Funding Office Clause Samples
The 'Funding Office' clause designates the specific office or department within an organization responsible for managing and overseeing the financial aspects of a contract or project. This clause typically identifies the office by name and may include contact information, ensuring that all communications and documentation related to funding are directed appropriately. Its core practical function is to centralize financial oversight, streamline communication, and prevent confusion regarding which entity is accountable for funding matters within the agreement.
Funding Office. If the Lessee is required to pay additional amounts to or for the account of any Participant pursuant to Sections 13.4, 14.1 to 14.3 or Section 14.5, to the extent applicable, then such Participant will agree to use reasonable efforts to reduce or eliminate any claim for compensation thereunder, including, without limitation, to change the jurisdiction of its Applicable Lending Office so as to eliminate or reduce any such additional payment which may thereafter accrue if such change, in the sole judgment of such Participant, is not otherwise disadvantageous to such Participant.
Funding Office. The Administrative Agent hereby designates the office of (a) ▇▇▇▇▇ Fargo located at the address set forth in Section 13.1.2 as the Funding Office with respect to any Dollar Revolving Loan and Swingline Loan and (b) ▇▇▇▇▇ Fargo Bank, National Association, London Branch, ▇ ▇▇▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇, Attention of Ms. ▇▇▇▇▇▇▇▇ ▇▇▇▇▇, (Telecopy No. 011 44 207 929 4645) or Mr. ▇▇▇ ▇▇▇▇, (Telecopy No. 011 44 207 929 4645), as the Funding Office with respect to any Foreign Currency Loan, in each case, to which payments due are to be made and at which Loans will be disbursed. The Administrative Agent shall ensure that its accounts at each Funding Office are not located in a country which is qualified as a Non-Cooperative Jurisdiction.
Funding Office. Account of: J.▇. ▇▇▇▇▇▇ Europe Limited Account No: 5000001963 Nordea Bank Copenhagen
Funding Office. The Administrative Agent hereby designates the office of Bank of America located at the address set forth in Section 13.1(b) as the Funding Office to which payments due are to be made and at which Loans will be disbursed. The Administrative Agent shall ensure that its accounts at each Funding Office are not located in a country which is qualified as a Non-Cooperative Jurisdiction.
Funding Office. FFC: J.▇. ▇▇▇▇▇▇ Europe Limited Account JPMorgan Chase Bank London Account No: 5▇▇-▇▇▇▇▇▇-▇▇▇ Overseas Chinese Banking Corp Singapore (OCBCSG)
Funding Office. The Administrative Agent hereby designates the office of (a) Wachovia located at the address set forth in Section 13.1.2 as the Funding Office with respect to any Dollar Revolving Loan, (b) Wachovia Bank, National Association, London Branch, ▇ ▇▇▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇, Attention of Ms. ▇▇▇▇▇▇▇▇ ▇▇▇▇▇, (Telecopy No. 011 44 207 929 4645) or Mr. ▇▇▇ ▇▇▇▇, (Telecopy No. 011 44 207 929 4645), as the Funding Office with respect to any Foreign Currency Loan, in each case, to which payments due are to be made and at which Loans will be disbursed and (c) Wachovia Capital Finance Corporation (Canada), ▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇ ▇▇▇, Attention of ▇▇. ▇▇▇▇ ▇▇▇▇▇▇, (Telecopy No. (▇▇▇) ▇▇▇-▇▇▇▇) as the Funding Office with respect to any Foreign Currency Loan denominated in Canadian Dollars and made to a Subsidiary Borrower that is incorporated or otherwise organized under the laws of Canada or any political subdivision thereof.
Funding Office. If Lessee is required to pay additional amounts to or for the account of any Participant pursuant to SECTIONS 13.1, 13.2 or 13.3, to the extent applicable, then such Participant will agree to use reasonable efforts to change the jurisdiction of its Applicable Lending Office so as to eliminate or reduce any such additional payment which may thereafter accrue if such change, in the reasonable judgment of such Participant, is not otherwise disadvantageous to such Participant.
Funding Office. (a) Each Lender will make its Advances Advance through its Funding Office.
(b) If any Lender changes its Funding Office, such Lender agrees to notify the Agent and the Trust promptly of such change and, until it does so, the Agent and the Trust shall be entitled to assume that no such change has taken place.
Funding Office. The Administrative Agent hereby designates the office of (a) ▇.▇. ▇▇▇▇▇▇ ▇▇▇▇▇ Bank located at the address set forth in Section 13.1.2 as the Funding Office with respect to any Dollar Revolving Loan and (b) ▇.▇. ▇▇▇▇▇▇ Europe Limited located at the address set forth in Section 13.1.2 as the Funding Office with respect to any Optional Currency Revolving Loan, in each case, to which payments due are to be made and at which Loans will be disbursed.
Funding Office. JPMorgan Chase Bank, N.A. 2▇▇ ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇