Change of Lending Office; Replacement of Lenders. (a) ------------------------------------------------ Each Lender agrees that if it makes any demand for payment under Section 3.10 or 3.11, or if any -35- adoption or change of the type described in Section 3.09 shall occur with respect to it, it shall use reasonable efforts (consistent with its internal policy and legal and regulatory restrictions and so long as such efforts would not be disadvantageous to it, as determined in its sole discretion) to designate a different lending office if the making of such a designation would reduce or obviate the need for the Company to make payments under Section 3.10 or 3.11, or would eliminate or reduce the effect of any adoption or change described in Section 3.09.
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Samples: Federal Mogul Corp
Change of Lending Office; Replacement of Lenders. (a) ------------------------------------------------ Each -------------------------------------------------------------- Lender agrees that if it makes any demand for payment under Section 3.10 7.10 or 3.117.11, or if any -35- adoption or change of the type described in Section 3.09 7.9 shall occur with respect to it, it shall use reasonable efforts (consistent with its internal policy and legal and regulatory restrictions and so long as such efforts would not be disadvantageous to it, as determined in its sole discretion) to designate a different lending office if the making of such a designation would reduce or obviate the need for the Company Borrowers to make payments under Section 3.10 7.10 or 3.117.11, or would eliminate or reduce the effect of any adoption or change described in Section 3.097.9.
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Change of Lending Office; Replacement of Lenders. (a) ------------------------------------------------ Each Lender agrees that if it makes any demand for payment under Section 3.10 5.10 or 3.115.11, or if any -35- adoption or change of the type described in Section 3.09 5.09 shall occur with respect to it, it shall use reasonable efforts (consistent with its internal policy and legal and regulatory restrictions and so long as such efforts would not be disadvantageous to it, as determined in its sole discretion) to designate a different lending office if the making of such a designation would reduce or obviate the need for the Company Borrowers to make payments under Section 3.10 5.10 or 3.115.11, or would eliminate or reduce the effect of any adoption or change described in Section 3.095.09.
Appears in 1 contract
Change of Lending Office; Replacement of Lenders. (a) ------------------------------------------------ Each Lender agrees that if it makes any demand for payment under Section 3.10 or 3.11, or if any -35- adoption or change of the type described in Section 3.09 shall occur with respect to it, it shall use reasonable efforts (consistent with its internal policy and legal and regulatory restrictions and so long as such efforts would not be disadvantageous to it, as determined in its sole discretion) to designate a different lending office if the making of such a designation would reduce or obviate the need for the Company to make payments under Section 3.10 or 3.11, or would eliminate or reduce the effect of any adoption or change described in Section 3.09.
Appears in 1 contract
Samples: Federal Mogul Corp