Common use of Administrative Agent and Lenders Clause in Contracts

Administrative Agent and Lenders. Administrative Agent is Administrative Agent for each Lender under the Credit Agreement. All Rights granted to Administrative Agent under or in connection with this Guaranty are for each Lender’s ratable benefit. Administrative Agent may, without the joinder of any Lender, exercise any Rights in Administrative Agent’s or Lenders’ favor under or in connection with this Guaranty. Administrative Agent’s and each Lender’s Rights and obligations vis-a-vis each other may be subject to one or more separate agreements between those parties. However, the Guarantor is not required to inquire about any such agreement nor is it subject to any of its terms unless the Guarantor specifically joins such agreement Therefore, neither Guarantor nor its successors or assigns is entitled to any benefits or provisions of any such separate agreement or is entitled to rely upon or raise as a defense any party’s failure or refusal to comply with the provisions of such agreement.

Appears in 5 contracts

Samples: Credit Agreement (Sunoco Logistics Partners L.P.), Credit Agreement (Sunoco Logistics Partners L.P.), Credit Agreement (Sunoco Logistics Partners L.P.)

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Administrative Agent and Lenders. Administrative Agent is Administrative Agent for each Lender under the Credit Agreement. All Rights granted to Administrative Agent under or in connection with this Guaranty are for each Lender’s 's ratable benefit. Administrative Agent may, without the joinder of any Lender, exercise any Rights in Administrative Agent’s 's or Lenders' favor under or in connection with this Guaranty. Administrative Agent’s 's and each Lender’s 's Rights and obligations vis-a-vis each other may be subject to one or more separate agreements between those parties. However, the no Guarantor is not required to inquire about any such agreement nor or is it subject to any of its terms unless the such Guarantor specifically joins such agreement Therefore, neither Guarantor nor its successors or assigns is entitled to any benefits or provisions of any such separate agreement or is entitled to rely upon or raise as a defense any party’s 's failure or refusal to comply with the provisions of such agreement.

Appears in 3 contracts

Samples: Credit Agreement (Sunoco Logistics Partners Lp), Credit Agreement (Williams Energy Partners L P), Credit Agreement (Sunoco Logistics Partners Lp)

Administrative Agent and Lenders. Administrative Agent is Administrative Agent for each Lender under the Credit Agreement. All Rights granted to Administrative Agent under or in connection with this Guaranty are for each Lender’s 's ratable benefit. Administrative Agent may, without the joinder of any Lender, exercise any Rights in Administrative Agent’s 's or Lenders' favor under or in connection with this Guaranty. Administrative Agent’s 's and each Lender’s 's Rights and obligations vis-a-vis each other may be subject to one or more separate agreements between those parties. However, the Guarantor is not required to inquire about any such agreement nor or is it subject to any terms of its terms it unless the Guarantor specifically joins such agreement agreement. Therefore, neither Guarantor nor its successors or assigns is entitled to any benefits or provisions of any such separate agreement or is entitled to rely upon or raise as a defense any party’s 's failure or refusal to comply with the provisions of such agreement.

Appears in 3 contracts

Samples: NBPLP Credit Agreement (Northern Border Partners Lp), Credit Agreement (Northern Border Partners Lp), Revolving Credit Agreement (Northern Border Partners Lp)

Administrative Agent and Lenders. Administrative Agent is Administrative Agent for each Lender under the Credit Agreement. All Rights granted to Administrative Agent under or in connection with this Guaranty are for each Lender’s ratable benefit. Administrative Agent may, without the joinder of any Lender, exercise any Rights in Administrative Agent’s or Lenders’ favor under or in connection with this Guaranty. Administrative Agent’s and each Lender’s Rights and obligations vis-a-vis each other may be subject to one or more separate agreements between those parties. However, the Guarantor is not required to inquire about any such agreement nor is it subject to any of its terms unless the Guarantor specifically joins such agreement Therefore, neither Guarantor nor its successors or assigns is entitled to any benefits or provisions of any such separate agreement or is entitled to rely upon or raise as a defense any party’s failure or refusal to comply with the provisions of such agreement.. Exhibit E Form of Guaranty

Appears in 2 contracts

Samples: Credit Agreement (Sunoco Logistics Partners L.P.), Credit Agreement (Sunoco Logistics Partners L.P.)

Administrative Agent and Lenders. Administrative Agent is Administrative Agent for each Lender under the Credit Agreement. All Rights granted to Administrative Agent under or in connection with this Guaranty are for each Lender’s 's ratable benefit. Administrative Agent may, without the joinder of any Lender, exercise any Rights in Administrative Agent’s 's or Lenders' favor under or in connection with this Guaranty. Administrative Agent’s 's and each Lender’s 's Rights and obligations vis-a-vis each other may be subject to one or more separate agreements between those parties. However, the [no] Guarantor is not [not] required to inquire about any such agreement nor or is it subject to any of its terms unless the [such] Guarantor specifically joins such agreement Therefore, neither Guarantor nor its successors or assigns is entitled to any benefits or provisions of any such separate agreement or is entitled to rely upon or raise as a defense any party’s 's failure or refusal to comply with the provisions of such agreement.

Appears in 2 contracts

Samples: Credit Agreement (Dobson Communications Corp), Pledge Agreement (Adelphia Communications Corp)

Administrative Agent and Lenders. Administrative Agent is Administrative Agent for each Lender under the Credit Agreement. All Rights granted to Administrative Agent under or in connection with this Guaranty are for each Lender’s 's ratable benefit. Administrative Agent may, without the joinder of any Lender, exercise any Rights in Administrative Agent’s 's or Lenders' favor under or in connection with this Guaranty. Administrative Agent’s 's and each Lender’s 's Rights and obligations vis-a-vis each other may be subject to one or more separate agreements between those parties. However, the Guarantor is not required to inquire about any such agreement nor is it subject to any of its terms unless the Guarantor specifically joins such agreement Therefore, neither Guarantor nor its successors or assigns is entitled to any benefits or provisions of any such separate agreement or is entitled to rely upon or raise as a defense any party’s 's failure or refusal to comply with the provisions of such agreement.

Appears in 2 contracts

Samples: Credit Agreement (Sunoco Logistics Partners Lp), Credit Agreement (Sunoco Logistics Partners Lp)

Administrative Agent and Lenders. Administrative Agent is Administrative Agent for each Lender under the Credit Agreement. All Rights granted to Administrative Agent under or in connection with this Guaranty are for each Lender’s ratable benefit. Administrative Agent may, without the joinder of any Lender, exercise any Rights in Administrative Agent’s or Lenders’ favor under or in connection with this Guaranty. Administrative Agent’s and each Lender’s Rights and obligations vis-a-vis each other may be subject to one or more separate agreements between those parties. However, the Guarantor is not required to inquire about any such agreement nor is it subject to any of its terms unless the Guarantor specifically joins such agreement agreement. Therefore, neither Guarantor nor its successors or assigns is entitled to any benefits or provisions of any such separate agreement or is entitled to rely upon or raise as a defense any party’s failure or refusal to comply with the provisions of such agreement.

Appears in 1 contract

Samples: Credit Agreement (Sunoco Logistics Partners Lp)

Administrative Agent and Lenders. Administrative Agent is Administrative Agent for each Lender under the Credit Agreement. All Rights granted to Administrative Agent under or in connection with this Guaranty are for each Lender’s 's ratable benefit. Administrative Agent may, without the joinder of any Lender, exercise any Rights in Administrative Agent’s 's or Lenders' favor under or in connection with this Guaranty. Administrative Agent’s 's and each Lender’s 's Rights and obligations vis-a-vis each other may be subject to one or more separate agreements between those parties. However, the [no] Guarantor is not [not] required to inquire about any such agreement nor or is it subject to any of its terms unless the [such] Guarantor specifically joins such agreement Thereforeagreement; therefore, neither Guarantor Guarantor[s] nor its [its] [their] respective successors or assigns is entitled to any benefits or provisions of any such separate agreement or is entitled to rely upon or raise as a defense any party’s 's failure or refusal to comply with the provisions of such agreement.

Appears in 1 contract

Samples: Revolving Credit Agreement (Pier 1 Imports Inc/De)

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Administrative Agent and Lenders. Administrative Agent is Administrative Agent for each Lender under the Credit Agreement. All Rights rights granted to Administrative Agent under or in connection with this Guaranty are for each Lender’s ratable benefit. Administrative Agent may, without the joinder of any Lender, exercise any Rights rights in Administrative Agent’s or Lenders’ favor under or in connection with this Guaranty. Administrative Agent’s and each Lender’s Rights rights and obligations vis-a-vis each other may be subject to one or more separate agreements between those parties. However, the Guarantor is not required to inquire about any such agreement nor or is it subject to any of its terms unless the Guarantor specifically joins such agreement agreement. Therefore, neither Guarantor nor its successors or assigns is entitled to any benefits or provisions of any such separate agreement or is entitled to rely upon or raise as a defense any party’s failure or refusal to comply with the provisions of such agreement.

Appears in 1 contract

Samples: Credit Agreement (FMC Technologies Inc)

Administrative Agent and Lenders. Administrative Agent is Administrative Agent for each Lender under the Credit Agreement. All Rights granted to Administrative Agent under or in connection with this Guaranty are for each Lender’s ratable benefit. Administrative Agent may, without the joinder of any Lender, exercise any Rights in Administrative Agent’s or Lenders’ favor under or in connection with this Guaranty. Administrative Agent’s and each Lender’s Rights and obligations vis-a-vis each other may be subject to one or more separate agreements between those parties. However, the no Guarantor is not required to inquire about any such agreement nor or is it subject to any of its terms unless the such Guarantor specifically joins such agreement agreement. Therefore, neither Guarantor nor its successors or assigns is entitled to any benefits or provisions of any such separate agreement or is entitled to rely upon or raise as a defense any party’s failure or refusal to comply with the provisions of such agreement.

Appears in 1 contract

Samples: Credit Agreement (Sunoco Logistics Partners Lp)

Administrative Agent and Lenders. Administrative Agent is Administrative Agent for each Lender under the Credit Agreement. All Rights granted to Administrative Agent under or in connection with this Guaranty are for each Lender’s 's ratable benefit. Administrative Agent may, without the joinder of any Lender, exercise any Rights in Administrative Agent’s 's or Lenders' favor under or in connection with this Guaranty. Administrative Agent’s 's and each Lender’s 's Rights and obligations vis-a-vis each other may be subject to one or more separate agreements between those parties. Exhibit E Page 4 Form of Guaranty However, the no Guarantor is not required to inquire about any such agreement nor or is it subject to any of its terms unless the such Guarantor specifically joins such agreement Therefore, neither Guarantor nor its successors or assigns is entitled to any benefits or provisions of any such separate agreement or is entitled to rely upon or raise as a defense any party’s 's failure or refusal to comply with the provisions of such agreement.

Appears in 1 contract

Samples: Credit Agreement (Williams Energy Partners L P)

Administrative Agent and Lenders. Administrative Agent is Administrative Agent for each Lender under the Credit Agreement. All Rights granted to Administrative Agent under or in connection with this Guaranty are for each Lender’s 's ratable benefit. Administrative Agent may, without the joinder of any Lender, exercise any Rights in Administrative Agent’s 's or Lenders' favor under or in connection with this Guaranty. Administrative Agent’s 's and each Lender’s 's Rights and obligations vis-a-vis each other may be subject to one or more separate agreements between those parties. However, the Guarantor is not required to inquire about any such agreement nor or is it subject to any of its terms unless the Guarantor specifically joins such agreement agreement. Therefore, neither Guarantor nor its successors or assigns is entitled to any benefits or provisions of any such separate agreement or is entitled to rely upon or raise as a defense any party’s 's failure or refusal to comply with the provisions of such agreement.

Appears in 1 contract

Samples: Guaranty Agreement (Adelphia Communications Corp)

Administrative Agent and Lenders. Administrative Agent is Administrative Agent for each Lender and other Agent under the Credit Agreement. All Rights granted to Administrative Agent under or in connection with this Guaranty are for each Lender’s 's and Agent's ratable benefit. Administrative Agent may, without the joinder of any LenderLender or Agent, exercise any Rights in Administrative Agent’s 's, any other Agent's, or Lenders' favor under or in connection with this Guaranty. Administrative Agent’s 's, each other Agent's, and each Lender’s 's Rights and obligations vis-a-vis each other may be subject to one or more separate agreements between those parties. However, the Guarantor is not required to inquire about any such agreement nor or is it subject to any terms of its terms it unless the Guarantor specifically joins such agreement agreement. Therefore, neither Guarantor nor its successors or assigns is entitled to any benefits or provisions of any such separate agreement or is entitled to rely upon or raise as a defense any party’s 's failure or refusal to comply with the provisions of such agreement.

Appears in 1 contract

Samples: Security Agreement (Azz Inc)

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