Additional Amounts Payable Sample Clauses

Additional Amounts Payable. The Obligor shall pay the following amounts to the following persons, all as “Additional Payments” under this Loan Agreement: (a) If at any time that the Bonds are outstanding an Event of Taxability occurs, the Obligor shall within thirty (30) days of the date of the Event of Taxability (i) pay to the Trustee for deposit in the Bond Fund one hundred percent (100%) of the unpaid installments owing on the Note pursuant to this Loan Agreement plus accrued interest to the date of redemption of the Bonds in accordance with Article III of the Indenture, or (ii) commence payment of interest on the Note at the Taxable Rate. Provided, however, that this subsection (a) shall be applicable only as to a Bondowner or Bondowners with respect to whom an Event of Taxability has occurred and only after the Obligor shall have had the opportunity to exercise applicable rights of contest, if any, granted to it pursuant to Section 3.4(c). (b) Within thirty days after the occurrence of an Event of Taxability, whether such Event of Taxability occurs before or after payment of the Bonds, the Obligor shall pay: (i) to the Trustee for deposit in the Bond Fund the amount equal to the difference between the sum necessary to yield an interest rate on the unpaid principal balance of any Bond as to which an Event of Taxability has occurred, from the Date of Taxability until the date on which the Issuer commences paying interest at the Taxable Rate, equal to the Taxable Rate less the amount of interest actually paid on the Bonds from the Date of Taxability to the date the Obligor commences paying interest at the Taxable Rate; plus (ii) to the owners and former owners of any Bond as to which an Event of Taxability has occurred, an amount equal to the amount of any Additions to Tax, which are payable by such Bondowners to the United States or any state or local government as a consequence of the failure to include the interest or any amount in respect of interest on the Bond in the Federal Gross Income of such Bondowners and which are deductible by such Bondowners for Federal income tax purposes; plus (iii) to the owners and former owners of any Bond as to which an Event of Taxability has occurred, an amount equal to the amount of any Additions to Tax which are payable by such Bondowners to the United States or any state or local government after payment of all Federal, state or local taxes required to be paid by such Bondowners in respect of the receipt thereof, as a consequence of the fa...

Additional Amounts Payable. If any change or the enactment, adoption or judicial or administrative interpretation of any law, regulation, treaty, guideline or directive (including, without limitation, Regulation D of the Board of Governors of the Federal Reserve System) either (a) subject FHI to any additional tax, duty, charge, deduction or withholding with respect to any of the Loans (other than a tax measure by the net or gross income of FHI), or (b) imposes or increases any reserve, special deposit or similar requirement on account of any of the Loans not otherwise provided in this Agreement or (c) imposes increased minimum capital requirements on FHI on account of its issuing or maintaining any of the Loans; and if any of the foregoing (i) results in any increase to FHI in the cost of issuing or maintaining any of the Loans, or making any payment on account of any of the Loans, (ii) reduces the amount of any payment receivable by FHI under this Agreement with respect to any of the Loans, (iii) requires FHI to make any payment calculated by reference to the gross amount of any sum received or paid by FHI pursuant to any of the Loans, or (iv) reduces the rate of return on FHI's capital to a level below that which FHI could otherwise have achieved (taking into consideration FHI's policies with respect to capital adequacy), then the Company shall pay to FHI, as additional compensation for the Loans, such amounts as will compensate FHI for such increased costs, payments or reductions. Within twenty (20) days after (A) the initial demand therefor and (b) presentation by FHI of a certificate to the Company containing a statement of the cause of such increased costs, payments or reductions and a calculation of the amounts thereof (which statement and calculation shall be presumed prima facie to be correct), the Company shall pay the additional amount payable measured from the date such change, enactment, adoption or interpretation first affects the FHI.

Additional Amounts Payable. If any change or the enactment, adoption or judicial or administrative interpretation of any law, regulation, treaty, guideline or directive (including, without limitation, Regulation D of the Board) either (a) subjects the Bank to any additional tax, duty, charge, deduction or withholding with respect to the Loan (other than a tax measured by the net or gross income of the Bank), or (b) imposes or increases any reserve, special deposit or similar requirement on account of the Loan not otherwise provided in this Agreement or (c) imposes increased minimum capital requirements on the Bank on account of its issuing or maintaining the Loan; and if any of the foregoing (i) results in any increase to the Bank in the cost of issuing or maintaining the Loan, or making any payment on account of the Loan, (ii) reduces the amount of any payment receivable by the Bank under this Agreement with respect to the Loan, (iii) requires the Bank to make any payment calculated by reference to the gross amount of any sum received or paid by the Bank pursuant to the Loan, or (iv) reduces the rate of return on the Bank's capital to a level below that which the Bank could otherwise have achieved (taking into consideration the Bank's policies with respect to capital adequacy), then the Company shall pay to the Bank, as additional compensation for the Loan, such amounts as will compensate the Bank for such increased costs, payments or reductions. Within twenty (20) days after (A) the initial demand therefor and (B) presentation by the Bank of a certificate to the Company containing a statement of the cause of such increased costs, payments or reductions and a calculation of the amounts thereof (which statement and calculation shall be presumed prima facie to be correct, absent demonstrative or manifest error), the Company shall pay the additional amounts payable, measured from the date such change, enactment, adoption or interpretation first affects the Bank.

Additional Amounts Payable. If any change or the enactment, adoption or judicial or administrative interpretation of any law, regulation, treaty, guideline or directive (including, without limitation, Regulation D of the Board of Governors of the Federal Reserve System) either (a) subjects Bank to any additional tax, duty, charge, deduction or withholding with respect to any of the Lines of Credit (other than a tax measured by the net or gross income of Bank), or (b) imposes or increases any reserve, special deposit or similar requirement on account of any of the Lines of Credit not otherwise provided in this Agreement or (c) imposes increased minimum capital requirements on Bank on account of its issuing or maintaining any of the Lines of Credit; and if any of the foregoing (i) results in an increase to Bank in the cost of issuing or maintaining the Lines of Credit, or making any payment on account of the Lines of Credit, (ii) reduces the amount of any payment receivable by Bank under this Agreement with respect to any of the Lines of Credit, (iii) requires Bank to make any payment calculated by reference to the gross amount of any sum received or paid by Bank pursuant to any of the Lines of Credit, or (iv) reduces the rate of return on Bank’s capital to a level below that which Bank could otherwise have achieved (taking into consideration Bank’s policies with respect to capital adequacy), then Borrower shall pay to Bank, as additional compensation for the Lines of Credit, such amounts as will compensate Bank for such increased cost, payment or reduction. Within twenty (20) days after (A) the initial demand therefor and (B) presentation by Bank of a certificate to Borrower containing a statement of the cause of such increased cost, payment or reduction and a calculation of the amount thereof (which statement and calculation shall be presumed prima facie to be correct absent manifest error), Borrower shall pay the additional amount payable measured from the date such change, enactment, adoption or interpretation first affects Bank.

Additional Amounts Payable. Any Lender claiming any additional amounts payable pursuant to this Section 2.11 agrees to use reasonable efforts (consistent with its internal policy and legal and regulatory restrictions) to change the jurisdiction of its applicable lending office if the making of such a change would avoid the need for, or reduce the amount of, any such additional amounts that may thereafter accrue and would not, in the judgment of such Lender, be otherwise disadvantageous to such Lender.

Additional Amounts Payable. Each year we may apportion and pay dividends or additional interest under any method of payment.

Additional Amounts Payable. 30 Section 9.21 Bank Not in Control...........................................31 SECTION 9.22

Additional Amounts Payable. If any change or the enactment, adoption or judicial or administrative interpretation of any law, regulation, treaty, guideline or directive (including, without limitation, Regulation D of the Board): (1) subjects Lender to any additional tax, duty, charge, deduction or withholding with respect to the Loans (other than a tax measured by the net or gross income of Lender); (2) imposes or increases any reserve, special deposit or similar requirement on account of the Loans not otherwise provided in this Agreement; or (3) imposes increased minimum capital requirements on Lender on account of its issuing or maintaining the Loans; and if any of the foregoing (A) results in any increase to Lender in the cost of issuing or maintaining the Loans, or making any payment on account of the Loans, (B) reduces the amount of any payment receivable by Lender under this Agreement with respect to the Loans, (C) requires Lender to make any payment calculated by reference to the gross amount of any sum received or paid by Lender pursuant to the Loans, or (D) reduces the rate of return on Lender's capital to a level below that which Lender could otherwise have achieved (taking into consideration Lender's policies with respect to capital adequacy), then Borrower shall pay to Lender, as additional compensation for the Loans, such amounts as will compensate Lender for such increased costs, payments or reductions. Within twenty (20) days after Lender's initial demand therefor and presentation by Lender of a certificate to Borrower containing a statement of the cause of such increased costs, payments or reductions and a calculation of the amounts thereof (which statement and calculation shall be presumed prima facie to be correct), Borrower shall pay the additional amount payable measured from the date such change, enactment, adoption or interpretation first affects Lender.

Additional Amounts Payable. 28 3.e. Place and Application of Payments -- Calculation of Interest..................................................29 3.f. Presentment and Collection.................................29 3.g. Proceeds of the Floating Rate Notes........................29 3.h. Cancellation Fee...........................................29