Common use of Change of Facility Office Clause in Contracts

Change of Facility Office. No Bank will change its Facility Office if, at the time of the change, circumstances exist which would oblige the Company to pay that Bank any amount under Clause 11.1 (Taxes) or Clause 13 (Increased costs) which it would not have been obliged to pay if that Bank had retained the same Facility Office.

Appears in 2 contracts

Samples: Multicurrency Revolving Credit Facility (Scottish Power PLC), Multicurrency Revolving Credit Facility (Scottish Power PLC)

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Change of Facility Office. No Bank will change its Facility Office if, at the time of the change, circumstances exist which would oblige the Company to pay that Bank any amount under Clause 11.1 11 (Taxes) or Clause 13 (Increased costsCosts) which it would not have been obliged to pay if that Bank had retained the same Facility Office.

Appears in 2 contracts

Samples: Multicurrency Revolving Credit Facility (Scottish Power PLC), Multicurrency Revolving Credit Facility (Scottish Power PLC)

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Change of Facility Office. No Bank will change its Facility Office if, at the time of the change, circumstances exist which would oblige the Company to pay that Bank any amount under Clause 11.1 16 (Taxes) or Clause 13 18 (Increased costsCosts) which it would not have been obliged to pay if that Bank had retained the same Facility Office.

Appears in 1 contract

Samples: Multicurrency Revolving Credit Facility Agreement (Scottish Power PLC)

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