Duty to Mitigate; Assignment of Commitments Under Certain Circumstances. (a) Any Lender claiming any additional amounts payable pursuant to Section 2.14, or 2.20, or exercising its rights under Section 2.15, shall use reasonable efforts (consistent with legal and regulatory restrictions) to file any certificate or document requested by the Company or to change the jurisdiction of its Applicable Lending Office if the making of such a filing or change would avoid the need for or reduce the amount of any such additional amounts which may thereafter accrue or avoid the circumstances giving rise to such exercise and would not, in the reasonable determination of such Lender, be otherwise disadvantageous to such Lender.
Appears in 3 contracts
Samples: Credit and Competitive Advance Facility Agreement (Readers Digest Association Inc), Credit Facility Agreement (Readers Digest Association Inc), Credit and Competitive Advance Facility Agreement (Readers Digest Association Inc)
Duty to Mitigate; Assignment of Commitments Under Certain Circumstances. (a) Any Lender (or Transferee) claiming any additional amounts payable pursuant to Section 2.14, 2.13 or 2.20, Section 2.19 or exercising its rights under Section 2.15, 2.14 shall use reasonable efforts (consistent with legal and regulatory restrictions) to file any certificate or document requested by the Company or to change the jurisdiction of its Applicable Lending Office applicable lending office if the making of such a filing or change would avoid the need for or reduce the amount of any such additional amounts which may thereafter accrue or avoid the circumstances giving rise to such exercise and would not, in the reasonable determination of such LenderLender (or Transferee), be otherwise disadvantageous to such LenderLender (or Transferee).
Appears in 3 contracts
Samples: Borrowing Subsidiary Agreement (Hartford Financial Services Group Inc/De), Hartford Financial Services Group Inc/De, Hartford Financial Services Group Inc/De
Duty to Mitigate; Assignment of Commitments Under Certain Circumstances. (a) Any Lender claiming any additional amounts payable pursuant to Section 2.14, 2.13 or 2.202.19, or exercising its rights under Section 2.152.14, shall use reasonable efforts (consistent with legal and regulatory restrictions) to file any certificate or document requested by the Company Anixter or to change the jurisdiction of its Applicable Lending Office if the making of such a filing or change would avoid the need for or reduce the amount of any such additional amounts which may thereafter accrue or avoid the circumstances giving rise to such exercise and would not, in the reasonable sole determination of such Lender, be otherwise disadvantageous to such Lender.
Appears in 1 contract
Duty to Mitigate; Assignment of Commitments Under Certain Circumstances. (a) Any Lender claiming any additional amounts payable pursuant to Section 2.14, 2.13 or 2.20, or exercising its rights under Section 2.15, 2.19 shall use reasonable efforts (consistent with legal and regulatory restrictions) to file any certificate or document requested by the Company Borrower or to change the jurisdiction of its Applicable Lending Office applicable lending office if the making of such a filing or change would avoid the need for or reduce the amount of any such additional amounts which may thereafter accrue or avoid the circumstances giving rise to such exercise and would not, in the reasonable sole determination of such Lender, be otherwise disadvantageous to such Lender.
Appears in 1 contract
Samples: Credit Agreement (Kuhlman Corp)