Common use of Lending Branch Clause in Contracts

Lending Branch. The Bank may, at its option, elect to make, fund or maintain Portions of the Loans hereunder at such of its branches or offices as the Bank may from time to time elect. To the extent reasonably possible, the Bank shall designate an alternate branch or funding office with respect to the Fixed Rate Portions to reduce any liability of the Company to the Bank under Section 2.6 hereof or to avoid the unavailability of an interest rate option under Section 2.5 hereof, so long as such designation is not otherwise disadvantageous to the Bank.

Appears in 5 contracts

Sources: Credit Agreement (Oil-Dri Corp of America), Credit Agreement (Oil-Dri Corp of America), Credit Agreement (Oil-Dri Corp of America)

Lending Branch. The Bank may, at its option, elect to make, fund or maintain Portions of the Loans hereunder at such of its branches or offices as the Bank may from time to time elect. To the extent reasonably possible, the Bank shall designate an alternate branch or funding office with respect to the Fixed Rate Portions to reduce any liability of the Company Borrower to the Bank under Section 2.6 2.7 hereof or to avoid the unavailability of an interest rate option under Section 2.5 2.6 hereof, so long as such designation is not otherwise disadvantageous to the Bank.

Appears in 1 contract

Sources: Credit Agreement (Woodhead Industries Inc)

Lending Branch. The Bank may, at its option, elect to make, fund or maintain Portions of the Revolving Credit Loans hereunder at such of its branches or offices as the Bank may from time to time elect. To the extent reasonably possible, the Bank shall designate an alternate branch or funding office with respect to the Fixed Rate Portions to reduce any liability of the Company to the Bank under Section 2.6 hereof or to avoid the unavailability of an interest rate option under Section 2.5 hereof, so long as such designation is not otherwise disadvantageous to the Bank.

Appears in 1 contract

Sources: Loan Agreement (Oil Dri Corporation of America)