, which determination shall be conclusiveconclusive in the absence of demonstrable error), which in each case shall be due and payable on each date on which interest is payable on such Loan, provided Xxxxxxxxx that the Borrowers shall have received at least 10 15 days’ prior notice (with a copy to the Administrative Agent) of such additional interest or costs from such Lender. If a Lender fails to give notice 10 15 days prior to the relevant Interest Payment Date, such additional interest or costs shall be due and payable 10 15 days from receipt of such notice.

Appears in 1 contract

Samples: Revolving Credit Agreement (Hasbro, Inc.)

Additional Reserve Requirements. Xxxxxxxxx The Company shall pay (or cause the applicable Subsidiary Designated Borrower to pay) to each Lender, Lender as long as such Lender shall be required to comply with any reserve ratio requirement or analogous requirement of any central banking or financial regulatory authority imposed in respect of the maintenance of the Commitments or the funding of the Eurocurrency Eurodollar Rate Loans, such additional costs (expressed as a percentage per annum and 107 #47923322 rounded upwards, if necessary, to the nearest five decimal places) equal to the actual costs allocated to such Commitment or Loan by such Lender (as determined by such Lender in good faith, which determination shall be conclusive), which in each case shall be due and payable on each date on which interest is payable on such Loan, ; provided Xxxxxxxxx that the Company shall have received at least 10 ten (10) days’ prior notice (with a copy to the Administrative Agent) of such additional interest or costs from such Lender. If a Lender fails to give notice 10 ten (10) days prior to the relevant Interest Payment Date, such additional interest or costs shall be due and payable 10 ten (10) days from receipt of such notice.

Appears in 1 contract

Samples: Credit Agreement (Greif Inc)

Additional Reserve Requirements. Xxxxxxxxx shall pay (or cause the applicable Subsidiary Borrower to pay) to each Lender, as long as such If any Lender shall be is required to comply with any reserve ratio requirement or analogous requirement of any central banking or financial regulatory authority Governmental Authority imposed in respect of the maintenance of the Commitments or the funding of the Eurocurrency EurocurrencyTerm Benchmark Rate Loans, the Company shall pay (or cause the Designated Borrower to pay) to such Lender such additional costs (expressed as a percentage per annum and rounded upwards, if necessary, to the nearest five decimal places) equal to the actual costs allocated to such Commitment or Loan by such Lender (as determined by such Lender in good faith, which determination shall be conclusiveconclusive in the absence of demonstrable error), which in each case shall be due and payable on each date on which interest is payable on such Loan, provided Xxxxxxxxx that the Borrowers shall have received at least 10 15 days’ prior notice (with a copy to the Administrative Agent) of such additional interest or costs from such Lender. If a Lender fails to give notice 10 15 days prior to the relevant Interest Payment Date, such additional interest or costs shall be due and payable 10 15 days from receipt of such notice.

Appears in 1 contract

Samples: Revolving Credit Agreement (Hasbro, Inc.)

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