Early Termination of LIBOR Periods Sample Clauses

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Early Termination of LIBOR Periods. If the Borrower requests, as herein permitted, that a Lender arrange for early termination of any LIBOR Based Loan, the Borrower will pay to the affected Lenders all expenses and out-of-pocket costs incurred by such Lenders as a result of the early termination of the LIBOR Based Loan, including expenses and out-of-pocket costs incurred due to early redemption of offsetting deposits. If in the sole discretion of such Lenders, acting reasonably, any such early termination cannot be effected, the LIBOR Based Loan will not be terminated and the Borrower will continue to pay interest to such Lenders, at the rate per annum applicable to such LIBOR Based Loan for the remainder of the applicable LIBOR Period. A written statement of the Agent as to the amount and nature of such expenses and out-of-pocket costs will be prima facie evidence of the amount thereof.
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Early Termination of LIBOR Periods. If the early termination of any LIBOR Advance is required hereunder, the Borrower will pay to the applicable Lenders all reasonable expenses and out-of-pocket costs incurred by such Lenders as a result of the early termination of the LIBOR Advance, including expenses and out-of-pocket costs incurred due to early redemption of offsetting deposits. If, in the sole discretion of a Lender, acting reasonably, any such early termination cannot be effected, the LIBOR Advance will not be terminated and the Borrower will continue to pay interest to the applicable Lenders, at the rate per annum applicable to such LIBOR Advance for the remainder of the applicable LIBOR Period. A written statement of the Agent as to the aggregate amount of such expenses and out-of-pocket costs shall be prima facie evidence of the amount thereof.
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Early Termination of LIBOR Periods. 20 5.3 Inability to Make LIBOR Loans.............................................20 5.4 Changes in Circumstances..................................................21 5.5 Indemnity.................................................................21
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Early Termination of LIBOR Periods. To the extent that the Lender is required to arrange for early termination of any LIBOR Period or to arrange to acquire funds for any period other than a LIBOR Period to permit the Borrower to repay any Accommodation obtained by it under the Swing Line Credit, the Borrower shall reimburse the Lender for all reasonable losses and out-of-pocket expenses incurred by it as a result of the early termination of the LIBOR Period in question or as a result of entering into the new arrangement to the extent that such losses and expenses result from such payment. If any such early termination or new arrangement cannot be effected by the Lender, the Borrower shall continue to pay interest to the Lender in U.S. Dollars, at the LIBOR Rate specified under this Agreement on an amount of U.S. Dollars equal to the amount of the principal repayment for the remainder of the then current LIBOR Period. For the purpose of calculating such losses and out-of-pocket expenses, a certificate of the Lender setting out particulars of the calculation of such amounts shall, in the absence of manifest error, be prima facie evidence thereof.
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Early Termination of LIBOR Periods. 18- 8.3 Inability to Make LIBOR Based Loans or Canadian Eurodollar Loans . -19- ARTICLE 9 BANKERS' ACCEPTANCES 9.1 Creation of Bankers' Acceptances . . . . . . . . . . . . . . . . . -19- 9.2 Terms of Acceptance by the Canadian Resident Lenders . . . . . . . -20- (a) Delivery and Payment . . . . . . . . . . . . . . . . . . . -20- (b) No Liability . . . . . . . . . . . . . . . . . . . . . . . -20- (c) Bankers' Acceptances Purchased by Lenders . . . . . . . . . -20- (d) Marketing . . . . . . . . . . . . . . . . . . . . . . . . . -20- (e) Power of Attorney . . . . . . . . . . . . . . . . . . . . . -20- 9.3 General Mechanics . . . . . . . . . . . . . . . . . . . . . . . . . -20- (a) Notice . . . . . . . . . . . . . . . . . . . . . . . . . . -20- (b) Rollovers . . . . . . . . . . . . . . . . . . . . . . . . . -21- (c) Conversion from Canadian Dollar Accommodation . . . . . . . -21- (d) Conversion to Canadian Dollar Accommodation . . . . . . . . -21- (e) Conversion from or to U.S. Dollar Accommodation . . . . . . -22- (f) Authorization . . . . . . . . . . . . . . . . . . . . . . . -22- 9.4 Execution of Bankers' Acceptances . . . . . . . . . . . . . . . . . -22- 9.5 Escrowed Funds . . . . . . . . . . . . . . . . . . . . . . . . . . -22- ARTICLE 10 INCREASED COSTS AND WITHHOLDING TAX 10.1 Increased Costs Due to Changes in Law . . . . . . . . . . . . . . . -23- 10.2 Changes in Circumstances . . . . . . . . . . . . . . . . . . . . . -23- 10.3 Withholding Tax . . . . . . . . . . . . . . . . . . . . . . . . . . -24- (a) Indemnity . . . . . . . . . . . . . . . . . . . . . . . . . -24- (b) Credits or Refunds . . . . . . . . . . . . . . . . . . . . -25- (c) Contesting Taxes . . . . . . . . . . . . . . . . . . . . . -25- 5 -iv-
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Related to Early Termination of LIBOR Periods

  • Early Termination of Agreement This agreement may be terminated at any time upon a thirty (30) day written notice from either party, and without fault or claim for damages by either party.

  • Early Termination In the absence of any material breach of this Agreement, should the Trust elect to terminate this Agreement prior to the end of the term, the Trust agrees to pay the following fees: a. all monthly fees through the life of the contract, including the rebate of any negotiated discounts; b. all fees associated with converting services to successor service provider; c. all fees associated with any record retention and/or tax reporting obligations that may not be eliminated due to the conversion to a successor service provider; d. all out-of-pocket costs associated with a-c above.

  • Payment on Early Termination Upon termination pursuant to Section 14 (Early Termination), District shall pay Contractor as follows: (i) If District terminates this Contract for its convenience under Section 14(a) or 14(b), then District must pay Contractor for work performed before the termination date if and only if Contractor performed in accordance with this Contract. District shall not be liable for any direct, indirect, or consequential damages. Termination by District shall not constitute a waiver of any other claim District may have against Contractor. (ii) If Contractor terminates this Contract under Section 14(c) due to District’s breach, then District shall pay Contractor for work performed before the termination date if and only if Contractor performed in accordance with this Contract. (iii) If District terminates this Contract under Sections 14(c) or 14(d) due to Contractor’s breach, then District must pay Contractor for work performed before the termination date less any setoff to which District is entitled and if and only if Contractor performed such work in accordance with this Contract.

  • Automatic Early Termination provision of Section 6(a) will not apply to Party A and will not apply to Party B.

  • Early Termination of Services Termination at any time upon 90 days’ prior written notice. Following the written notice period and coinciding with the early termination by the Recipient of any Service(s) in this Schedule, Early Termination Fees equal to 75% of the monthly cost of such terminated Services shall be charged to Recipient monthly until the earlier of (i) three (3) months after termination or (ii) the expiration of the Term of this Schedule. Recipient: Mead Johnson Nutrition (Poland) Sp. z.o.o Provider: Bristol-Myers Squibb Sp. z o.o. Point of Contact, Recipient: Leanne Metz Point of Contact, Provider: Alison Hughes Payment Terms: All payments due within thirty (30) days of receipt of invoice by Recipient.