Common use of Compensation For Increased Costs and Taxes Clause in Contracts

Compensation For Increased Costs and Taxes. In the event that the Banks shall determine in good faith (which determination shall, absent manifest or demonstrable error, be final and conclusive and binding upon both the Borrower and the Banks) that any law, treaty or governmental rule, regulation or order, or any change therein or in the interpretation, administration or application thereof (including the introduction of any new law, treaty or governmental rule, regulation or order), or any determination of a court or governmental authority, in each case that becomes effective after the Closing Date, or compliance by the Banks with any guideline, request or directive issued or made after the date hereof by any central bank or other governmental or quasi-governmental authority, and which has the force of law and first becomes effective after the Closing Date in all cases of general applicability to the banking industry:

Appears in 2 contracts

Samples: Loan Agreement (North Atlantic Trading Co Inc), Loan Agreement (North Atlantic Trading Co Inc)

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Compensation For Increased Costs and Taxes. In the event that the Banks shall determine in good faith (which determination shall, absent manifest or demonstrable error, be final and conclusive and binding upon both the Borrower Borrowers and the Banks) that any law, treaty or governmental rule, regulation or order, or any change therein or in the interpretation, administration or application thereof (including the introduction of any new law, treaty or governmental rule, regulation or order), or any determination of a court or governmental authority, in each case that becomes effective after the Closing Date, or compliance by the Banks with any guideline, request or directive issued or made after the date hereof by any central bank or other governmental or quasi-governmental authority, and which has the force of law and first becomes effective after the Closing Date in all cases of general applicability to the banking industryDate:

Appears in 2 contracts

Samples: Loan Agreement (Res Care Inc /Ky/), Stock Pledge Agreement (Res Care Inc /Ky/)

Compensation For Increased Costs and Taxes. In the event that the Banks any Bank shall determine in good faith (faith, which determination shall, absent manifest or demonstrable error, be final and conclusive and binding upon both the Borrower and the Banks) all parties hereto, that any law, treaty or governmental rule, regulation or order, or any change therein or in the interpretation, administration or application thereof (and including the introduction of any new law, treaty or governmental rule, regulation or order), or any determination of a court or governmental authority, in each case that becomes effective after the Closing Datedate hereof, or that the compliance by the Banks such Bank with any guideline, request or directive issued or made after the date hereof by any central bank or other governmental or quasi-governmental authorityauthority having jurisdiction over such Bank, and which has the force of law and first becomes effective after the Closing Date in all cases of general applicability to the banking industryDate:

Appears in 1 contract

Samples: Loan Agreement (Regal Cinemas Inc)

Compensation For Increased Costs and Taxes. In the event that the Banks shall determine in good faith (which determination shall, absent manifest or demonstrable error, be final and conclusive conclu-sive and binding upon both the Borrower and the Banks) that any law, treaty or governmental rule, regulation or order, or any change therein or in the interpretation, administration or application appli-cation thereof (including the introduction of any new law, treaty or governmental rule, regulation or order), or any determination of a court or governmental authority, in each case that becomes effective effec-tive after the Closing Date, or compliance by the Banks with any guideline, request or directive issued or made after the date hereof by any central bank or other governmental or quasi-governmental govern-mental authority, and which has the force of law and first becomes effective after the Closing Date in all cases of general applicability to the banking industry:

Appears in 1 contract

Samples: Loan Agreement (Sypris Solutions Inc)

Compensation For Increased Costs and Taxes. In the event that the Banks shall determine in good faith (which determination shall, absent manifest or demonstrable error, be final and conclusive and binding upon both the Borrower Borrowers and the Banks) that any law, treaty or governmental rule, regulation or order, or any change therein or in the interpretation, administration or application thereof (including the introduction of any new law, treaty or governmental rule, regulation or order), or any determination of a court or governmental authority, in each case that becomes effective after the Closing Date, or compliance by the Banks with any guideline, request or directive issued or made after the date hereof by any central bank or other governmental or quasi-governmental authority, and which has the force of law and first becomes effective after the Closing Date in all cases of general applicability to the banking industry:

Appears in 1 contract

Samples: Loan Agreement (Group Technologies Corp)

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Compensation For Increased Costs and Taxes. In the event that the ------------------------------------------ Banks shall determine in good faith (which determination shall, absent manifest or demonstrable error, be final and conclusive and binding upon both the Borrower and the Banks) that any law, treaty or governmental rule, regulation or order, or any change therein or in the interpretation, administration or application thereof (including the introduction of any new law, treaty or governmental rule, regulation or order), or any determination of a court or governmental authority, in each case that becomes effective after the Closing Date, or compliance by the Banks with any guideline, request or directive issued or made after the date hereof by any central bank or other governmental or quasi-governmental authority, and which has the force of law and first becomes effective after the Closing Date in all cases of general applicability to the banking industry:

Appears in 1 contract

Samples: Loan Agreement (Sypris Solutions Inc)

Compensation For Increased Costs and Taxes. In the event that the Banks any Bank shall determine in good faith (which determination deter- mination shall, absent manifest or demonstrable error, be final and conclusive and binding upon both the Borrower and the Banksall parties hereto) that any law, treaty or governmental rule, regulation or order, or any change therein or in the interpretation, administration or application thereof (including the introduction of any new law, treaty or governmental rule, regulation or order), or any determination of a court or governmental authority, in each case that becomes effective effec- tive after the Closing Datedate hereof, or compliance by the Banks such Bank with any guideline, request or directive issued or made after the date hereof by any central bank or other governmental or quasi-governmental govern- mental authority, and which has the force of law and first becomes effective after the Closing Date in all cases of general applicability to the banking industryDate:

Appears in 1 contract

Samples: Loan Agreement (Steel Technologies Inc)

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