Funding by Branch Subsidiary or Affiliate. Each Lender may make any Loan hereunder through an Affiliate or domestic or foreign branch of such Lender or Affiliate.
Funding by Branch Subsidiary or Affiliate. Each Bank shall have the right from time to time to make or maintain any Loan by arranging for a branch, subsidiary or Affiliate of such Bank to make or maintain such Loan subject to the last sentence of this Section 11.5. If any Bank causes a branch, subsidiary or Affiliate to make or maintain any part of the Loans hereunder, all terms and conditions of this Agreement shall, except where the context clearly requires otherwise, be applicable to such part of the Loans to the same extent as if such Loans were made or maintained by such Bank but in no event shall any Bank's use of such a branch, subsidiary or Affiliate to make or maintain any part of the Loans hereunder cause such Bank or such branch, subsidiary or Affiliate to incur any cost or expenses payable by the Borrower hereunder or require the Borrower to pay any other compensation to any Bank (including, without limitation, any expenses incurred or payable pursuant to Article 4) which would otherwise not be incurred had such Loans not been made or maintained through such branch, subsidiary or affiliate.
Funding by Branch Subsidiary or Affiliate. Each Lender shall have the right from time to time, prospectively or retrospectively, without notice to the Borrower, to deem any branch, subsidiary or affiliate of such Lender to have made, maintained or funded any part of the Euro-Rate Portion at any time, Any branch, subsidiary or affiliate so deemed shall be known as a "Notional Euro-Rate Funding Office." Such Lender shall deem any part of the Euro-Rate Portion or the funding therefor to have been transferred to a different Notional Euro-Rate Funding Office if such transfer would avoid or cure an event or condition described in Section 3.09(e)(ii) hereof or would lessen compensation payable by the Borrower under Section 3.16(a) hereof, and if such Lender determines in its sole discretion that such transfer would be practicable and would not have a material adverse effect on such part of the Letter of Credit Unreimbursed Draws, such Lender or any Notional Euro-Rate Funding Office (it being assumed for purposes of such determination that each part of the Euro-Rate Portion is actually made or maintained by or funded through the corresponding Notional Euro-Rate Funding Office). Notional Euro-Rate Funding Offices may be selected by such Lender without regard to such Lender's actual methods of making, maintaining or funding Letter of Credit Unreimbursed Draws or any sources of funding actually used by or available to such Lender.
Funding by Branch Subsidiary or Affiliate. (a) Each Lender shall have the right from time to time, without notice to MSI or MSUK, to deem any branch, Subsidiary or Affiliate (which for the purposes of this Section 15.5 shall mean any corporation or association which is directly or indirectly controlled by or is under direct or indirect common control with any corporation or association which directly or indirectly controls such Lender) of such Lender to have made, maintained or funded any LIBOR Rate Loan at any time, provided that immediately following (on the assumption that a payment were then due from MSI or MSUK to such other office), and as a result of such change, MSI or MSUK would not be under any greater financial obligation pursuant to Sections 2.2(g), 3.5 and 3.7 than it would have been in the absence of such change. Notional funding offices may be selected by each Lender without regard to such Lender's actual methods of making, maintaining or funding the Advances or any sources of funding actually used by or available to such Lender.
Funding by Branch Subsidiary or Affiliate. Notional Funding. Each Bank shall have the right from time to time, without notice to the Borrower, to deem any branch, Subsidiary or Affiliate (which for the purposes of this Section 0 shall mean any corporation or association which is directly or indirectly controlled by or is under direct or indirect common control with any corporation or association which directly or indirectly controls such Bank) of such Bank to have made, maintained or funded any Loan to which the Euro-Rate Option applies at any time, provided that immediately following (on the assumption that a payment were then due from the Borrower to such other office), and as a result of such change, the Borrower would not be under any greater financial obligation pursuant to Section 0 [Additional Compensation in Certain Circumstances] than it would have been in the absence of such change. Notional funding offices may be selected by each Bank without regard to such Bank's actual methods of making, maintaining or funding the Loans or any sources of funding actually used by or available to such Bank.
Funding by Branch Subsidiary or Affiliate. The Bank shall have the right from time to time to make or maintain any Loan by arranging for a branch, Subsidiary or Affiliate of the Bank to make or maintain such Loan subject to the last sentence of this Section 9.4. If the Bank causes a branch,
Funding by Branch Subsidiary or Affiliate. The Bank shall have the right from time to time, prospectively or retroactively, without notice to the Borrower, to deem any branch, subsidiary or affiliate of the Bank to have made, maintained or funded the Loan.
Funding by Branch Subsidiary or Affiliate
