Common use of The Agent and Affiliates Clause in Contracts

The Agent and Affiliates. With respect to its Commitment, the Credit Extensions made by it and the Note issued to it as a Bank, the Agent shall have the same rights and powers under this Agreement or the other Loan Documents as any other Bank and may exercise the same as though it were not the Agent. The term "Bank" or "Banks" shall, unless otherwise expressly indicated, include the Agent in its individual capacity. The Agent and its affiliates may accept deposits from, lend money to, act as trustee under indentures of, and generally engage in any kind of business with Borrower, any of its respective Subsidiaries and any Person who may do business with or own securities of Borrower, any of its respective Subsidiaries, all as if the Agent were not the Agent and without any duty to account therefor to the Banks.

Appears in 2 contracts

Samples: Reducing Revolving Credit Agreement (Energy Partners LTD), Reducing Revolving Credit Agreement (Energy Partners LTD)

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The Agent and Affiliates. With respect to its Commitment, Commitment and the Credit Extensions Advances made by it and the Note issued to it as a Bankit, the Agent shall have the same rights and powers under this Agreement or the other Loan Credit Documents as any other Bank and may exercise the same as though it were was not the Agent. The ; and the term "Bank" or "Banks" shall, unless otherwise expressly indicated, include the Agent in its individual capacity. The Agent and its affiliates may accept deposits from, lend money to, act as trustee under indentures of, and generally engage in any kind of business with the Borrower, any Subsidiary of its respective Subsidiaries the Borrower, and any Person who may do business with or own securities of Borrower, the Borrower or any of its respective Subsidiariessuch Subsidiary, all as if the Agent were not the Agent and without any duty to account therefor to the Banks.

Appears in 1 contract

Samples: Credit Agreement (Belden Inc)

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The Agent and Affiliates. With respect to its Commitment, the Credit Extensions Loans made by it and the Note issued to it as a Bankit, the Agent shall have the same rights and powers under this Agreement or the other Loan Documents as any other Bank Lender and may exercise the same as though it the Agent were not the Agent. The ; and the term "BankLender" or "BanksLenders" shall, unless otherwise expressly indicated, include the Agent in its individual capacity. The Agent and its affiliates may accept deposits from, lend money to, act as trustee under indentures of, and generally engage in any kind of business with with, the Borrower, any of its respective Subsidiaries subsidiaries and any Person who may do business with or own securities of Borrower, the Borrower or any of its respective Subsidiariessuch subsidiary, all as if the Agent it were not the Agent and without any duty to account therefor to the BanksLenders.

Appears in 1 contract

Samples: Credit Agreement (Phase Metrics Inc)

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