Common use of Alternate Office; Minimization of Costs Clause in Contracts

Alternate Office; Minimization of Costs. (a) To the extent reasonably possible, each Lender shall designate an alternative Lending Office with respect to its Loans and otherwise take any reasonable actions to reduce any liability of Borrower to such Lender under Section 3.4(d), 3.6(c) or 3.6(d), or to avoid the unavailability of Loans or the determination of the interest rate under Section 3.6(a) or Section 3.6(b) so long as such Lender, in its sole discretion, determines that such designation is not materially disadvantageous to such Lender.

Appears in 4 contracts

Samples: Financing Agreement (First Wind Holdings Inc.), Financing Agreement (First Wind Holdings Inc.), Financing Agreement (First Wind Holdings Inc.)

AutoNDA by SimpleDocs

Alternate Office; Minimization of Costs. (a) To the extent reasonably possible, each Any Lender shall may designate an alternative a Lending Office with respect other than that set forth in Annex 2 and may assign all of its interests under the Financing Documents, and its Notes (if any), to its Loans such Lending Office, provided that such designation and otherwise take any reasonable actions to reduce any assignment do not at the time of such designation and assignment increase the reasonably foreseeable liability of the Borrower to such Lender under Section 3.4(d2.4(d), 3.6(c) or 3.6(d), or to avoid the unavailability of Loans or the determination of the interest rate under Section 3.6(a2.6(a) or Section 3.6(b) so long as such Lender, in its sole discretion, determines that such designation is not materially disadvantageous to such Lender2.6(b).

Appears in 2 contracts

Samples: Accession Agreement (Vivint Solar, Inc.), Loan Agreement (Vivint Solar, Inc.)

Alternate Office; Minimization of Costs. (a) To the extent reasonably possible, each Lender shall designate an alternative Lending Office with respect to its Loans and LC Loans and otherwise take any reasonable actions to reduce any liability of Borrower to such Lender under Section 3.4(dSections 2.9(e), 3.6(c2.11(c) or 3.6(d2.11(d), or to avoid the unavailability of any Loans or the determination of the LC Loans or an interest rate option under Section 3.6(a) or Section 3.6(b2.11(b) so long as such Lender, in its sole discretion, determines does not determine that such designation is not illegal or materially disadvantageous to such Lender.

Appears in 1 contract

Samples: Management Services Agreement (Macquarie Infrastructure Corp)

Alternate Office; Minimization of Costs. (a) To the extent reasonably possible, each Lender shall designate an alternative Lending Office with respect to its Loans and otherwise take any reasonable actions to reduce any liability of Borrower to such Lender under Section 3.4(dSections 2.4(d), 3.6(c2.5(c) or 3.6(d2.5(d), or to avoid the unavailability of any Loans or the determination of the interest rate under Section 3.6(a) or Section 3.6(b) so long as such Lender, in its sole reasonable discretion, determines does not determine that such designation is not materially disadvantageous to such Lender.

Appears in 1 contract

Samples: Financing Agreement (Us Geothermal Inc)

AutoNDA by SimpleDocs

Alternate Office; Minimization of Costs. (a) To the extent reasonably possible, each Lender shall designate an alternative Lending Office with respect to its Loans and otherwise take any reasonable actions to reduce any liability of the Borrower to such Lender under Section 3.4(d2.4(d), 3.6(c) Section 2.6(c), or 3.6(dSection 2.6(d), or to avoid the unavailability of any Loans or the determination of the interest rate a conversion under Section 3.6(a2.6(a) or Section 3.6(b2.6(b) so long as such Lender, in its sole discretion, determines does not determine that such designation is not materially disadvantageous to such Lender.

Appears in 1 contract

Samples: Financing Agreement (Altus Power, Inc.)

Alternate Office; Minimization of Costs. (a) To the extent reasonably possible, each Lender shall designate an alternative Lending Office lending office with respect to its LIBOR Loans and otherwise take any reasonable actions to reduce any liability of Borrower to such Lender under Section 3.4(d), 3.6(c) or 3.6(d)this Article 4, or to avoid the unavailability of any type of Loans or the determination of the interest rate under Section 3.6(a) or Section 3.6(b) 4.2 so long as such Lender, in its sole discretion, determines Lender does not determine that such designation is not materially disadvantageous to such Lender.

Appears in 1 contract

Samples: Credit Agreement (Spherion Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.