Common use of The Administrative Agent as a Lender Clause in Contracts

The Administrative Agent as a Lender. The Administrative Agent may maintain deposits or credit balances for, invest in, lend money to and generally engage in any kind of banking business with the Borrower or any Subsidiary or Affiliate of the Borrower without any duty to account therefor to the Lenders.

Appears in 7 contracts

Samples: Credit Agreement (Southwest Gas Holdings, Inc.), Revolving Credit Agreement (Southwest Gas Corp), Revolving Credit Agreement (Southwest Gas Corp)

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The Administrative Agent as a Lender. The Administrative Agent may may, without any liability to account, maintain deposits or credit balances for, invest in, lend money to and generally engage in any kind of banking business with the Borrower or any Subsidiary or Affiliate of the Borrower as if it were any other borrower and without any duty to account therefor to the other Lenders.

Appears in 2 contracts

Samples: Credit Agreement (Apogee Enterprises Inc), Credit Agreement (Westfield America Inc)

The Administrative Agent as a Lender. The Administrative Agent may may, without any liability to account, maintain deposits or credit balances for, invest in, lend money to and generally engage in any kind of banking business with the Borrower or any Subsidiary or Affiliate of the Borrower without any duty to account therefor to the other Lenders.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Southwest Gas Corp), Revolving Credit Agreement (Southwest Gas Corp)

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The Administrative Agent as a Lender. The Administrative Agent may may, without any liability to account, maintain deposits or credit balances for, invest in, lend money to and generally engage in any kind of banking business with the Borrower or any Subsidiary or Affiliate of the Borrower without any duty to account therefor to the other Lenders.. Section 9.05

Appears in 1 contract

Samples: Revolving Credit Agreement (Southwest Gas Corp)

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