Common use of Rights of Agent Clause in Contracts

Rights of Agent. It is understood and agreed that JPMorgan Chase shall have the same rights and powers hereunder (including the right to give such instructions) as the other Lenders 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 Lenders under this Agreement.

Appears in 4 contracts

Samples: Revolving Credit and Guaranty Agreement (McLeodusa Inc), Revolving Credit, Guaranty and Security Agreement (Acterna Corp), Revolving Credit and Guaranty Agreement (Danielson Holding Corp)

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Rights of Agent. It is understood and agreed that JPMorgan Chase shall have the same rights and powers hereunder (including the right to give such instructions) as the other Lenders 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 Lenders Banks under this Agreement.

Appears in 2 contracts

Samples: Revolving Credit and Guaranty Agreement (Kasper a S L LTD), Revolving Credit and Guaranty Agreement (Burlington Industries Inc /De/)

Rights of Agent. It is understood and agreed that JPMorgan Chase shall have the same rights and powers hereunder (including the right to give such instructions) as the other Lenders 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 Borrowers or any Guarantorof their respective Subsidiaries, as though it were not the Agent of the Lenders under this Agreement.

Appears in 1 contract

Samples: Credit, Guarantee and Security Agreement (Gentek Inc)

Rights of Agent. It is understood and agreed that JPMorgan Chase shall have the same rights and powers hereunder (including the right to give such instructions) as the other Lenders 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 Borrower, Holdings or any Guarantorof their respective Subsidiaries, as though it were not the Agent of the Lenders under this Agreement.

Appears in 1 contract

Samples: Revolving Credit Agreement (Viasystems Group Inc)

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Rights of Agent. It is understood and agreed that JPMorgan Chase Bank shall have the same rights and powers hereunder (including the right to give such instructions) as the other Lenders 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 any Borrower or any Guarantor, as though it were not the Agent of the Lenders under this Agreement.

Appears in 1 contract

Samples: Secured Super Priority Debtor in Possession Revolving Credit and Guaranty Agreement (Kaiser Aluminum & Chemical Corp)

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