Common use of Administrative Agent in Individual Capacity Clause in Contracts

Administrative Agent in Individual Capacity. JPMorgan Chase and its Affiliates may make loans to, issue letters of credit for the account of, accept deposits from, acquire equity interests in and generally engage in any kind of banking, trust, financial advisory, underwriting or other business with the Company and its Subsidiaries and Affiliates as though JPMorgan Chase were not the Administrative Agent hereunder and without notice to or consent of the Banks. The Banks acknowledge that, pursuant to such activities, JPMorgan Chase or its Affiliates may receive information regarding the Company or its Affiliates (including information that may be subject to confidentiality obligations in favor of the Company or such Affiliates) and acknowledge that the Administrative Agent shall be under no obligation to provide such information to them. With respect to its Loans, JPMorgan Chase shall have the same rights and powers under this Agreement as any other Bank and may exercise the same as though it were not the Administrative Agent, and the terms “Bank” and “Banks” shall include JPMorgan Chase in its individual capacity.

Appears in 6 contracts

Samples: Credit Agreement (General Mills Inc), Credit Agreement (General Mills Inc), Year Credit Agreement (General Mills Inc)

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Administrative Agent in Individual Capacity. JPMorgan Chase and its Affiliates may make loans to, issue letters of credit for the account of, accept deposits from, acquire equity interests in and generally engage in any kind of banking, trust, financial advisory, underwriting or other business with the Company and its Subsidiaries and Affiliates as though JPMorgan Chase were not the Administrative Agent hereunder Agent, an Issuing Lender and a Swing Line Lender hereunder, and without notice to or consent of the BanksLenders. The Banks Lenders acknowledge that, pursuant to such activities, JPMorgan Chase or its Affiliates may receive information regarding the Company or its Affiliates Subsidiaries (including information that may be subject to confidentiality obligations in favor of the Company or such AffiliatesSubsidiary) and acknowledge that the Administrative Agent shall not be under no any obligation to provide such information to them. With respect to its Loans, JPMorgan Chase and its Affiliates shall have the same rights and powers under this Agreement as any other Bank Lender and may exercise the same such rights and powers as though it were not the Administrative Agent, and the terms “Bank” and “Banks” shall include JPMorgan Chase in its individual capacityan Issuing Lender or a Swing Line Lender.

Appears in 4 contracts

Samples: Credit Agreement (Regal Beloit Corp), Credit Agreement (Regal Beloit Corp), Credit Agreement (Regal Beloit Corp)

Administrative Agent in Individual Capacity. JPMorgan Chase and its Affiliates may make loans to, issue letters of credit for the account of, accept deposits from, acquire equity interests in and generally engage in any kind of banking, trust, financial advisory, underwriting or other business with the Company and its Subsidiaries and Affiliates as though JPMorgan Chase were not the Administrative Agent hereunder and without notice to or consent of the Banks. The Banks acknowledge that, pursuant to such activities, JPMorgan Chase or its Affiliates may receive information regarding the Company or its Affiliates (including information that may be subject to confidentiality obligations in favor of the Company or such Affiliates) and acknowledge that the Administrative Agent shall be under no obligation to provide such information to them. With respect to its Loans, JPMorgan Chase shall have the same rights and powers under this Agreement as any other Bank and may exercise the same as though it were not the Administrative Agent, and the terms “Bank” and “Banks” shall Banks”shall include JPMorgan Chase in its individual capacity.

Appears in 1 contract

Samples: Day Credit Agreement (General Mills Inc)

Administrative Agent in Individual Capacity. JPMorgan Chase JPMCB and its Affiliates may make loans to, issue letters of credit for the account of, accept deposits from, acquire equity interests in and generally engage in any kind of banking, trust, financial advisory, underwriting or other business with the Company and its Subsidiaries and Affiliates as though JPMorgan Chase JPMCB were not the Administrative Agent or an Issuing Lender hereunder and without notice to or consent of the BanksLenders. The Banks Lenders acknowledge that, pursuant to such activities, JPMorgan Chase JPMCB or its Affiliates may receive information regarding the Company or its Affiliates (including information that may be subject to confidentiality obligations in favor of the Company or such AffiliatesSubsidiary) and acknowledge that the Administrative Agent shall be under no obligation to provide such information to them. With respect to its their Loans, JPMorgan Chase JPMCB and its Affiliates shall have the same rights and powers under this Agreement as any other Bank Lender and may exercise the same as though it JPMCB were not the Administrative AgentAgent and an Issuing Lender, and the terms “Bank” "Lender" and “Banks” shall "Lenders" include JPMorgan Chase JPMCB and its Affiliates, to the extent applicable, in its their individual capacitycapacities.

Appears in 1 contract

Samples: Assignment Agreement (Nu Skin Enterprises Inc)

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Administrative Agent in Individual Capacity. JPMorgan Chase JPMCB and its Affiliates may make loans to, issue letters of credit for the account of, accept deposits from, acquire equity interests in and generally engage in any kind of banking, trust, financial advisory, underwriting or other business with any Borrower and any of the Company and its Company’s Subsidiaries and Affiliates as though JPMorgan Chase JPMCB were not the Administrative Agent Agent, an Issuing Lender or the Swing Line Lender hereunder and without notice to or consent of the BanksLenders. The Banks Lenders acknowledge that, pursuant to such activities, JPMorgan Chase JPMCB or its Affiliates may receive information regarding the Company Borrowers or its any of the Company’s Affiliates (including information that may be subject to confidentiality obligations in favor of the Company Borrowers or such AffiliatesAffiliate) and acknowledge that the Administrative Agent shall be under no obligation to provide such information to them. With respect to its Loans, JPMorgan Chase JPMCB shall have the same rights and powers under this Agreement as any other Bank Lender and may exercise the same such rights and powers as though it were not the Administrative Agent, and the terms “BankLender” and “BanksLendersshall include JPMorgan Chase JPMCB in its individual capacity.

Appears in 1 contract

Samples: Multicurrency Credit Agreement (Briggs & Stratton Corp)

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