Alternate Office Sample Clauses
The Alternate Office clause designates a secondary location where official business or communications related to the agreement may be conducted if the primary office is unavailable or unsuitable. Typically, this clause outlines the circumstances under which the alternate office may be used, such as during renovations, emergencies, or other disruptions at the main office, and specifies the address or process for designating the alternate site. Its core function is to ensure continuity of operations and communications, minimizing disruptions and providing clarity on where parties should direct correspondence or conduct business if the primary office cannot be used.
Alternate Office. Any Lender may designate a Lending Office other than that set forth in its Administrative Questionnaire and may assign all of its interests under the Credit Facility Documents to such Lending Office, provided that such designation and assignment do not at the time of such designation and assignment increase the reasonably foreseeable liability of Borrower under Sections 2.5.4, 2.7.3 or 2.7.4, or make an interest rate option unavailable pursuant to Section 2.7.2.
Alternate Office. 2.8.1 To the extent reasonably possible, each Bank shall designate an alternative Lending Office with respect to its LIBOR Loans and otherwise take any reasonable actions to reduce any liability of Borrower to any Bank under Section 2.4.4, 2.6.3, 2.6.4 or 2.7, or to avoid the unavailability of any Type of Loans under Section 2.6.1 or 2.6.2 so long as (in the case of the designation of an alternative Lending Office) such Bank, in its sole discretion, determines that (a) such designation is not disadvantageous to such Bank and (b) such actions would eliminate or reduce liability to such Bank. Borrower hereby agrees to pay all reasonable costs and expenses incurred by any Bank in connection with any such designation or actions within ten Banking Days of demand thereof to Borrower.
2.8.2 Upon written notice to Administrative Agent, any Bank may designate a Lending Office other than the Lending Office most recently designated to Administrative Agent and may assign all of its interests under the Credit Documents and its Notes (if any) to such Lending Office; provided that such designation and assignment do not at the time of such designation and assignment increase the reasonably foreseeable liability of Borrower under Section 2.4.4, 2.6.3 or 2.6.4 or make an Interest Rate option unavailable pursuant to Section 2.6.1 or 2.6.2.
Alternate Office. The Lessor agrees that, upon the occurrence of any event giving rise to the operation of Sections 2.9(b) or 2.9(d) hereof or to compensation under Section 7.4 hereof, it will, if requested by the Lessee, use reasonable efforts (subject to overall policy considerations of the Lessor) to designate another lending office for any Equity Investments affected by such event; provided, that such designation is made on such terms that the Lessor and its lending office suffer no legal, regulatory or material economic disadvantage, with the object of avoiding the consequence of the event giving rise to the operation of any such Section. Nothing in this Section 2.11 shall affect or postpone any of the obligations of the Lessee or the rights of the Lessor provided in Sections 2.9(b) or 2.9(d) hereof or to compensation under Section 7.4 hereof.
Alternate Office. Any Lender may designate a Lending Office other than that set forth on Schedule 1A or 1B, as the case may be, and may assign all of its interests under the Credit Facility Documents, and its Notes, to such Lending Office, provided that such designation and assignment do not at the time of such designation and assignment increase the reasonably foreseeable liability of Borrower under Sections 2.5.4, 2.7.3 or 2.7.4, or make an interest rate option unavailable pursuant to Section 2.7.2.