Common use of Agent as Lender Clause in Contracts

Agent as Lender. With respect to those portions of the Credit Facilities made available by it, the Agent shall have the same rights and powers hereunder as any other Lender and may exercise the same as though it were not the Agent. The Agent and its affiliates may accept deposits from, lend money to and generally engage in any kind of business with the Borrowers and their affiliates and persons doing business with the Borrowers and/or any of their affiliates as if it were not the Agent and without any obligation to account to the Lenders therefor.

Appears in 3 contracts

Samples: Credit Agreement (Vitran Corp Inc), Credit Agreement (Vitran Corp Inc), Credit Agreement (Vitran Corp Inc)

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Agent as Lender. With respect to those portions of the Credit Facilities Facility made available by it, the Agent shall have the same rights and powers hereunder as any other Lender and may exercise the same as though it were not the Agent. The Agent and its affiliates may accept deposits from, lend money to and generally engage in any kind of business with the Borrowers Borrower and their its affiliates and persons doing business with the Borrowers Borrower and/or any of their its affiliates as if it were not the Agent and without any obligation to account to the Lenders therefor.

Appears in 2 contracts

Samples: Term Credit Agreement (Potash Corporation of Saskatchewan Inc), Term Credit Agreement (Potash Corp of Saskatchewan Inc)

Agent as Lender. With respect to those portions of the Credit Facilities Facility made available by itit as a Lender, the Agent shall have the same rights and powers hereunder under the Facility Documents as any other Lender and may exercise the same as though it were not the Agent. The Agent and its affiliates Affiliates may accept deposits from, lend money to and generally engage in any kind of business with the Borrowers each Credit Party and their affiliates its Affiliates and persons Persons doing business with the Borrowers such Credit Party and/or any of their affiliates its Affiliates as if it were not the Agent and without any obligation to account to the Lenders therefor.

Appears in 2 contracts

Samples: Credit Agreement (Platinum Group Metals LTD), Second Lien Credit Agreement (Platinum Group Metals LTD)

Agent as Lender. With respect to those portions of the Credit Facilities made available by it, the Agent shall have the same rights and powers hereunder as any other Lender and may exercise the same as though it were not the Agent. The Agent and its affiliates may accept deposits from, lend Schedule O 85. money to and generally engage in any kind of business with the Borrowers and their affiliates and persons doing business with the Borrowers and/or any of their affiliates as if it were not the Agent and without any obligation to account to the Lenders therefor.

Appears in 1 contract

Samples: Credit Agreement (Vitran Corp Inc)

Agent as Lender. With respect to those portions of the Credit Facilities Facility made available by itit as a Lender, the Agent shall have the same rights and powers hereunder under the Credit Documents as any other Lender and may exercise the same as though it were not the Agent. The Agent and its affiliates Affiliates may accept deposits from, lend money to and generally engage in any kind of business with the Borrowers each Obligor and their affiliates its Affiliates and persons Persons doing business with the Borrowers such Obligor and/or any of their affiliates its Affiliates as if it were not the Agent and without any obligation to account to the Lenders therefor.

Appears in 1 contract

Samples: Credit Agreement (Lake Shore Gold Corp)

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Agent as Lender. With respect to those portions of the Credit Facilities made available by it, the Agent shall have the same rights and powers hereunder under the Credit Documents as any other Lender and may exercise the same as though it were not the Agent. The Agent and its affiliates Affiliates may accept deposits from, lend money to and generally engage in any kind of business with the Borrowers Borrower and their affiliates its Affiliates and persons Persons doing business with the Borrowers and/or Borrower and any of their affiliates its Affiliates as if it were not the Agent and without any obligation to account to the Lenders therefortherefor and the Agent may exercise its rights and powers with respect thereto as though it were not the Agent.

Appears in 1 contract

Samples: Credit Agreement (Aas Capital Corp)

Agent as Lender. With respect to those portions of the Credit Facilities Facility made available by it, the Agent shall have the same rights and powers hereunder under the Credit Documents as any other Lender and may exercise the same as though it were not the Agent. The Agent and its affiliates may accept deposits from, lend money to, act as agent for any Persons lending money to and generally engage in any kind of business with the Borrowers any Borrower and their its affiliates and persons Persons doing business with the Borrowers and/or any Borrower and any of their its affiliates as if it were not the Agent Agent, and without any obligation to account to the Lenders therefortherefor and the Agent may exercise its rights and powers with respect thereto as though it were not the Agent.

Appears in 1 contract

Samples: Assignment Agreement (Ipsco Inc)

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