Common use of Special Funding Option Clause in Contracts

Special Funding Option. (a) Notwithstanding anything to the contrary contained herein, any Lender (for the purposes of this Section 9.16, a "Granting Lender") may grant to a special purpose funding vehicle (for the purposes of this Section 9.16, an "SPC") the option to make, on behalf of such Granting Lender, all or a portion of the Loans which such Granting Lender is obligated to make (a "Funding Obligation") under the Revolving Credit Facility, such option to be exercisable in the sole discretion of the SPC, provided, however, that

Appears in 3 contracts

Samples: Credit Agreement (Corecomm LTD /De/), Credit Agreement (Corecomm LTD /De/), Execution Copy (Level 3 Communications Inc)

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Special Funding Option. (a) Notwithstanding anything to the contrary contained herein, any Lender (for the purposes of this Section 9.1612.15, a "Granting Lender") may grant to a special purpose funding vehicle (for the purposes of this Section 9.1612.15, an "SPC") the option to make, on behalf of such Granting Lender, all or a portion of the Loans Advances and Participations which such Granting Lender is obligated to make (a "Funding Obligation") under the Revolving Credit applicable Facility, such option to be exercisable in the sole discretion of the SPC, ; provided, however, that

Appears in 2 contracts

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

Special Funding Option. (a) Notwithstanding anything to the contrary contained herein, any Lender (for the purposes of this Section 9.1611.21, a "Granting Lender") may grant to a special purpose funding vehicle (for the purposes of this Section 9.1611.21, an "SPC") the option to make, on behalf of such Granting Lender, all or a portion of the Loans which such Granting Lender is obligated to make (a "Funding Obligation") under the Revolving Credit Facilityhereunder, such option to be exercisable in the sole discretion of the SPC, provided, however, that

Appears in 2 contracts

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

Special Funding Option. (a) Notwithstanding anything to the contrary contained herein, any Lender (for the purposes of this Section 9.1613.15, a "Granting Lender") may grant to a special purpose funding vehicle (for the purposes of this Section 9.1613.15, an "SPC") the option to make, on behalf of such Granting Lender, all or a portion of the Loans Advances which such Granting Lender is obligated to make (a "Funding Obligation") under the Revolving Credit applicable Facility, such option to be exercisable in the sole discretion of the SPC, ; provided, however, that

Appears in 1 contract

Samples: Credit Agreement (American Greetings Corp)

Special Funding Option. (a) Notwithstanding anything to the contrary contained herein, any Lender (for the purposes of this Section 9.1610.19, a "Granting Lender") may grant to a special purpose funding vehicle which is an Affiliate of the Granting Lender (for the purposes of this Section 9.1610.19, an "SPC") the option to make, on behalf of such Granting Lender, all or a portion of the Loans and participations which such Granting Lender is obligated to make (a "Funding Obligation") under the Revolving Credit FacilityAgreement, such option to be exercisable in the sole discretion of the SPC, ; provided, however, that

Appears in 1 contract

Samples: Credit Agreement (Stryker Corp)

Special Funding Option. (a) Notwithstanding Not withstanding anything to the contrary contained herein, any Lender (for the purposes of this Section 9.16, a "Granting Lender") may grant to a special purpose funding vehicle (for the purposes of this Section 9.16, an "SPC") the option to make, on behalf of such Granting Lender, all or a portion of the Loans which such Granting Lender is obligated to make (a "Funding Obligation") under the Revolving Credit Facilityhereunder, such option to be exercisable in the sole discretion of the SPC, provided, however, that

Appears in 1 contract

Samples: Credit Agreement (McLeodusa Inc)

Special Funding Option. (a) Notwithstanding anything to the contrary contained herein, any Lender (for the purposes of this Section 9.1612.16, a "Granting Lender") may grant to a special purpose funding vehicle (for the purposes of this Section 9.1612.16, an "SPC") the option to make, on behalf of such Granting Lender, all or a portion of the Loans which such Granting Lender is obligated to make (a "Funding Obligation") under the US Revolving Credit Facility or the UK Revolving Facility, such option to be exercisable in the sole discretion of the SPC, provided, however, that

Appears in 1 contract

Samples: Credit Agreement (Mobile Services Group Inc)

Special Funding Option. (a) Notwithstanding anything to the contrary contained herein, any Lender (for the purposes of this Section 9.1612.16, a "Granting Lender") may grant to a special purpose funding vehicle (for the purposes of this Section 9.1612.16, an "SPC") the option to make, on behalf of such Granting Lender, all or a portion of the Loans Advances and Participations which such Granting Lender is obligated to make (a "Funding Obligation") under the Revolving Credit Facilityhereunder, such option to be exercisable in the sole discretion of the SPC, ; provided, however, that

Appears in 1 contract

Samples: Credit Agreement (Gtech Holdings Corp)

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Special Funding Option. (a) Notwithstanding anything to the contrary contained herein, any Lender (for the purposes of this Section 9.16SECTION 13.17, a "Granting Lender") may grant to a special purpose funding vehicle (for the purposes of this Section 9.16SECTION 13.17, an "SPC") the option to make, on behalf of such Granting Lender, all or a portion of the Loans Advances which such Granting Lender is obligated to make (a "Funding Obligation") under the Revolving Credit Facility, such option to be exercisable in the sole discretion of the SPC, providedPROVIDED, howeverHOWEVER, that

Appears in 1 contract

Samples: Credit Agreement (Omnova Solutions Inc)

Special Funding Option. (a) Notwithstanding anything to the contrary contained herein, any Lender (for the purposes of this Section 9.16SECTION 12.17, a "Granting Lender") may grant to a special purpose funding vehicle (for the purposes of this Section 9.16SECTION 12.17, an "SPC") the option to make, on behalf of such Granting Lender, all or a portion of the Loans Advances which such Granting Lender is obligated to make (a "Funding Obligation") under the Revolving Credit 93 100 Facility, such option to be exercisable in the sole discretion of the SPC, providedPROVIDED, howeverHOWEVER, that

Appears in 1 contract

Samples: Credit Agreement (Omnova Solutions Inc)

Special Funding Option. (a) Notwithstanding anything to the contrary contained herein, any Lender (for the purposes of this Section 9.169.14, a "Granting Lender") may grant to a special purpose funding vehicle (for the purposes of this Section 9.169.14, an "SPC") the option to make, on behalf of such Granting Lender, all or a portion of the Loans which such Granting Lender is obligated to make (a "Funding Obligation") under the its Revolving Credit FacilityCommitment, such option to be exercisable in the sole discretion of the SPC, provided, however, that

Appears in 1 contract

Samples: Credit Agreement (Exodus Communications Inc)

Special Funding Option. (a) Notwithstanding anything to the contrary contained herein, any Lender (for the purposes of this Section 9.1610.20, a "Granting Lender") may grant to a special purpose funding vehicle which is an Affiliate of the Granting Lender (for the purposes of this Section 9.1610.20, an "SPC") the option to make, on behalf of such Granting Lender, all or a portion of the Revolving Loans and participations (including Offshore Currency Risk Participations) which such Granting Lender is obligated to make (a "Funding Obligation") under the Revolving Credit FacilityAgreement, such option to be exercisable in the sole discretion of the SPC, ; provided, however, that

Appears in 1 contract

Samples: Credit Agreement (Stryker Corp)

Special Funding Option. (a) Notwithstanding anything to ----------------------- the contrary contained herein, any Lender (for the purposes of this Section 9.16, a "Granting Lender") may grant to a special purpose funding vehicle (for --------------- the purposes of this Section 9.16, an "SPC") the option to make, on behalf of --- such Granting Lender, all or a portion of the Loans which such Granting Lender is obligated to make (a "Funding Obligation") under the Revolving Credit ------------------ Facility, such option to be exercisable in the sole discretion of the SPC, provided, however, thatthat -------- -------

Appears in 1 contract

Samples: Credit Agreement (McLeodusa Inc)

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