Common use of Regulatory Changes Clause in Contracts

Regulatory Changes. If in the determination of the Bank ------------------ (a) any Regulatory Change shall directly or indirectly (i) reduce the amount of any sum received or receivable by the Bank with respect to any Loan or the return #90068563. to be earned by the Bank on any Loan, (ii) impose a cost on the Bank or any Affiliate of the Bank that is attributable to the making or maintaining of, or the Bank's commitment to make, any Loan, (iii) require the Bank or any Affiliate of the Bank to make any payment on or calculated by reference to the gross amount of any amount received by the Bank under any Loan Document or (iv) reduce, or have the effect of reducing, the rate of return on any capital of the Bank or any Affiliate of the Bank that the Bank or such Affiliate is required to maintain on account of any Loan or the Bank's commitment to make any Loan and (b) such reduction, increased cost or payment shall not be fully compensated for by an adjustment in the applicable rates of interest payable under the Loan Documents, then the Borrower shall pay to the Bank such additional amounts as the Bank determines will, together with any adjustment in the applicable rates of interest payable hereunder, fully compensate for such reduction, increased ' cost or payment. Such additional amounts shall be payable, in the case of those applicable to prior periods, within fifteen (15) days after request by such Bank for such payment and, in the case of those applicable to future periods, on the dates specified, or determined in accordance with a method specified, by the Bank. The Bank will promptly notify the Borrower of any determination made by it referred to in clauses (a) and (b) above, but the failure to give such notice shall not affect the Bank's right to compensation. #90068563.

Appears in 2 contracts

Samples: Credit Agreement (Tsi International Software LTD), Credit Agreement (Tsi International Software LTD)

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Regulatory Changes. If in the determination of the any Bank ------------------ (a) any Regulatory Change Enacted after the Effective Date shall directly or indirectly (i) reduce the amount of any sum received or receivable by the such Bank with respect to any Loan or the return #90068563. to be earned by the such Bank on any Loan, (ii) impose a cost on the such Bank or any Affiliate of the such Bank that is attributable to the making or maintaining of, or the such Bank's commitment Commitment to make, any Loan, (iii) require the such Bank or any Affiliate of the such Bank to make any payment on or calculated by reference to the gross amount of any amount received by the such Bank under any Loan Document or (iv) reduce, or have the effect of reducing, the rate of return on any capital of the such Bank or any Affiliate of the such Bank that the such Bank or such Affiliate is required to maintain on account of any Loan or the such Bank's commitment Commitment to make any Loan and (b) such reduction, increased cost or payment shall not be fully compensated for by an adjustment in the applicable rates of interest payable under the Loan Documents, then the Borrower shall pay to the such Bank such additional amounts as the such Bank determines will, together with any adjustment in the applicable rates of interest payable hereunder, fully compensate for such reduction, increased ' cost or payment. Such additional amounts shall be payable, in the case of those applicable to prior periods, within fifteen (15) 15 days after request by such Bank for such payment and, in the case of those applicable to future periods, on the dates specified, or determined in accordance with a method specified, by the such Bank. The Each Bank will promptly notify the Borrower of any determination made by it referred to in clauses (a) and (b) above, but the failure to give such notice shall not affect the such Bank's right to compensation. #90068563.

Appears in 2 contracts

Samples: Credit Agreement (Resource Bancshares Mortgage Group Inc), Credit Agreement (Resource Bancshares Mortgage Group Inc)

Regulatory Changes. If in the reasonable determination of the any Bank ------------------ (a) any Regulatory Change Enacted after the Agreement Date shall directly or indirectly (i) reduce the amount of any sum received or receivable by the such Bank with respect to any Loan or the return #90068563. to be earned by the such Bank on any Loan, (ii) impose a cost on the such Bank or any Affiliate of the such Bank that is attributable to the making making, funding or maintaining of, or the such Bank's commitment to make, any Loan, (iii) require the such Bank or any Affiliate of the such Bank to make any payment on or calculated by reference to the gross amount of any amount received by the such Bank under any Loan Document or (iv) reduce, or have the effect of reducing, the rate of return on any capital of the such Bank or any Affiliate of the such Bank that the such Bank or such Affiliate is required to maintain on account of any Loan or the such Bank's commitment to make any Loan and (b) such reduction, increased cost or payment shall not be fully compensated for by an adjustment in the applicable rates of interest payable under the Loan Documents, then the Borrower shall pay to the such Bank such additional amounts as the such Bank reasonably determines will, together with any adjustment in the applicable rates of interest payable hereunder, fully compensate for such reduction, increased ' cost or payment. Such additional amounts shall be payable, in the case of those applicable to prior periods, within fifteen (15) 15 days after request by such Bank for such payment and, in the case of those applicable to future periods, on the dates specified, or determined in accordance with a method specified, by the such Bank. The Each Bank will promptly notify the Borrower of any determination made by it referred to in clauses (a) and (b) above, but the failure to give such notice shall not affect the such Bank's right to compensation. #90068563.

Appears in 2 contracts

Samples: Credit Agreement (Reinsurance Group of America Inc), Credit Agreement (Reinsurance Group of America Inc)

Regulatory Changes. If in the good faith determination of the Bank ------------------ (a) any Regulatory Change shall directly or indirectly (i) reduce the amount of any sum received or receivable by the Bank with respect to any Loan or the return #90068563. to be earned by the Bank on any Loan, (ii) impose a cost on the Bank or any Affiliate of the Bank that is attributable to the making or maintaining of, or the Bank's ’s commitment to make, any Loan, (iii) require the Bank or any Affiliate of the Bank to make any payment on or calculated by reference to the gross amount of any amount received by the Bank under any Loan Document or (iv) reduce, or have the effect of reducing, the rate of return on any capital of the Bank or any Affiliate of the Bank that the Bank or such Affiliate is required to maintain on account of any Loan or the Bank's ’s commitment to make any Loan and (b) such reduction, increased cost or payment shall not be fully compensated for by an adjustment in the applicable rates of interest payable under the Loan Documents, then the Borrower shall pay to the Bank such additional amounts as the Bank reasonably determines will, together with any adjustment in the applicable rates of interest payable hereunder, fully compensate for such reduction, increased ' cost or payment. Such additional amounts shall be payable, in the case of those applicable to prior periods, within fifteen (15) 15 days after request by such Bank for such payment and, in the case of those applicable to future periods, on the dates specified, or determined in accordance with a method specified, by the Bank. The Bank will promptly notify the Borrower of any determination made by it referred to in clauses (a) and (b) above, but the failure to give such notice shall not affect the Bank's ’s right to compensation. #90068563.

Appears in 1 contract

Samples: Credit Agreement (Ocular Sciences Inc /De/)

Regulatory Changes. If in the determination of the Bank ------------------ (a) any Regulatory Change shall directly or indirectly (i) reduce the amount of any sum received or receivable by the Bank with respect to any Loan or the return #90068563. to be earned by the Bank on any Loan, (ii) impose a cost on the Bank or any Affiliate of the Bank that is attributable to the making or maintaining of, or the Bank's ’s commitment to make, any Loan, (iii) require the Bank or any Affiliate of the Bank to make any payment on or calculated by reference to the gross amount of any amount received by the Bank under any Loan Document or (iv) reduce, or have the effect of reducing, the rate of return on any capital of the Bank or any Affiliate of the Bank that the Bank or such Affiliate is required to maintain on account of any Loan or the Bank's ’s commitment to make any Loan and (b) such reduction, increased cost or payment shall not be fully compensated for by an adjustment in the applicable rates of interest payable under the Loan Documents, then the Borrower shall pay to the Bank such additional amounts as the Bank reasonably determines will, together with any adjustment in the applicable rates of interest payable hereunder, fully compensate for such reduction, increased ' cost or payment. Such additional amounts shall be payable, in the case of those applicable to prior periods, within fifteen (15) 15 days after request by such Bank for such payment and, in the case of those applicable to future periods, on the dates specified, or determined in accordance with a method specified, by the Bank. The Bank will promptly notify the Borrower of any determination made by it referred to in clauses (a) and (b) above, but the failure to give such notice shall not affect the Bank's ’s right to compensation. #90068563.

Appears in 1 contract

Samples: Credit Agreement (Cymer Inc)

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Regulatory Changes. If in the determination of the any Bank ------------------ (a) any Regulatory Change Enacted after the Agreement Date shall directly or indirectly (i) reduce the amount of any sum received or receivable by the such Bank with respect to any Eurodollar Rate Loan or Bid Rate Loan or the return #90068563. to be earned by the such Bank on any such Loan, (ii) impose a cost on the such Bank or any Affiliate of the such Bank that is attributable to the making making, funding or maintaining of, or the such Bank's commitment to make, any Loan, such Loan or (iii) require the such Bank or any Affiliate of the such Bank to make any payment on or calculated by reference to the gross amount of any amount received by the such Bank under any Loan Document or (iv) reduce, or have the effect of reducing, the rate of return on any capital of the Bank or any Affiliate of the Bank that the Bank or such Affiliate is required to maintain on account of any Loan or the Bank's commitment to make any Loan and (b) such reduction, increased cost or payment shall not be fully compensated for by an adjustment in the applicable rates of interest payable under the Loan Documents, then the applicable Borrower shall pay to the such Bank such additional amounts as the such Bank determines will, together with any adjustment in the applicable rates of interest payable hereunder, fully compensate for such reduction, increased ' cost or payment. Such additional amounts shall be payable, in the case of those applicable to prior periods, within fifteen (15) 15 days after request by such Bank for such payment and, in the case of those applicable to future periods, on the dates specified, or determined in accordance with a method specified, by the such Bank. The Each Bank will promptly notify the applicable Borrower of any determination made by it referred to in clauses (a) and (b) above, but the failure to give such notice shall not affect the such Bank's right to compensation. #90068563.

Appears in 1 contract

Samples: Credit Agreement (Eastern Utilities Associates)

Regulatory Changes. If in the determination of the any Bank ------------------ (a) any Regulatory Change Enacted after the Agreement Date shall directly or indirectly (i) reduce the amount of any sum received or receivable by the such Bank with respect to any Loan or the return #90068563. to be earned by the such Bank on any Loan, (ii) impose a cost on the such Bank or any Affiliate of the such Bank that is attributable to the making making, funding or maintaining of, or the such Bank's commitment to make, any Loan, (iii) require the such Bank or any Affiliate of the such Bank to make any payment on or calculated by reference to the gross amount of any amount received by the such Bank under any Loan Document or (iv) reduce, or have the effect of reducing, the rate of return on any capital of the such Bank or any Affiliate of the such Bank that the such Bank or such Affiliate is required to maintain on account of any Loan or the such Bank's commitment to make any Loan and (b) such reduction, increased cost or payment shall not be fully compensated for by an adjustment in the applicable rates of interest payable under the Loan Documents, then the Borrower shall pay to the such Bank such additional amounts as the such Bank determines will, together with any adjustment in the applicable rates of interest payable hereunder, fully compensate for such reduction, increased ' cost or payment. Such additional amounts shall be payable, in the case of those applicable to prior periods, within fifteen (15) 15 days after request by such Bank for such payment and, in the case of those applicable to future periods, on the dates specified, or determined in accordance with a method specified, by the such Bank. The Each Bank will promptly notify the Borrower of any determination made by it referred to in clauses (a) and (b) above, but the failure to give such notice shall not affect the such Bank's right to compensation. #90068563.

Appears in 1 contract

Samples: Aes Eastern Energy Lp

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