Common use of LIBOR Lending Offices Clause in Contracts

LIBOR Lending Offices. Each Lender's initial LIBOR Lending --------------------- Office is set forth opposite its name in Schedule 1 attached hereto. Each ---------- Lender shall have the right at any time and from time to time to designate a different office of itself or of any Affiliate of such Lender as such Lender's LIBOR Lending Office, and to transfer any outstanding LIBOR Advance to such LIBOR Lending Office. No such designation or transfer shall result in any liability on the part of the Borrower for increased costs or expenses resulting solely from such designation or transfer (except any such transfer which is made by a Lender pursuant to Section 9.2 or 9.3 hereof, or otherwise for the purpose ----------- --- of complying with Applicable Law, to the extent that Applicable Law, or any relevant construction or interpretation thereof, changes after the Agreement Date). Increased costs for expenses resulting from a change in law occurring subsequent to any such designation or transfer shall be deemed not to result solely from such designation or transfer.

Appears in 3 contracts

Samples: Credit Agreement (Compucom Systems Inc), Credit Agreement (Safeguard Scientifics Inc Et Al), Credit Agreement (Compucom Systems Inc)

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LIBOR Lending Offices. Each Lender's initial LIBOR Lending --------------------- Office is set forth opposite its name in Schedule 1 attached hereto. Each ---------- Lender shall have the right at any time and from time to time to designate a different office of itself or of any Affiliate of such Lender as such Lender's LIBOR Lending Office, and to transfer any outstanding LIBOR Advance to such LIBOR Lending Office. No such designation or transfer shall result in any liability on the part of the Borrower for increased costs or expenses resulting solely from such designation or transfer (except any such transfer which is made by a Lender pursuant to Section 9.2 or 9.3 hereof, or otherwise for the purpose ----------- --- of complying with Applicable Law, to the extent that Applicable Law, or any relevant construction or interpretation thereof, changes after the Agreement Date). Increased costs for expenses resulting from a change in law occurring subsequent to any such designation or transfer shall be deemed not to result solely from such designation or transfer.

Appears in 3 contracts

Samples: Credit Agreement (Sunterra Corp), Credit Agreement (Signature Resorts Inc), Credit Agreement (Pc Service Source Inc)

LIBOR Lending Offices. Each Lender's initial LIBOR Lending --------------------- Office is set forth opposite its name in Schedule 1 attached hereto. Each ---------- Lender shall have the right at any time and from time to time to designate a different office of itself or of any Affiliate of such Lender as such Lender's LIBOR Lending Office, and to transfer any outstanding LIBOR Advance to such LIBOR Lending Office. No such designation or transfer shall result in any liability on the part of the Borrower for increased costs or expenses resulting solely from such designation or transfer (except any such transfer which is made by a Lender pursuant to Section 9.2 or ----------- 9.3 hereof, or otherwise for the purpose ----------- --- of complying with Applicable Law, to --- the extent that Applicable Law, or any relevant construction or interpretation thereof, changes after the Agreement Date). Increased costs for expenses resulting from a change in law occurring subsequent to any such designation or transfer shall be deemed not to result solely from such designation or transfer.

Appears in 1 contract

Samples: Credit Agreement (Sunterra Corp)

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LIBOR Lending Offices. Each Lender's initial LIBOR Lending --------------------- Office is set forth opposite its name in Schedule SCHEDULE 1 attached hereto. Each ---------- Lender shall have the right at any time and from time to time to designate a different office of itself or of any Affiliate of such Lender as such Lender's LIBOR Lending Office, and to transfer any outstanding LIBOR Advance to such LIBOR Lending Office. No such designation or transfer shall result in any liability on the part of the Borrower for increased costs or expenses resulting solely from such designation or transfer (except any such transfer which is made by a Lender pursuant to Section SECTION 9.2 or 9.3 hereof, or otherwise for the purpose ----------- --- of complying with Applicable Law, to the extent that Applicable Law, or any relevant construction or interpretation thereof, changes after the Agreement Date). Increased costs for expenses resulting from a change in law occurring subsequent to any such designation or transfer shall be deemed not to result solely from such designation or transfer.

Appears in 1 contract

Samples: Credit Agreement (Safeguard Scientifics Inc Et Al)

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