Common use of Sharing Information With Affiliates of the Banks Clause in Contracts

Sharing Information With Affiliates of the Banks. Each Borrower acknowledges that from time to time financial advisory, investment banking and other services may be offered or provided to the Borrower or one or more of its affiliates (in connection with this Agreement or otherwise) by any Bank or by one or more Subsidiaries or affiliates of such Bank and each of the Borrowers hereby authorizes each Bank to share any information delivered to such Bank by such Borrower and its Subsidiaries pursuant to this Agreement, or in connection with the decision of such Bank to enter into this Agreement, to any such Subsidiary or affiliate of such Bank, it being understood that any such Subsidiary or affiliate of any Bank receiving such information shall be bound by the provisions of Section 10.15 as if it were a Bank hereunder. Such authorization shall survive the repayment of the Loans and other Indebtedness and the termination of any commitment to lend or to issue Letters of Credit hereunder.

Appears in 1 contract

Samples: Loan Agreement (Resource America Inc)

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Sharing Information With Affiliates of the Banks. Each Borrower acknowledges that from time to time financial advisory, investment banking and other services may be offered or provided to the Borrower or one or more of its affiliates Affiliates (in connection with this Agreement or otherwise) by any Bank or by one or more Subsidiaries or affiliates Affiliates of such Bank and each of the Borrowers Borrower hereby authorizes each the Bank to share any information delivered to such the Bank by such Borrower and its Subsidiaries pursuant to this Agreement, or in connection with the decision of such the Bank to enter into this Agreement, to any such Subsidiary or affiliate Affiliate of such the Bank, it being understood that any such Subsidiary or affiliate of any the Bank receiving such information shall be bound by the provisions of Section 10.15 0 as if it were a the Bank hereunder. Such authorization Authorization shall survive the repayment of the Loans and other Indebtedness Obligations and the termination of any commitment to lend or to issue Letters of Credit hereunderthe Commitments.

Appears in 1 contract

Samples: Revolving Credit Facility Agreement (New Jersey Resources Corp)

Sharing Information With Affiliates of the Banks. Each The Borrower acknowledges that from time to time financial advisory, investment banking banking, and other services may be offered or provided to the Borrower or one or more of its affiliates Affiliates (in connection with this Agreement or otherwise) by any Bank or by one or more Subsidiaries or affiliates Affiliates of such Bank and each of the Borrowers Borrower hereby authorizes each Bank to share any information delivered to such Bank by such the Borrower and or any of its Subsidiaries pursuant to this Agreement, or in connection with the decision of such Bank to enter into this Agreement, to any such Subsidiary or affiliate Affiliate of such Bank, it being understood that any such Subsidiary or affiliate Affiliate of any Bank receiving such information shall be bound by the provisions of Section 10.15 10.12(a) as if it were a Bank hereunder. Such authorization shall survive the repayment of the Loans and other Indebtedness Obligations and the termination of any commitment to lend or to issue Letters of Credit hereunderthe Commitments.

Appears in 1 contract

Samples: Credit Agreement (Ace LTD)

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Sharing Information With Affiliates of the Banks. Each Borrower acknowledges that from time to time financial advisory, investment banking and other services may be offered or provided to the Borrower Borrowers or one or more of its affiliates their Affiliates (in connection with this Agreement or otherwise) by any Bank or by one or more Subsidiaries or affiliates Affiliates of such Bank and each of the Borrowers hereby authorizes each Bank to share any information delivered to such Bank by such Borrower and its Subsidiaries pursuant to this Agreement, or in connection with the decision of such Bank to enter into this Agreement, to any such Subsidiary or affiliate Affiliate of such Bank, it being understood that any such Subsidiary or affiliate Affiliate of any Bank receiving such information shall be bound by the provisions of Section 10.15 10.12.1 as if it were a Bank hereunder. Such authorization shall survive the repayment of the Loans and other Indebtedness Obligations and the termination of any commitment to lend or to issue Letters of Credit hereunderthe Commitments.

Appears in 1 contract

Samples: Revolving Credit Facility (Professional Detailing Inc)

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