Agent Roles. Each of the parties hereto acknowledges that Paribas, one or more Managing Agents and Committed Investors acts, or may in the future act, (i) as administrator or managing agent for one or more Conduit Investors or their Funding Sources, (ii) as issuing and paying agent for Commercial Paper of one or more Conduit Investors or their Funding Sources, (iii) as a Support Party for one or more Conduit Investors or their Funding Sources and (iv) to provide other services from time to time for some or all of the Conduit Investors. Without limiting the generality of this Section 13.14, each party hereby acknowledges and consents to any and all such soles of Paribas and any Managing Agent and Committed Investor and agrees that in connection with any such role, Paribas or such Managing Agent or Committed Investor may take, or refrain from taking, any action that it, in its discretion, deems appropriate, including in any such role or in any role under this Agreement.
Appears in 4 contracts
Samples: Receivables Purchase Agreement (Colorado Interstate Gas Co), Receivables Purchase Agreement (Anr Pipeline Co), Receivables Purchase Agreement (Southern Natural Gas Co)
