Common use of Agent Entitled to Act as Lender Clause in Contracts

Agent Entitled to Act as Lender. The agency hereby created shall ------------------------------- in no way impair or affect any of the rights and powers of, or impose any duties or obligations upon, any Agent in its individual capacity as a Lender hereunder. With respect to its participation in the Loans and the Letters of Credit, each Agent shall have the same rights and powers hereunder as any other Lender and may exercise the same as though it were not performing the duties and functions delegated to it hereunder, and the term "Lender" or "Lenders" or any similar term shall, unless the context clearly otherwise indicates, include each Agent in its individual capacity. Any Agent and its Affiliates may accept deposits from, lend money to and generally engage in any kind of banking, trust, financial advisory or other business with Holdings or any of its Subsidiaries or Affiliates as if it were not performing the duties specified herein, and may accept fees and other consideration from Holdings and its Subsidiaries for services in connection with this Agreement and otherwise without having to account for the same to Lenders.

Appears in 1 contract

Samples: Credit Agreement (Dominos Pizza Government Services Division Inc)

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Agent Entitled to Act as Lender. The agency hereby created shall ------------------------------- in no way impair or affect any of the rights and powers of, or impose any duties or obligations upon, any Agent Fleet in its individual capacity as a Lender hereunder. With respect to its participation in the Loans and the Letters of CreditRevolving Credit Loan Commitment, each Agent Fleet shall have the same rights and powers hereunder as any other Lender and may exercise the same as though it were not performing the duties and functions delegated to it hereunder, and the term "Lender" or "Lenders" or any similar term shall, unless the context clearly otherwise indicates, include each Agent Fleet in its individual capacity. Any The Agent and its Affiliates affiliates may accept deposits from, lend money to and generally engage in any kind of banking, trust, financial advisory or other business with Holdings the Borrower, any of the Stockholders, or any of its Subsidiaries Affiliate or Affiliates Subsidiary as if it were not performing the duties specified herein, and may accept fees and other consideration from Holdings and its Subsidiaries the Borrower and/or any of such other Persons for services in connection with this Agreement and otherwise without having to account for the same to Lenders.

Appears in 1 contract

Samples: Loan Agreement (Convergent Group Corp)

Agent Entitled to Act as Lender. The agency hereby ------------- ------------------------------- created shall ------------------------------- in no way impair or affect any of the rights and powers of, or impose any duties or obligations upon, any Agent Fleet in its individual capacity as a Lender hereunder. With respect to its participation in the Loans and the Letters of CreditCommitment, each Agent Fleet shall have the same rights and powers hereunder as any other Lender and may exercise the same as though it were not performing the duties and functions delegated to it hereunder, and the term "Lender" or "Lenders" or any similar term shall, unless the context clearly otherwise indicates, include each Agent Fleet in its individual capacity. Any The Agent and its Affiliates affiliates may accept deposits from, lend money to and generally engage in any kind of banking, trust, financial advisory or other business with Holdings the Borrower, any of the Members, or any of its Subsidiaries Affiliate or Affiliates Subsidiary as if it were not performing the duties specified herein, and may accept fees and other consideration from Holdings and its Subsidiaries the Borrower and/or any of such other Persons for services in connection with this Agreement and otherwise without having to account for the same to Lenders.

Appears in 1 contract

Samples: Loan Agreement (Somera Communications Inc)

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Agent Entitled to Act as Lender. The agency hereby ------------- - ----------------------------- created shall ------------------------------- in no way impair or affect any of the rights and powers of, or impose any duties or obligations upon, any Agent Fleet in its individual capacity as a Lender hereunder. With respect to its participation in the Loans and the Letters of CreditCommitment, each Agent Fleet shall have the same rights and powers hereunder as any other Lender and may exercise the same as though it were not performing the duties and functions delegated to it hereunder, and the term "Lender" or "Lenders" or any similar term shall, unless the context clearly otherwise indicates, include each Agent Fleet in its individual capacity. Any The Agent and its Affiliates affiliates may accept deposits from, lend money to and generally engage in any kind of banking, trust, financial advisory or other business with Holdings the Borrower, any of the Stockholders, or any of its Subsidiaries Affiliate or Affiliates Subsidiary as if it were not performing the duties specified herein, and may accept fees and other consideration from Holdings and its Subsidiaries the Borrower and/or any of such other Persons for services in connection with this Agreement and otherwise without having to account for the same to Lenders.

Appears in 1 contract

Samples: Loan Agreement (Boron Lepore & Associates Inc)

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