Common use of Limitations on Additional Compensation Clause in Contracts

Limitations on Additional Compensation. Sections 7.1 and 7.2 will not apply to a Lender with respect to any event, circumstance or change of the nature and kind of which such Lender had actual knowledge on the Closing Date. A Lender will not be entitled to Additional Compensation to the extent such increase in costs or reduction in return is reflected in or recovered by an increase in the interest or other amounts payable hereunder (other than pursuant to Section 7.1). The Borrower will not be obligated to pay any portion of Additional Compensation accruing under Section 7.1 for any period prior to the date which is 120 days prior to the date on which the affected Lender gives notice to the Borrower that such Additional Compensation is so accruing.

Limitations on Additional Compensation. Sections 7.1 11.1 and 7.2 11.2 will not apply to a Lender with respect to any event, circumstance or change of the nature and kind of which such Lender had actual knowledge on the Closing Date. A Lender will not be entitled to Additional Compensation to the extent such increase in costs or reduction in return is reflected in or recovered by an increase in the interest or other amounts payable hereunder (other than pursuant to Section 7.111.1). The Borrower will not be obligated to pay any portion of Additional Compensation accruing under Section 7.1 11.1 for any period prior to the date which is 120 days prior to the date on which the affected Lender gives notice to the Borrower that such Additional Compensation is so accruing.