Common use of Manner of Funding; Alternate Funding Offices Clause in Contracts

Manner of Funding; Alternate Funding Offices. Notwithstanding any provision of this Agreement to the contrary, Lender shall be entitled to fund and maintain its funding of all or any part of its Loans in any manner it may determine at its sole discretion. Lender may, if it so elects, fulfill its commitment to make any LIBOR Loan by causing any branch or Affiliate of Lender to make such Loan; provided that in such event for the purpose of this Agreement, such Loan shall be deemed to have been made by Lender, the obligation of Borrower to repay such Loan shall nevertheless be to Lender and shall be deemed held by Lender, to the extent of such Loan, for the account of such branch or Affiliate.

Appears in 5 contracts

Samples: Credit Agreement (Compass Diversified Trust), Credit Agreement (Atlas Industries Holdings LLC), Credit Agreement (Atlas Industries Holdings LLC)

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Manner of Funding; Alternate Funding Offices. Notwithstanding any provision of this Agreement to the contrary, each Lender shall be entitled to fund and maintain its funding of all or any part of its Loans in any manner it may determine at its sole discretion. Each Lender may, if it so elects, fulfill its commitment to make any LIBOR Loan by causing any branch or Affiliate of such Lender to make such Loan; provided that in such event for the purpose purposes of this Agreement, Agreement such Loan shall be deemed to have been made by Lender, such Lender and the obligation of Borrower to repay such Loan shall nevertheless be to such Lender and shall be deemed held by Lenderit, to the extent of such Loan, for the account of such branch or Affiliate.

Appears in 3 contracts

Samples: Credit Agreement (Performant Financial Corp), Credit Agreement (Compass Diversified Holdings), Credit Agreement (Compass Group Diversified Holdings LLC)

Manner of Funding; Alternate Funding Offices. Notwithstanding any provision of this Agreement to the contrary, each Lender shall be entitled to fund and maintain its funding of all or any part of its Loans in any manner it may determine at its sole discretion. Each Lender may, if it so elects, fulfill its commitment to make any LIBOR Loan by causing any branch or Affiliate of such Lender to make such Loan; provided that in such event for the purpose purposes of this Agreement, Agreement such Loan shall be deemed to have been made by Lender, such Lender and the obligation of Borrower Borrowers to repay such Loan shall nevertheless be to such Lender and shall be deemed held by Lenderit, to the extent of such Loan, for the account of such branch or Affiliate.

Appears in 3 contracts

Samples: Credit Agreement (Performance Health Holdings Corp.), Credit Agreement (Performance Health Holdings Corp.), Credit Agreement (Rosetta Stone Inc)

Manner of Funding; Alternate Funding Offices. Notwithstanding any provision of this Agreement to the contrary, Each Lender shall be entitled to fund and maintain its funding of all or any part of its Loans in any a manner it may determine at determined by it, in its sole discretion. Each Lender may, if it so elects, fulfill its commitment to make any LIBOR Loan by causing any branch or Affiliate of such Lender to make such Loan; provided that in such event for the purpose purposes of this Agreement, Agreement such Loan shall be deemed to have been made by Lender, such Lender and the obligation of Borrower to repay such Loan shall nevertheless be to such Lender and shall be deemed held by Lenderit, to the extent of such Loan, for the account of such branch or Affiliate.

Appears in 2 contracts

Samples: Credit Agreement (American Coin Merchandising Inc), Credit Agreement (American Coin Merchandising Inc)

Manner of Funding; Alternate Funding Offices. Notwithstanding any provision of this Agreement to the contrary, each Lender shall be entitled to fund and maintain its funding of all or any part of its Term Loans in any manner it may determine at its sole discretion. Each Lender may, if it so elects, fulfill its commitment to make any LIBOR Loan by causing any branch or Affiliate of such Lender to make such Loan; provided that in such event for the purpose purposes of this Agreement, Agreement such Loan shall be deemed to have been made by Lender, such Lender and the obligation of Borrower Borrowers to repay such Loan shall nevertheless be to such Lender and shall be deemed held by Lenderit, to the extent of such Loan, for the account of such branch or Affiliate.

Appears in 2 contracts

Samples: Second Lien Credit Agreement (Performance Health Holdings Corp.), Second Lien Credit Agreement (Performance Health Holdings Corp.)

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Manner of Funding; Alternate Funding Offices. Notwithstanding any provision of this Agreement to the contrary, each Lender shall be entitled to fund and maintain its funding of all or any part of its Loans in any manner as it may determine at its sole discretion. Each Lender may, if it so elects, fulfill its commitment to make any LIBOR Loan by causing any branch or Affiliate of such Lender to make such Loan; provided that in such event for the purpose purposes of this Agreement, Agreement such Loan shall be deemed to have been made by Lender, such Lender and the obligation of Borrower to repay such Loan shall nevertheless be to such Lender and shall be deemed held by Lenderit, to the extent of such Loan, for the account of such branch or Affiliate.

Appears in 1 contract

Samples: Credit Agreement (Dwyer Group Inc)

Manner of Funding; Alternate Funding Offices. Notwithstanding any provision of this Agreement to the contrary, each Lender shall be entitled to fund and maintain its funding of all or any part of its Loans in any manner it may determine at its sole discretion. Each Lender may, if it so elects, fulfill its commitment to make any LIBOR Loan by causing any branch or Affiliate of such Lender to make such Loan; provided that in such event for the purpose purposes of this Agreement, Agreement such Loan shall be deemed to have been made by Lender, such Lender and the obligation of Borrower to repay such Loan shall nevertheless be to such Lender and shall be deemed held by Lenderit, to the extent of such Loan, for the account of such branch or Affiliate.

Appears in 1 contract

Samples: Loan and Security Agreement (Microvast Holdings, Inc.)

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