Common use of JPMorgan Chase Roles Clause in Contracts

JPMorgan Chase Roles. Each of the Committed Purchasers acknowledges that JPMorgan Chase acts, or may in the future act, (i) as administrative agent or administrative trustee for one or more of the Conduit Purchasers, (ii) as Managing Agent for one or more of the Conduit Purchasers, (iii) as issuing and paying agent for one or more Conduit Purchaser’s Commercial Paper, (iv) to provide credit or liquidity enhancement for the timely payment for one or more Conduit Purchaser’s Commercial Paper and (v) to provide other services from time to time for some or all of the Purchasers (collectively, the “JPMorgan Chase Roles”). Without limiting the generality of this Section 12.13(a), each Committed Purchaser hereby acknowledges and consents to any and all JPMorgan Chase Roles and agrees that in connection with any JPMorgan Chase Role, JPMorgan Chase may take, or refrain from taking, any action that it, in its discretion, deems appropriate, including, without limitation, in its role as administrative agent or administrative trustee for the related Conduit Purchasers, and the giving of notice of a mandatory purchase pursuant its Liquidity Agreement.

JPMorgan Chase Roles. Each of the Committed Purchasers Financial Institutions acknowledges that JPMorgan Chase acts, or may in the future act, (i) as administrative agent or administrative trustee Agent for one or more of the Conduit Purchasers, (ii) as Managing Agent for one Chariot or more of the Conduit Purchasersany Financial Institution in JPMorgan Chase’s Purchase Group, (iii) as issuing and paying agent for one or more Conduit PurchaserChariot’s Commercial Paper, (iv) to provide credit or liquidity enhancement for the timely payment for one or more Conduit PurchaserChariot’s Commercial Paper and (v) to provide other services from time to time for some or all any of the Purchasers Purchasers, any Financial Institution, Seller, the Originators and Affiliates (collectively, the “JPMorgan Chase Roles”). Without limiting the generality of this Section 12.13(a)14.13, each Committed Purchaser Financial Institution hereby acknowledges and consents to any and all JPMorgan Chase Roles and agrees that in connection with any JPMorgan Chase Role, JPMorgan Chase may take, or refrain from taking, any action that it, in its discretion, deems appropriate, including, without limitation, in its role as administrative agent or administrative trustee for the related Conduit PurchasersChariot, and the giving of notice to the Agent of a mandatory purchase pursuant its to a Liquidity Agreement.

JPMorgan Chase Roles. Each of the Committed Purchasers acknowledges that JPMorgan Chase acts, or may in the future act, (i) as administrative agent or administrative trustee for one or more of the Conduit Purchasers, (ii) as Managing Agent for one or more of the Conduit Purchasers, (iii) as issuing and paying agent for one or more Conduit Purchaser’s Commercial Paper, (iv) to provide credit or liquidity enhancement for the timely payment for one or more Conduit Purchaser’s Commercial Paper and (v) to 41 provide other services from time to time for some or all of the Purchasers (collectively, the “JPMorgan Chase Roles”). Without limiting the generality of this Section 12.13(a), each Committed Purchaser hereby acknowledges and consents to any and all JPMorgan Chase Roles and agrees that in connection with any JPMorgan Chase Role, JPMorgan Chase may take, or refrain from taking, any action that it, in its discretion, deems appropriate, including, without limitation, in its role as administrative agent or administrative trustee for the related Conduit Purchasers, and the giving of notice of a mandatory purchase pursuant its Liquidity Agreement.