Common use of Collateral Agent in Individual Capacity Clause in Contracts

Collateral Agent in Individual Capacity. The Collateral Agent and its Affiliates may make loans to, accept deposits from and generally engage in any kind of business with US Holdings, the Borrower, any other Guarantor, and any other Loan Party as though the Collateral Agent were not a Collateral Agent hereunder and under the other Financing Documents. With respect to the loans made by it, the Collateral Agent shall have the same rights and powers under the Credit Agreement and the other Financing Documents as any Secured Party and may exercise the same as though it were not a Collateral Agent, and the terms “Lender Party” and “Lender Parties” shall include the Collateral Agent in its individual capacity and under the Loan Documents.

Appears in 4 contracts

Samples: Collateral Agency and Intercreditor Agreement, Credit Agreement (Energy Future Intermediate Holding CO LLC), Collateral Agency and Intercreditor Agreement (Energy Future Holdings Corp /TX/)

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Collateral Agent in Individual Capacity. The Collateral Agent and its Affiliates may make loans to, issue letters of credit in favor of, accept deposits from and generally engage in any kind of business with US Holdings, the Borrower, any other Guarantor, the Sponsors and any other Loan Party their respective Affiliates as though the Collateral Agent were not a the Collateral Agent hereunder and under the other Financing Security Documents. With respect to the loans made by Secured Obligations owed to it, if any, the Collateral Agent shall have the same rights and powers under the Credit this Agreement and the other Financing Documents as any other Secured Party and may exercise the same as though it were not a the Collateral Agent, and the terms term Lender Secured Party” and “Lender Parties” shall include the Collateral Agent in its individual capacity and under the Loan Documentscapacity.

Appears in 2 contracts

Samples: Collateral Agency and Account Agreement, Project Agreement

Collateral Agent in Individual Capacity. The Collateral Agent and its Affiliates may make loans to, issue letters of credit in favor of, accept deposits from and generally engage in any kind of business with US Holdings, the Borrower, any other Guarantor, the Sponsors and any other Loan Party their respective Affiliates as though the Collateral Agent were not a the Collateral Agent hereunder and under the other Financing Security Documents. With respect to the loans made by Secured Obligations owed to it, if any, the Collateral Agent shall have the same rights and powers under the Credit this Agreement and the other Financing Documents as any other Secured Party and may exercise the same as though it were not a the Collateral Agent, and the terms term Lender Secured Party” and “Lender Parties” shall include the Collateral Agent in its individual capacity and under the Loan Documents.capacity.‌

Appears in 1 contract

Samples: Agency and Account Agreement

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Collateral Agent in Individual Capacity. The Collateral Agent and its Affiliates may make loans to, issue letters of credit in favor of, accept deposits from and generally engage in any kind of business with US Holdings, the Borrower, any other Guarantor, Borrower and any other Loan Party its Affiliates as though the Collateral Agent were not a the Collateral Agent hereunder and under the other Financing any Security Documents. With respect to the loans Secured Obligations made or renewed by it and any Pari Passu Debt or Notes issued to it, if any, the Collateral Agent shall have the same rights and powers under the Credit this Agreement and the other Financing Finance Documents as any other Secured Party and may exercise the same as though it were not a the Collateral Agent, and the terms “Lender term "Secured Party” and “Lender Parties” " shall include the Collateral Agent in its individual capacity and under the Loan Documentscapacity.

Appears in 1 contract

Samples: Collateral Accounts and Security Agreement

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