Common use of Administrative Agent as a Lender Clause in Contracts

Administrative Agent as a Lender. The bank serving as the Administrative Agent hereunder shall have the same rights and powers in its capacity as a Lender as any other Lender and may exercise the same as though it were not the Administrative Agent, and such bank and its Affiliates may accept deposits from, lend money to and generally engage in any kind of business with the Borrower or any Subsidiary or other Affiliate thereof as if it were not the Administrative Agent hereunder.

Appears in 13 contracts

Samples: Revolving Credit Agreement (Diversified Energy Co PLC), Senior Secured Revolving Credit Agreement (Silverbow Resources, Inc.), Revolving Credit Agreement (Diversified Energy Co PLC)

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Administrative Agent as a Lender. The Each bank serving as the an Administrative Agent hereunder shall have the same rights and powers in its capacity as a Lender as any other Lender and may exercise the same as though it were not the an Administrative Agent, and such bank and its Affiliates may accept deposits from, lend money to and generally engage in any kind of business with the Borrower or any Subsidiary or other Affiliate thereof as if it were not the an Administrative Agent hereunder.

Appears in 3 contracts

Samples: Second Lien Term Loan Agreement (Rosetta Resources Inc.), Second Lien Term Loan Agreement (Petrohawk Energy Corp), Second Lien Term Loan Agreement (Petrohawk Energy Corp)

Administrative Agent as a Lender. The Each bank serving as the an Administrative Agent hereunder shall have the same rights and powers in its capacity as a Lender as any other Lender and may exercise the same as though it were not the an Administrative Agent, and such bank and its Affiliates may accept deposits from, lend money to and generally engage in any kind of business with either of the Borrower Borrowers or any Subsidiary or other Affiliate thereof as if it were not the an Administrative Agent hereunder.

Appears in 3 contracts

Samples: Second Lien Term Loan Agreement (Quest Resource Corp), Second Lien Term Loan Agreement (Quest Resource Corp), Third Lien Term Loan Agreement (Quest Resource Corp)

Administrative Agent as a Lender. The bank Each Person serving as the an Administrative Agent hereunder shall have the same rights and powers in its capacity as a Lender as any other Lender and may exercise the same as though it were not the an Administrative Agent, and such bank Person and its Affiliates may accept deposits from, lend money to and generally engage in any kind of business with the Borrower or any Subsidiary or other Affiliate thereof as if it were not the an Administrative Agent hereunder.

Appears in 2 contracts

Samples: Senior Secured Bridge Loan (Mainland Resources Inc.), Senior Secured Advancing Line of Credit Agreement (Mainland Resources Inc.)

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Administrative Agent as a Lender. The bank serving as the Administrative Agent hereunder shall have the same rights and powers in its capacity as a Lender as any other Lender and may exercise the same as though it were not the Administrative Agent, and such bank and its Affiliates may accept deposits from, lend money to and generally engage in any kind of business with the Borrower or any Subsidiary or other Affiliate thereof as if it were not the Administrative Agent hereunderAgent.

Appears in 2 contracts

Samples: Junior Secured Debtor in Possession Credit Agreement (Halcon Resources Corp), Senior Secured Revolving Credit Agreement (Halcon Resources Corp)

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