Lending Branch. Each Lender may, at its option, elect to make, fund or maintain its pro rata share of the Loans hereunder at the branches, offices, subsidiaries or affiliates specified on the signature pages hereof or on any Assignment Agreement executed and delivered pursuant to Section 11.10 hereof or at such of its branches, offices, subsidiaries or affiliates as such Lender may from time to time elect. All the terms of this Agreement shall only apply to any such branch, office, subsidiary or affiliates and the Loans and Notes issued hereunder shall be deemed held by each Lender for the benefit of any such branch, office, subsidiary or affiliate. To the extent reasonably possible, a Lender shall designate an alternate branch or funding office with respect to its pro rata share of the LIBOR Portions to reduce any liability of the Company to such Lender under Section 2.7 hereof or to avoid the unavailability of an interest rate option under Section 2.6 hereof, so long as such designation is not otherwise disadvantageous to the Lender.
Appears in 3 contracts
Sources: Long Term Multicurrency Credit Agreement (Anicom Inc), Short Term Credit Agreement (Anicom Inc), Credit Agreement (Anicom Inc)