What Is a Cost Increase?

The cost increase clause is one of the special clauses in the European Money Lending Agreement. The clause stipulates that if the current laws or relevant rules and regulations change in the euro loan, the cost of bank financing or the cost of maintaining the loan will increase, which will affect the profitability of the loan bank, the borrower will give the newly increased cost make up. [1]

IN OTHER LANGUAGES

Was this article helpful? Thanks for the feedback Thanks for the feedback

How can we help? How can we help?

RELATED ARTICLES