Common use of Rights of Agent Clause in Contracts

Rights of Agent. It is understood and agreed that Chase shall have the same rights and powers hereunder (including the right to give such instructions) as the other Banks and may exercise such rights and powers, as well as its rights and powers under other agreements and instruments to which it is or may be party, and engage in other transactions with the Borrower or any Guarantor, as though it were not the Agent of the Banks under this Agreement.

Appears in 6 contracts

Samples: Revolving Credit and Guaranty Agreement (Alliance Entertainment Corp), Revolving Credit and Guaranty Agreement (Family Golf Centers Inc), Revolving Credit and Guaranty Agreement (Flagstar Companies Inc)

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Rights of Agent. It is understood and agreed that Chase shall --------------- have the same rights and powers hereunder (including the right to give such instructions) as the other Banks and may exercise such rights and powers, as well as its rights and powers under other agreements and instruments to which it is or may be party, and engage in other transactions with the Borrower or any Guarantor, as though it were not the Agent of the Banks under this Agreement.

Appears in 2 contracts

Samples: Revolving Credit and Guaranty Agreement (Mariner Post Acute Network Inc), Revolving Credit and Guaranty Agreement (Brunos Inc)

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