Common use of Booking Borrowings Clause in Contracts

Booking Borrowings. To the extent lawful, any Lender may make, carry or transfer its Borrowings at, to or for the account of any of its branch offices or the office or branch of any of its Affiliates. However, no Affiliate or branch is entitled to receive any greater payment under Section 3.16 than the transferor Lender would have been entitled to receive with respect to those Borrowings, and a transfer may not be made if, as a direct result of it, Section 3.16 or 3.17 would apply to any of the Obligations. If any of the conditions of Sections 3.16 or 3.17 ever apply to a Lender, that Lender shall, to the extent possible, carry or transfer its Borrowings at, to or for the account of any of its branch offices or the office or branch of any of its Affiliates so long as the transfer is consistent with the other provisions of this section, does not create any burden or adverse circumstance for that Lender that would not otherwise exist, and eliminates or ameliorates the conditions of Section 3.16 or 3.17 as applicable.

Appears in 9 contracts

Samples: Credit Agreement (Teppco Partners Lp), Term Credit Agreement (Teppco Partners Lp), Credit Agreement (Teppco Partners Lp)

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Booking Borrowings. To the extent lawful, any Lender may make, carry carry, or transfer its Borrowings at, to to, or for the account of any of its branch offices or the office or branch of any of its Affiliates. However, no Affiliate or branch is entitled to receive any greater payment under Section 3.16 SECTION 3.15 than the transferor Lender would have been entitled to receive with respect to those Borrowings, and a transfer may not be made if, as a direct result of it, Section 3.16 SECTION 3.15 or 3.17 would apply to any of the ObligationsObligation. If any of the conditions of Sections SECTIONS 3.16 or 3.17 ever apply to a Lender, that Lender shall, to the extent possible, carry or transfer its Borrowings at, to to, or for the account of any of its branch offices or the office or branch of any of its Affiliates so long as the transfer is consistent with the other provisions of this section, does not create any burden or adverse circumstance for that Lender that would not otherwise exist, and eliminates or ameliorates the conditions of Section SECTIONS 3.16 or 3.17 as applicable.

Appears in 2 contracts

Samples: Credit Agreement (Teppco Partners Lp), Credit Agreement (Teppco Partners Lp)

Booking Borrowings. To the extent lawfulpermitted by applicable law, any Lender may make, carry or transfer its Borrowings at, to to, or for the account of any of its branch offices or the office or branch of any of its Affiliates. However, no Affiliate or branch is entitled to receive any greater payment under Section 3.16 SECTION 3.15 than the transferor Lender would have been entitled to receive with respect to those Borrowings, and a transfer may not be made if, as a direct result of it, Section SECTION 3.15 or 3.16 or 3.17 would apply to any of the ObligationsObligation. If any of the conditions of Sections SECTIONS 3.15 or 3.16 or 3.17 ever apply to a Lender, that then such Lender shall, to the extent possible, carry or transfer its Borrowings at, to to, or for the account of any of its branch offices or the office or branch of any of its Affiliates so long as the transfer is consistent with the other provisions of this section, does not create any burden or adverse circumstance for that such Lender that would not otherwise exist, and eliminates or ameliorates the conditions of Section SECTIONS 3.15 or 3.16 or 3.17 as applicable.

Appears in 1 contract

Samples: Credit Agreement (Prentiss Properties Trust/Md)

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Booking Borrowings. To the extent lawfulpermitted by applicable law, any Lender may make, carry or transfer its Borrowings at, to to, or for the account of any of its branch offices or the office or branch of any of its Affiliates. However, no Affiliate or branch is entitled to receive any greater payment under Section 3.16 SECTION 3.15 than the transferor Lender would have been entitled to receive with respect to those Borrowings, and a transfer may not be made if, as a direct result of it, Section SECTION 3.15 or 3.16 or 3.17 would apply to any of the ObligationsObligation. If any of the conditions of Sections SECTIONS 3.15 or 3.16 or 3.17 ever apply to a Lender, that then such Lender shall, to the extent possible, carry or transfer its Borrowings at, to to, or for the account of any of its branch offices or the office or branch of any of its Affiliates so long as the transfer is consistent with the other provisions of this sectionSECTION, does not create any burden or adverse circumstance for that such Lender that would not otherwise exist, and eliminates or ameliorates the conditions of Section SECTIONS 3.15 or 3.16 or 3.17 as applicable.

Appears in 1 contract

Samples: Credit Agreement (Prentiss Properties Trust/Md)

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