Common use of Other Business Clause in Contracts

Other Business. The Agent may, without any liability to account to the Lenders, generally engage in any kind of banking or trust business with a Security Party or with a Security Party’s subsidiaries or associated companies or with a Lender as if it were not the Agent.

Appears in 21 contracts

Samples: Secured Term Loan Facility Agreement (Teekay Tankers Ltd.), Secured Loan Agreement (Teekay LNG Partners L.P.), Secured Credit Facility (Teekay Offshore Partners L.P.)

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Other Business. The Agent may, without any liability to account to the LendersBanks, generally engage in any kind of banking or trust business with a any of the Security Party Parties or with a Security Party’s subsidiaries any of their respective Subsidiaries or associated companies or with a Lender Bank as if it were not the Agent.

Appears in 13 contracts

Samples: Loan Facility Agreement, Secured Reducing Revolving Loan Facility Agreement (Gulfmark Offshore Inc), Secured Reducing Revolving Loan Facility Agreement (Gulfmark Offshore Inc)

Other Business. The Agent may, without any liability to account to the Lenders, generally engage in any kind of banking or trust business with a Security Party or with a Security Party’s 's subsidiaries or associated companies or with a Lender as if it were not the Agent.

Appears in 9 contracts

Samples: Loan Agreement, Third Supplemental Agreement to Secured Loan Facility Agreement (Genco Shipping & Trading LTD), Secured Loan Agreement (Diana Shipping Inc.)

Other Business. The Agent may, without any liability to account to the LendersBanks or the Arrangers, generally engage in any kind of banking or trust business with a any of the Security Party Parties or with a Security Party’s subsidiaries any of their respective Subsidiaries or associated companies or with a Lender Bank as if it were not the Agent.

Appears in 4 contracts

Samples: Loan Facility Agreement (Teekay Shipping Corp), Loan Facility Agreement (Stolt Offshore S A), Loan Facility Agreement (Teekay Offshore Partners L.P.)

Other Business. The Agent may, without any liability to account to the LendersBanks, generally engage in any kind of banking or trust business with a any of the Security Party Parties or with a Security Party’s any of their respective subsidiaries or associated companies or with a Lender Bank as if it were not the Agent.

Appears in 3 contracts

Samples: Loan Facility Agreement (Mc Shipping Inc), Loan Facility Agreement (Mc Shipping Inc), Secured Loan Facility Agreement (Euroseas Ltd.)

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Other Business. The Agent may, without any liability to account to the LendersLenders or the Swap Provider, generally engage in any kind of banking or trust business with a Security Party or with a Security Party’s subsidiaries or associated companies or with a Lender as if it were not the Agent.

Appears in 3 contracts

Samples: Facility Agreement (Teekay Corp), Facility Agreement (Teekay Tankers Ltd.), Facility Agreement (Teekay Corp)

Other Business. The Agent may, without any liability to account to the Lenders, generally engage in any kind of banking or trust business with a Security Party or with a Security Party’s subsidiaries Subsidiaries or associated companies or with a Lender as if it were not the Agent.

Appears in 1 contract

Samples: Secured Loan Agreement (DryShips Inc.)

Other Business. The Agent may, without any liability to account to the Lenders, generally engage in any kind of banking or trust business with a Security Party or with a Security Party’s subsidiaries or associated companies or with a Lender as if it were not the Agent.with

Appears in 1 contract

Samples: Secured Loan Agreement (Diana Shipping Inc.)

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