Common use of ADMINISTRATIVE AGENT, IN ITS INDIVIDUAL CAPACITIES Clause in Contracts

ADMINISTRATIVE AGENT, IN ITS INDIVIDUAL CAPACITIES. The Administrative Agent and its Affiliates may make loans to, accept deposits from and generally engage in any kind of business with the Borrower as though the Administrative Agent were not acting in such capacities hereunder and under the other Loan Documents. With respect to the Loans made or renewed by it and the Bridge Note issued to it the Administrative Agent shall have the same rights and powers under this Agreement and the other Loan Documents as any Lender and may exercise the same as though it were not the Administrative Agent, and the terms "Lender" and "Lenders" shall include the Administrative Agent in its individual capacity.

Appears in 2 contracts

Samples: Bridge Loan Agreement (Pca International Inc), Creditrust Corp

AutoNDA by SimpleDocs

ADMINISTRATIVE AGENT, IN ITS INDIVIDUAL CAPACITIES. The Administrative Agent and its Affiliates may make loans to, accept deposits from and generally engage in any kind of business with the Borrower as though the Administrative Agent were not acting in such capacities hereunder and under the other Loan Documents. With respect to the Loans made or renewed by it and the Bridge Note issued to it the Administrative Agent shall have the same rights and powers under this Agreement and the other Loan Documents as any Lender and may exercise the same as though it were not the Administrative Agent, and the terms "LenderLENDER" and "LendersLENDERS" shall include the Administrative Agent in its individual capacity.

Appears in 1 contract

Samples: Bridge Loan Agreement (Windmere Durable Holdings Inc)

AutoNDA by SimpleDocs

ADMINISTRATIVE AGENT, IN ITS INDIVIDUAL CAPACITIES. The Administrative Agent and its Affiliates may make loans to, accept deposits from and generally engage in any kind of business with the Borrower as though the Administrative Agent were not acting in such capacities hereunder and under the other Loan Documents. With respect to the Term Loans made or renewed by it and the Bridge Term Note issued to it the Administrative Agent shall have the same rights and powers under this Agreement and the other Loan Documents as any Lender and may exercise the same as though it were not the Administrative Agent, and the terms "Lender" and "Lenders" shall include the Administrative Agent in its individual capacity.

Appears in 1 contract

Samples: Term Loan Agreement (Flashnet Communications Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!