Common use of Loans by the Administrative Agent Clause in Contracts

Loans by the Administrative Agent. The Administrative Agent shall have the same rights and powers with respect to (x) the Loans held by it or any of its Affiliates, and (y) the Notes held by it or any of its Affiliates as any other Lender and may exercise the same as if it were not the Administrative Agent. The Administrative Agent and its Affiliates may accept deposits from, lend money to, and generally engage in any kind of business with the New Borrower or any Subsidiary or Affiliate of the New Borrower as if the Administrative Agent were not the Administrative Agent hereunder.

Appears in 2 contracts

Samples: First Lien Credit Agreement (Standard Register Co), Second Lien Credit Agreement (Standard Register Co)

AutoNDA by SimpleDocs

Loans by the Administrative Agent. The Administrative Agent shall have the same rights and powers with respect to (x) the Loans held by it or any of its Affiliates, and (y) the Notes held by it or any of its Affiliates as any other Lender and may exercise the same as if it were not the Administrative Agent. The Administrative Agent and its Affiliates may accept deposits from, lend money to, and generally engage in any kind of business with the New Borrower or any Subsidiary or Affiliate of the New Borrower as if the Administrative Agent were not the Administrative Agent hereunder.

Appears in 2 contracts

Samples: Secured Debtor in Possession Credit Agreement, Secured Debtor in Possession Credit Agreement

Loans by the Administrative Agent. The Administrative Agent shall have the same rights and powers with respect to (x) the Loans held made by it or any of its Affiliates, and (y) the Notes held by it or any of its Affiliates as any other Lender and may exercise the same as if it were not the Administrative Agent. The Administrative Agent and its Affiliates may accept deposits from, lend money to, and generally engage in any kind of business with the New Borrower or any Subsidiary or Affiliate of the New Borrower as if the Administrative Agent were not the Administrative Agent hereunder.

Appears in 1 contract

Samples: Credit Agreement (Royal Caribbean Cruises LTD)

Loans by the Administrative Agent. The Administrative Agent shall have the same rights and powers with respect to (x) the Loans held by it or any of its Affiliates, and (y) the Notes held made by it or any of its Affiliates as any other Lender and may exercise the same as if it were not the Administrative AgentAgent hereunder. The Administrative Agent and its Affiliates may accept deposits from, lend money to, and generally engage in any kind of business with any of the New Borrower Obligors or any Subsidiary or Affiliate of the New Borrower thereof as if the Administrative Agent were such Person was not the Administrative Agent hereunder.

Appears in 1 contract

Samples: Senior Secured Superpriority Debtor in Possession Credit Agreement

Loans by the Administrative Agent. The Administrative Agent shall have the same rights and powers with respect to (x) the Loans held by it or any of its Affiliates, and (y) the Notes held by it or any of its Affiliates as any other Lender and may exercise the same as if it were not the Administrative Agent. The Administrative Agent and its Affiliates may accept deposits from, lend money to, and generally engage in any kind of business with the New Borrower Borrowers or any Subsidiary or Affiliate of the New Borrower Borrowers as if the Administrative Agent were not the Administrative Agent hereunder.

Appears in 1 contract

Samples: Term Loan Credit Agreement (Standard Register Co)

Loans by the Administrative Agent. The Administrative Agent shall have the same rights and powers with respect to (x) the Loans held made by it or any of its Affiliates, and (y) the Notes held by it or any of its Affiliates as any other Lender and may exercise the same as if it were not the Administrative AgentAgent hereunder. The Administrative Agent Xxxxx Fargo and its Affiliates may accept deposits from, lend money to, and generally engage in any kind of business with the New Borrower or any Subsidiary or Affiliate of the New Borrower and its Affiliates as if the Administrative Agent Xxxxx Fargo were not the Administrative Agent hereunder.

Appears in 1 contract

Samples: Loan Agreement (Tropicana Las Vegas Hotel & Casino, Inc.)

Loans by the Administrative Agent. The Administrative Agent shall have the same rights and powers with respect to (x) the Loans held made by it or any of its Affiliates, and (y) the Notes held by it or any of its Affiliates as any other Lender and may exercise the same as if it were not the Administrative AgentAgent hereunder. The Administrative Agent Foothill and its Affiliates may accept deposits from, lend money to, and generally engage in any kind of business with the New Borrower or any Subsidiary or Affiliate of the New Borrower and its Affiliates as if the Administrative Agent Foothill were not the Administrative Agent hereunder.

Appears in 1 contract

Samples: Loan Agreement (Tropicana Las Vegas Hotel & Casino, Inc.)

AutoNDA by SimpleDocs

Loans by the Administrative Agent. The Administrative Agent shall have the same rights and powers with respect to (x) the Loans held made by it or any of its Affiliates, and (y) the Term Notes held by it or any of its Affiliates as any other Lender and may exercise the same as if it were not the Administrative Agent. The Administrative Agent and its Affiliates may accept deposits from, lend money to, and generally engage in any kind of business with the New Borrower or any Subsidiary or Affiliate of the New Borrower as if the Administrative Agent were not the Administrative Agent hereunder.

Appears in 1 contract

Samples: Credit Agreement (Royal Caribbean Cruises LTD)

Loans by the Administrative Agent. The Administrative Agent shall have the same rights and powers with respect to (x) the Loans held by it or any of its Affiliates, and (y) the Notes held Credit Extensions made by it or any of its Affiliates as any other Lender and may exercise the same as if it were not the Administrative AgentAgent hereunder. The Administrative Agent and its Affiliates may accept deposits from, lend money to, and generally engage in any kind of business with Greektown Holdings, its Subsidiaries, Kewadin, Monroe, the New Borrower Authority, the Tribe or any Subsidiary or Affiliate of the New Borrower thereof as if the Administrative Agent were such Person was not the Administrative Agent hereunder.

Appears in 1 contract

Samples: Senior Secured Debtor in Possession Credit Agreement (New Greektown Holdco LLC)

Loans by the Administrative Agent. The Administrative Agent shall have the same rights and powers with respect to (x) the Loans held by it or any of its Affiliates, and (y) the Notes held made by it or any of its Affiliates as any other Lender and may exercise the same as if it were not the Administrative Agent. The Administrative Agent and its Affiliates may accept deposits from, lend money to, and generally engage in any kind of business with the New Borrower or any Subsidiary or Affiliate of the New Borrower as if the Administrative Agent were not the Administrative Agent hereunder.

Appears in 1 contract

Samples: Credit and Guarantee Agreement (Kaiser Francis Oil Co)

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