Common use of Change of Applicable Lending Office Clause in Contracts

Change of Applicable Lending Office. Each Bank agrees that on the occurrence of any event giving rise to the operation of Section 1.08(a)(ii) or (iii), Section 1.08(c) or Section 3.03 with respect to such Bank, it will, if requested by the Borrower, use reasonable efforts (subject to overall policy considerations of such Bank) to designate another lending office for any Loans affected by such event, provided that such designation is made on such terms that such Bank and its lending office suffer no economic, legal or regulatory disadvantage, with the object of avoiding the consequence of the event giving rise to the operation of such Section. Nothing in this Section 1.10 shall affect or postpone any of the obligations of the Borrower or the right of any Bank provided in Sections 1.08 and 3.03.

Appears in 2 contracts

Samples: Term Loan Agreement (Sullivan Graphics Inc), Agreement (Acg Holdings Inc)

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Change of Applicable Lending Office. Each The Bank agrees that on that, upon the occurrence of any event giving rise to the operation of Section 1.08(a)(ii2.7(a)(i) or (iiiii), Section 1.08(c) 2.7(c), or Section 3.03 4.5 with respect to such the Bank, it will, if requested by the Borrower, use reasonable efforts (subject to overall policy policy, legal and regulatory considerations of such the Bank) to designate another lending office for any Loans affected by such eventApplicable Lending Office, provided that such designation is made on such terms that such Bank and its lending office Applicable Lending Office suffer no economic, legal or regulatory disadvantage, with the object of avoiding the consequence of the event giving rise to the operation of any such Sectionsection. Nothing in this Section 1.10 2.9 shall affect or postpone any of the obligations of the Borrower or the right of any the Bank provided in Sections 1.08 and 3.03Section 2.7 or 4.5.

Appears in 2 contracts

Samples: Credit Agreement (Panamerican Beverages Inc), Credit Agreement (Panamerican Beverages Inc)

Change of Applicable Lending Office. Each Bank agrees that on that, upon the occurrence of any event giving rise to the operation of Section 1.08(a)(ii2.10(a)(ii), 2.10(a)(iii), 2.10(c) or (iii), Section 1.08(c) or Section 3.03 4.04 with respect to such Bank, it will, if requested by the any Borrower, use reasonable efforts (subject to overall policy considerations of such Bank) to designate another lending office Applicable Lending Office for any Loans affected by such event, provided that such designation is made on such terms that such Bank and its lending office Applicable Lending Office will suffer no economic, legal or regulatory disadvantage, with the object of avoiding the consequence of the event giving rise to the operation of any such Section. Nothing in this Section 1.10 2.12 shall affect or postpone any of the obligations of the any Borrower or Designee or the right of any Bank provided in Sections 1.08 and 3.03Section 2.10 or 4.04.

Appears in 2 contracts

Samples: Credit Agreement (Financial Security Assurance Holdings LTD), Credit Agreement (Financial Security Assurance Holdings LTD/Ny/)

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Change of Applicable Lending Office. Each Bank Lender agrees that on the occurrence of any event giving rise to the operation of Section 1.08(a)(ii) or (iiiSections 4.3(c)(iii), Section 1.08(c) 4.10 or Section 3.03 4.11 with respect to such BankLender, it will, if requested by the Borrower, use reasonable efforts (subject to overall policy considerations of such BankLender) to designate another lending office for any Loans or Letters of Credit affected by such event, ; provided that such designation is made on such terms that such Bank Lender and its lending office suffer no economic, legal or regulatory disadvantage, with the object of avoiding the consequence of the event giving rise to the operation of such SectionSections. Nothing in this Section 1.10 4.13 shall affect or postpone any of the obligations of the Borrower or the right of any Bank Lender provided in Sections 1.08 4.3(c)(iii), 4.10 and 3.034.11.

Appears in 1 contract

Samples: Security Agreement (Acg Holdings Inc)

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