Common use of Right of Lenders to Fund through Branches and Affiliates Clause in Contracts

Right of Lenders to Fund through Branches and Affiliates. Each Lender may, if it so elects, fulfill its commitment as to any Loan hereunder by designating a branch or Affiliate of such Lender to make such Loan; provided, however, that (a) such Lender shall remain solely responsible for the performances of its obligations hereunder, (b) no such designation shall result in any increased costs to the Borrowers and (c) such branch or Affiliate complies with all form delivery and other requirements hereunder (including pursuant to Section 4.1).

Appears in 2 contracts

Samples: Credit Agreement (Mettler Toledo Holding Inc), Credit Agreement (Mettler Toledo Holding Inc)

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Right of Lenders to Fund through Branches and Affiliates. Each Lender may, if it so elects, fulfill its commitment as to any Loan hereunder by designating a branch or Affiliate of such Lender to make such Loan; provided, however, provided that (a) such Lender shall remain solely responsible for the performances of its obligations hereunder, (b) no such designation shall result in any increased costs to the Borrowers and (c) such branch or Affiliate complies with all form delivery and other requirements hereunder (including pursuant to Section 4.1).its

Appears in 2 contracts

Samples: Security Agreement (Rent the Runway, Inc.), Security Agreement (Rent the Runway, Inc.)

Right of Lenders to Fund through Branches and Affiliates. Each Lender may, if it so elects, fulfill its commitment as to any Loan hereunder by designating a branch or Affiliate of such Lender to make such Loan; provided, however, that (a) such Lender shall remain solely responsible for the performances of its obligations hereunder, (b) no such designation shall result in any material increased costs to the Borrowers any Applicable Borrower and (c) such branch or Affiliate complies with all form delivery and other requirements hereunder (including in- cluding pursuant to Section 4.1)) as if it were a Lender.

Appears in 1 contract

Samples: Senior Secured Credit Agreement (Greif Brothers Corp)

Right of Lenders to Fund through Branches and Affiliates. Each Lender may, if it so elects, fulfill its commitment as to any Loan hereunder by designating a branch or Affiliate of such Lender to make such Loan; provided, however, provided that (a) such Lender shall remain solely responsible for the performances performance of its obligations hereunder, hereunder and (b) no such designation shall result in any increased costs to the Borrowers and (c) such branch or Affiliate complies with all form delivery and other requirements hereunder (including pursuant to Section 4.1)applicable Borrower.

Appears in 1 contract

Samples: Credit Agreement (Video Update Inc)

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Right of Lenders to Fund through Branches and Affiliates. Each Lender may, if it so elects, fulfill its commitment as to any Loan hereunder by designating a branch or Affiliate of such Lender to make such Loan; provided, however, provided that (a) such Lender shall remain solely responsible for the performances of its obligations hereunder, hereunder and (b) no such designation shall result in any material increased costs to the Borrowers and (c) such branch Borrower or Affiliate complies with all form delivery and other requirements hereunder (including pursuant to Section 4.1)the Agent.

Appears in 1 contract

Samples: Security Agreement (Rent the Runway, Inc.)

Right of Lenders to Fund through Branches and Affiliates. Each Lender may, if it so elects, fulfill its commitment as to any Loan Advance hereunder by designating a branch or Affiliate of such Lender to make such LoanAdvance; provided, however, provided that (a) such Lender shall remain solely responsible for the performances of its obligations hereunder, hereunder and (b) no such designation shall result in any material increased costs to the Borrowers and (c) such branch or Affiliate complies with all form delivery and other requirements hereunder (including pursuant to Section 4.1)Company.

Appears in 1 contract

Samples: Credit Agreement (Quantum Fuel Systems Technologies Worldwide Inc)

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