Common use of Lending Branch Clause in Contracts

Lending Branch. The Bank may, at its option, elect to make, fund or maintain Portions of the Loans hereunder at such of its branches or offices as the Bank may from time to time elect. To the extent reasonably possible, the Bank shall designate an alternate branch or funding office with respect to the Fixed Rate Portions to reduce any liability of the Company to the Bank under Section 2.6 hereof or to avoid the unavailability of an interest rate option under Section 2.5 hereof, so long as such designation is not otherwise disadvantageous to the Bank. Section 2.9.

Appears in 2 contracts

Samples: Credit Agreement (Oil-Dri Corp of America), Oil-Dri Corp of America

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Lending Branch. The Bank may, at its option, elect to make, fund or maintain Portions of the Loans hereunder at such of its branches or offices as the Bank may from time to time elect. To the extent reasonably possible, the Bank shall designate an alternate branch or funding office with respect to the Fixed Rate Portions to reduce any liability of the Company to the Bank under Section 2.6 hereof or to avoid the unavailability of an interest rate option under Section 2.5 hereof, so long as such designation is not otherwise disadvantageous to the Bank. Section 2.9.

Appears in 2 contracts

Samples: Credit Agreement (Oil-Dri Corp of America), Guaranty Agreement (Oil Dri Corporation of America)

Lending Branch. The Bank may, at its option, elect to make, fund or maintain Portions of the Loans hereunder at such of its branches or offices as the Bank may from time to time elect. To the extent reasonably possible, the Bank shall designate an alternate branch or funding office with respect to the Fixed Rate LIBOR Portions to reduce any liability of the Company Borrower to the Bank under Section 2.6 2.7 hereof or to avoid the unavailability of an interest rate option under Section 2.5 2.6 hereof, so long as such designation is not otherwise disadvantageous to the Bank. Section 2.9.

Appears in 2 contracts

Samples: Credit Agreement (Diamond Management & Technology Consultants, Inc.), Credit Agreement (Diamond Management & Technology Consultants, Inc.)

Lending Branch. The Bank may, at its option, elect to make, fund or maintain Portions of the Loans hereunder at such of its branches or offices as the Bank may from time to time elect. To the extent reasonably possible, the Bank shall designate an alternate branch or funding office with respect to the Fixed Rate LIBOR Portions to reduce any liability of the Company Borrower to the Bank under Section 2.6 8.3 hereof or to avoid the unavailability of an interest rate option under Section 2.5 8.2 hereof, so long as such designation is not otherwise disadvantageous to the Bank. Section 2.9.

Appears in 2 contracts

Samples: Credit Agreement (Cleveland Cliffs Inc), Credit Agreement (Cleveland Cliffs Inc)

Lending Branch. The Bank may, at its option, elect to make, fund or maintain Portions of the Revolving Credit Loans hereunder at such of its branches or offices as the Bank may from time to time elect. To the extent reasonably possible, the Bank shall designate an alternate branch or funding office with respect to the Fixed Rate Portions to reduce any liability of the Company to the Bank under Section 2.6 hereof or to avoid the unavailability of an interest rate option under Section 2.5 hereof, so long as such designation is not otherwise disadvantageous to the Bank. Section 2.9.

Appears in 1 contract

Samples: Guaranty Agreement (Oil Dri Corporation of America)

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Lending Branch. The Bank may, at its option, elect to make, fund or maintain Portions of the Loans hereunder at such of its branches or offices as the Bank may from time to time elect. To ; provided, however, if such designation by the extent reasonably possibleBank results in any request for compensation pursuant to Section 2.4 or 2.6 hereof, the Bank shall use reasonable efforts to designate an alternate a different branch or funding office with respect that would eliminate or reduce the amounts payable pursuant to the Fixed Rate Portions to reduce any liability of the Company to the Bank under Section 2.6 hereof or to avoid the unavailability of an interest rate option under Section 2.5 hereof, so long as such designation is not otherwise disadvantageous to the Bank. Section 2.9Sections 2.4 and/or 2.6.

Appears in 1 contract

Samples: Credit Agreement (Hyco International, Inc.)

Lending Branch. The Bank may, at its option, elect to make, fund or maintain Portions of the Loans hereunder at such of its branches or offices as the Bank may from time to time elect. To the extent reasonably possible, the Bank shall designate an alternate branch or funding office with respect to the Fixed Rate Portions to reduce any liability of the Company Borrower to the Bank under Section 2.6 2.7 hereof or to avoid the unavailability of an interest rate option under Section 2.5 2.6 hereof, so long as such designation is not otherwise disadvantageous to the Bank. Section 2.9.

Appears in 1 contract

Samples: Credit Agreement (Woodhead Industries Inc)

Lending Branch. The Bank may, at its option, elect to make, fund or maintain Portions of the Loans hereunder at such of its branches or offices as the Bank may from time to time elect. To the extent reasonably possible, the Bank shall designate an alternate branch or funding office with respect to the Fixed Rate LIBOR Portions to reduce any liability of the Company relevant Borrower to the Bank under Section 2.6 2.7 hereof or to avoid the unavailability of an interest rate option under Section 2.5 2.6 hereof, so long as such designation is not otherwise disadvantageous to the Bank. Section 2.9.

Appears in 1 contract

Samples: Credit Agreement (Midwest Banc Holdings Inc)

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