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

Agents Entitled to Act as Lender. Each bank serving as an Agent hereunder shall have the same rights and powers in its capacity as a Lender as any other Lender and may exercise the same as though it were not an Agent, and such bank and its Affiliates may accept deposits from, lend money to and generally engage in any kind of business with Borrower or any Subsidiary or other Affiliate thereof as if it were not an Agent hereunder.

Appears in 5 contracts

Samples: Credit and Guaranty Agreement (Digitalglobe, Inc.), Credit Agreement (Digitalglobe, Inc.), Credit and Guaranty Agreement (Digitalglobe, Inc.)

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Agents Entitled to Act as Lender. Each bank serving as an Agent hereunder shall have the same rights and powers in its capacity as a Lender as any other Lender and may exercise the same as though it were not an Agent, and such bank and its Affiliates may accept deposits from, lend money to and generally engage in any kind of business with either Borrower or any Subsidiary or other Affiliate thereof as if it were not an Agent hereunder.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (AVG Technologies N.V.)

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