Full freedom to enter into transactions. Without prejudice to Section 15.6 (Business with the Group) or any other provision of a Loan Document and notwithstanding any rule of law or equity to the contrary, the Facility Agent shall be absolutely entitled: (a) to enter into and arrange banking, derivative, investment and/or other transactions of every kind with or affecting any Transaction Obligor or any person who is party to, or referred to in, a Loan Document (including, but not limited to, any interest or currency swap or other transaction, whether related to this Agreement or not, and acting as syndicate agent and/or security agent for, and/or participating in, other facilities to such Transaction Obligor or any person who is party to, or referred to in, a Loan Document); (b) to deal in and enter into and arrange transactions relating to: (i) any securities issued or to be issued by any Transaction Obligor or any other person; or (ii) any options or other derivatives in connection with such securities; and (c) to provide advice or other services to the Borrower or any person who is a party to, or referred to in, a Loan Document, and, in particular, the Facility Agent shall be absolutely entitled, in proposing, evaluating, negotiating, entering into and arranging all such transactions and in connection with all other matters covered by paragraphs (a), (b) and (c) above, to use (subject only to insider dealing legislation) any information or opportunity, howsoever acquired by it, to pursue its own interests exclusively, to refrain from disclosing such dealings, transactions or other matters or any information acquired in connection with them and to retain for its sole benefit all profits and benefits derived from the dealings transactions or other matters.
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Samples: Credit Agreement (SEACOR Marine Holdings Inc.), Credit Agreement (SEACOR Marine Holdings Inc.)
Full freedom to enter into transactions. Without prejudice to Section 15.6 16.7 (Business with the Group) or any other provision of a Loan Document and notwithstanding any rule of law or equity to the contrary, the Facility Agent Security Trustee shall be absolutely entitledentitled with the prior consent of the Borrower:
(a) to enter into and arrange banking, derivative, investment and/or other transactions of every kind with or affecting any Transaction Obligor or any person who is party to, or referred to in, a Loan Document (including, but not limited to, any interest or currency swap or other transaction, whether related to this Agreement or not, and acting as syndicate agent and/or security agent for, and/or participating in, other facilities to such Transaction Obligor or any person who is party to, or referred to in, a Loan Document);
(b) to deal in and enter into and arrange transactions relating to:
(i) any securities issued or to be issued by any Transaction Obligor or any other person; or
(ii) any options or other derivatives in connection with such securities; and
(c) to provide advice or other services to the Borrower or any person who is a party to, or referred to in, a Loan Document, and, in particular, the Facility Agent Security Trustee shall be absolutely entitled, in proposing, evaluating, negotiating, entering into and arranging all such transactions and in connection with all other matters covered by paragraphs (a), (b) and (c) above, to use (subject only to insider dealing legislation) any information or opportunity, howsoever acquired by it, to pursue its own interests exclusively, to refrain from disclosing such dealings, transactions or other matters or any information acquired in connection with them and to retain for its sole benefit all profits and benefits derived from the dealings transactions or other matters.
Appears in 2 contracts
Samples: Credit Agreement (SEACOR Marine Holdings Inc.), Credit Agreement (SEACOR Marine Holdings Inc.)
Full freedom to enter into transactions. Without prejudice to Section 15.6 (Business with the Group) or any other provision of a Loan Document and notwithstanding Notwithstanding any rule of law or equity to the contrary, the Facility Agent shall be absolutely entitled:
(a) to enter into and arrange banking, derivative, investment and/or other transactions of every kind with or affecting any Transaction Obligor or any person who is party to, or referred to in, a Loan Finance Document (including, but not limited to, any interest or currency swap or other transaction, whether related to this Agreement or not, and acting as syndicate agent and/or security agent for, and/or participating in, other facilities to such Transaction Obligor or any person who is party to, or referred to in, a Loan Finance Document);
(b) to deal in and enter into and arrange transactions relating to:
(i) any securities issued or to be issued by any Transaction Obligor or any other person; or
(ii) any options or other derivatives in connection with such securities; and
(c) to provide advice or other services to the any Borrower or any person who is a party to, or referred to in, a Loan Finance Document, and, in particular, the Facility Agent shall be absolutely entitled, in proposing, evaluating, negotiating, entering into and arranging all such transactions and in connection with all other matters covered by paragraphs (a), (b) and (c) above, to use (subject only to insider dealing legislation) any information or opportunity, howsoever acquired by it, to pursue its own interests exclusively, to refrain from disclosing such dealings, transactions or other matters or any information acquired in connection with them and to retain for its sole benefit all profits and benefits derived from the dealings transactions or other matters.
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Full freedom to enter into transactions. Without prejudice to Section 15.6 (Business with the Group) or any other provision of a Loan Document and notwithstanding Notwithstanding any rule of law or equity to the contrary, the Facility Agent each Servicing Bank shall be absolutely entitled:
(a) to enter into and arrange banking, derivative, investment and/or other transactions of every kind with or affecting any Transaction Obligor the Borrower or any person who is party to, or referred to in, a Loan Finance Document (including, but not limited to, any interest or currency swap or other transaction, whether related to this Agreement or not, and acting as syndicate agent and/or security agent trustee for, and/or participating in, other facilities to such Transaction Obligor the Borrower or any person who is party to, or referred to in, a Loan Finance Document);
(b) to deal in and enter into and arrange transactions relating to:
(i) any securities issued or to be issued by any Transaction Obligor the Borrower or any such other person; or
(ii) any options or other derivatives in connection with such securities; and
(c) to provide advice or other services to the Borrower or any person who is a party to, or referred to in, a Loan Finance Document, and, in particular, the Facility Agent each Servicing Bank shall be absolutely entitled, in proposing, evaluating, negotiating, entering into and arranging all such transactions and in connection with all other matters covered by paragraphs (a), (b) and (c) above, to use (subject only to insider dealing legislationapplicably law) any information or opportunity, howsoever acquired by it, to pursue its own interests exclusively, to refrain from disclosing such dealings, transactions or other matters or any information acquired in connection with them and to retain for its sole benefit all profits and benefits derived from the dealings transactions or other matters.
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Samples: Debtor in Possession Credit Agreement (Eagle Bulk Shipping Inc.)
Full freedom to enter into transactions. Without prejudice to Section 15.6 (Business with the Group) 12.6 or any other provision of a Loan Note Document and notwithstanding any rule of law or equity to the contrary, the Facility Administrative Agent shall be absolutely entitled:
(a) to enter into and arrange banking, derivative, investment and/or other transactions of every kind with or affecting any Transaction Obligor or any person Person who is party to, or referred to in, a Loan Note Document (including, but not limited to, any interest or currency swap or other transaction, whether related to this Agreement Note or not, and acting as syndicate agent and/or security agent for, and/or participating in, other facilities to such Transaction Obligor or any person Person who is party to, or referred to in, a Loan Note Document);
(b) to deal in and enter into and arrange transactions relating to:
(i) any securities issued or to be issued by any Transaction Obligor or any other personPerson; or
(ii) any options or other derivatives in connection with such securities; and
(c) to provide advice or other services to the Borrower or any person Person who is a party to, or referred to in, a Loan Note Document, and, in particular, the Facility Administrative Agent shall be absolutely entitled, in proposing, evaluating, negotiating, entering into and arranging all such transactions and in connection with all other matters covered by paragraphs clause (a), clause (b) and clause (c) above, to use (subject only to insider dealing legislation) any information or opportunity, howsoever acquired by it, to pursue its own interests exclusively, to refrain from disclosing such dealings, transactions or other matters or any information acquired in connection with them and to retain for its sole benefit all profits and benefits derived from the dealings transactions or other matters.
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Full freedom to enter into transactions. Without prejudice to Section 15.6 (Business with the Group) or any other provision of a Loan Document and notwithstanding Notwithstanding any rule of law or equity to the contrary, the Facility Security Agent shall be absolutely entitled:
(a) to enter into and arrange banking, derivative, investment and/or other transactions of every kind with or affecting any Transaction Obligor or any person who is party to, or referred to in, a Loan Finance Document (including, but not limited to, any interest or currency swap or other transaction, whether related to this Agreement or not, and acting as syndicate agent and/or security agent for, and/or participating in, other facilities to such Transaction Obligor or any person who is party to, or referred to in, a Loan Finance Document);
(b) to deal in and enter into and arrange transactions relating to:
(i) any securities issued or to be issued by any Transaction Obligor or any other person; orOr
(ii) any options or other derivatives in connection with such securities; and
(c) to provide advice or other services to the Borrower or any person who is a party to, or referred to in, a Loan Finance Document, and, in particular, the Facility Agent each Servicing Party shall be absolutely entitled, in proposing, evaluating, negotiating, entering into and arranging all such transactions and in connection with all other matters covered by paragraphs (a), (b) and (c) above, to use (subject only to insider dealing legislation) any information or opportunity, howsoever acquired by it, to pursue its own interests exclusively, to refrain from disclosing such dealings, transactions or other matters or any information acquired in connection with them and to retain for its sole benefit all profits and benefits derived from the dealings transactions or other matters.
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Samples: Term Loan Facility (DryShips Inc.)
Full freedom to enter into transactions. Without prejudice to Section 15.6 (Business with the Group) or any other provision of a Loan Finance Document and notwithstanding any rule of law or equity to the contrary, the Facility Security Agent shall be absolutely entitled:
(a) to enter into and arrange banking, derivative, investment and/or other transactions of every kind with or affecting any Transaction Obligor or an Approved Manager or any person who is party to, or referred to in, a Loan Finance Document (including, but not limited to, any interest or currency swap or other transaction, whether related to this Agreement or not, and acting as syndicate agent and/or security agent for, and/or participating in, other facilities to such Transaction Obligor or Approved Manager or any person who is party to, or referred to in, a Loan Finance Document);
(b) to deal in and enter into and arrange transactions relating to:
(i) any securities issued or to be issued by any Transaction Obligor or any other person; or
(ii) any options or other derivatives in connection with such securities; and
(c) to provide advice or other services to the Borrower or any person who is a party to, or referred to in, a Loan Finance Document, and, in particular, the Facility Security Agent shall be absolutely entitled, in proposing, evaluating, negotiating, entering into and arranging all such transactions and in connection with all other matters covered by paragraphs (a), (b) and (c) above, to use (subject only to insider dealing legislation) any information or opportunity, howsoever acquired by it, to pursue its own interests exclusively, to refrain from disclosing such dealings, transactions or other matters or any information acquired in connection with them and to retain for its sole benefit all profits and benefits derived from the dealings transactions or other matters.
Appears in 1 contract
Samples: Facility Agreement (Euroseas Ltd.)
Full freedom to enter into transactions. Without prejudice to Section 15.6 (Business with the Group) or any other provision of a Loan Document and notwithstanding Notwithstanding any rule of law or equity to the contrary, the Facility Agent each Servicing Bank shall be absolutely entitled:
(a) to enter into and arrange banking, derivative, investment and/or other transactions of every kind with or affecting any Transaction Obligor the Borrower or any person who is party to, or referred to in, a Loan Finance Document (including, but not limited to, any interest or currency swap or other transaction, whether related to this Agreement or not, and acting as syndicate agent and/or security agent trustee for, and/or participating in, other facilities to such Transaction Obligor the Borrower or any person who is party to, to or referred to in, a Loan Finance Document);
(b) to deal in and enter into and arrange transactions relating to:
(i) any securities issued or to be issued by any Transaction Obligor the Borrower or any such other person; or
(ii) any options or other derivatives in connection with such securities; and
(c) to provide advice or other services to the Borrower or any person who is a party to, or referred to in, a Loan Finance Document, and, in particular, the Facility Agent each Servicing Bank shall be absolutely entitled, in proposing, evaluating, negotiating, entering into and arranging all such transactions and in connection with all other matters covered by paragraphs (a), (b) and (c) above, to use (subject only to insider dealing legislation) any information or opportunity, howsoever acquired by it, to pursue its own interests exclusively, to refrain from disclosing such dealings, transactions or other matters or any information acquired in connection with them and to retain for its sole benefit all profits and benefits derived from the dealings transactions or other matters.
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Full freedom to enter into transactions. Without prejudice to Section 15.6 (Business with the Group) 13.6 or any other provision of a Loan Note Document and notwithstanding any rule of law or equity to the contrary, the Facility Administrative Agent shall be absolutely entitled:
(a) to enter into and arrange banking, derivative, investment and/or other transactions of every kind with or affecting any Transaction Obligor or any person Person who is party to, or referred to in, a Loan Note Document (including, but not limited to, any interest or currency swap or other transaction, whether related to this Agreement Note or not, and acting as syndicate agent and/or security agent for, and/or participating in, other facilities to such Transaction Obligor or any person Person who is party to, or referred to in, a Loan Note Document);
(b) to deal in and enter into and arrange transactions relating to:
(i) any securities issued or to be issued by any Transaction Obligor or any other personPerson; or
(ii) any options or other derivatives in connection with such securities; and
(c) to provide advice or other services to the Borrower or any person Person who is a party to, or referred to in, a Loan Note Document, and, in particular, the Facility Administrative Agent shall be absolutely entitled, in proposing, evaluating, negotiating, entering into and arranging all such transactions and in connection with all other matters covered by paragraphs clause (a), clause (b) and clause (c) above, to use (subject only to insider dealing legislation) any information or opportunity, howsoever acquired by it, to pursue its own interests exclusively, to refrain from disclosing such dealings, transactions or other matters or any information acquired in connection with them and to retain for its sole benefit all profits and benefits derived from the dealings transactions or other matters.
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Full freedom to enter into transactions. Without prejudice to Section 15.6 (Business with the Group) 13.7 or any other provision of a Loan Note Document and notwithstanding any rule of law or equity to the contrary, the Facility Collateral Agent shall be absolutely entitled:
(a) to enter into and arrange banking, derivative, investment and/or other transactions of every kind with or affecting any Transaction Obligor or any person Person who is party to, or referred to in, a Loan Note Document (including, but not limited to, any interest or currency swap or other transaction, whether related to this Agreement Note or not, and acting as syndicate agent and/or security agent for, and/or participating in, other facilities to such Transaction Obligor or any person Person who is party to, or referred to in, a Loan Note Document);
(b) to deal in and enter into and arrange transactions relating to:
(i) any securities issued or to be issued by any Transaction Obligor or any other personPerson; or
(ii) any options or other derivatives in connection with such securities; and
(c) to provide advice or other services to the Borrower or any person Person who is a party to, or referred to in, a Loan Note Document, and, in particular, the Facility Collateral Agent shall be absolutely entitled, in proposing, evaluating, negotiating, entering into and arranging all such transactions and in connection with all other matters covered by paragraphs clause (a), clause (b) and clause (c) above, to use (subject only to insider dealing legislation) any information or opportunity, howsoever acquired by it, to pursue its own interests exclusively, to refrain from disclosing such dealings, transactions or other matters or any information acquired in connection with them and to retain for its sole benefit all profits and benefits derived from the dealings transactions or other matters.
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Full freedom to enter into transactions. Without prejudice to Section 15.6 (Business with the Group) or any other provision of a Loan Document and notwithstanding Notwithstanding any rule of law or equity to the contrary, the Facility Security Agent shall be absolutely entitled:
(a) to enter into and arrange banking, derivative, investment and/or other transactions of every kind with or affecting any Transaction Obligor or any person who is party to, or referred to in, a Loan Finance Document (including, but not limited to, any interest or currency swap or other transaction, whether related to this Agreement or not, and acting as syndicate agent and/or security agent for, and/or participating in, other facilities to such Transaction Obligor or any person who is party to, or referred to in, a Loan Finance Document);
(b) to deal in and enter into and arrange transactions relating to:
(i) any securities issued or to be issued by any Transaction Obligor or any other person; or
(ii) any options or other derivatives in connection with such securities; and
(c) to provide advice or other services to the Borrower Borrowers or any person who is a party to, or referred to in, a Loan Finance Document, and, in particular, the Facility Agent each Servicing Bank shall be absolutely entitled, in proposing, evaluating, negotiating, entering into and arranging all such transactions and in connection with all other matters covered by paragraphs (a), (b) and (c) above, to use (subject only to insider dealing legislation) any information or opportunity, howsoever acquired by it, to pursue its own interests exclusively, to refrain from disclosing such dealings, transactions or other matters or any information acquired in connection with them and to retain for its sole benefit all profits and benefits derived from the dealings transactions or other matters.
Appears in 1 contract