Increased cost claims. (a) A Finance Party intending to make a claim pursuant to Clause 13.1 (Increased costs) shall notify the Agent of the event giving rise to the claim, following which the Agent shall promptly notify the Borrower. The Borrower shall not be required to compensate a Lender pursuant to Clause 13 (Increased costs) for any amounts incurred more than six months prior to the date the Borrower receives notification of such claim; provided, that if the circumstances giving rise to such claim have a retroactive effect, then such six month period shall be extended to include the period of such retroactive effect.
Appears in 3 contracts
Samples: Agreement (Bunge LTD), Agreement (Bunge LTD), Agreement (Bunge LTD)
Increased cost claims. (a) A Finance Party intending to make a claim pursuant to Clause 13.1 14.1 (Increased costs) shall notify the Agent of the event giving rise to the claim, following which the Agent shall promptly notify the Borrower. The Borrower shall not be required to compensate a Lender pursuant to Clause 13 14 (Increased costs) for any amounts incurred more than six months prior to the date the Borrower receives notification of such claim; provided, that if the circumstances giving rise to such claim have a retroactive effect, then such six month period shall be extended to include the period of such retroactive effect.
Appears in 2 contracts
Samples: Agreement (Bunge LTD), Facilities Agreement (Bunge LTD)
Increased cost claims. (a) A Finance Party intending to make a claim pursuant to Clause 13.1 15.1 (Increased costs) shall notify the Agent of the event giving rise to the claim, following which the Agent shall promptly notify the Borrower. The Borrower shall not be required to compensate a Lender pursuant to Clause 13 15 (Increased costs) for any amounts incurred more than six months prior to the date the Borrower receives notification of such claim; provided, that if the circumstances giving rise to such claim have a retroactive effect, then such 52 six month period shall be extended to include the period of such retroactive effect.
Appears in 1 contract
Samples: Agreement (Bungeltd)
Increased cost claims. (a) A Finance Party intending to make a claim pursuant to Clause 13.1 15.1 (Increased costs) shall notify the Agent of the event giving rise to the claim, following which the Agent shall promptly notify the Borrower. The Borrower shall not be required to compensate a Lender pursuant to Clause 13 15 (Increased costs) for any amounts incurred more than six months prior to the date the Borrower receives notification of such claim; provided, that if the circumstances giving rise to such claim have a retroactive effect, then such six month period shall be extended to include the period of such retroactive effect.
Appears in 1 contract
Samples: Agreement (Bunge Global SA)