Participating Lender. The Borrower understands that, although the Revolving Note and the other Loan Documents name the Bank as the holder thereof, the Bank may from time to time sell one or more participation interests in the Revolving Loan to one or more other financial institutions. The Borrower agrees that, subject to the terms of the agreements of participation, each participating lender will be entitled to rely on the terms of this Agreement and the other Loan Documents as fully as if such participating lender had been named as the holder of the Revolving Note and the other Loan Documents.
Appears in 1 contract
Samples: Loan Agreement (Beard Co /Ok)
Participating Lender. The Borrower understands that, Borrowers understand that although the -------------------- Revolving Note and the other Loan Documents name the Bank as the holder thereof, the Bank may from time to time sell one or more participation interests in the Revolving Loan Loans to one or more other financial institutions. The Borrower agrees Borrowers agree that, subject to the terms of the agreements of participation, each participating lender will be entitled to rely on the terms of this Agreement and the other Loan Documents as fully as if such participating lender had been named as the holder of the Revolving applicable Note and the other Loan Documents.
Appears in 1 contract
Samples: Credit Agreement (Matrix Service Co)
Participating Lender. The Borrower understands that, Borrowers understand that although the Revolving Note Notes and the other Loan Documents name the Bank as the holder thereof, the Bank may from time to time sell one or more participation interests in the Revolving Loan Loans to one or more other financial institutions. The Borrower agrees Borrowers agree that, subject to the terms of the agreements of participation, each participating lender will be entitled to rely on the terms of this Agreement and the other Loan Documents as fully as if such participating lender had been named as the holder of the Revolving applicable Note and the other Loan Documents.
Appears in 1 contract
Samples: Credit Agreement (Matrix Service Co)
Participating Lender. The Borrower understands Borrowers understand that, although the Revolving Note and the other Loan Documents name the Bank as the holder thereof, the Bank may from time to time sell one or more participation interests in the Revolving Loan to one or more financial institutions which are Affiliates of the Bank or, upon the prior written consent of the Borrowers (such consent not to be unreasonably withheld), to one or more other financial institutions. The Borrower agrees Each of the Borrowers agree that, subject to the terms of the agreements of participation, each participating lender will be entitled to rely on the terms of this Agreement and the other Loan Documents as fully as if such participating lender had been named as the holder of the Revolving Note and the other Loan Documents.
Appears in 1 contract
Samples: Loan Agreement (Eateries Inc)
Participating Lender. The Borrower understands that, Borrowers understand that although the Revolving Note Notes -------------------- and the other Loan Documents name the Bank as the holder thereof, the Bank may from time to time sell one or more participation interests in the Revolving Loan Notes to one or more other financial institutions. The Borrower agrees Borrowers agree that, subject to the terms of the agreements of participation, each participating lender will be entitled to rely on the terms of this Agreement and the other Loan Documents as fully as if such participating lender had been named as the holder of the Revolving applicable Note and the other Loan Documents.
Appears in 1 contract
Samples: Credit Agreement (Matrix Service Co)