Common use of Dealing with the Lenders Clause in Contracts

Dealing with the Lenders. The Agent may at all times deal solely with the several Lenders for all purposes of this Agreement and the protection, enforcement and collection of the Notes, including the acceptance and reliance upon any certificate, consent or other document of such Lenders and the division of payments in accordance with the terms of this Agreement, notwithstanding possession by the Agent of actual knowledge that any Lender has sold a participation in Credit Loans made or to be made by it hereunder to another Person.

Appears in 3 contracts

Samples: Revolving Credit Agreement (Interpool Inc), Credit Agreement (Interpool Inc), Credit Agreement (Interpool Inc)

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Dealing with the Lenders. (a) The Agent may at all times deal solely with the several Lenders for all purposes of this Agreement and the protection, enforcement and collection of the Notes, including the acceptance and reliance upon any certificate, consent or other document of such Lenders and the division of payments in accordance with the terms of this Agreement, notwithstanding possession by the Agent of actual knowledge that any Lender has sold a participation in Credit Loans made or to be made by it hereunder to another Person.

Appears in 2 contracts

Samples: Credit Agreement (Interpool Inc), Credit Agreement (Interpool Inc)

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Dealing with the Lenders. The Agent may at all times deal solely with the several Lenders for all purposes of this Agreement and the protection, enforcement and collection of the NotesObligations, including the acceptance and reliance upon any certificate, consent or other document of such Lenders and the division of payments in accordance with the terms of this Agreement, pursuant to §2.8 notwithstanding possession by the Agent of actual knowledge Actual Knowledge that any Lender has sold a participation in Credit Loans the Loan made or Advances to be made by it hereunder to another Person.

Appears in 1 contract

Samples: Loan Agreement (K-Sea Transportation Partners Lp)

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