Common use of Agent as Lender Clause in Contracts

Agent as Lender. With respect to those portions of the Credit Facility made available by it, the Agent shall have the same rights and powers under the Loan Documents as any other Lender and may exercise the same as though it were not the Agent. The Agent and its Affiliates may accept deposits from, lend money to and generally engage in any kind of business with the Borrower and its Affiliates and Persons doing business with the Borrower and/or any of its Affiliates as if it were not the Agent and without any obligation to account to the Lenders therefor.

Appears in 4 contracts

Sources: Fourth Amending Agreement (Fortis Inc.), Second Amending Agreement (Fortis Inc.), Credit Agreement (Fortis Inc.)

Agent as Lender. With respect to those portions of the Credit Facility Facilities made available by it, the Agent shall have the same rights and powers under the Loan Documents hereunder as any other Lender and may exercise the same as though it were not the Agent. The Agent and its Affiliates affiliates may accept deposits from, lend money to and generally engage in any kind of business with the Borrower Borrowers and its Affiliates their affiliates and Persons persons doing business with the Borrower Borrowers and/or any of its Affiliates their affiliates as if it were not the Agent and without any obligation to account to the Lenders therefor.

Appears in 4 contracts

Sources: Credit Agreement (Vitran Corp Inc), Credit Agreement (Vitran Corp Inc), Credit Agreement (Vitran Corp Inc)

Agent as Lender. With respect to those portions that portion of the Term Loan and the Revolving Credit Facility made available by it, the Agent shall have the same rights and powers under the Loan Documents hereunder as any other Lender and may exercise the same as though it were not the Agent, and the term "Lender" or "Lenders" shall include the Agent in its capacity as a Lender. The Agent and its Affiliates affiliates may accept deposits from, lend money to and generally engage in any kind of business with with, the Borrower and its Affiliates and Persons doing business with the Borrower and/or any of its Affiliates Security Parties as if it were not the Agent and without any obligation to account to the Lenders thereforAgent.

Appears in 4 contracts

Sources: Term Loan and Revolving Credit Facility Agreement (Marine Transport Corp), Term Loan and Revolving Credit Facility Agreement (Marine Transport Corp), Term Loan and Revolving Credit Facility Agreement (Marine Transport Corp)

Agent as Lender. With respect to those portions of the Credit Facility made available by it, the Agent shall have the same rights and powers under the Loan Documents hereunder as any other Lender and may exercise the same as though it were not the Agent. The Agent and its Affiliates affiliates may accept deposits from, lend money to and generally engage in any kind of business with the Borrower and its Affiliates affiliates and Persons persons doing business with the Borrower and/or any of its Affiliates affiliates as if it were not the Agent and without any obligation to account to the Lenders therefor.

Appears in 2 contracts

Sources: Term Credit Agreement (Potash Corporation of Saskatchewan Inc), Term Credit Agreement (Potash Corp of Saskatchewan Inc)

Agent as Lender. With respect to those portions of the Credit Facility made available by itit as a Lender, the Agent shall have the same rights and powers under the Loan Facility Documents as any other Lender and may exercise the same as though it were not the Agent. The Agent and its Affiliates may accept deposits from, lend money to and generally engage in any kind of business with the Borrower each Credit Party and its Affiliates and Persons doing business with the Borrower such Credit Party and/or any of its Affiliates as if it were not the Agent and without any obligation to account to the Lenders therefor.

Appears in 2 contracts

Sources: Second Lien Credit Agreement (Platinum Group Metals LTD), Second Lien Credit Agreement (Platinum Group Metals LTD)

Agent as Lender. With respect to those portions that portion of the Credit Facility made available by it, the Agent shall have the same rights and powers under the Loan Documents hereunder as any other Lender and may exercise the same as though it were not the Agent, and the term "Lender" or "Lenders" shall include the Agent in its capacity as a Lender. The Agent and its Affiliates affiliates may accept deposits from, lend money to and generally engage in any kind of business with with, the Borrower and its Affiliates and Persons doing business with the Borrower and/or any of its Affiliates as if it were not the Agent and without any obligation to account to the Lenders thereforAgent.

Appears in 2 contracts

Sources: Revolving Credit Facility Agreement (Seacor Smit Inc), Revolving Credit Facility Agreement (Seacor Smit Inc)

Agent as Lender. With respect to those portions of the Credit Facility Facilities made available by it, the Agent shall have the same rights and powers under the Loan Credit Documents as any other Lender and may exercise the same as though it were not the Agent. The Agent and its Affiliates may accept deposits from, lend money to and generally engage in any kind of business with the Borrower and its Affiliates and Persons doing business with the Borrower and/or and any of its Affiliates as if it were not the Agent and without any obligation to account to the Lenders therefortherefor and the Agent may exercise its rights and powers with respect thereto as though it were not the Agent.

Appears in 1 contract

Sources: Credit Agreement (Aas Capital Corp)

Agent as Lender. With respect to those portions of the Credit Facility made available by itit as a Lender, the Agent shall have the same rights and powers under the Loan Credit Documents as any other Lender and may exercise the same as though it were not the Agent. The Agent and its Affiliates may accept deposits from, lend money to and generally engage in any kind of business with the Borrower each Obligor and its Affiliates and Persons doing business with the Borrower such Obligor and/or any of its Affiliates as if it were not the Agent and without any obligation to account to the Lenders therefor.

Appears in 1 contract

Sources: Credit Agreement (Lake Shore Gold Corp)

Agent as Lender. With respect to those portions that portion of the Credit Facility made available by it, the Agent shall have the same rights and powers under the Loan Documents hereunder as any other Lender Lenders and may exercise the same as though it were not the Agent, and the term "Lender" or "Lenders" shall include the Agent in its capacity as a Lender. The Agent and its Affiliates affiliates may accept deposits from, lend money to and generally engage in any kind of business with with, the Borrower Borrowers and its Affiliates and Persons doing business with the Borrower and/or any of its Affiliates Guarantor as if it were not the Agent and without any obligation to account to the Lenders thereforAgent.

Appears in 1 contract

Sources: Credit Facility Agreement (Reading & Bates Corp)

Agent as Lender. With respect to those portions of the Credit Facility made available by it, the Agent shall have the same rights and powers under the Loan Credit Documents as any other Lender and may exercise the same as though it were not the Agent. The Agent and its Affiliates affiliates may accept deposits from, lend money to, act as agent for any Persons lending money to and generally engage in any kind of business with the any Borrower and its Affiliates affiliates and Persons doing business with the any Borrower and/or and any of its Affiliates affiliates as if it were not the Agent Agent, and without any obligation to account to the Lenders therefortherefor and the Agent may exercise its rights and powers with respect thereto as though it were not the Agent.

Appears in 1 contract

Sources: Revolving Credit Agreement (Ipsco Inc)