Issuing Bank in its Individual Capacity. With respect to its commitments and the obligations owing to it, the Issuing Bank shall have the same rights and powers under this Agreement and each other Credit Document as any other Lender and may exercise the same as though it were not the Issuing Bank, and the term “Lenders” and like terms shall include the Issuing Bank in its individual capacity as such. The Issuing Bank and its affiliates may, without liability to account to any Person, make loans to, accept deposits from, acquire debt or equity interests in, act as trustee under indentures of, act as agent under other credit facilities for, and engage in any other business with, any Credit Party and any stockholder, subsidiary or affiliate of any Credit Party, as though the Issuing Bank were not the Issuing Bank hereunder.
Appears in 3 contracts
Samples: Reimbursement Agreement (Renaissancere Holdings LTD), Reimbursement Agreement (Renaissancere Holdings LTD), Reimbursement Agreement (Renaissancere Holdings LTD)
Issuing Bank in its Individual Capacity. With respect to its commitments Commitments and the obligations owing to it, the Issuing Bank shall have the same rights and powers under this Agreement and each other Credit Loan Document as any other Lender and may exercise the same as though it were not the Issuing Bank, and the term “Lenders” and like terms shall include the Issuing Bank in its individual capacity as such. The Issuing Bank and its affiliates may, without liability to account to any Person, make loans to, accept deposits from, acquire debt or equity interests in, act as trustee under indentures of, act as agent under other credit facilities for, and engage in any other business with, any Credit Party Borrower and any stockholder, subsidiary or affiliate of any Credit PartyBorrower, as though the Issuing Bank were not the Issuing Bank hereunder.
Appears in 2 contracts
Samples: Credit Agreement (Ace LTD), Credit Agreement (Ace LTD)
Issuing Bank in its Individual Capacity. With respect to its commitments commitment hereunder and the obligations Obligations owing to it, the Issuing Bank shall have the same rights and powers under this Agreement and each other Credit Transaction Document as any other Lender Bank and may exercise the same as though it were not the Issuing Bank, and the term “Lenders” "Banks" and like terms shall include the Issuing Bank in its individual capacity as such. The Issuing Bank and its affiliates may, without liability to account to any Personaccount, make loans to, accept deposits from, acquire debt or equity interests in, act as trustee under indentures of, act as agent under other credit facilities for, and engage in any other business with, any Credit Party and any stockholder, subsidiary or affiliate of any Credit Party, as though the Issuing Bank were not the Issuing Bank hereunder.
Appears in 1 contract
Samples: Letter of Credit Facility and Reimbursement Agreement (Xl Capital LTD)
Issuing Bank in its Individual Capacity. With respect to its commitments commitment hereunder and the obligations Obligations owing to it, the Issuing Bank shall have the same rights and powers under this Agreement and each other Credit Transaction Document as any other Lender Bank and may exercise the same as though it were not the Issuing Bank, and the term “Lenders” terms "Banks," "holders of Notes" and like terms shall include the Issuing Bank in its individual capacity as such. The Issuing Bank and its affiliates may, without liability to account to any Personaccount, make loans to, accept deposits from, acquire debt or equity interests in, act as trustee under indentures of, act as agent under other credit facilities for, and engage in any other business with, any Credit Party and any stockholder, subsidiary or affiliate of any Credit Party, as though the Issuing Bank were not the Issuing Bank hereunder.
Appears in 1 contract
Samples: Letter of Credit Facility and Reimbursement Agreement (Xl Capital LTD)
Issuing Bank in its Individual Capacity. With respect to its commitments and the obligations owing to it, the Issuing Bank shall have the same rights and powers under this Agreement and each other Credit Loan Document as any other Lender Bank and may exercise the same as though it were not the Issuing Bank, and the term “LendersBanks” and like terms shall include the Issuing Bank in its individual capacity as such. The Issuing Bank and its affiliates Affiliates may, without liability to account to any Person, make loans to, accept deposits from, acquire debt or equity interests in, act as trustee under indentures of, act as agent under other credit facilities for, and engage in any other business with, any Credit Party ACE and any stockholder, subsidiary Subsidiary or affiliate Affiliate of any Credit PartyACE, as though the Issuing Bank were not the Issuing Bank hereunder.
Appears in 1 contract
Samples: Credit Agreement (Ace LTD)
Issuing Bank in its Individual Capacity. With respect to its --------------------------------------- commitments and the obligations owing to it, the Issuing Bank shall have the same rights and powers under this Agreement and each other Credit Loan Document as any other Lender Bank and may exercise the same as though it were not the Issuing Bank, and the term “Lenders” "Banks" and like terms shall include the Issuing Bank in its individual capacity as such. The Issuing Bank and its affiliates may, without liability to account to any Person, make loans to, accept deposits from, acquire debt or equity interests in, act as trustee under indentures of, act as agent under other credit facilities for, and engage in any other business with, any Credit Account Party and any stockholder, subsidiary or affiliate of any Credit Account Party, as though the Issuing Bank were not the Issuing Bank hereunder.
Appears in 1 contract
Samples: Reimbursement Agreement (Ace LTD)
Issuing Bank in its Individual Capacity. With respect to its commitments Commitments and the obligations owing to it, the each Issuing Bank shall have the same rights and powers under this Agreement and each other Credit Loan Document as any other Lender and may exercise the same as though it were not the an Issuing Bank, and the term “Lenders” and like terms shall include the each Issuing Bank in its individual capacity as such. The Each Issuing Bank and its affiliates may, without liability to account to any Person, make loans to, accept deposits from, acquire debt or equity interests in, act as trustee under indentures of, act as agent under other credit facilities for, and engage in any other business with, any Credit Party Borrower and any stockholder, subsidiary or affiliate of any Credit PartyBorrower, as though the such Issuing Bank were not the an Issuing Bank hereunder.
Appears in 1 contract
Samples: Credit Agreement (Ace LTD)