Source of Funding Options. Each Lender may, at its option, make any Loan available to the Borrower by causing any foreign or domestic branch or Affiliate of such Lender to make such Loan; provided that any exercise of such option shall not affect the obligation of the Borrower to repay such Loan in accordance with the terms of this Agreement.
Appears in 5 contracts
Samples: Credit Agreement (Seacor Holdings Inc /New/), Credit Agreement (Seacor Holdings Inc /New/), Credit Agreement (Seacor Holdings Inc /New/)
Source of Funding Options. Each Lender may, at its option, make any Loan available to the any Borrower by causing any foreign or domestic branch or Affiliate of such Lender to make such Loan; provided that any exercise of such option shall not affect the obligation of the such Borrower to repay such Loan in accordance with the terms of this Agreement.
Appears in 2 contracts
Samples: Senior Secured Revolving Credit Agreement (Paragon Offshore Ltd.), Senior Secured Revolving Credit Agreement (Noble Corp PLC)
Source of Funding Options. Each Lender may, at its option, make any Loan available to the Borrower or fund any participation in a Loan by causing any foreign or domestic branch or Affiliate of such Lender to make such LoanLoan or fund such participation; provided that that, any exercise of such option shall not affect the obligation of the Borrower to repay any such Loan or other Obligation in accordance with the terms of this Agreement.
Appears in 1 contract
Samples: Senior Secured Term Loan Agreement (Paragon Offshore PLC)
