Common use of The Pledgee in its Individual Capacity Clause in Contracts

The Pledgee in its Individual Capacity. With respect to its obligations as a lender under the Credit Agreement and any other Loan Documents to which the Pledgee is a party, and to act as agent under one or more of such Loan Documents, the Person serving as Pledgee shall have the rights and powers specified therein and herein for a “Lender”, or the “Administrative Agent”, as the case may be, and may exercise the same rights and powers as though it were not performing the duties specified herein; and the terms “Lenders,” “Required Lenders,” “holders of Notes,” or any similar terms shall, unless the context clearly otherwise indicates, include the Person serving as Pledgee in its individual capacity. The Person serving as Pledgee and its affiliates may accept deposits from, lend money to, and generally engage in any kind of banking, investment banking, trust or other business with, any Pledgor or any Affiliate or Subsidiary of ANNEX G any Pledgor as if it were not performing the duties specified herein or in the other Loan Documents, and may accept fees and other consideration from the Pledgors for services in connection with the Credit Agreement, the other Loan Documents and otherwise without having to account for the same to the Secured Creditors.

Appears in 4 contracts

Samples: Pledge and Security Agreement (Host Hotels & Resorts L.P.), Pledge and Security Agreement (Host Hotels & Resorts L.P.), Pledge and Security Agreement (Host Hotels & Resorts, Inc.)

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The Pledgee in its Individual Capacity. With respect to its obligations as a lender under the Credit Agreement and any other Loan Credit Documents to which the Pledgee is a party, and to act as agent under one or more of such Loan Credit Documents, the Person serving as Pledgee shall have the rights and powers specified therein and herein for a “Lender”, or the “Administrative Agent”, as the case may be, and may exercise the same rights and powers as though it were not performing the duties specified herein; and the terms “Lenders,” “Required Lenders,” “holders of Notes,” or any similar terms shall, unless the context clearly otherwise indicates, include the Person serving as Pledgee in its individual capacity. The Person serving as Pledgee and its affiliates may accept deposits from, lend money to, and generally engage in any kind of banking, investment banking, trust or other business with, with any Pledgor or any Affiliate or Subsidiary of ANNEX G any Pledgor as if it were not performing the duties specified herein or in the other Loan Credit Documents, and may accept fees and other consideration from the Pledgors for services in connection with the Credit Agreement, the other Loan Credit Documents and otherwise without having to account for the same to the Secured Creditors.

Appears in 3 contracts

Samples: Pledge and Security Agreement (Host Hotels & Resorts, Inc.), Pledge and Security Agreement (Host Marriott Corp/), Pledge and Security Agreement (Host Marriott L P)

The Pledgee in its Individual Capacity. With respect to its obligations as a lender under the Credit Agreement Bank Facility Agreements and any other Loan Credit Documents to which the Pledgee is a party, and to act as agent under one or more of such Loan Credit Documents, the Person serving as Pledgee shall have the rights and powers specified therein and herein for a “LenderBank”, or the “Administrative Agent”, as the case may be, and may exercise the same rights and powers as though it were not performing the duties specified herein; and the terms “LendersBanks,” “Required Lenders,” “holders of Notes,” or any similar terms shall, unless the context clearly otherwise indicates, include the Person serving as Pledgee in its individual capacity. The Person serving as Pledgee and its affiliates may accept deposits from, lend money to, and generally engage in any kind of banking, investment banking, trust or other business with, any Pledgor or any Affiliate or Subsidiary of ANNEX G any Pledgor as if it were not performing the duties specified herein or in the other Loan Credit Documents, and may accept fees and other consideration from the Pledgors for services in connection with the Credit AgreementBank Facility Agreements, the other Loan Credit Documents and otherwise without having to account for the same to the Secured Creditors.

Appears in 2 contracts

Samples: Pledge and Security Agreement (LaSalle Hotel Properties), Pledge and Security Agreement (LaSalle Hotel Properties)

The Pledgee in its Individual Capacity. With respect to its obligations as a lender under the Credit Agreement and any other Loan Credit Documents to which the Pledgee is a party, and to act as agent under one or more of such Loan Credit Documents, the Person serving as Pledgee shall have the rights and powers specified therein and herein for a “Lender”"Bank", or the “Administrative an "Agent", as the case may be, and may exercise the same rights and powers as though it were not performing the duties specified herein; and the terms “Lenders"Banks,” “" "Required LendersBanks,” “" "holders of Notes," or any similar terms shall, unless the context clearly otherwise indicates, include the Person serving as Pledgee in its individual capacity. The Person serving as Pledgee and its affiliates may accept deposits from, lend money to, and generally engage in any kind of banking, investment banking, trust or other business with, with any Pledgor or any Affiliate or Subsidiary of ANNEX G any Pledgor as if it were not performing the duties specified herein or in the other Loan Credit Documents, and may accept fees and other consideration from the Pledgors for services in connection with the Credit Agreement, the other Loan Credit Documents and otherwise without having to account for the same to the Secured Creditors.

Appears in 1 contract

Samples: Subsidiaries Pledge Agreement (Menasco Aerosystems Inc)

The Pledgee in its Individual Capacity. With respect to its obligations as a lender under the Credit Agreement and any other Loan Credit Documents to which the Pledgee is a party, and to act as agent under one or more of such Loan Credit Documents, the Person serving as Pledgee shall have the rights and powers specified therein and herein for a "Lender", or the “Administrative an "Agent", as the case may be, and may exercise the same rights and powers as though it were not performing the duties specified herein; and the terms "Lenders,” “" "Required Lenders,” “" "holders of Notes," or any similar terms shall, unless the context clearly otherwise indicates, include the Person serving as Pledgee in its individual capacity. The Person serving as Pledgee and its affiliates may accept deposits from, lend money to, and generally engage in any kind of banking, investment banking, trust or other business with, with any Pledgor or any Affiliate or Subsidiary of ANNEX G any Pledgor as if it were not performing the duties specified herein or in the other Loan Credit Documents, and may accept fees and other consideration from the Pledgors for services in connection with the Credit Agreement, the other Loan Credit Documents and otherwise without having to account for the same to the Secured Creditors.

Appears in 1 contract

Samples: Pledge and Security Agreement (Starwood Hotel & Resorts Worldwide Inc)

The Pledgee in its Individual Capacity. With respect to its -------------------------------------- obligations as a lender under the Credit Agreement and any other Loan Credit Documents to which the Pledgee is a party, and to act as agent under one or more of such Loan Credit Documents, the Person serving as Pledgee shall have the rights and powers specified therein and herein for a “Lender”"Bank", or the "Administrative Agent", as the case may be, and may exercise the same rights and powers as though it were not performing the duties specified herein; and the terms “Lenders"Banks,” “" "Required LendersBanks,” “" "holders of Notes," or any similar terms shall, unless the context clearly otherwise indicates, include the Person serving as Pledgee in its individual capacity. The Person serving as Pledgee and its affiliates may accept deposits from, lend money to, and generally engage in any kind of banking, investment banking, trust or other business with, with any Pledgor or any Affiliate or Subsidiary of ANNEX G any Pledgor as if it were not performing the duties specified herein or in the other Loan Credit Documents, and may accept fees and other consideration from the Pledgors for services in connection with the Credit Agreement, the other Loan Credit Documents and otherwise without having to account for the same to the Secured Creditors.

Appears in 1 contract

Samples: Pledge and Security Agreement (Host Marriott L P)

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The Pledgee in its Individual Capacity. With respect to its obligations as a lender under the Credit Agreement and any other Loan Documents to which the Pledgee is a party, and to act as agent under one or more of such Loan Documents, the Person serving as Pledgee shall have the rights and powers specified therein and herein for a "Lender", or the "Administrative Agent", as the case may be, and may exercise the same rights and powers as though it were not performing the duties specified herein; and the terms “Lenders,” “"Banks" "Required Lenders,” “" "holders of Notes," or any similar terms shall, unless the context clearly otherwise indicates, include the Person serving as Pledgee in its individual capacity. The Person serving as Pledgee and its affiliates may accept deposits from, lend money to, and generally engage in any kind of banking, investment banking, trust or other business with, with any Pledgor or any Affiliate or Subsidiary of ANNEX G any Pledgor as if it were not performing the duties specified herein or in the other Loan Documents, and may accept fees and other consideration from the Pledgors for services in connection with the Credit Agreement, the other Loan Documents and otherwise without having to account for the same to the Secured Creditors.

Appears in 1 contract

Samples: Pledge Agreement (Foster Wheeler Corp)

The Pledgee in its Individual Capacity. With respect to its obligations as a lender under the Credit Agreement and any other Loan Credit Documents to which the Pledgee is a party, and to act as agent under one or more of such Loan Credit Documents, the Person serving as Pledgee shall have the rights and powers specified therein and herein for a "Lender", or the "Administrative Agent", as the case may be, and may exercise the same rights and powers as though it were not performing the duties specified herein; and the terms "Lenders,” “" "Required Lenders,” “" "holders of Notes," or any similar terms shall, unless the context clearly otherwise indicates, include the Person serving as Pledgee in its individual capacity. The Person serving as Pledgee and its affiliates may accept deposits from, lend money to, and generally engage in any kind of banking, investment banking, trust or other business with, with any Pledgor or any Affiliate or Subsidiary of ANNEX G any Pledgor as if it were not performing the duties specified herein or in the other Loan Credit Documents, and may accept fees and other consideration from the Pledgors for services in connection with the Credit Agreement, the other Loan Credit Documents and otherwise without having to account for the same to the Secured Creditors.

Appears in 1 contract

Samples: Pledge and Security Agreement (Host Marriott L P)

The Pledgee in its Individual Capacity. With respect to its obligations as a lender under the Credit Agreement and any other Loan Credit Documents to which the Pledgee is a party, and to act as agent under one or more of such Loan Credit Documents, the Person serving as Pledgee shall have the rights and powers specified therein and herein for a “Lender”"Bank", or the “Administrative an "Agent", as the case may be, and may exercise the same rights and powers as though it were not performing the duties specified herein; and the terms “Lenders"Banks,” “" "Required LendersBanks,” “" "holders of Notes," or any similar terms shall, unless the context clearly otherwise indicates, include the Person serving as Pledgee in its individual capacity. The Person serving as Pledgee and its affiliates may accept deposits from, lend money to, and generally engage in any kind of banking, investment banking, trust or other business with, any with the Pledgor or any Affiliate or Subsidiary of ANNEX G any the Pledgor as if it were not performing the duties specified herein or in the other Loan Credit Documents, and may accept fees and other consideration from the Pledgors Pledgor for services in connection with the Credit Agreement, the other Loan Credit Documents and otherwise without having to account for the same to the Secured Creditors.

Appears in 1 contract

Samples: Company Pledge Agreement (Menasco Aerosystems Inc)

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