Duty to Mitigate; Assignment of Commitments Under Certain Circumstances. (a) Any Lender or LC Issuer claiming any indemnity payments or additional amounts payable pursuant to Section 2.14 or Section 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 indemnity payments or additional amounts which may thereafter accrue or avoid the circumstances giving rise to such exercise and would not, in the determination of such Lender or LC Issuer, be otherwise disadvantageous to such Lender or LC Issuer. The Borrowers hereby agree to pay all reasonable expenses incurred in connection with such filing or change.
Appears in 4 contracts
Samples: Credit Agreement (Hartford Financial Services Group, Inc.), Credit Agreement (Hartford Financial Services Group, Inc.), Credit Agreement (Hartford Financial Services Group, Inc.)
Duty to Mitigate; Assignment of Commitments Under Certain Circumstances. (a) Any Lender or LC Issuer claiming any indemnity payments or additional amounts payable pursuant to Section 2.14 or Section 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 indemnity payments or additional amounts which may thereafter accrue or avoid the circumstances giving rise to such exercise and would not, in the determination of such Lender or LC Issuer, be otherwise disadvantageous to such Lender or LC Issuer. The Borrowers hereby agree to pay all reasonable expenses incurred in connection with such filing or change.
Appears in 2 contracts
Samples: Credit Facility Agreement (Hartford Financial Services Group Inc/De), Credit Facility Agreement (Hartford Financial Services Group Inc/De)