Common use of Discretion of Banks as to Manner of Funding Clause in Contracts

Discretion of Banks as to Manner of Funding. Notwithstanding any other provision of this Agreement, each Lender shall be entitled to fund and maintain its funding of all or any part of its Loans in any manner it sees fit, it being understood, however, that for the purposes of this Agreement all determinations under this Agreement (including, without limitation, calculations under Sections 3.6 and 3.9 hereof) shall be made as if each Lender had actually funded and maintained its interest in each LIBOR Portion through the purchase of deposits in the offshore interbank market having a maturity corresponding to such LIBOR Portion's Interest Period and bearing an interest rate equal to LIBOR for such Interest Period.

Discretion of Banks as to Manner of Funding. Notwithstanding any other provision of this Agreement, each Lender Bank shall be entitled to fund and maintain its funding of all or any part of its Loans in any manner it sees fit, it being understood, however, that for the purposes of this Agreement all determinations under this Agreement (including, without limitation, calculations under Sections 3.6 3.7 and 3.9 3.10 hereof) shall be made as if each Lender Bank had actually funded and maintained its interest in each LIBOR Portion through the purchase of deposits in the offshore interbank market having a maturity corresponding to such LIBOR Portion's Interest Period and bearing an interest rate equal to LIBOR for such Interest Period.

Discretion of Banks as to Manner of Funding. Notwithstanding any other provision of this Agreement, each Lender shall be entitled to fund and maintain its funding of all or any part of its Loans in any manner it sees fit, it being understood, however, that for the purposes of this Agreement all determinations under this Agreement (including, without limitation, calculations under Sections 3.6 3.01 and 3.9 3.04 hereof) shall be made as if each Lender had actually funded and maintained its interest in each LIBOR Portion Loan through the purchase of deposits in the offshore interbank market having a maturity corresponding to such LIBOR PortionLoan's Interest Period and bearing an interest rate equal to LIBOR Rate for such Interest Period.

Discretion of Banks as to Manner of Funding. Notwithstanding any other provision of this Agreement, each Lender Bank shall be entitled to fund and maintain its funding of all or any part of its Loans in any manner it sees fit, it being understood, however, that for the purposes of this Agreement all determinations under this Agreement (including, without limitation, calculations under Sections 3.6 3.8 and 3.9 3.11 hereof) shall be made as if each Lender Bank had actually funded and maintained its interest in each LIBOR Portion through the purchase of deposits in the offshore interbank market having a maturity corresponding to such LIBOR Portion's Interest Period and bearing an interest rate equal to LIBOR for such Interest Period.

Discretion of Banks as to Manner of Funding. Notwithstanding any other provision of this Agreement, each Lender shall be entitled to fund and maintain its funding of all or any part of its Loans in any manner it sees fit, it being understood, however, that for the purposes of this Agreement all determinations under this Agreement (including, without limitation, calculations under Sections 3.6 3.8 and 3.9 3.11 hereof) shall be made as if each Lender had actually funded and maintained its interest in each LIBOR Portion through the purchase of deposits in the offshore interbank market having a maturity corresponding to such LIBOR Portion's Interest Period and bearing an interest rate equal to LIBOR for such Interest Period.