Common use of Agents as Lenders Clause in Contracts

Agents as Lenders. With respect to that portion of the Advances made available by it, each Agent shall have the same rights and powers hereunder as any other Lender and may exercise the same as though it were not an Agent, and the term "Lender" or "Lenders" shall include such Agent in its capacity as a Lender. Each Agent and its affiliates may accept deposits from, lend money to and generally engage in any kind of business with, the Borrower and the other Security Parties as if it were not an Agent.

Appears in 3 contracts

Samples: Credit Agreement (Chiles Magellan LLC), Credit Agreement (Chiles Offshore Inc/New/), Credit Agreement (Chiles Offshore LLC)

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Agents as Lenders. With respect to that portion of the Advances Facility made available by it, each Agent shall have the same rights and powers hereunder as any other Lender and may exercise the same as though it were not an Agent, and the term "Lender" or "Lenders" shall include such the Agent in its capacity as a Lender. Each Agent and its affiliates may accept deposits from, lend money to and generally engage in any kind of business with, the Borrower and the other Security Parties Guarantor as if it were not an Agent.

Appears in 3 contracts

Samples: Senior Secured Loan Facility Agreement (International Shipholding Corp), Senior Secured Loan Facility Agreement (International Shipholding Corp), Facility Agreement (International Shipholding Corp)

Agents as Lenders. With respect to that portion of the Advances Credit Facility made available by it, each Agent shall have the same rights and powers hereunder as any other Lender and may exercise the same as though it were not an Agent, and the term "Lender" or "Lenders" shall include such Agent the Agents in its their capacity as a LenderLenders. Each Agent and its affiliates Affiliates may accept deposits from, lend money to and generally engage in any kind of business with, the Borrower and the other Security Parties as if it were not an Agent.

Appears in 2 contracts

Samples: Assignment and Assumption Agreement (Seacor Holdings Inc /New/), Assignment and Assumption Agreement (Seacor Holdings Inc /New/)

Agents as Lenders. With respect to that portion of the Advances Loan made available by it, each Agent shall have the same rights and powers hereunder as any other Lender and may exercise the same as though it were not an Agent, and the term "Lender" or "Lenders" shall include such each Agent in its capacity as a Lender. Each Agent and its affiliates may accept deposits from, lend money to and generally engage in any kind of business with, the Borrower and the other Security Parties as if it were not an Agent.

Appears in 2 contracts

Samples: Loan Agreement (Omi Corp/M I), Consent and Agreement (Omi Corp/M I)

Agents as Lenders. With respect to that portion of the Advances Facility made available by it, each Agent shall have the same rights and powers hereunder as any other Lender and may exercise the same as though it were not an Agent, and the term "Lender" or "Lenders" shall include such each Agent in its capacity as a Lender. Each Agent and its affiliates may accept deposits from, lend money to and generally engage in any kind of business with, the Borrower and the other Security Parties as if it were not an Agent.

Appears in 1 contract

Samples: Restatement of Loan Agreement (Gulfmark Offshore Inc)

Agents as Lenders. With respect to that portion of the Advances Facility made available by it, each Agent shall have the same rights and powers hereunder as any other Lender and may exercise the same as though it were not an Agent, and the term "Lender" or "Lenders" shall include such each Agent in its capacity as a Lender. Each Agent and its affiliates may accept deposits from, lend money to and generally engage in any kind of business with, the Borrower Borrowers and the other Security Parties Parties, as if it were was not an Agent.

Appears in 1 contract

Samples: Senior Secured Term Credit Facility Agreement (Top Ships Inc.)

Agents as Lenders. With respect to that portion of the Advances Facility made available by it, each Agent shall have the same rights and powers hereunder as any other Lender and may exercise the same as though it were not an Agent, and the term "Lender" or "Lenders" shall include such each Agent in its capacity as a Lender. Each Agent and its affiliates may accept deposits from, lend money to and generally engage in any kind of business with, the Borrower Borrowers and the other Security Parties Parties, as if it were was not an Agent.

Appears in 1 contract

Samples: Senior Secured Term Credit Facility Agreement (Top Ships Inc.)

Agents as Lenders. With respect to that portion of the Advances Loan made available by it, each Agent shall have the same rights and powers hereunder as any other Lender and may exercise the same as though it were not an Agent, and the term "Lender" or "Lenders" shall include such the Agent in its capacity as a Lender. Each Agent and its affiliates may accept deposits from, lend money to and generally engage in any kind of business with, the Borrower Borrowers and the other Security Parties as if it were not an Agent.

Appears in 1 contract

Samples: Credit Agreement (International Shipholding Corp)

Agents as Lenders. With respect to that portion of the Advances Facilities made available by it, each Agent shall have the same rights and powers hereunder as any other Lender and may exercise the same as though it were not an Agent, and the term "Lender" or "Lenders" shall include such each Agent in its capacity as a Lender. Each Agent and its affiliates may accept deposits from, lend money to and generally engage in any kind of business with, the Borrower Borrowers and the other Security Parties Parties, as if it were not an Agent.

Appears in 1 contract

Samples: Pledge Agreement (Stolt Nielsen S A)

Agents as Lenders. With respect to that portion of the Advances Facility made available by it, each Agent shall have the same rights and powers hereunder as any other Lender and may exercise the same as though it were not an Agent, and the term "Lender" or "Lenders" shall include such any Agent in its capacity as a Lender. Each Agent and its affiliates may accept deposits from, lend money to and generally engage in any kind of business with, the Borrower and the other Security Parties Guarantor as if it were not an Agent.

Appears in 1 contract

Samples: Account Pledge Agreement (International Shipholding Corp)

Agents as Lenders. With respect to that portion of the Advances Facility made available by it, each Agent shall have the same rights and powers hereunder as any other Lender and may exercise the same as though it were not an Agent, and the term "Lender" or "Lenders" shall include such the Agent in its capacity as a Lender. Each Agent and its affiliates may accept deposits from, lend money to and generally engage in any kind of business with, the Borrower Borrowers and the other Security Parties Guarantor as if it were not an Agent.

Appears in 1 contract

Samples: Senior Secured Term Loan Facility Agreement (International Shipholding Corp)

Agents as Lenders. With respect to that portion of the Advances Facility made available by it, each Agent shall have the same rights and powers hereunder as any other Lender and may exercise the same as though it were not an Agent, and the term "Lender" or "Lenders" shall include such Agent each of the Agents in its capacity as a Lender. Each Agent and its affiliates may accept deposits from, lend money to and generally engage in any kind of business with, the Borrower Borrowers and the other Security Parties Guarantor as if it were not an Agent.

Appears in 1 contract

Samples: Agreement (International Shipholding Corp)

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Agents as Lenders. With respect to that portion of the Advances Facility made available by it, each Agent shall have the same rights and powers hereunder as any other Lender and may exercise the same as though it were not an Agent, and the term "Lender" or "Lenders" shall include such each Agent in its capacity as a Lender. Each Agent and its affiliates may accept deposits from, lend money to and generally engage in any kind of business with, the Borrower and the other Security Parties as if it were not an Agent.

Appears in 1 contract

Samples: Secured Credit Facility Agreement (Teekay Shipping Corp)

Agents as Lenders. With respect to that portion of the Advances Loan made available by it, each Agent shall have the same rights and powers hereunder as any other Lender and may exercise the same as though it were not an Agent, and the term "Lender" or "Lenders" shall include such each Agent in its capacity as a Lender. Each Agent and its affiliates may accept deposits from, lend money to and generally engage in any kind of business with, the Borrower and the other Security Parties Parties, as if it were not an Agent.

Appears in 1 contract

Samples: Loan Agreement (B Plus H Ocean Carriers LTD)

Agents as Lenders. With respect to that portion of the Advances Facility made available by it, each Agent shall have the same rights and powers hereunder as any other Lender and may exercise the same as though it were not an Agent, and the term "Lender" or "Lenders" shall include such each Agent in its capacity as a Lender. Each Agent and its affiliates may accept deposits from, lend money to and generally engage in any kind of business with, the Borrower and the other Security Parties Parties, as if it were was not an Agent.

Appears in 1 contract

Samples: Credit Facility Agreement (Top Tankers Inc.)

Agents as Lenders. With respect to that portion of the Advances Facility made available by it, each Agent shall have the same rights and powers hereunder as any other Lender and may exercise the same as though it were not an Agent, and the term "Lender" or "Lenders" shall include such the Agent in its capacity as a Lender. Each Agent and its affiliates may accept deposits from, lend money to and generally engage in any kind of business with, the Borrower Borrowers and the other Security Parties as if it were not an Agent.

Appears in 1 contract

Samples: Credit Agreement (International Shipholding Corp)

Agents as Lenders. With respect to that portion of the Advances Facility made available by it, each Agent shall have the same rights and powers hereunder as any other Lender and may exercise the same as though it were not an Agent, and the term "Lender" or "Lenders" shall include such each Agent in its capacity as a Lender. Each Agent and its affiliates may accept deposits from, lend money to and generally engage in any kind of business with, the Borrower Borrowers and the other Security Parties Parties, as if it were not an Agent.

Appears in 1 contract

Samples: Credit Facility Agreement (Top Tankers Inc.)

Agents as Lenders. With respect to that portion of the Advances Loan made available by it, each Agent shall have the same rights and powers hereunder as any other Lender and may exercise the same as though it were not an Agent, and the term "Lender" or "Lenders" shall include such the Agent in its capacity as a Lender. Each Agent and its affiliates may accept deposits from, lend money to and generally engage in any kind of business with, the Borrower and the other Security Parties Guarantor as if it were not an Agent.

Appears in 1 contract

Samples: Loan Agreement (International Shipholding Corp)

Agents as Lenders. With respect to that portion of the Advances Facility made available by it, each Agent shall have the same rights and powers hereunder as any other Lender and may exercise the same as though it were not an Agent, and the term "Lender" or "Lenders" shall include such the Agent in its capacity as a Lender. Each Agent and its affiliates may accept deposits from, lend money to and generally engage in any kind of business with, the Borrower Borrowers and the other Security Parties Guarantor as if it were not an Agent.

Appears in 1 contract

Samples: Senior Secured Term Loan Facility Agreement (International Shipholding Corp)

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