|
|
 | | | |
- close
- close
- close
- close
| |||||||||
This excerpt taken from the WEN 8-K filed Jan 16, 2009. Risk-Based Capital
Guidelines” means (i) the risk-based capital guidelines in effect in the
United States on the Closing Date, including transition rules, and (ii) the
corresponding capital regulations promulgated by regulatory authorities outside
the United States implementing the July 1988 report of the Basle Committee on
Banking Regulation and Supervisory Practices Entitled “International Convergence
of Capital Measurements and Capital Standards,” including transition rules, and
any amendments to such regulations adopted (and adopted by or applicable to such
Lender) prior to the Closing Date or implementing the November 2005 report of
the Basle Committee on Banking Regulation and Supervisory Practices Entitled
“International Convergence of Capital Measurements and Capital Standards - A
Revised Framework,” including transition rules, and any amendments to such
regulations adopted (and adopted by or applicable to such Lender) prior to the
Closing Date.
4.3. Availability of Types of
Advances.
4.3.1 If
any Lender determines that maintenance of its Eurodollar Loans at a suitable
Lending Installation would violate any applicable law, rule, regulation, or
directive, whether or not having the force of law; or
4.3.2 if
the Required Lenders determine that deposits of a type and maturity appropriate
to match fund Eurodollar Advances are not available,
then the Agent shall suspend the availability of Eurodollar
Advances and require any affected Eurodollar Advances to be repaid or converted
to Floating Rate Advances on the respective last days of the then current
Interest Periods with respect to such Loans or within such earlier period as
required by law, subject to the payment of any funding indemnification amounts
required by Section
4.4.
4.4. Funding
Indemnification. If
any payment of a Eurodollar Advance occurs on a date which is not the last day
of the applicable Interest Period, whether because of acceleration, prepayment
or otherwise, or a Eurodollar Advance is not made or continued, or a Floating
Rate Advance is not converted into a Eurodollar Advance, in any such case, on
the date specified by the Borrower for any reason other than default by the
Agent or the Lenders, or a Eurodollar Advance is not prepaid on the date
specified by the Borrower for any reason, the Borrower will indemnify each
Lender for any loss or cost incurred by it resulting therefrom, including,
without limitation, any loss or cost in liquidating or employing deposits
acquired to fund or maintain such Eurodollar Advance.
4.5. Taxes.
4.5.1 Subject
to Section
4.5.6, all payments by the Borrower to or for the account of any
Lender or the Agent hereunder or under any Note shall be made free and clear of
and without deduction for any and all Taxes. If the Borrower shall be
required by law to deduct any Taxes from or in respect of any sum payable
hereunder to any Lender or the Agent, (a) subject to Section
4.5.6, the sum payable shall be increased as necessary so that
after making all required deductions (including deductions applicable to
additional sums payable under this Section
4.5) such Lender or the Agent (as the case may be) receives an
amount equal to the sum it would have received had no such deductions been made,
(b) the Borrower shall make such deductions, (c) the Borrower shall pay the full
amount deducted to the relevant authority in accordance with applicable law and
(d) the Borrower shall furnish to the Agent the original or a certified copy of
a receipt evidencing payment thereof (or such other proof of payment reasonably
acceptable to the Agent) within thirty (30) days after such payment is
made.
4.5.2 In
addition, the Borrower shall pay any present or future stamp or documentary
taxes and any other excise or property taxes, charges or similar levies which
arise from any payment made hereunder or under any Note or from the execution or
delivery of, or otherwise with respect to, this Agreement or any Note (“ |
| |||||||
