Common use of CNAI and Affiliates Clause in Contracts

CNAI and Affiliates. With respect to any Eligible Asset owned by CNAI, CNAI shall have the same rights and powers under this Agreement as would the Owner and may exercise the same as though it were not the Agent. CNAI and its Affiliates may generally engage in any kind of business with the Seller or any Obligor, any of their respective affiliates and any Person who may do business with or own securities of the Seller or any Obligor or any of their respective Affiliates, all as if CNAI were not the Agent and without any duty to account therefor to the Owner.

Appears in 4 contracts

Samples: Trade Receivables Purchase and Sale Agreement, Trade Receivables Purchase and Sale Agreement (Detroit Edison Co), Trade Receivables Purchase and Sale Agreement (Detroit Edison Securitization Funding LLC)

AutoNDA by SimpleDocs

CNAI and Affiliates. With respect to any Eligible Asset owned by CNAI, CNAI shall have the same rights and powers under this Agreement as would the any Owner and may exercise the same as though it were not the Agent. CNAI and its Affiliates may generally engage in any kind of business with the Seller or any Obligor, any of their respective affiliates Affiliates and any Person who may do business with or own securities of the Seller or any Obligor or any of their respective Affiliates, all as if CNAI were not the Agent and without any duty to account therefor to the OwnerOwners.

Appears in 2 contracts

Samples: Trade Receivables Purchase and Sale Agreement (Geon Co), Trade Receivables Purchase and Sale Agreement (Geon Co)

CNAI and Affiliates. With respect to any Eligible Asset Share owned by CNAIit, CNAI shall have the same rights and powers under this Agreement as would the any other Owner and may exercise the same as though it were not the Agent. CNAI and its Affiliates may generally engage in any kind of business with the Seller or any Obligor, any of their respective affiliates Affiliates and any Person who may do business with or own securities of the Seller or any Obligor or any of their respective Affiliates, all as if CNAI were not the Agent and without any duty to account therefor to the OwnerBanks.

Appears in 1 contract

Samples: Receivables Purchase and Sale Agreement (Ies Utilities Inc)

CNAI and Affiliates. With respect to any Eligible Asset Share owned by CNAIit, CNAI shall have the same rights and powers under this Agreement as would the any other Owner and may exercise the same as though it were not the Agent. CNAI and its Affiliates may generally engage in any kind of business with the Seller or any Obligor, any of their respective affiliates Affiliates and any Person who may do business with or own securities of the Seller or any Obligor or any of their respective Affiliates, all as if CNAI were not the Agent and without any duty to account therefor to the OwnerOwners.

Appears in 1 contract

Samples: Receivables Purchase and Sale Agreement (Ies Utilities Inc)

CNAI and Affiliates. With respect to any Eligible Asset Purchased Interest owned by CNAIit, CNAI shall have the same rights and powers under this Agreement as would the any other Owner and may exercise the same as though it were not the Agent. CNAI and its Affiliates may generally engage in any kind of business with the Seller Seller, Maxtor, the respective Selling Affiliates or the Company or any Obligor, any of their respective affiliates Affiliates and any Person who may do business with or own securities of the Seller Seller, Maxtor, the respective Selling Affiliates or the Company or any Obligor or any of their respective Affiliates, all as if CNAI were not the Agent and without any duty to account therefor to the OwnerOwners.

Appears in 1 contract

Samples: Receivables Purchase and Sale Agreement (Maxtor Corp)

CNAI and Affiliates. With respect to any Eligible Asset Purchased Interest owned by CNAIit, CNAI shall have the same rights and powers under this Agreement as would the any other Owner and may exercise the same as though it were not the Agent. CNAI and its Affiliates may 148 generally engage in any kind of business with the Seller Seller, Maxtor, the respective Selling Affiliates or the Company or any Obligor, any of their respective affiliates Affiliates and any Person who may do business with or own securities of the Seller Seller, Maxtor, the respective Selling Affiliates or the Company or any Obligor or any of their respective Affiliates, all as if CNAI were not the Agent and without any duty to account therefor to the OwnerOwners.

Appears in 1 contract

Samples: Receivables Purchase and Sale Agreement (Maxtor Corp)

AutoNDA by SimpleDocs

CNAI and Affiliates. With respect to any Eligible Asset owned by CNAI, CNAI shall have the same rights and powers under this Agreement as would the any Owner and may exercise the same as though it were not the Agent. CNAI and its Affiliates may generally engage in any kind of business with the Seller Seller, any Selling Subsidiary or any Obligor, any of their respective affiliates Affiliates and any Person who may do business with or own securities of the Seller Seller, any Selling Subsidiary or any Obligor or any of their respective Affiliates, all as if CNAI were not the Agent and without any duty to account therefor to the OwnerOwners.

Appears in 1 contract

Samples: Trade Receivables Purchase and Sale Agreement (Polyone Corp)

CNAI and Affiliates. With respect to any Eligible Asset owned by CNAI, CNAI shall have the same rights and powers under this Agreement as would the Owner any Bank and may exercise the same as though it were not the Agent. CNAI and its Affiliates may generally engage in any kind of business with the Seller Seller, any Selling Subsidiary or any Obligor, any of their respective affiliates Affiliates and any Person who may do business with or own securities of the Seller Seller, any Selling Subsidiary or any Obligor or any of their respective Affiliates, all as if CNAI were not the Agent and without any duty to account therefor to the OwnerBanks.

Appears in 1 contract

Samples: Parallel Purchase Commitment (Polyone Corp)

CNAI and Affiliates. With respect to any Eligible Asset owned by CNAI, CNAI shall have the same rights and powers under this Agreement as would the any Owner and may exercise the same as though it were not the Agent. CNAI and its Affiliates may generally engage in any kind of business with the Seller or any Obligor, any of their respective affiliates Affiliates and any Person who may do business with or own securities of the Seller or any Obligor or any of their respective Affiliates, all as if CNAI were not the Agent and without any duty to account therefor to the Owner.

Appears in 1 contract

Samples: Trade Receivables Purchase and Sale Agreement (Detroit Edison Securitization Funding LLC)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!