Common use of Commercially Reasonable Clause in Contracts

Commercially Reasonable. If it is commercially reasonable in the opinion of a Lender receiving Additional Compensation under this Section 4.8, the Lender shall make reasonable efforts to limit the incidence of that Additional Compensation, including by designating a different Lending Office or seeking recovery for the account of the Borrower following the Borrower’s request and at the Borrower’s expense, if the Lender, in its sole determination, would suffer no appreciable economic, legal, regulatory or other disadvantage as a result.

Appears in 2 contracts

Sources: Bridge and Term Loan Credit Agreement, Bridge and Term Loan Credit Agreement

Commercially Reasonable. If it is commercially reasonable in the opinion of a Lender receiving Additional Compensation under this Section 4.84.1, the Lender shall make reasonable efforts to limit the incidence of that Additional Compensation, including by designating a different Lending Office or seeking recovery for the account of the Borrower following the Borrower’s 's request and at the Borrower’s 's expense, if the Lender, in its sole determination, would suffer no appreciable economic, legal, regulatory or other disadvantage as a result.

Appears in 1 contract

Sources: Credit and Guarantee Agreement (Kaiser Francis Oil Co)

Commercially Reasonable. If it is commercially reasonable in the opinion of a Lender receiving Additional Compensation under this Section 4.83.12, the Lender shall make reasonable efforts to limit the incidence of that Additional Compensation, including by designating a different Lending Office or seeking recovery for the account of the Borrower following the Borrower’s request and at the Borrower’s expense, if the Lender, in its sole determination, would suffer no appreciable material economic, legal, regulatory or other disadvantage as a result.

Appears in 1 contract

Sources: Credit Agreement (Tricon Residential Inc.)

Commercially Reasonable. If it is commercially reasonable in the opinion of a the Lender receiving Additional Compensation under this Section 4.84.6, the Lender shall make reasonable efforts to limit the incidence of that Additional Compensation, including by designating a different Lending Office or seeking recovery for the account of the Borrower following the Borrower’s request and at the Borrower’s expense, if the Lender, in its sole determination, would suffer no appreciable economic, legal, regulatory or other disadvantage as a result.

Appears in 1 contract

Sources: Loan Agreement (Quantum Fuel Systems Technologies Worldwide Inc)

Commercially Reasonable. If it is commercially reasonable in the opinion of a Lender receiving Additional Compensation under this Section 4.84.15, the Lender shall make reasonable efforts to limit the incidence of that Additional Compensation, including by designating a different Lending Office or seeking recovery for the account of the Borrower following the Borrower’s 's request and at the Borrower’s 's expense, if the Lender, in its sole determination, would suffer no appreciable economic, legal, regulatory or other disadvantage as a result.

Appears in 1 contract

Sources: Credit Agreement (SunOpta Inc.)

Commercially Reasonable. If it is commercially reasonable in the opinion of a Lender receiving Additional Compensation under this Section 4.85.1, the Lender shall make reasonable efforts to limit the incidence of that Additional Compensation, including by designating a different Lending Office or seeking recovery for the account of the Borrower following the Borrower’s request and at the Borrower’s expense, if the Lender, in its sole determination, would suffer no appreciable economic, legal, regulatory or other disadvantage as a result.

Appears in 1 contract

Sources: Credit and Guarantee Agreement (Lithium Americas Corp.)

Commercially Reasonable. If it is commercially reasonable in the opinion of a Lender receiving Additional Compensation under this Section 4.84.9, the Lender shall make reasonable efforts to limit the incidence of that Additional Compensation, including by designating a different Lending Office or seeking recovery for the account of the Borrower following the Borrower’s request and at the Borrower’s expense, if the Lender, in its sole determination, would suffer no appreciable economic, legal, regulatory or other disadvantage as a result.

Appears in 1 contract

Sources: Credit Agreement (Quest Capital Corp)

Commercially Reasonable. If it is commercially reasonable in the opinion of a Lender receiving Additional Compensation under this Section 4.83.13, the Lender shall make reasonable efforts to limit the incidence of that Additional Compensation, including by designating a different Lending Office or seeking recovery for the account of the Borrower following the Borrower’s request and at the Borrower’s expense, if the Lender, in its sole determination, would suffer no appreciable material economic, legal, regulatory or other disadvantage as a result.

Appears in 1 contract

Sources: Credit Agreement (Tricon Residential Inc.)

Commercially Reasonable. If it is commercially reasonable in the opinion of a the Lender receiving Additional Compensation under this Section 4.84.6, the Lender shall make reasonable efforts to limit the incidence of that Additional Compensation, including by designating a different Lending Office or seeking recovery for the account of the Borrower following the Borrower’s 's request and at the Borrower’s 's expense, if the Lender, in its sole determination, would suffer no appreciable economic, legal, regulatory or other disadvantage as a result.

Appears in 1 contract

Sources: Loan Agreement (Starcraft Corp /In/)