Common use of Change in Circumstances Clause in Contracts

Change in Circumstances. SECTION 8.01. Basis for Determining Interest Rate Inadequate or Unfair................... 65 SECTION 8.02. Illegality............................... 66 SECTION 8.03. Increased Cost and Reduced Return........ 66 SECTION 8.04. Taxes.................................... 68 SECTION 8.05. Base Rate Loans Substituted for Affected Fixed Rate Loans....................... 70 ARTICLE IX MISCELLANEOUS

Change in Circumstances. SECTION 8.01. Basis for Determining Interest Rate Inadequate or Unfair................... 65 Unfair .....43 SECTION 8.02. Illegality............................... 66 Illegality ...................................................44 SECTION 8.03. Increased Cost and Reduced Return........ 66 Return ............................45 SECTION 8.04. Taxes.................................... 68 Taxes ........................................................46 SECTION 8.05. Base Rate Loans Substituted for Affected Fixed Rate Loans....................... 70 ARTICLE IX MISCELLANEOUSLoans ....48 SECTION 8.06. Substitution of Bank; Termination Option .....................49

Change in Circumstances. 35 SECTION 8.018.1. Basis for Determining Interest Rate Inadequate or Unfair................... 65 ....................................... 35 SECTION 8.028.2. Illegality............................... 66 ..................................................................................... 36 SECTION 8.038.3. Increased Cost and Reduced Return........ 66 .............................................................. 36 SECTION 8.04. Taxes.................................... 68 SECTION 8.058.4. Base Rate Loans Substituted for Affected Fixed Rate Loans....................... 70 ARTICLE IX MISCELLANEOUS................................................. 37 SECTION 8.5. Substitution of Bank........................................................................... 38

Change in Circumstances. SECTION 8.01Section 8.1. Basis for Determining Interest Rate Inadequate or Unfair................... 65 SECTION 8.02..............................................51 Section 8.2. Illegality............................... 66 SECTION 8.03.............................................52 Section 8.3. Increased Cost and Reduced Return........ 66 SECTION 8.04......................52 Section 8.4. Taxes.................................... 68 SECTION 8.05..................................................54 Section 8.5. Base Rate Loans Substituted for Affected Fixed Rate Loans....................... 70 ARTICLE IX MISCELLANEOUS.............................................56 Section 8.6. Substitution of Bank...................................56

Change in Circumstances. 34 SECTION 8.01. Basis for Determining Interest Rate Inadequate or Unfair................... 65 .................................34 SECTION 8.02. Illegality............................... 66 ...............................................................................34 SECTION 8.03. Increased Cost and Reduced Return........ 66 ........................................................35 SECTION 8.04. Taxes.................................... 68 ....................................................................................36 SECTION 8.05. Base Rate Loans Substituted for Affected Fixed Rate Loans....................... 70 ARTICLE IX MISCELLANEOUS................................37 SECTION 8.06. Substitution of Bank.....................................................................37

Change in Circumstances. SECTION 8.01. Basis for Determining Interest Rate Inadequate or Unfair................... 65 ........................48 SECTION 8.02. Illegality............................... 66 ......................................................................49 SECTION 8.03. Increased Cost and Reduced Return........ 66 ...............................................49 SECTION 8.04. Taxes.................................... 68 ...........................................................................51 SECTION 8.05. Base Rate Loans Substituted for Affected Fixed Rate Loans....................... 70 ARTICLE IX MISCELLANEOUS.......................53 SECTION 8.06. Substitution of Bank............................................................53

Change in Circumstances. SECTION 8.0110.01. Basis for Determining Interest Rate Inadequate or Unfair................... 65 .......................................75 SECTION 8.0210.02. Illegality............................... 66 ......................................76 SECTION 8.0310.03. Increased Cost and Reduced Return........ 66 ...............76 SECTION 8.0410.04. Taxes.................................... 68 ...........................................78 SECTION 8.0510.05. Base Rate Loans Substituted for Affected Fixed Rate Loans....................... 70 ......................................80 SECTION 10.06. Borrower's Right to Replace Banks...............80 ARTICLE IX 11 MISCELLANEOUS

Change in Circumstances. SECTION Section 8.01. Basis for Determining Inability to Determine Interest Rate Inadequate or Unfair................... 65 SECTION Rate.................... 39 Section 8.02. Illegality............................... 66 SECTION .............................................. 40 Section 8.03. Increased Cost and Reduced Return........ 66 SECTION ....................... 40 Section 8.04. Taxes.................................... 68 SECTION ................................................... 42 Section 8.05. Base Rate Loans Substituted for Affected Fixed Rate Loans....................... 70 ARTICLE IX MISCELLANEOUS................................................ 43 Section 8.06. Addition, Termination or Substitution of Banks.......... 44

Change in Circumstances. SECTION 8.01. 65 Section 8.01 Basis for Determining Interest Rate Inadequate or Unfair................... .............................. 65 SECTION 8.02. Section 8.02 Illegality............................... ............................................................................ 66 SECTION 8.03. Section 8.03 Increased Cost and Reduced Return........ ..................................................... 66 SECTION 8.04. Taxes.................................... 68 SECTION 8.05. Section 8.04 Base Rate Loans Substituted for Affected Fixed Rate LIBOR Loans....................... 70 .................................. 68 ARTICLE IX MISCELLANEOUS......................................................................... 68

Change in Circumstances. SECTION 8.01. Basis for Determining Interest Rate Inadequate or Unfair................... 65 ...................... 55 SECTION 8.02. Illegality............................... 66 .................................................................... 56 SECTION 8.03. Increased Cost and Reduced Return........ 66 ............................................. 56 SECTION 8.04. Taxes.................................... 68 ......................................................................... 57 SECTION 8.05. Base Rate Loans Substituted for Affected Fixed Rate Loans....................... 70 ARTICLE IX MISCELLANEOUS..................... 60 SECTION 8.06. Substitution of Lender........................................................ 60

Change in Circumstances. SECTION 8.01. Basis for Determining Interest Rate Inadequate or Unfair................... 65 .......70 SECTION 8.02. Illegality............................... 66 .....................................................71 SECTION 8.03. Increased Cost and Reduced Return........ 66 ..............................71 SECTION 8.04. Taxes.................................... 68 ..........................................................74 SECTION 8.05. Base Rate Loans Substituted for Affected Fixed Rate Loans....................... 70 ......76 SECTION 8.06. Substitution of Bank...........................................76 PAGE ---- ARTICLE IX 9 MISCELLANEOUS

Change in Circumstances. SECTION 8.01. Basis for Determining Interest Rate Inadequate or Unfair................... 65 ..........................................53 SECTION 8.02. Illegality............................... 66 ........................................................................................53 SECTION 8.03. Increased Cost and Reduced Return........ 66 .................................................................54 SECTION 8.04. Taxes.................................... 68 .............................................................................................55 SECTION 8.05. Base Rate Loans Substituted for Affected Fixed Rate Loans....................... 70 .........................................57 SECTION 8.06. Substitution of Bank..............................................................................57 ARTICLE IX 9 MISCELLANEOUS

Change in Circumstances. SECTION 8.01. Basis for Determining Interest Rate Inadequate or Unfair................... 65 ................................... 37 SECTION 8.02. Illegality............................... 66 ................................................................................. 37 SECTION 8.03. Increased Cost and Reduced Return........ 66 .......................................................... 38 SECTION 8.04. Taxes.................................... 68 ...................................................................................... 39 SECTION 8.05. Base Rate Loans Substituted for Affected Fixed Rate Loans....................... 70 ARTICLE IX MISCELLANEOUS.................................. 41 PAGE ----

Change in Circumstances. SECTION 8.01Section 8.1. Basis for Determining Interest Rate Inadequate or Unfair................... 65 SECTION 8.02.................................................48 Section 8.2. Illegality............................... 66 SECTION 8.03.............................................49 Section 8.3. Increased Cost and Reduced Return........ 66 SECTION 8.04. Taxes.................................... 68 SECTION 8.05......................50 Section 8.4. Base Rate Loans Substituted for Affected Fixed Rate Loans....................... 70 ARTICLE IX MISCELLANEOUS..................................................52

Change in Circumstances. SECTION 8.01. Basis for Determining Interest Rate Inadequate or Unfair................... 65 .........................................46 SECTION 8.02. Illegality............................... 66 .......................................................................................47 SECTION 8.03. Increased Cost and Reduced Return........ 66 ................................................................47 SECTION 8.04. Taxes.................................... 68 ............................................................................................49 SECTION 8.05. Base Rate Loans Substituted for Affected Fixed Rate Loans....................... 70 ARTICLE IX MISCELLANEOUS........................................50 SECTION 8.06. Substitution of Bank.............................................................................51

Change in Circumstances. SECTION Section 8.01. Basis for Determining Interest Rate Inadequate or Unfair................... 65 SECTION ............................................... 40 Section 8.02. Illegality............................... 66 SECTION ............................................ 41 Section 8.03. Increased Cost and Reduced Return........ 66 SECTION ..................... 42 Section 8.04. Taxes.................................... 68 SECTION ................................................. 43 Section 8.05. Base Rate Loans Substituted for Affected Fixed Rate Loans....................... 70 ARTICLE IX MISCELLANEOUS................................................ 45 Section 8.06. Substitution of Bank.................................. 45

Change in Circumstances. SECTION Section 8.01. Basis for Determining Interest Rate Inadequate or Unfair................... 65 SECTION .......83 Section 8.02. Illegality............................... 66 SECTION .....................................................84 Section 8.03. Increased Cost and Reduced Return........ 66 SECTION ..............................84 Section 8.04. Taxes.................................... 68 SECTION ..........................................................87 Section 8.05. Base Rate Loans Substituted for Affected Fixed Rate Loans....................... 70 ARTICLE IX MISCELLANEOUS....

Change in Circumstances. SECTION 8.01. Basis for Determining Determination Interest Rate Inadequate or Unfair................... 65 ......................................................... 47 SECTION 8.02. Illegality............................... 66 ..................................................... 48 SECTION 8.03. Increased Cost and Reduced Return........ 66 .............................. 48 SECTION 8.04. Taxes.................................... 68 .......................................................... 50 SECTION 8.05. Base Rate Loans Substituted for Affected Fixed Rate Loans....................... 70 ...... 52 SECTION 8.06. Substitution of Bank........................................... 52 ARTICLE IX MISCELLANEOUS9 GUARANTY SECTION 9.01. The Guaranty................................................... 53 SECTION 9.02.

Change in Circumstances. SECTION 25 Section 8.01. Basis for Determining Interest Rate Inadequate or Unfair................... 65 SECTION .....................................25 Section 8.02. Illegality............................... 66 SECTION ...............................................25 Section 8.03. Increased Cost and Reduced Return........ 66 SECTION ........................26 Section 8.04. Taxes.................................... 68 SECTION ....................................................27 Section 8.05. Base Rate Loans Substituted for Affected Fixed Rate Loans....................... 70 .........................................28 Section 8.06. Substitution of Bank.....................................28 ARTICLE IX 9 MISCELLANEOUS...............................................28

Change in Circumstances. SECTION 8.01. Basis for Determining Interest Rate Inadequate or Unfair................... 65 ..........................................53 SECTION 8.02. Illegality............................... 66 Illegality .......................................................................................................53 SECTION 8.03. Increased Cost and Reduced Return........ 66 .................................................................54 SECTION 8.04. Taxes.................................... 68 .............................................................................................55 SECTION 8.05. Base Rate Loans Substituted for Affected Fixed Rate Loans....................... 70 .........................................57 SECTION 8.06. Substitution of Bank..............................................................................57 ARTICLE IX 9 MISCELLANEOUS

Change in Circumstances. SECTION Section 8.01. Basis for Determining Interest Rate Inadequate or Unfair................... 65 SECTION .......................................... 45 Section 8.02. Illegality............................... 66 SECTION ......................................... 45 Section 8.03. Increased Cost and Reduced Return........ 66 SECTION .................. 46 Section 8.04. Taxes.................................... 68 SECTION 8.05. Base Rate Loans Substituted for Affected Fixed Rate Loans....................... 70 ARTICLE IX MISCELLANEOUS...................................... 47 Section 8.05.

Change in Circumstances. SECTION 8.01. Basis for Determining Interest Rate Inadequate or Unfair................... 65 Unfair ................................................ 42 SECTION 8.02. Illegality............................... 66 Illegality ............................................ 43 SECTION 8.03. Increased Cost and Reduced Return........ 66 Return ..................... 43 SECTION 8.04. Taxes.................................... 68 Taxes ................................................. 45 SECTION 8.05. Base Rate Loans Substituted for Affected Fixed Rate Loans....................... 70 ARTICLE IX MISCELLANEOUS.................................................. 47 SECTION 8.06. Substitution of Bank; Termination Option............... 48

Change in Circumstances. SECTION Section 8.01. Basis for Determining Interest Rate Inadequate or Unfair................... 65 SECTION ........................................58 Section 8.02. Illegality............................... 66 SECTION ......................................................................................59 Section 8.03. Increased Cost and Reduced Return........ 66 SECTION ...............................................................60 Section 8.04. Taxes.................................... 68 SECTION ...........................................................................................61 Section 8.05. Base Rate Loans Substituted for Affected Fixed Rate Loans....................... 70 ARTICLE IX MISCELLANEOUS.......................................63 Section 8.06. Substitution of Lenders.........................................................................63

Change in Circumstances. SECTION 8.01. Basis for Determining Interest Rate Inadequate or Unfair................... 65 ..........................................55 SECTION 8.02. Illegality............................... 66 .........................................56 SECTION 8.03. Increased Cost and Reduced Return........ 66 ..................57 SECTION 8.04. Taxes.................................... 68 ..............................................58 SECTION 8.05. Base Rate Loans Substituted for Affected Fixed Rate Loans....................... 70 ......................................60 SECTION 8.06. Substitution of Bank...............................61 ARTICLE IX 9 MISCELLANEOUS

Change in Circumstances. SECTION 8.01. Basis for Determining Interest Rate Inadequate or Unfair................... 65 ............ 36 SECTION 8.02. Illegality............................... 66 .......................................................... 37 SECTION 8.03. Increased Cost and Reduced Return........ 66 ................................... 37 SECTION 8.04. Taxes.................................... 68 ............................................................... 39 SECTION 8.05. Base Rate Loans Substituted for Affected Fixed Rate Loans....................... 70 ........... 40 PAGE ARTICLE IX 9 MISCELLANEOUS

Change in Circumstances. SECTION Section 8.01. Basis for Determining Interest Rate Inadequate or Unfair................... 65 SECTION ........................59 Section 8.02. Illegality............................... 66 SECTION ......................................................................59 Section 8.03. Increased Cost and Reduced Return........ 66 SECTION ...............................................60 Section 8.04. Taxes.................................... 68 SECTION ...........................................................................61 Section 8.05. Base Rate Loans Substituted for Affected Fixed Rate Loans....................... 70 ARTICLE IX MISCELLANEOUS.......................63 Section 8.06. Substitution of Bank............................................................64

Change in Circumstances. SECTION 8.01. Basis for Determining Interest Rate Inadequate or Unfair................... 65 ........................44 SECTION 8.02. Illegality............................... 66 ......................................................................45 SECTION 8.03. Increased Cost and Reduced Return........ 66 ...............................................45 SECTION 8.04. Taxes.................................... 68 ...........................................................................47 SECTION 8.05. Base Rate Loans Substituted for Affected Fixed Rate Loans....................... 70 ARTICLE IX MISCELLANEOUS.......................49 SECTION 8.06. Substitution of Bank............................................................50

Change in Circumstances. SECTION 8.01. Basis for Determining Interest Rate Inadequate or Unfair................... 65 ........................ 74 SECTION 8.02. Illegality............................... 66 ...................................................................... 75 SECTION 8.03. Increased Cost and Reduced Return........ 66 ............................................... 75 SECTION 8.04. Taxes.................................... 68 ........................................................................... 78 SECTION 8.05. Base Rate Loans Substituted for Affected Fixed Rate Loans....................... 70 ARTICLE IX MISCELLANEOUS80 SECTION 8.06. Substitution of Bank............................................................ 81

Change in Circumstances. SECTION 8.01. Basis for Determining Interest Rate Inadequate or Unfair................... 65 ....................................... 72 SECTION 8.02. Illegality............................... 66 ................................................... 73 SECTION 8.03. Increased Cost and Reduced Return........ 66 ............................ 74 SECTION 8.04. Taxes.................................... 68 ........................................................ 75 SECTION 8.05. Base Rate Loans Substituted for Affected Fixed Rate Loans....................... 70 ........................................... 77 ARTICLE IX MISCELLANEOUS

Change in Circumstances. SECTION Section 8.01. Basis for Determining Determination Interest Rate Inadequate or Unfair................... 65 SECTION ................................................................................... 41 Section 8.02. Illegality............................... 66 SECTION ........................................................................ 42 Section 8.03. Increased Cost and Reduced Return........ 66 SECTION ................................................. 42 Section 8.04. Taxes.................................... 68 SECTION ............................................................................. 44 Section 8.05. Base Rate Loans Substituted for Affected Fixed Rate Loans....................... 70 ARTICLE IX MISCELLANEOUS......................... 46 Section 8.06. Substitution of Bank.............................................................. 47

Change in Circumstances. SECTION 8.01. Basis for Determining Interest Rate Inadequate or Unfair................... 65 ........................44 SECTION 8.02. Illegality............................... 66 ......................................................................45 SECTION 8.03. Increased Cost and Reduced Return........ 66 ...............................................45 SECTION 8.04. Taxes.................................... 68 ...........................................................................47 SECTION 8.05. Base Rate Loans Substituted for Affected Fixed Rate Loans....................... 70 ARTICLE IX MISCELLANEOUS.......................48

Change in Circumstances. SECTION Section 8.01. Basis for Determining Interest Rate Inadequate or Unfair................... 65 SECTION ... 46 Section 8.02. Illegality............................... 66 SECTION ................................................. 47 Section 8.03. Increased Cost and Reduced Return........ 66 SECTION .......................... 47 Section 8.04. Taxes.................................... 68 SECTION ...................................................... 49 Section 8.05. Base Rate Loans Substituted for Affected Fixed Rate Loans....................... 70 ARTICLE IX MISCELLANEOUS.. 51 Section 8.06. Substitution Of Bank....................................... 51

Change in Circumstances. SECTION 8.01. Basis for Determining Interest Rate Inadequate or Unfair................... 65 ....50 SECTION 8.02. Illegality............................... 66 ..................................................50 SECTION 8.03. Increased Cost and Reduced Return........ 66 ...........................51 SECTION 8.04. Taxes.................................... 68 SECTION 8.05. Base Alternative Rate Loans Substituted for Affected Fixed Rate Loans....................... 70 ARTICLE IX MISCELLANEOUS.......52 SECTION 8.05. Determination of Alternative Rate; Prepayment of Certain Affected Loans..............................................52 SECTION 8.06. Substitution of Bank........................................53

Change in Circumstances. SECTION 8.01. Basis for Determining Interest Rate Inadequate or Unfair................... 65 ........................47 SECTION 8.02. Illegality............................... 66 ......................................................................48 SECTION 8.03. Increased Cost and Reduced Return........ 66 ...............................................49 SECTION 8.04. Taxes.................................... 68 ...........................................................................50 SECTION 8.05. Base Rate Loans Substituted for Affected Fixed Rate Loans....................... 70 ARTICLE IX MISCELLANEOUS.......................52 SECTION 8.06. Substitution of Bank............................................................53

Change in Circumstances. SECTION 8.01. Basis for Determining Interest Rate Inadequate or Unfair................... 65 Unfair ..... 41 SECTION 8.02. Illegality............................... 66 Illegality ................................................... 41 SECTION 8.03. Increased Cost and Reduced Return........ 66 Return ............................ 42 SECTION 8.04. Taxes.................................... 68 Taxes ........................................................ 43 SECTION 8.05. Base Rate Loans Substituted for Affected Fixed Rate Loans....................... 70 ARTICLE IX MISCELLANEOUSLoans .... 46 SECTION 8.06. Substitution of Bank; Termination Option ..................... 46

Change in Circumstances. SECTION 8.01. Basis for Determining Interest Rate Inadequate or Unfair................... 65 ......75 SECTION 8.02. Illegality............................... 66 ....................................................76 SECTION 8.03. Increased Cost and Reduced Return........ 66 .............................77 SECTION 8.04. Taxes.................................... 68 .........................................................78 SECTION 8.05. Base Rate Loans Substituted for Affected Fixed Rate Loans....................... 70 Rate...........80 ARTICLE IX 9 MISCELLANEOUS

Change in Circumstances. 91 SECTION 8.018.1. Basis for Determining Interest Rate Inadequate or Unfair................... 65 ..................... 91 SECTION 8.028.2. Illegality............................... 66 ................................................................... 91 SECTION 8.038.3. Increased Cost and Reduced Return........ 66 ............................................ 92 SECTION 8.048.4. Taxes.................................... 68 ........................................................................ 94 SECTION 8.058.5. Base Rate Loans Substituted for Affected Fixed Rate TIBOR Loans....................... 70 ......................... 97 ARTICLE IX MISCELLANEOUS.................................................................. 97

Change in Circumstances. SECTION Section 8.01. Basis for Determining Interest Rate Inadequate or Unfair................... 65 SECTION Unfair .. 51 Section 8.02. Illegality............................... 66 SECTION Illegality ................................................ 51 Section 8.03. Increased Cost and Reduced Return........ 66 SECTION Return ......................... 52 Section 8.04. Taxes.................................... 68 SECTION 8.05. Base Rate Loans Substituted for Affected Fixed Rate Loans....................... 70 ARTICLE IX MISCELLANEOUSLoans .................................................... 53

Change in Circumstances. SECTION 8.01. Basis for Determining Interest Rate Inadequate or Unfair................... 65 ........................55 SECTION 8.02. Illegality............................... 66 ......................................................................56 SECTION 8.03. Increased Cost and Reduced Return........ 66 ...............................................57 SECTION 8.04. Taxes.................................... 68 ...........................................................................58 SECTION 8.05. Base Rate Loans Substituted for Affected Fixed Rate Loans....................... 70 .......................60 SECTION 8.06. Substitution of Bank............................................................61 ARTICLE IX 9 MISCELLANEOUS

Change in Circumstances. SECTION 8.01. 69 Section 8.1 Basis for Determining Interest Rate Inadequate or Unfair................... 65 SECTION 8.02. ........................................ 69 Section 8.2 Illegality............................... 66 SECTION 8.03. ...................................................................................... 69 Section 8.3 Increased Cost and Reduced Return........ 66 SECTION 8.04. ............................................................... 70 Section 8.4 Taxes.................................... 68 SECTION 8.05. ........................................................................................... 71 Section 8.5 Alternate Base Rate Loans Substituted for Affected Fixed Rate Euro-Dollar Loans....................... 70 ............................ 73 ARTICLE IX MISCELLANEOUS........................................................................................... 73