Common use of Alternate Office; Minimization of Costs Clause in Contracts

Alternate Office; Minimization of Costs. 2.8.1 If any Lender requests compensation under Section 2.6, to the extent reasonably possible upon the request of Borrower, each Lender 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 Lender under Sections 2.4.4(a), 2.6.3, 2.6.4 and 2.7, and to avoid the unavailability of any Type of Loans under Section 2.6.2 so long as (in the case of the designation of an alternative Lending Office) such Lender, in the reasonable judgment of such Lender, determines that (a) such designation is not disadvantageous to such Lender in any material respect and (b) such actions would eliminate or reduce liability to such Lender; provided that no Lender shall be required to designate an alternative Lending Office if such designation requires internal credit approval until such time as such Lender receives such internal credit approval. Borrower hereby agrees to pay all reasonable costs and expenses incurred by any Lender in connection with any such designation or actions within thirty (30) days of demand thereof to Borrower.

Alternate Office; Minimization of Costs. 2.8.1 1.1.1 If any Lender requests compensation under Section 2.62.9, to the extent reasonably possible upon the request of the Borrower, each Lender shall designate an alternative Lending Office with respect to its LIBOR SOFR Loans and otherwise take any reasonable actions to reduce any liability of the Borrower to any Lender under Sections 2.4.4(a2.7.4(a), 2.6.32.9.3, 2.6.4 2.9.4 and 2.72.10, and to avoid the unavailability of any Type of Loans under Section 2.6.2 2.9.2 so long as (in the case of the designation of an alternative Lending Office) such Lender, in the reasonable judgment of such Lender, determines that (a) such designation is not disadvantageous to such Lender in any material respect and (b) such actions would eliminate or reduce liability to such Lender; provided that no Lender shall be required to designate an alternative Lending Office if such designation requires internal credit approval until such time as such Lender receives such internal credit approval. The Borrower hereby agrees to pay all reasonable costs and expenses incurred by any Lender in connection with any such designation or actions within thirty (30) days of demand thereof to the Borrower.

Alternate Office; Minimization of Costs. 2.8.1 1.1.2 If any Lender requests compensation under Section 2.62.8, to the extent reasonably possible upon the request of the Borrower, each Lender shall designate an alternative Lending Office with respect to its LIBOR SOFR Loans and otherwise take any reasonable actions to reduce any liability of the Borrower to any Lender under Sections 2.4.4(a2.6.4(a), 2.6.32.8.3, 2.6.4 2.8.4 and 2.72.9, and to avoid the unavailability of any Type of Loans under Section 2.6.2 2.8.2 so long as (in the case of the designation of an alternative Lending Office) such Lender, in the reasonable judgment of such Lender, determines that (a) such designation is not disadvantageous to such Lender in any material respect and (b) such actions would eliminate or reduce liability to such Lender; provided that no Lender shall be required to designate an alternative Lending Office if such designation requires internal credit approval until such time as such Lender receives such internal credit approval. The Borrower hereby agrees to pay all reasonable costs and expenses incurred by any Lender in connection with any such designation or actions within thirty (30) days of demand thereof to the Borrower.