Common use of Failure to Borrow Clause in Contracts

Failure to Borrow. The Company shall indemnify and hold harmless each Bank in respect of any funding costs and/or losses in the event that any borrowing notified to the Banks pursuant to Section 3.2, relative to Eurodollar Rate Loans, shall not be consummated because of the Company's failure to satisfy one or more of the applicable conditions precedent in Article 4 or because the Company fails to borrow such Term Loans at the specified time.

Failure to Borrow. The Company shall indemnify and hold harmless each Bank in respect of any funding costs and/or losses in the event that any borrowing notified to the Banks pursuant to Section 3.2. or 3.3., relative to Eurodollar Rate Loans or Competitive Bid Loans, shall not be consummated because of the Company's failure to satisfy one or more of the applicable conditions precedent in Article 4 5. or because the Company fails to borrow such Term Loans at the specified time.

Failure to Borrow. The Company shall indemnify and hold harmless each Bank in respect of any funding costs and/or losses in the event that any borrowing notified to the Banks pursuant to Section 3.22.6, relative to Eurodollar Rate Loans, shall not be consummated because of the Company's failure to satisfy one or more of the applicable conditions precedent in Article 4 III or because the Company fails to borrow such Term Loans at the specified time.

Failure to Borrow. The Company shall indemnify and hold harmless each Bank in respect of any funding costs and/or losses in the event that any borrowing notified to the Banks pursuant to Section 3.2, relative to Eurodollar Rate LoansAdvances, shall not be consummated because of the Company's failure to satisfy one or more of the applicable conditions precedent in Article 4 or because the Company fails to borrow such Term Loans Advances at the specified time.

Failure to Borrow. The Company shall indemnify and hold harmless each Bank in respect of any funding costs and/or losses in the event that any borrowing notified to the Banks pursuant to Section 3.23.2 or 3.3, relative to Eurodollar Rate Loans or Competitive Bid Loans, shall not be consummated because of the Company's failure to satisfy one or more of the applicable conditions precedent in Article 4 V or because the Company fails to borrow such Term Loans at the specified time.