Common use of Right of Lenders to Fund through Other Offices Clause in Contracts

Right of Lenders to Fund through Other Offices. Each Lender may, if it so elects, fulfill its commitment as to any Loan by causing a foreign branch or Affiliate of that Lender to make that Loan, but each such Loan will be deemed to have been made by that Lender and the obligation of Borrowers to repay that Loan will be to that Lender and will be deemed held by the Lender, to the extent of that Loan, for the account of that branch or Affiliate.

Appears in 5 contracts

Samples: Credit Agreement (AgileThought, Inc.), Credit Agreement (AgileThought, Inc.), Credit Agreement (LIV Capital Acquisition Corp.)

AutoNDA by SimpleDocs

Right of Lenders to Fund through Other Offices. Each Lender may, if it so elects, fulfill its commitment as to any Loan by causing a foreign branch or Affiliate affiliate of that such Lender to make such Loan; provided that Loan, but each in such event for the purposes of this Agreement such Loan will shall be deemed to have been made by that such Lender and the obligation of Borrowers the applicable Borrower to repay that such Loan will shall nevertheless be to that such Lender and will shall be deemed held by the Lenderit, to the extent of that such Loan, for the account of that such branch or Affiliateaffiliate.

Appears in 4 contracts

Samples: Credit Agreement (Regal Beloit Corp), Credit Agreement (Regal Beloit Corp), Credit Agreement (Regal Beloit Corp)

Right of Lenders to Fund through Other Offices. Each Lender may, if it so elects, fulfill its commitment as to any SOFR Loan by causing a foreign branch or Affiliate of that Lender to make that Loan, but each such Loan will be deemed to have been made by that Lender and the obligation of Borrowers Borrower to repay that Loan will be to that Lender and will be deemed held by the Lender, to the extent of that Loan, for the account of that branch or Affiliate.

Appears in 3 contracts

Samples: Credit Agreement (Moneylion Inc.), Credit Agreement (Moneylion Inc.), Credit Agreement (Moneylion Inc.)

Right of Lenders to Fund through Other Offices. Each Lender may, if it so elects, fulfill its commitment as to any Term Loan Commitment by causing a foreign branch or Affiliate of that Lender to make any Term Loan; provided that Loanin such event for the purposes of this Agreement, but each such Term Loan will shall be deemed to have been made by that Lender and the obligation of the Borrowers to repay that such Term Loan will shall nevertheless be to that the Lender and will shall be deemed held by the Lenderit, to the extent of that such Term Loan, for the account of that such branch or Affiliate.

Appears in 3 contracts

Samples: Credit Agreement (Ipass Inc), Credit Agreement (Ipass Inc), Credit Agreement (Ipass Inc)

Right of Lenders to Fund through Other Offices. Each Lender may, if it so elects, fulfill its commitment as to any Loan by causing a foreign branch or Affiliate affiliate of that such Lender to make such Loan; provided that Loan, but each in such event for the purposes of this Agreement such Loan will shall be deemed to have been made by that such Lender and the obligation of Borrowers the Company to repay that such Loan will shall nevertheless be to that such Lender and will shall be deemed held by the Lenderit, to the extent of that such Loan, for the account of that such branch or Affiliateaffiliate.

Appears in 2 contracts

Samples: Credit Agreement (Rexnord Corp), Credit Agreement (Regal Rexnord Corp)

AutoNDA by SimpleDocs

Right of Lenders to Fund through Other Offices. Each Lender mayLender, if it so elects, may fulfill its commitment as agreements hereunder with respect to any Loan by causing a foreign branch or Affiliate of that such Lender to make such Loan; provided, that Loan, but each in such Loan will be deemed to have been made by that Lender and event the obligation of the Borrowers to repay that such Loan will shall nevertheless be to that such Lender and will such Loan shall be deemed held by the Lender, to the extent of that Loan, such Lender for the account of that such branch or Affiliate.

Appears in 2 contracts

Samples: Credit Agreement (School Specialty Inc), Credit Agreement (School Specialty Inc)

Right of Lenders to Fund through Other Offices. Each Lender may, if it so elects, fulfill its commitment Commitment as to any Loan by causing a foreign branch or Affiliate of that Lender its Lending Office to make such Loan; provided that Loanin such event for the purposes of this Agreement, but each such Loan will shall be deemed to have been made by that such Lender and the obligation of Borrowers the Parent to repay that such Loan will shall nevertheless be to that such Lender and will shall be deemed held by the Lenderit, to the extent of that such Loan, for the account of that such branch or Affiliateaffiliate.

Appears in 1 contract

Samples: Credit Agreement (Career Education Corp)

Right of Lenders to Fund through Other Offices. Each Lender mayLender, if it so elects, may fulfill its commitment as agreements hereunder with respect to any Term Loan by causing a foreign branch or Affiliate of that such Lender to make such Term Loan; provided, that Loan, but each in such Loan will be deemed to have been made by that Lender and event the obligation of the Borrowers to repay that such Term Loan will shall nevertheless be to that such Lender and will such Term Loan shall be deemed held by the Lender, to the extent of that Loan, such Lender for the account of that such branch or Affiliate.

Appears in 1 contract

Samples: Credit Agreement (School Specialty Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.