Common use of Bank One Roles Clause in Contracts

Bank One Roles. Each of the Financial Institutions -------------- acknowledges that Bank One acts, or may in the future act, (i) as administrative agent for PREFCO, (ii) as issuing and paying agent for the Commercial Paper, (iii) to provide credit or liquidity enhancement for the timely payment for the Commercial Paper and (iv) to provide other services from time to time for PREFCO (collectively, the "Bank One Roles"). Without limiting the generality of this -------------- Section 14.13, each Financial Institution hereby acknowledges and consents to ------------- any and all Bank One Roles and agrees that in connection with any Bank One Role, Bank One may take, or refrain from taking, any action that it, in its discretion, deems appropriate, including, without limitation, in its role as administrative agent for PREFCO, and the giving of notice to the Agent of a mandatory purchase pursuant to Section 13.1. ------------

Bank One Roles. Each of the Financial Institutions -------------- ---------------- acknowledges that Bank One acts, or may in the future act, (i) as administrative agent for PREFCOConduit or any Financial Institution, (ii) as issuing and paying agent for the Commercial Paper, (iii) to provide credit or liquidity enhancement for the timely payment for the Commercial Paper and (iv) to provide other services from time to time for PREFCO Conduit or any Financial Institution (collectively, the "Bank One Roles"). Without limiting the generality of this -------------- Section 14.13, each -------------- ------------- Financial Institution hereby acknowledges and consents to ------------- any and all Bank One Roles and agrees that in connection with any Bank One Role, Bank One may take, or refrain from taking, any action that it, in its discretion, deems appropriate, including, without limitation, in its role as administrative agent for PREFCOConduit, and the giving of notice to the Agent of a mandatory purchase pursuant to Section 13.1. -------------------------

Bank One Roles. Each of the Financial Institutions -------------- acknowledges that Bank One acts, or may in the future act, (i) as administrative agent for PREFCOCompany or any Financial Institution, (ii) as issuing and paying agent for the Commercial Paper, (iii) to provide credit or liquidity enhancement for the timely payment for the Commercial Paper and (iv) to provide other services from time to time for PREFCO Company, any Financial Institution, Seller, the Originators and Affiliates (collectively, the "“Bank One Roles"”). Without limiting the generality of this -------------- Section 14.13, each Financial Institution hereby acknowledges and consents to ------------- any and all Bank One Roles and agrees that in connection with any Bank One Role, Bank One may take, or refrain from taking, any action that it, in its discretion, deems appropriate, including, without limitation, in its role as administrative agent for PREFCOCompany, and the giving of notice to the Agent of a mandatory purchase pursuant to Section 13.1. ------------.

Bank One Roles. Each of the Financial Institutions -------------- acknowledges that Bank One acts, or may in the future act, (i) as administrative agent for PREFCOPREFCO or any Financial Institution, (ii) as issuing and paying agent for the Commercial Paper, (iii) to provide credit or liquidity enhancement for the timely payment for the Commercial Paper and (iv) to provide other services from time to time for PREFCO or any Financial Institution (collectively, the "Bank One Roles"). Without limiting the generality of this -------------- Section 14.13, each -------------- ------------- Financial Institution hereby acknowledges and consents to ------------- any and all Bank One Roles and agrees that in connection with any Bank One Role, Bank One may take, or refrain from taking, any action that it, in its discretion, deems appropriate, including, without limitation, in its role as administrative agent for PREFCO, and the giving of notice to the Agent of a mandatory purchase pursuant to Section 13.1. ------------