Common use of GE Capital and Affiliates Clause in Contracts

GE Capital and Affiliates. With respect to its commitment hereunder to make the Term Loan and Revolving Credit Advances, GE Capital shall have the same rights and powers under this Agreement and the other Loan Documents as any other Lender and may exercise the same as though it were not Agent; and the term "Lender" or "Lenders" shall, unless otherwise expressly indicated, include GE Capital in its individual capacity. GE Capital and its Affiliates may lend money to, invest in, and generally engage in any kind of business with, Borrower, and any of its Affiliates and any Person who may do business with or own securities of Borrower or any Affiliate, all as if GE Capital were not Agent and without any duty to account therefor to Lenders. GE Capital and its Affiliates may accept fees and other consideration from Borrower for services in connection with the Agreement or otherwise without having to account for the same to Lenders.

Appears in 1 contract

Samples: Credit Agreement (Ladish Co Inc)

AutoNDA by SimpleDocs

GE Capital and Affiliates. With respect to its commitment hereunder to make the Term Loan and Revolving Credit Advances, GE Capital shall have the same rights and powers under this Agreement and the other Loan Documents as any other Lender and may exercise the same as though it were not Agent; and the term "Lender" or "Lenders" shall, unless otherwise expressly indicated, include GE Capital in its individual capacity. GE Capital and its Affiliates may lend money to, invest in, and generally engage in any kind of business with, Borrower, and any of its Subsidiaries and Affiliates and any Person who may do business with or own securities of Borrower or any such Subsidiary or Affiliate, all as if GE Capital were not Agent and without any duty to account therefor to Lenders. GE Capital and its Affiliates may accept fees and other consideration from Borrower and any of its Subsidiaries for services in connection with the Agreement or otherwise without having to account for the same to Lenders.

Appears in 1 contract

Samples: Credit Agreement (Lasermaster Technologies Inc)

GE Capital and Affiliates. With respect to its commitment hereunder to make the Term Loan and Revolving Credit AdvancesCommitments hereunder, GE Capital shall have the same rights and powers under this Agreement and the other Loan Documents as any other Lender and may exercise the same as though it were not Agent; and the term "Lender" or "Lenders" shall, unless otherwise expressly indicated, include GE Capital in its individual capacity. GE Capital and its Affiliates may lend money to, invest in, and generally engage in any kind of business with, Borrowereither of Borrower or Servicer, and any of its their Affiliates and any Person who may do business with or own securities of either of Borrower or Servicer or any such Affiliate, all as if GE Capital were not Agent and without any duty to account therefor to Lenders. GE Capital and its Affiliates may accept fees and other consideration from Borrower for services in connection with the this Agreement or otherwise without having to account for the same to Lenders.

Appears in 1 contract

Samples: Credit Agreement (Credit Store Inc)

GE Capital and Affiliates. With respect to its commitment hereunder to make the Term Loan and Revolving Credit AdvancesCommitments hereunder, GE Capital shall have the same rights and powers under this Agreement and the other Loan Documents as any other Lender and may exercise the same as though it were not Agent; and the term "Lender" or "Lenders" shall, unless otherwise expressly indicated, include GE Capital in its individual capacity. GE Capital and its Affiliates may lend money to, invest in, and generally engage in any kind of business with, BorrowerHoldings or any Credit Party, and any of its their Affiliates and any Person who may do business with or own securities of Borrower Holdings or any Credit Party or any such Affiliate, all as if GE Capital were not Agent and without any duty to account therefor to Lenders. GE Capital and its Affiliates may accept fees and other consideration from Borrower Holdings or any Credit Party for services in connection with the this Agreement or otherwise without having to account for the same to Lenders.

Appears in 1 contract

Samples: Credit Agreement (Mim Corp)

AutoNDA by SimpleDocs

GE Capital and Affiliates. With respect to its commitment hereunder to make the Term Loan and Revolving Credit Advances, GE Capital shall have the same rights and powers under this Agreement and the other Loan Documents as any other Lender and may exercise the same as though it were not Agent; and the term "Lender" or "Lenders" shall, unless otherwise expressly indicated, include GE Capital in its individual capacity. GE Capital and its Affiliates may lend money to, invest in, and generally engage in any kind of business with, Borrower, and Borrower or any of its Affiliates and any Person who may do business with or own securities of Borrower or any Affiliate, all as if GE Capital were not Agent and without any duty to account therefor to Lenders. GE Capital and its Affiliates may accept fees and other consideration from Borrower or Guarantor for services in connection with the Agreement or otherwise without having to account for the same to Lenders.

Appears in 1 contract

Samples: Credit Agreement (Ladish Co Inc)

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