CSRD and Increased costs clause: Difference between pages
From ACT Wiki
(Difference between pages)
imported>Doug Williamson (Create page. Sources: Linked pages.) |
imported>Doug Williamson (Link with Gross up page and spacing.) |
||
| Line 1: | Line 1: | ||
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 == | == See also == | ||
* [[ | * [[Gross up]] | ||
Revision as of 17:09, 25 June 2015
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.
