Common use of Agents in their Individual Capacities Clause in Contracts

Agents in their Individual Capacities. Comerica Bank and its Affiliates, successors and assigns shall each have the same rights and powers hereunder as any other Lender and may exercise or refrain from exercising the same as though such Lender were not the Agent. Comerica Bank and its Affiliates may (without having to account therefor to any Lender) accept deposits from, lend money to, and generally engage in any kind of banking, trust, financial advisory or other business with the Credit Parties as if such Lender were not acting as the Agent hereunder, and may accept fees and other consideration therefor without having to account for the same to the Lenders.

Appears in 22 contracts

Samples: Mortgage Warehousing Agreement (M/I Homes, Inc.), Mortgage Warehousing Agreement (M I Homes Inc), Credit Agreement (Universal Truckload Services, Inc.)

AutoNDA by SimpleDocs

Agents in their Individual Capacities. Comerica Bank and its Affiliates, successors and assigns shall each have the same rights and powers hereunder as any other Lender and may exercise or refrain from exercising the same as though such Lender were not the Agent. Comerica Bank and its Affiliates may (without having to account therefor to any Lender) accept deposits from, lend money to, and generally engage in any kind of banking, trust, financial advisory or other business with the Credit Parties as if such Lender Xxxxxx were not acting as the Agent hereunder, and may accept fees and other consideration therefor without having to account for the same to the Lenders.

Appears in 2 contracts

Samples: Credit Agreement (Accolade, Inc.), Mortgage Warehousing Agreement (M/I Homes, Inc.)

Agents in their Individual Capacities. Comerica Bank and Bank, its Affiliates, successors and assigns shall each have the same rights and powers hereunder as any other Lender Bank and may exercise or refrain from exercising the same as though such Lender Bank were not the Agent. Comerica Bank and its Affiliates may (without having to account therefor to any LenderBank) accept deposits from, lend money to, and generally engage in any kind of banking, trust, financial advisory or other business with the Credit Parties as if such Lender Comerica Bank were not acting as the Agent hereunder, and may accept fees and other consideration therefor without having to account for the same to the LendersBanks.

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Staktek Holdings Inc)

Agents in their Individual Capacities. Comerica Bank and its Affiliates, successors and assigns shall each have the same rights and powers hereunder as any other Lender and may exercise or refrain from exercising the same as though such Lender were not the Agent. Comerica Bank and its Affiliates may (without having to account therefor to any Lender) accept deposits from, lend money to, and generally engage in any kind of banking, trust, financial advisory or other business with the Credit Parties Intcomex, Borrower and any Subsidiary as if such Lender were not acting as the Agent hereunder, and may accept fees and other consideration therefor without having to account for the same to the Lenders.

Appears in 1 contract

Samples: Revolving Credit Agreement (Intcomex, Inc.)

AutoNDA by SimpleDocs

Agents in their Individual Capacities. Comerica Bank and its Affiliates, successors and assigns shall each have the same rights and powers hereunder as any other Lender and may exercise or refrain from exercising the same as though such Lender were not the Agent. Comerica Bank and its Affiliates may (without having to account therefor to any Lender) accept deposits from, lend money to, and generally engage in any kind of banking, trust, financial advisory or other business with the Credit Parties Borrowers as if such Lender were not acting as the Agent hereunder, and may accept fees and other consideration therefor without having to account for the same to the Lenders.

Appears in 1 contract

Samples: Credit Agreement (Englobal Corp)

Agents in their Individual Capacities. Comerica Bank and its Affiliates, successors and assigns shall each have the same rights and powers hereunder as any other Lender and may exercise or refrain from exercising the same as though such Lender were not the Agent. Comerica Bank and its Affiliates may (without having to account therefor to any Lender) accept deposits from, lend money to, and generally engage in any kind of banking, trust, financial advisory or other business with the Credit Parties any Borrower as if such Lender were not acting as the Agent hereunder, and may accept fees and other consideration therefor without having to account for the same to the Lenders.

Appears in 1 contract

Samples: Revolving Credit Agreement (Microsemi Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.