Changes to the Reference Banks. 29.6.1 If a Reference Bank (or, if a Reference Bank is not a Lender, the Lender of which it is an Affiliate) ceases to be a Lender, the Facility Agent must (in consultation with the Company) appoint another Lender or an Affiliate of a Lender to replace that Reference Bank. 29.6.2 If a Reference Bank ceases to have a London office or novates or assigns all its rights and obligations under this Agreement or if any Commitments of any Reference Bank are cancelled or if Loans it has advanced are prepaid it shall be replaced as a Reference Bank by such other Lender or an Affiliate of a Lender with an office in London as the Facility Agent (after consultation with the Company) shall designate by notice to the Company and the Lenders.
Appears in 3 contracts
Samples: Multicurrency Revolving Facilities Agreement (PPL Energy Supply LLC), Multicurrency Revolving Facilities Agreement (PPL Energy Supply LLC), Amendment and Restatement Agreement (PPL Energy Supply LLC)
Changes to the Reference Banks. 29.6.1 (a) If a Reference Bank (or, if a Reference Bank is not a Lender, the Lender of which it is an Affiliate) ceases to be a Lender, the Facility Agent must (in consultation with the Company) appoint another Lender or an Affiliate of a Lender to replace that Reference Bank.
29.6.2 (b) If a Reference Bank ceases to have a London office or novates or assigns all its rights and obligations under this Agreement or if any Commitments of any Reference Bank are cancelled or if Loans it has advanced are prepaid it shall be replaced as a Reference Bank by such other Lender or an Affiliate of a Lender Bank with an office in London as the Facility Agent (after consultation with the Company) shall designate by notice to the Company and the LendersBanks.
Appears in 2 contracts
Samples: Credit Facility Agreement (PPL Corp), Credit Facility Agreement (PPL Corp)
Changes to the Reference Banks. 29.6.1 27.6.1 If a Reference Bank (or, if a Reference Bank is not a Lender, the Lender of which it is an Affiliate) ceases to be a Lender, the Facility Agent must (in consultation with the Company) appoint another Lender or an Affiliate of a Lender to replace that Reference Bank.
29.6.2 27.6.2 If a Reference Bank ceases to have a London office or novates or assigns all its rights and obligations under this Agreement or if any Commitments of any Reference Bank are cancelled or if Loans it has advanced are prepaid it shall be replaced as a Reference Bank by such other Lender or an Affiliate of a Lender Bank with an office in London as the Facility Agent (after consultation with the Company) shall designate by notice to the Company and the LendersBanks.
Appears in 1 contract
Samples: Multicurrency Revolving Facility Agreement (PPL Energy Supply LLC)
Changes to the Reference Banks. 29.6.1 (a) If a Reference Bank (or, if a Reference Bank is not a Lender, the Lender of which it is an Affiliate) ceases to be a Lender, the Facility Agent must (in consultation with the CompanyBorrower) appoint another Lender or an Affiliate of a Lender to replace that Reference Bank.
29.6.2 (b) If a Reference Bank ceases to have a London office or novates or assigns all its rights and obligations under this Agreement or if any Commitments of any Reference Bank are cancelled or if Loans it has advanced are prepaid it shall be replaced as a Reference Bank by such other Lender or an Affiliate of a Lender Bank with an office in London as the Facility Agent (after consultation with the CompanyBorrower) shall designate by notice to the Company Borrower and the LendersBanks.
Appears in 1 contract
Samples: Credit Facility Agreement (PPL Corp)