Rights of Agents. Each institution serving as an Agent hereunder shall have the same rights and powers in its capacity as a Lender as any other Lender and may exercise the same as though it were not an Agent, and such bank and its respective Affiliates may accept deposits from, lend money to, act in any advisor capacity, and generally engage in any kind of business with the Borrower, Parent or any Subsidiary or other Affiliate of Parent as if it were not an Agent hereunder and without any duty to account therefor to the Lenders.
Appears in 16 contracts
Samples: Credit and Guaranty Agreement (American Airlines, Inc.), Credit and Guaranty Agreement (American Airlines, Inc.), Credit and Guaranty Agreement (American Airlines, Inc.)
Rights of Agents. Each institution serving as an Agent hereunder shall have the same rights and powers in its capacity as a Lender as any other Lender and may exercise the same as though it were not an Agent, and such bank and its respective Affiliates may accept deposits from, lend money to, act in any advisor capacity, to and generally engage in any kind of business with the Borrower, Parent Borrower or any Subsidiary or other Affiliate of Parent thereof as if it were not an Agent hereunder and without any duty to account therefor to the Lendershereunder.
Appears in 8 contracts
Samples: Revolving Credit, Term Loan and Guaranty Agreement (Delphi Corp), Revolving Credit, Term Loan and Guaranty Agreement, Revolving Credit, Term Loan and Guaranty Agreement (Delphi Corp)
Rights of Agents. Each Any institution serving as an Administrative Agent hereunder shall have the same rights and powers in its capacity as a Lender as any other Lender and may exercise the same as though it were not an Agent, and such bank and its respective Affiliates may accept deposits from, lend money to, act in any advisor capacity, to and generally engage in any kind of business with the Borrower, Parent Borrower or any Subsidiary or other Affiliate of Parent the Borrower as if it were not an Agent hereunder and without any duty to account therefor to the Lendershereunder.
Appears in 4 contracts
Samples: Credit and Guaranty Agreement (Spirit Airlines, Inc.), Credit and Guaranty Agreement (Spirit Airlines, Inc.), Credit and Guaranty Agreement (Spirit Airlines, Inc.)
Rights of Agents. Each Any institution serving as an Agent hereunder shall have the same rights and powers in its capacity as a Lender as any other Lender and may exercise the same as though it were not an Agent, and such bank institution and its respective Affiliates may accept deposits from, lend money to, act in any advisor capacity, to and generally engage in any kind of business with the Borrower, Parent Loan Parties or any Subsidiary or other Affiliate of Parent the Loan Parties as if it were not an Agent hereunder and without any duty to account therefor to the Lendershereunder.
Appears in 3 contracts
Samples: Credit Agreement (Wheels Up Experience Inc.), Credit Agreement (Wheels Up Experience Inc.), Credit Agreement (Wheels Up Experience Inc.)
Rights of Agents. Each Any institution serving as an the Agent hereunder shall have the same rights and powers in its capacity as a Lender as any other Lender and may exercise the same as though it were not an Agent, and such bank institution and its respective Affiliates may accept deposits from, 130 lend money to, act in any advisor capacity, to and generally engage in any kind of business with the Borrower, Parent Loan Parties or any Subsidiary or other Affiliate of Parent the Loan Parties as if it were not an Agent hereunder and without any duty to account therefor to the Lendershereunder.
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Rights of Agents. Each Any institution serving as an the Agent hereunder shall have the same rights and powers in its capacity as a Lender as any other Lender and may exercise the same as though it were not an Agent, and such bank institution and its respective Affiliates may accept deposits from, lend money to, act in any advisor capacity, to and generally engage in any kind of business with the Borrower, Parent Loan Parties or any Subsidiary or other Affiliate of Parent the Loan Parties as if it were not an Agent hereunder and without any duty to account therefor to the Lendershereunder.
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