Common use of U.S. Bank and Affiliates Clause in Contracts

U.S. Bank and Affiliates. With respect to its Commitments and the Loans made by it, U.S. Bank shall have the same rights and powers under the Loan Documents as any other Bank and may exercise the same as though it were not the Agent consistent with the terms thereof, and U.S. Bank and its Affiliates may accept deposits from, lend money to and generally engage in any kind of business with the Borrower as if it were not the Agent.

Appears in 3 contracts

Samples: Credit Agreement (Marten Transport LTD), Credit Agreement (Marten Transport LTD), Credit Agreement (Pilgrim Capital Corp)

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U.S. Bank and Affiliates. With respect to its Commitments Commitment and the Loans made by it, U.S. Bank shall have the same rights and powers under the Loan Documents as any other Bank and may exercise the same as though it were not the Agent consistent with the terms thereof, and U.S. Bank and its Affiliates affiliates may accept deposits from, lend money to to, issue Documentary Letters of Credit for the account of and generally engage in any kind of business with the Borrower Company as if it were not the Agent.

Appears in 3 contracts

Samples: Credit Agreement (Best Buy Co Inc), Credit Agreement (Best Buy Co Inc), Credit Agreement (Best Buy Co Inc)

U.S. Bank and Affiliates. With respect to its Commitments Commitment and the Loans made by it, U.S. Bank shall have the same rights and powers under the Loan Documents as any other Bank and may exercise the same as though it were not the Agent consistent with the terms thereof, and U.S. Bank and its Affiliates may accept deposits from, lend money to and generally engage in any kind of business with the Borrower as if it were not the Agent.

Appears in 3 contracts

Samples: Employment Agreement (Damark International Inc), Credit Agreement (Patterson Dental Co), Credit Agreement (Pilgrim America Capital Corp)

U.S. Bank and Affiliates. With respect to its Commitments Revolving Commitment and the Loans Revolving Loan made by it, U.S. Bank shall have the same rights and powers under the Loan Documents as any other Bank and may exercise the same as though it were not the Agent consistent with the terms thereof, and U.S. Bank and its Affiliates may accept deposits from, lend money to and generally engage in any kind of business with the Borrower as if it were not the Agent.

Appears in 2 contracts

Samples: Credit Agreement (Graco Inc), Credit Agreement (Marten Transport LTD)

U.S. Bank and Affiliates. With respect to its Commitments Revolving Commitment and the Loans made by it, U.S. Bank shall have the same rights and powers under the Loan Documents as any other Bank and may exercise the same as though it were not the Agent consistent with the terms thereof, and U.S. Bank and its Affiliates may accept deposits from, lend money to and generally engage in any kind of business with the Borrower as if it were not the Agent.

Appears in 2 contracts

Samples: Credit Agreement (Norstan Inc), Credit Agreement (Norstan Inc)

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U.S. Bank and Affiliates. With respect to its Commitments Commitment and the Loans made by it, U.S. Bank shall have the same rights and powers under the Loan Documents as any other Bank Lender and may exercise the same as though it were not the Agent consistent with the terms thereof, and U.S. Bank and its Affiliates affiliates may accept deposits from, lend money to to, issue letters of credit for the account of and generally engage in any kind of business with the Borrower Company as if it were not the Agent.

Appears in 1 contract

Samples: 5 Year Revolving Credit Agreement (Best Buy Co Inc)

U.S. Bank and Affiliates. With respect to its ------------------------ Commitments and the Loans made by it, U.S. Bank shall have the same rights and powers under the Loan Documents as any other Bank and may exercise the same as though it were not the Agent consistent with the terms thereof, and U.S. Bank and its Affiliates may accept deposits from, lend money to and generally engage in any kind of business with the Borrower Borrowers, Holdings and the Subsidiaries of either as if it were not the Agent.

Appears in 1 contract

Samples: Credit Agreement (Omega Cabinets LTD)

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