Break Costs
The Borrower shall, within three (3) business days of demand by the Bank, pay to the Bank its Break Costs attributable to all or any part of a loan or unpaid sum being paid by the Borrower on a day other than the last day of an Interest Period for that loan or unpaid sum. In this Agreement "Break Costs" means the amount (if any) by which:
(a) the interest which the Bank should have received for the period from the date of receipt of all or any part of a loan or unpaid sum to the last day of the urrent Interest Period in respect of that loan or unpaid sum, had the principal amount or unpaid sum received been paid on the last day of that Interest Period;
exceeds:
(b) the amount which the Bank would be able to obtain by placing an amount
equal to the principal amount or unpaid sum received by it on deposit with a
leading bank in the relevant interbank market for a period starting on the
business day following receipt or recovery and ending on the last day of the
current Interest Period.