Increased costs clause

From ACT Wiki
Revision as of 16:11, 1 July 2022 by imported>Doug Williamson (Classify page.)
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to navigationJump to search

In loan documentation, a clause with the effect that if a lender suffers a cost or loss in relation to the facility as a result of a change in law or regulation, the borrower should indemnify it.

The reasoning is based on the ‘cost plus’ approach to pricing loans.


See also