Common use of Agent as Bank Clause in Contracts

Agent as Bank. In its individual capacity, BKG shall have the same obligations and the same rights, powers and privileges in respect to its Commitment and the Loans made by it, and as the holder of any of the Revolving Credit Notes as it would have were it not also the Agent.

Appears in 1 contract

Samples: Credit Agreement (NVR Inc)

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Agent as Bank. In its individual capacity, BKG BKB shall have the same obligations and the same rights, powers and privileges in respect to its Commitment and the Revolving Credit Loans made by it, and as the holder of any of the Revolving Credit Notes Notes, loan accounts and as the purchaser of any Letter of Credit Participations, as it would have were it not also the Agent.

Appears in 1 contract

Samples: Revolving Credit Agreement (Holmes Products Corp)

Agent as Bank. In its individual capacity, BKG BKB shall have the same obligations and the same rights, powers and privileges in respect to its Commitment and the Loans made by it, and as the holder of any of the Revolving Notes, loan accounts, Bankers' Acceptances and as the purchaser of any Letter of Credit Notes Participations, as it would have were it not also the Agent.

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Holmes Products Corp)

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Agent as Bank. In its individual capacity, BKG BKB shall have the same ------------- obligations and the same rights, powers and privileges in respect to its Commitment and the Revolving Credit Loans made by it, and as the holder of any of the Revolving Credit Notes as it would have were it not also the Agent.

Appears in 1 contract

Samples: Acquisition Revolving Credit Agreement (Ameriking Inc)

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