Common use of LIBOR Rate Advances Clause in Contracts

LIBOR Rate Advances. In the case of prepayment of LIBOR Rate Advances, the Borrower shall pay any amounts required to compensate the Lender for any additional losses, costs or expenses which it may reasonably incur as a result of such payment or failure to prepay, including, without limitation, any loss, cost or expense incurred by reason of the liquidation or reemployment of deposits or other funds acquired by the Lender to fund or maintain such Advances.