Facility Offices Sample Clauses
The 'Facility Offices' clause defines the specific locations or premises where the services or operations under the agreement will be conducted. It typically outlines which offices or sites are authorized for use, may specify requirements for maintaining these locations, and can address issues such as access, security, or compliance with local regulations. By clearly identifying the relevant offices, this clause ensures both parties understand where contractual activities will take place, thereby reducing confusion and helping to manage logistical and operational expectations.
Facility Offices. Each Bank shall lend through its office at the address specified in schedule 1 or, as the case may be, in any relevant Transfer Certificate or through any other office of such Bank selected from time to time by such Bank as the office through which such Bank wishes to lend for the purposes of this Agreement and, following any change of its Facility Office by a Bank, the Facility Office of that Bank shall mean the replacement office selected by that Bank in accordance with this clause 15.8 or pursuant to clause 13.4 (Mitigation) or pursuant to a request from the Borrower. If the Facility Office through which a Bank is lending is changed pursuant to this clause 15.8, such Bank shall notify the Bank Agent promptly of such change. If:
(a) any Bank assigns or transfers any of its rights, benefits or obligations hereunder otherwise than:
(i) in order to reduce or mitigate any requirement to make any increased payment where such assignment or transfer is made with the agreement of the Borrower (provided however that if the Borrower withholds its consent to any such proposed assignment or transfer, the Borrower shall be obliged to make the applicable deduction or withholding and other increased payment or to prepay the Facilities in accordance with clauses 6.2 and 6.3); or
(ii) upon the request of the Borrower; or
(b) any Bank changes its Facility Office, in any such case otherwise than:
(i) at the request of the Borrower; or
(ii) in order to reduce or mitigate any requirement to make any increased payment where such change of Facility Office is made with the agreement of the Borrower (provided however that if the Borrower withholds its consent to any such proposed change of Facility Office, the Borrower shall be obliged to make the applicable deduction or withholding and other increased payment or to prepay the Facilities in accordance with clauses 6.2 and 6.3), the Borrower shall not be obliged to make any indemnity payment or increased payment pursuant to clause 8.5 of this Agreement or clause 13.2 to the relevant assignee or Transferee (or, in the case of a change by the Bank of its Facility Office, to such Bank) in excess of the indemnity payment or increased payment which the Borrower would have been obliged to make in the absence of such assignment, transfer or change if such liability to make the applicable indemnity payment or increased payment arises as a result of either (a) the law in force in any applicable jurisdiction at the time of the assignment, ...
Facility Offices. (a) Subject as provided in Clause 2.5 (Lending Affiliates) below, each Lender will participate in each Loan through its Facility Office.
(b) Subject as provided in Clause 2.5(d) (Lending Affiliates) below, any Lender may only use its nominated Facility Office for the purposes of making a Loan.
Facility Offices. (a) Subject to paragraph (b) below, a Lender may (i) change its Facility Office for the purpose of this Agreement and/or (ii) nominate a different Facility Office for the purposes of making a particular Advance or particular type of Advance to any Borrower, in which event such Facility Office shall for the purposes of this Agreement be its Facility Office for that Advance or that type of Advance but not otherwise.
(b) If a Lender changes its Facility Office or nominates a different Facility Office, (i) that Lender will notify the Facility Agent and ABB promptly (and, in any event, within 5 Business Days) of such change or, as the case may be, nomination, and until it does so, the Facility Agent and ABB will be entitled to assume that no such change has taken place and (ii) if the country of such Facility Office is not subject to the Financial Action Task Force any such change or, as the case may be, nomination shall be subject to the prior written consent of the Facility Agent.
Facility Offices. Signatories.................................................................... THIS AGREEMENT is dated 29th November, 1995 between:
Facility Offices. The Agent may treat each Lender named as a party as entitled to payment hereunder and as acting hereunder through its office specified in Schedule 5 (Facility Offices) to this Agreement until it has received written notice from the Lender concerned to the contrary not less than five Business Days prior to the relevant payment.
Facility Offices. Each Lender will participate in each Utilisation through its Facility Office.
Facility Offices. (a) Subject as provided in Clause 2.5 (Lending Affiliates), each Lender will participate in each Utilisation through its Facility Office.
(b) Subject as provided in paragraph (e) of Clause 2.5 (Lending Affiliates), any Lender may nominate a different Facility Office for the purposes of making a particular Utilisation or a particular type of Utilisation to an Obligor in which event such Facility Office shall be for all purposes of this Agreement its Facility Office for that Utilisation or that type of Utilisation (but not otherwise).
Facility Offices. The initial Facility Office of each Bank has been notified by that Bank to the Agent. Any Bank may at any time with the written consent of the Borrower, such consent not to be unreasonably withheld and which consent shall be deemed to have been given unless, within 7 Business Days of being requested to consent, the Borrower refuses its consent, change its Facility Office in relation to all or a specified part of its Commitment and/or Outstandings by notifying the Agent of the fax number and address of its new Facility Office, no later than 4 Business Days prior to the date of any such change.
Facility Offices. (a) Each Lender will participate in each Advance through its Facility Office. If a Lender changes its Facility Office, that Lender will notify the Facility Agent and the Parent promptly and, until it does so, the Facility Agent and the Parent will be entitled to assume that no change has taken place.
(b) Each Lender may (by notice to the Facility Agent and the Parent) nominate a different Facility Office for the purposes of making a particular Advance to a Borrower in which event that Facility Office shall be its Facility Office for that Advance.
Facility Offices. The initial Facility Office of each Lender has been notified by that Lender to the Agent. Any Lender may at any time with the written consent of the Borrower, such consent not to be unreasonably withheld and which consent shall be deemed to have been given unless, within 7 Business Days of being requested to consent, the Borrower refuses its consent, change its Facility Office in relation to all or a specified part of its Commitment and/or Outstandings by notifying the Agent of the fax number and address of its new Facility Office, no later than 4 Business Days prior to the date of any such change.