Common use of Funding Sources Clause in Contracts

Funding Sources. Nothing in this Agreement shall be deemed to obligate any Bank to obtain the funds for any Loan or Advance in any particular place or manner or to constitute a representation by any Bank that it has obtained or will obtain the funds for any Loan or Advance in any particular place or manner. Each of the Borrowers agrees that, for the purposes of any determination to be made under Section 3.8, each Bank shall be deemed to have funded its EURO Rate Advances with Dollar or Euro deposits, as the case may be, in the London interbank market.

Appears in 5 contracts

Samples: Credit Agreement (Amgen Inc), Assignment Agreement (Amgen Inc), Credit Agreement (Amgen Inc)

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Funding Sources. Nothing in this Agreement shall be deemed to --------------- obligate any Bank to obtain the funds for any Loan or Advance in any particular place or manner or to constitute a representation by any Bank that it has obtained or will obtain the funds for any Loan or Advance in any particular place or manner. Each of the Borrowers agrees agree that, for the purposes of any determination to be made under Section 3.83.8 or the definition of Eurodollar Reserve Percentage, each Bank shall be deemed to have funded its EURO Eurodollar Rate Advances with Dollar or Euro deposits, as the case may be, dollar deposits in the London interbank market.

Appears in 1 contract

Samples: Credit Agreement (Amgen Inc)

Funding Sources. Nothing in this Agreement shall be deemed to obligate any Bank to obtain the funds for any Loan or Advance in any particular place or manner or to constitute a representation by any Bank that it has obtained or will obtain the funds for any Loan or Advance in any particular place or manner. Each of the Borrowers The Borrower agrees that, for the purposes of any determination to be made under Section 3.83.5, each Bank shall be deemed to have funded its EURO Eurodollar Rate Advances with Dollar or Euro deposits, as the case may be, deposits in the London interbank market.

Appears in 1 contract

Samples: Assignment Agreement (Amgen Inc)

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Funding Sources. Nothing in this Agreement shall be deemed to obligate any Bank to obtain the funds for any Loan or Advance in any particular place or manner or to constitute a representation by any Bank that it has obtained or will obtain the funds for any Loan or Advance in any particular place or manner. Each of the Borrowers agrees that, for the purposes of any determination to be made under Section 3.8, each Bank shall be deemed to have funded its EURO EURIBOR Rate Advances with Dollar or Euro deposits, as the case may be, deposits in the London interbank marketInterbank Market.

Appears in 1 contract

Samples: Credit Agreement (Amgen Inc)

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