Common use of AGENT AND AFFILIATE Clause in Contracts

AGENT AND AFFILIATE. With respect to the Loans made by it hereunder, the Letters of Credit issued by it hereunder and the Notes issued to it, the Agents and the Issuing Bank, each in its individual capacity and not as an Agent or the Issuing Bank, as the case may be, shall have the same rights and powers as any other Lender and may exercise the same as though it were not an Agent or the Issuing Bank. The Agents and the Issuing Bank (and its Affiliates) may accept deposits from, lend money to and generally engage in any kind of business and transactions with the Borrower or any Subsidiary or other Affiliate thereof as if it were not an Agent or the Issuing Bank (or such Affiliate thereof).

Appears in 3 contracts

Samples: Credit Agreement (Robbins & Myers Inc), Credit Agreement (Robbins & Myers Inc), Credit Agreement (Robbins & Myers Inc)

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AGENT AND AFFILIATE. With respect to the Loans made by it hereunder, the Letters of Credit issued by it hereunder and the Notes issued to it, each of the Agents Agent and the Issuing Bank, each in its individual capacity and not as an the Agent or the Issuing Bank, as the case may be, shall have the same rights and powers as any other Lender and may exercise the same as though it were not an the Agent or the Issuing Bank. The Agents Each of the Agent and the Issuing Bank (and its Affiliates) may accept deposits from, lend money to and generally engage in any kind of business and transactions with the Borrower or any Subsidiary or other Affiliate thereof as if it were not an the Agent or the Issuing Bank (or such Affiliate thereof).

Appears in 1 contract

Samples: Credit Agreement (Firearms Training Systems Inc)

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AGENT AND AFFILIATE. With respect to the Loans made by it hereunder, the Letters of Credit issued by it hereunder and the Notes issued to it, each of the Agents Agent and the Issuing Bank, each Bank in its individual capacity and not as an the Agent or the Issuing Bank, as the case may be, Bank shall have the same rights and powers as any other Lender and may exercise the same as though it were not an the Agent or the Issuing Bank. The Agents Each of the Agent and the Issuing Bank (and its Affiliates) may accept deposits from, lend money to and generally engage in any kind of business and transactions with the Borrower Horizon or any Subsidiary or other Affiliate thereof as if it were not an the Agent or the Issuing Bank (or such Affiliate thereof).

Appears in 1 contract

Samples: Credit Agreement (Horizon Healthcare Corp)

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