Common use of Agent May Act Clause in Contracts

Agent May Act. Each Agent may make loans to, accept deposits from and generally engage in any kind of business with MBIA, all as though it were not an Agent hereunder. The terms “Banks” and “Majority Banks” and any similar terms shall include each Agent in its individual corporate capacity as a Bank or one of the Majority Banks.

Agent May Act. Each Agent may make loans to, accept deposits from and generally engage in any kind of business with MBIA, all as though it were not an Agent hereunder. The terms “"Banks” " and “"Majority Banks” " and any similar terms shall include each Agent in its individual corporate capacity as a Bank or one of the Majority Banks.

Agent May Act. Each Agent may make loans to, ----------- ------------- accept deposits from and generally engage in any kind of business with MBIA, all as though it were not an Agent hereunder. The terms “"Banks” " and “"Majority Banks” " and any similar terms shall include each Agent in its individual corporate capacity as a Bank or one of the Majority Banks.