Example ContractsClausesillegality; increased costs; deposits not availableIdentical
Illegality; Increased Costs; Deposits Not Available
Illegality; Increased Costs; Deposits Not Available contract clause examples

Increased Costs. If the Bank shall determine that, due to either # the introduction of any change (other than any change by way of imposition of or increase in reserve requirements included in the calculation of the LIBOR Rate) in or in the interpretation of any requirement of law or # the compliance with any guideline or request from any central bank or other governmental authority (whether or not having the force of law), there shall be any increase in the cost to the Bank of agreeing to make or making, funding or maintaining any loans based on LIBOR, then Borrower shall be liable for, and shall from time to time, upon demand therefor by the Bank, pay to the Bank such additional amounts as are sufficient to compensate the Bank for such increased costs.

LIBOR RATE RIDER
Source: SEC EDGAR database • Date: September 7, 2016 • SIC: 4923 • CIK: 4923

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