Common use of Increase in Cost Clause in Contracts

Increase in Cost. If the result of any change in or introduction of or in the interpretation of any Law or any regulation or practice, including without limitation those relating to taxation, capital adequacy, liquidity, prudential limits, reserve assets, cash ratio deposits and special deposits has the effect of increasing the cost or expenses on the Lender in making available all or part of the Facility under this Agreement, the Borrower(s) shall on demand by the Lender, pay such additional cost or Expenses so incurred within 15 (Fifteen) Business Days of the date of such demand.