Applicable Lending Installation. Each Lender and the Agent may make and books its Loans and, in the case of the Agent, issue Letters of Credit, at any Applicable Lending Installation(s) selected by such Lender or the Agent, as the case may be, and each Lender and the Agent may change its Applicable Lending Installation(s) from time to time. Each Lender may, by written notice to the Agent and the applicable Borrower, designate one or more Applicable Lending Installations which are to make and book Loans and for whose account Loan payments are to be made. The Agent may, by written notice to the applicable Borrower, designate one or more Applicable Lending Installations which are to make and book Swingline Loans and issue and book Letters of Credit and for whose accounts Loan payments and Letter of Credit reimbursements are to be made and through which its functions are to be performed. All terms of this Agreement shall apply to any such Applicable Lending Installation(s) and the Notes shall be deemed held by each Lender and the Agent, as the case may be, for the benefit of such Applicable Lending Installation.
Appears in 1 contract
Sources: Credit Agreement (MSX International Business Services Inc)
Applicable Lending Installation. Each Lender and the Agent may make and books book its Loans and, in the case of the Agent, issue Letters of Credit, at any Applicable Lending Installation(s) selected by such Lender or the Agent, as the case may be, and each Lender and the Agent may change its Applicable Lending Installation(s) from time to time. Each Lender may, by written notice to the Agent and the applicable Borrower, designate one or more Applicable Lending Installations which are to make and book Loans and for whose account Loan payments are to be made. The Agent may, by written notice to the applicable Borrower, designate one or more Applicable Lending Installations which are to make and book Swingline Loans and issue and book Letters of Credit and for whose accounts Loan payments and Letter of Credit reimbursements are to be made and through which its functions are to be performed. All terms of this Agreement shall apply to any such Applicable Lending Installation(s) and the Notes shall be deemed held by each Lender and the Agent, as the case may be, for the benefit of such Applicable Lending Installation.
Appears in 1 contract
Applicable Lending Installation. Each Lender and the Agent may make and books its Loans and, in the case of the Agent, issue Letters of Credit, at any Applicable Lending Installation(s) selected by such Lender or the Agent, as the case may be, and each Lender and the Agent may change its Applicable Lending Installation(s) from time to time. Each Lender may, by written notice to the Agent and the applicable Borrower, designate one or more Applicable Lending Installations which are to make and book Loans and for whose account Loan payments are to be made. The Agent may, by written notice to the applicable Borrower, designate one or more Applicable Lending Installations which are to make and book Swingline Loans and issue and book Letters of Credit and for whose accounts Loan payments and Letter of Credit reimbursements are to be made and through which its functions are to be performed. All terms of this Agreement shall apply to any such Applicable Lending Installation(s) and the Notes shall be deemed held by each Lender and the Agent, as the case may be, for the benefit of such Applicable Lending Installation.
Appears in 1 contract
Sources: Loan Agreement (Airnet Systems Inc)