Rights and Powers as a Secured Party. The Person serving as the Collateral Agent shall, in its capacity as a Secured Party, have the same rights and powers as any other Secured Party and may exercise the same as though it were not the Collateral Agent. Such Person and its Affiliates may accept deposits from, lend money to, and generally engage in any kind of business with the Borrower, any of its Subsidiaries or their respective Affiliates as if it were not the Collateral Agent hereunder.
Appears in 5 contracts
Samples: Borrower Security Agreement (United States Steel Corp), Borrower Canadian Security Agreement (United States Steel Corp), Borrower Security Agreement (United States Steel Corp)
Rights and Powers as a Secured Party. The Person serving as the Collateral Agent shall, in its capacity as a Secured Party, have the same rights and powers as any other Secured Party and may exercise the same as though it were not the Collateral Agent. Such Person and its Affiliates may accept deposits from, lend money to, to and generally engage in any kind of business with the Borrower, any of its Subsidiaries or their respective Affiliates as if it were not the Collateral Agent hereunder.
Appears in 4 contracts
Samples: Security Agreement (United States Steel Corp), Security Agreement (United States Steel Corp), Security Agreement (United States Steel Corp)
Rights and Powers as a Secured Party. The Person serving as the Collateral Agent shall, in its capacity as a Secured Party, have the same rights and powers as any other Secured Party and may exercise the same as though it were not the Collateral Agent. Such Person and its Affiliates may accept deposits from, lend money to, and generally engage in any kind of business with the Borrower, any of its Subsidiaries (including any Lien Grantor) or their respective Affiliates as if it were not the Collateral Agent hereunder.
Appears in 3 contracts
Samples: Subsidiary Security Agreement (United States Steel Corp), Subsidiary Security Agreement (United States Steel Corp), Subsidiary Security Agreement (United States Steel Corp)
Rights and Powers as a Secured Party. The Person serving as the Collateral Agent shall, in its capacity as a Secured Party, have the same rights and powers as any other Secured Party and may exercise the same as though it were not the Collateral Agent. Such Person and its Affiliates may accept deposits from, lend money to, to and generally engage in any kind of business with the BorrowerBorrowers, any of its their Subsidiaries or their respective Affiliates as if it were not the Collateral Agent hereunder.
Appears in 2 contracts
Samples: Security Agreement (Ryerson Tull Inc /De/), Guarantee and Security Agreement (Ryerson Inc.)
Rights and Powers as a Secured Party. The Person serving as the Collateral Agent shall, in its capacity as a Secured Party, have the same rights and powers as any other Secured Party and may exercise the same as though it were not the Collateral Agent. Such Person and its Affiliates may accept deposits from, lend money to, to and generally engage in any kind of business with the BorrowerCanadian Borrowers, any of its their Subsidiaries or their respective Affiliates as if it were not the Collateral Agent hereunder.
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Rights and Powers as a Secured Party. The Person serving as the Collateral Agent shall, in its capacity as a Secured Party, have the same rights and powers as any other Secured Party and may exercise the same as though it were not the Collateral Agent. Such Person and its Affiliates may accept deposits from, lend money to, to and generally engage in any kind of business with the BorrowerCompany, any of its Subsidiaries or their respective Affiliates as if it were not the Collateral Agent hereunder.
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