Common use of Right of Banks to Fund through Other Offices Clause in Contracts

Right of Banks to Fund through Other Offices. Each Bank may, if it so elects, fulfill its commitment as to any Eurodollar Loan by causing a foreign branch or affiliate of such Bank to make such Loan, provided that in such event for the purposes of this Agreement such Loan shall be deemed to have been made by such Bank and the obligation of the Company to repay such Loan shall nevertheless be to such Bank and shall be deemed held by it, to the extent of such Loan, for the account of such branch or affiliate.

Appears in 12 contracts

Samples: Credit Agreement (Tetra Tech Inc), Credit Agreement (Santi Group Inc /Ga), Credit Agreement (United Waste Systems Inc)

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Right of Banks to Fund through Other Offices. Each Bank may, if it so elects, fulfill its commitment as to any Eurodollar Loan by causing a foreign branch or affiliate Affiliate of such Bank to make such Loan, ; provided that in such event for the purposes of this Agreement such Loan shall be deemed to have been made by such Bank and the obligation of the Company to repay such Loan shall nevertheless be to such Bank and shall be deemed held by it, to the extent of such Loan, for the account of such branch or affiliateAffiliate.

Appears in 9 contracts

Samples: Credit Agreement (Fargo Electronics Inc), Credit Agreement (Fargo Electronics Inc), Credit Agreement (Semco Energy Inc)

Right of Banks to Fund through Other Offices. Each Bank may, if it so elects, fulfill its commitment as to any Eurodollar Loan by causing a foreign branch or affiliate of such Bank to make such Loan, provided PROVIDED that in such event for the purposes of this Agreement such Loan shall be deemed to have been made by such Bank and the obligation of the Company to repay such Loan shall nevertheless be to such Bank and shall be deemed held by it, to the extent of such Loan, for the account of such branch or affiliate.

Appears in 4 contracts

Samples: Credit Agreement (U S Liquids Inc), Credit Agreement (Tetra Tech Inc), Credit Agreement (U S Liquids Inc)

Right of Banks to Fund through Other Offices. Each Bank may, if it -------------------------------------------- so elects, fulfill its commitment as to any Eurodollar Loan by causing a foreign branch or affiliate of such Bank to make such Loan, provided that in such event -------- for the purposes of this Agreement such Loan shall be deemed to have been made by such Bank and the obligation of the Company to repay such Loan shall nevertheless be to such Bank and shall be deemed held by it, to the extent of such Loan, for the account of such branch or affiliate.

Appears in 3 contracts

Samples: Credit Agreement (United Road Services Inc), Credit Agreement (United Rentals Inc), Credit Agreement (United Rentals Inc)

Right of Banks to Fund through Other Offices. Each Bank may, if it so elects, fulfill its commitment as to any Eurodollar Loan Tranche by causing a foreign branch or affiliate of such Bank to make such the relevant portion of its Loan, ; provided that in such event for the purposes of this Agreement Agreement, such portion of such Loan shall be deemed to have been made by such Bank and the obligation of the Company to repay such the Loan shall nevertheless be to such Bank and shall be deemed held by it, to the extent of such Loanthe applicable Tranche, for the account of such branch or affiliate.

Appears in 2 contracts

Samples: Term Loan Agreement (Regal Beloit Corp), Term Loan Agreement (Regal Beloit Corp)

Right of Banks to Fund through Other Offices. Each Bank may, if it so elects, fulfill its commitment as to any Eurodollar Loan Rate Loans by causing a foreign branch or affiliate any of such Bank its Lending Offices to make such LoanEurodollar Rate Loans; provided, provided that in such event for the purposes of this Agreement Agreement, such Loan shall be deemed to have been made by such Bank and the obligation of the Company Borrower to repay such Eurodollar Rate Loan shall nevertheless be to such Bank and shall be deemed held by it, to the extent of such Eurodollar Rate Loan, for the account of such branch or affiliate.

Appears in 2 contracts

Samples: Credit Agreement (Conseco Inc Et Al), Credit Agreement (Conseco Inc)

Right of Banks to Fund through Other Offices. Each Bank mayBank, if it so elects, may fulfill its commitment as agreements hereunder with respect to any Eurodollar Loan Funding by causing a foreign branch or affiliate of such Bank to make such LoanEurodollar Funding; provided, provided that in such event for the purposes of this Agreement such Loan shall be deemed to have been made by such Bank and the obligation of the Company Borrower to repay such Loan Eurodollar Funding shall nevertheless be to such Bank and such Eurodollar Funding shall be deemed held by it, to the extent of such Loan, Bank for the account of such branch or affiliate.

Appears in 2 contracts

Samples: Credit Agreement (Luiginos Inc), Credit Agreement (Innovex Inc)

Right of Banks to Fund through Other Offices. Each Bank mayBank, if it so elects, may fulfill its commitment as agreements hereunder with respect to any Eurodollar Loan Rate Funding by causing a foreign branch or affiliate of such Bank to make such LoanEurodollar Rate Funding; provided, provided that in such event for the purposes of this Agreement such Loan shall be deemed to have been made by such Bank and the obligation of the Company Borrower to repay such Loan Eurodollar Rate Funding shall nevertheless be to such Bank and such Eurodollar Rate Funding shall be deemed held by it, to the extent of such Loan, Bank for the account of such branch or affiliate.

Appears in 2 contracts

Samples: Credit Agreement (Entegris Inc), Credit Agreement (Entegris Inc)

Right of Banks to Fund through Other Offices. Each Bank may, if it so elects, fulfill its commitment as to any Eurodollar Loan by causing a foreign branch or affiliate of such Bank to make such Loan, ; provided that in such event for the purposes of this Agreement such Loan shall be deemed to have been made by such Bank and the obligation of the Company to repay such Loan shall nevertheless be to such Bank and shall be deemed held by it, to the extent of such Loan, for the account of such branch or affiliate.

Appears in 1 contract

Samples: Credit Agreement (Synagro Technologies Inc)

Right of Banks to Fund through Other Offices. Each Bank may, if it so elects, fulfill its commitment as to any Eurodollar Loan by causing a foreign branch or affiliate Affiliate of such Bank to make such Loan, ; provided that in such event for the purposes of this Agreement such Loan shall be deemed to have been made by such Bank and the obligation of the Company to repay such Loan shall nevertheless be to such Bank and shall be deemed held by it, to the extent of such Loan, for the account of such branch or affiliate.such

Appears in 1 contract

Samples: Credit Agreement (Asg Sub Inc)

Right of Banks to Fund through Other Offices. Each Bank may, if it so -------------------------------------------- elects, fulfill its commitment as to any Eurodollar Loan by causing a foreign branch or affiliate of such Bank to make such Loan, provided that in such event -------- for the -37- purposes of this Agreement such Loan shall be deemed to have been made by such Bank and the obligation of the Company to repay such Loan shall nevertheless be to such Bank and shall be deemed held by it, to the extent of such Loan, for the account of such branch or affiliate.

Appears in 1 contract

Samples: Credit Agreement (Elgin National Industries Inc)

Right of Banks to Fund through Other Offices. Each Bank may, if it so -------------------------------------------- elects, fulfill its commitment as to any Eurodollar Loan by causing a foreign branch or affiliate of such Bank to make such Loan, provided that in such event -------- for the purposes of this Agreement such Loan shall be deemed to have been made by such Bank and the obligation of the Company to repay such Loan shall nevertheless be to such Bank and shall be deemed held by it, to the extent of such Loan, for the account of such branch or affiliate.

Appears in 1 contract

Samples: Credit Agreement (United Road Services Inc)

Right of Banks to Fund through Other Offices. Each Bank may, if it so elects, fulfill its commitment as to any Eurodollar Loan by causing a foreign branch or affiliate of such Bank to make such Loan, provided that in such event for the purposes of this Agreement such Loan shall be deemed to have been made by such Bank and the obligation of the Company applicable Borrower to repay such Loan shall nevertheless be to such Bank and shall be deemed held by it, to the extent of such Loan, for the account of such branch or affiliate.

Appears in 1 contract

Samples: Credit Agreement (Heisley Michael E Et Al)

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Right of Banks to Fund through Other Offices. Each Bank may, if it so elects, fulfill its commitment as to any Eurodollar Loan by causing a foreign branch or affiliate of such Bank to make such Eurodollar Loan, provided that in such event for the purposes of this Agreement such Eurodollar Loan shall be deemed to have been made by such Bank and the obligation of the Company to repay such Eurodollar Loan shall nevertheless be to such Bank and shall be deemed held by it, to the extent of such Eurodollar Loan, for the account of such branch or affiliate.

Appears in 1 contract

Samples: Credit Agreement (Puget Sound Energy Inc)

Right of Banks to Fund through Other Offices. Each Bank may, if it so elects, fulfill its commitment as to any Eurodollar Loan by causing a foreign branch or affiliate of such Bank to make such Loan, ; provided that in such event for the purposes of this Agreement such Loan shall be deemed to have been made by such Bank and the obligation of the Company applicable Borrower to repay such Loan shall nevertheless be to such Bank and shall be deemed held by it, to the extent of such Loan, for the account of such branch or affiliate.

Appears in 1 contract

Samples: Credit Agreement (Regal Beloit Corp)

Right of Banks to Fund through Other Offices. Each Bank may, if it so elects, fulfill its commitment as to any Eurodollar Loan by causing a foreign branch or affiliate of such Bank to make such Loan, ; provided that in such event for the -------- purposes of this Agreement such Loan shall be deemed to have been made by such Bank and the obligation of the Company to repay such Loan shall nevertheless be to such Bank and shall be deemed held by it, to the extent of such Loan, for the account of such branch or affiliate.

Appears in 1 contract

Samples: Credit Agreement (Wyle Electronics)

Right of Banks to Fund through Other Offices. Each Bank may, if it so elects, fulfill its commitment as to any Eurodollar Loan by causing a foreign branch or affiliate of such Bank to make such Loan, ; provided that in such event for the purposes of this Agreement such Loan shall be deemed to have been made by such Bank and the obligation of the Company applicable Borrower to repay such Loan shall nevertheless be to such Bank and shall be deemed held by it, to the extent of such Loan, for the account of such branch or affiliate.

Appears in 1 contract

Samples: Assignment Agreement (Regal Beloit Corp)

Right of Banks to Fund through Other Offices. Each Bank may, if it -------------------------------------------- so elects, fulfill its commitment as to any Eurodollar Loan by causing a foreign branch or affiliate of such Bank to make such Loan, provided that in such event -------- for the purposes of this Agreement such Loan shall be deemed to have been made by such Bank and the obligation of the Company applicable Borrower to repay such Loan shall nevertheless be to such Bank and shall be deemed held by it, to the extent of such Loan, for the account of such branch or affiliate.

Appears in 1 contract

Samples: Security Agreement (United Rentals North America Inc)

Right of Banks to Fund through Other Offices. Each Bank may, if it so elects, fulfill its commitment as to any Eurodollar Loan by causing a foreign branch or affiliate of such Bank to make such Loan, provided PROVIDED that in such event for the purposes of this Agreement such Loan shall be deemed to have been made by such Bank and the obligation of the Company Borrower to repay such Loan shall nevertheless be to such Bank and shall be deemed held by it, to the extent of such Loan, for the account of such branch or affiliate.

Appears in 1 contract

Samples: Credit Agreement (Input Output Inc)

Right of Banks to Fund through Other Offices. Each Bank may, if it so elects, fulfill its commitment as to any Eurodollar Loan by causing a foreign branch or affiliate Affiliate of such Bank to make such Loan, ; provided that in such event for the purposes of this Agreement such Loan shall be deemed to have been made by such Bank and the obligation of the Company to repay pay such Loan shall nevertheless be to such Bank and shall be deemed held by it, to the extent of such Loan, for the account of such branch or affiliateAffiliate.

Appears in 1 contract

Samples: Credit Agreement (Valassis Communications Inc)

Right of Banks to Fund through Other Offices. Each Bank may, if it so elects, fulfill its commitment as to any Eurodollar Loan by causing a foreign branch or affiliate of such Bank to make such Loan, provided that in such event for the purposes of this Agreement such Loan shall be deemed to have been made by such Bank and the obligation of the Company Borrowers to repay such Loan shall nevertheless be to such Bank and shall be deemed held by it, to the extent of such Loan, for the account of such branch or affiliate.

Appears in 1 contract

Samples: Credit Agreement (Bogen Communications International Inc)

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