Common use of Agents as Banks Clause in Contracts

Agents as Banks. In its individual capacity, State Street and any other Bank that serves as a successor Agent hereunder shall have the same obligations and the same rights, powers and privileges in respect of its Commitment and the Loans made by it as it would have were it not also an Agent.

Appears in 6 contracts

Samples: Credit Agreement (Columbia Funds Master Investment Trust, LLC), Credit Agreement (Columbia Funds Series Trust I), Credit Agreement (Columbia Funds Variable Insurance Trust I)

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Agents as Banks. In its individual capacity, each of Bank of America and State Street and any other Bank that serves as a successor Agent hereunder shall have the same obligations and the same rights, powers and privileges in respect of its Commitment and the Loans made by it as it would have were it not also an Agent.

Appears in 3 contracts

Samples: Credit Agreement (Hotchkis & Wiley Variable Trust), Credit Agreement (Master Focus Twenty Trust), Credit Agreement (Master Premier Growth Trust)

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