Reserve Requirement. For any LIBOR Loans for any Interest Period (or, as ------------------- the case may be, shorter period), the average maximum rate at which reserves (including marginal, supplemental or emergency reserves, if any) are required to be maintained during such period under Regulation D by member banks of the Federal Reserve System in Boston, Massachusetts with deposits exceeding one billion dollars against "Eurocurrency liabilities" (as such term is used in Regulation D). Without limiting the effect of the foregoing, the Reserve Requirement shall reflect any other reserves required to be maintained by such member banks by reason of any Regulatory Change against: (i) any category of liabilities which includes deposits by references to which the Adjusted LIBOR Rate is to be determined as provided in the definition of "Adjusted LIBOR Rate", as applicable, in this Section 1, or (ii) any category of extensions of credit or other assets which include LIBOR Loans.
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Reserve Requirement. For any LIBOR Loans for any Interest Period (or, ------------------- as ------------------- the case may be, shorter period), the average maximum rate at which reserves (including marginal, supplemental or emergency reserves, if any) are required to be maintained during such period under Regulation D by member banks of the Federal Reserve System in Boston, Massachusetts with deposits exceeding one billion dollars against "Eurocurrency liabilities" (as such term is used in Regulation D). Without limiting the effect of the foregoing, the Reserve Requirement shall reflect any other reserves required to be maintained by such member banks by reason of any Regulatory Change against: (i) any category of liabilities which includes deposits by references to which the Adjusted LIBOR Rate is to be determined as provided in the definition of "Adjusted LIBOR Rate", as applicable, in this Section 1, or (ii) any category of extensions of credit or other assets which include LIBOR Loans.
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