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

Discretion of Banks as to Manner of Funding. Notwithstanding any provision of this Agreement to the contrary, each Bank shall be entitled to fund and maintain all or any part of its Eurodollar Rate Fundings in any manner it deems fit, it being understood, however, that for the purposes of this Agreement (specifically including, without limitation, Section 2.18 hereof) all determinations hereunder shall be made as if each Bank had actually funded and maintained each Eurodollar Rate Funding during each Interest Period for such Eurodollar Rate Funding through the purchase of deposits having a maturity corresponding to such Interest Period and bearing an interest rate equal to the appropriate Eurodollar Rate for such Interest Period.

Appears in 2 contracts

Samples: Credit Agreement (Entegris Inc), Credit Agreement (Entegris Inc)

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Discretion of Banks as to Manner of Funding. Notwithstanding any provision of this Agreement to the contrary, each Bank shall be entitled to fund and maintain all or any part of its Eurodollar Rate Fundings in any manner it deems fit, it being understood, however, that for the purposes of this Agreement (specifically including, without limitation, Section 2.18 2.19 hereof) all determinations hereunder shall be made as if each Bank had actually funded and maintained each Eurodollar Rate Funding during each Interest Period for such Eurodollar Rate Funding through the purchase of deposits having a maturity corresponding to such Interest Period and bearing an interest rate equal to the appropriate Eurodollar Rate for such Interest Period.

Appears in 1 contract

Samples: Credit Agreement (Luiginos Inc)

Discretion of Banks as to Manner of Funding. Notwithstanding any provision of this Agreement to the contrary, each Bank shall be entitled to fund and maintain all or any part of its Eurodollar Rate Fundings in any manner it deems fit, it being understood, however, that for the purposes of this Agreement (specifically including, without limitation, Section 2.18 SECTION 4.15 hereof) all determinations hereunder shall be made as if each Bank had actually funded and maintained each Eurodollar Rate Funding during each US Interest Period for such Eurodollar Rate Funding through the purchase of deposits having a maturity corresponding to such US Interest Period and bearing an interest rate equal to the appropriate Eurodollar Rate for such US Interest Period.

Appears in 1 contract

Samples: Credit Agreement (G&k Services Inc)

Discretion of Banks as to Manner of Funding. Notwithstanding any provision of this Agreement to the contrary, each Bank shall be entitled to fund and maintain all or any part of its Eurodollar Rate Fundings Advances in any manner it deems fit, it being understood, however, that for the purposes of this Agreement (specifically including, without limitation, Section 2.18 hereof2.9) all determinations hereunder shall be made as if each Bank had actually funded and maintained each Eurodollar Rate Funding Advance during each Interest Period for such Eurodollar Rate Funding Advance through the purchase of deposits having a maturity corresponding to such Interest Period and bearing an interest rate equal to the appropriate Eurodollar Rate for such Interest Period.

Appears in 1 contract

Samples: Credit Agreement (Nationwide Electric Inc)

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Discretion of Banks as to Manner of Funding. Notwithstanding any provision of this Agreement to the contrary, each Bank shall be entitled to fund and maintain all or any part of its Eurodollar Rate Fundings in any manner it deems fit, it being understood, however, that for the purposes of this Agreement (specifically including, without limitation, Section 2.18 hereof) all determinations hereunder shall be made as if each Bank had actually funded and maintained each Eurodollar Rate Funding during each Interest Period for such Eurodollar Rate Funding through the purchase of deposits having a maturity corresponding to such Interest Period and bearing an interest rate equal to the appropriate Eurodollar Rate for such Interest Period.. E-27 Exhibit 10(i)

Appears in 1 contract

Samples: Credit Agreement (Innovex Inc)

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