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

Alternate Office; Minimization of Costs. 2.10.1 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 2.6.4, 2.8.3 or 2.8.4, or to avoid the unavailability of any Type of Loans under Section 2.8.2 so long as such Bank, in its sole discretion, does not determine that such designation is disadvantageous to such Bank.

Appears in 3 contracts

Samples: Subordination Agreement (Calpine Corp), Security Agreement (Calpine Corp), Credit Agreement (Calpine Corp)

AutoNDA by SimpleDocs

Alternate Office; Minimization of Costs. 2.10.1 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 or 2.6.4, 2.8.3 or 2.8.4, or to avoid the unavailability of any Type of Loans under Section 2.8.2 2.6.2 so long as such Bank, in its sole discretion, does not determine that such designation is disadvantageous to such Bank.

Appears in 1 contract

Samples: Credit Agreement (Calpine Corp)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.