Increased costs clause: Difference between revisions
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imported>Doug Williamson (Link with Gross up page and spacing.) |
imported>Doug Williamson (Link with Cost plus loan pricing page.) |
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== See also == | == See also == | ||
* [[Gross up]] | * [[Gross up]] | ||
* [[Cost-plus loan pricing]] | |||
Revision as of 16:04, 26 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.
