Common use of Mitigation of Obligations Clause in Contracts

Mitigation of Obligations. If any Lender requests compensation under Section 2.18, or if the Borrower is required to pay any additional amount to any Lender or any Governmental Authority for the account of any Lender pursuant to Section 2.20, then such Lender shall use reasonable efforts to designate a different lending office for funding or booking its Loans hereunder or to assign its rights and obligations hereunder to another of its offices, branches or affiliates, if, in the sole judgment of such Lender, such designation or assignment (i) would eliminate or reduce amounts payable under

Appears in 2 contracts

Samples: Credit Agreement (Teradyne, Inc), Credit and Guaranty Agreement (CareTrust REIT, Inc.)

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Mitigation of Obligations. If any Lender requests compensation under Section 2.18, or if the Borrower is required to pay any additional amount to any Lender or any Governmental Authority for the account of any Lender pursuant to Section 2.20, then such Lender shall use reasonable efforts to designate a different lending office for funding or booking its Loans hereunder or to assign its rights and obligations hereunder to another of its offices, branches or affiliatesAffiliates, if, in the sole judgment of such Lender, such designation or assignment (i) would eliminate or reduce amounts payable underunder Section 2.18 or Section 2.20, as the case may be, in

Appears in 1 contract

Samples: Credit Agreement (Ensign Group, Inc)

Mitigation of Obligations. If any Lender requests compensation under Section 2.182.14, or if the Borrower is required to pay any additional amount to any Lender or any Governmental Authority for the account of any Lender pursuant to Section 2.202.16, then such Lender shall use reasonable efforts to designate a different lending office for funding or booking its Loans hereunder or to assign its rights and obligations hereunder to another of its offices, branches or affiliates, if, in the sole judgment of such Lender, such designation or assignment (i) would eliminate or reduce amounts payable underassignment

Appears in 1 contract

Samples: Credit Agreement (Georgia Pacific Corp)

Mitigation of Obligations. If any Lender requests compensation under Section 2.182.19, or if the Borrower is required to pay any additional amount or Indemnified Taxes to any Lender or any Governmental Authority for the account of any Lender pursuant to Section 2.202.21, then such Lender shall use reasonable efforts to designate a different lending office for funding or booking its Loans hereunder or to assign its rights and obligations hereunder to another of its offices, branches or affiliates, if, in the sole judgment of such Lender, such designation or assignment (i) would eliminate or reduce amounts payable underunder Section 2.19 or

Appears in 1 contract

Samples: Pledge Agreement (Maximus Inc)

Mitigation of Obligations. If any Lender requests compensation under Section 2.182.15, Section 2.16, or Section 2.17, or if the Borrower is required to pay any additional amount to any Lender or any Governmental Authority for the account of any Lender pursuant to Section 2.202.17, then such Lender shall use reasonable efforts to designate a different lending office for funding or booking its Loans hereunder or to assign its rights and obligations hereunder to another of its offices, branches or affiliates, if, in the sole judgment of such Lender, such designation or assignment (i) would eliminate or reduce amounts payable under

Appears in 1 contract

Samples: Revolving Credit Agreement (Atmos Energy Corp)

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Mitigation of Obligations. If any Lender requests compensation under Section 2.18, 2.17 or if the Borrower is required to pay any additional amount to any Lender or any Governmental Authority for the account of any Lender pursuant to Section 2.202.19, then such Lender shall use reasonable efforts to designate a different lending office for funding or booking its Loans hereunder or to assign its rights and obligations hereunder to another of its offices, branches or affiliates, if, in the sole judgment of such Lender, such designation or assignment (i) would eliminate or reduce amounts payable underassignment

Appears in 1 contract

Samples: Guaranty and Security Agreement

Mitigation of Obligations. If any Lender requests compensation under Section 2.182.12, or if the Borrower is required to pay any additional amount to any Lender or any Governmental Authority for the account of any Lender pursuant to Section 2.202.15, then such Lender shall use reasonable efforts to designate a different lending office for funding or booking its Loans hereunder or to assign its rights and obligations hereunder to another of its offices, branches or affiliates, if, in the sole reasonable judgment of such Lender, such designation or assignment (i) would eliminate or reduce amounts payable underpursuant to Section 2.12 or

Appears in 1 contract

Samples: Credit Agreement (Basic Energy Services Inc)

Mitigation of Obligations. If any Lender requests compensation under Section 2.18, or if the Borrower is required to pay any additional amount to any Lender or any Governmental Authority for the account of any Lender pursuant to Section 2.20, then such Lender shall use reasonable efforts to designate a different lending office for funding or booking its Loans hereunder or to assign its rights and obligations hereunder to another of its offices, branches or affiliates, if, in the sole judgment of such Lender, such designation or assignment (i) would eliminate or reduce amounts payable underunder Section 76 LEGAL02/36800330v21

Appears in 1 contract

Samples: Credit Agreement (Encore Capital Group Inc)

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