Common use of Agent as Bank Clause in Contracts

Agent as Bank. In its individual capacity, State Street and any other Bank that serves as a successor Agent hereunder shall have the same obligations and the same rights, powers and privileges in respect of its Commitment and the Loans made by it as it would have were it not also the Agent.

Appears in 26 contracts

Samples: Credit Agreement (Putnam New York Tax Exempt Income Fund), Credit Agreement (ClearBridge Energy MLP Fund Inc.), Credit Agreement (LMP Corporate Loan Fund Inc.)

AutoNDA by SimpleDocs

Agent as Bank. In its individual capacity, State Street and any other Bank that serves as a successor Agent hereunder shall have the same obligations and the same rights, powers and privileges in respect of its Commitment Commitment(s) and the Loans made by it its Loan(s) as it would have were it not also the Agent.

Appears in 1 contract

Samples: Credit Agreement (Neuberger Berman Real Estate Securities Income Fund Inc)

Agent as Bank. In its individual capacity, . State Street and any other Bank that serves as a successor Agent hereunder shall have the same obligations and the same rights, powers and privileges in respect of its Commitment and the Loans made by it as it would have were it not also the Agent.

Appears in 1 contract

Samples: Credit Agreement (Blackrock Floating Rate Income Trust)

AutoNDA by SimpleDocs

Agent as Bank. In its individual capacity, State Street and any other Bank that serves as a successor Agent hereunder shall have the same obligations and the same rights, powers and privileges in respect of its Commitment Revolving Commitment(s) and the Loans made by it its Loan(s)Loans as it would have were it not also the Agent.

Appears in 1 contract

Samples: Credit Agreement (Neuberger Berman Real Estate Securities Income Fund Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.