Common use of Agents as Lenders Clause in Contracts

Agents as Lenders. The party serving as the Administrative ----------------- Agent hereunder shall have the same rights and powers in its capacity as a Lender as any other Lender and may exercise the same as though it were not the Administrative Agent, and such party and its Affiliates may accept deposits from, lend money to and generally engage in any kind of business with the Borrower or any Subsidiary or other Affiliate thereof as if it were not the Administrative Agent hereunder.

Appears in 5 contracts

Samples: Credit Agreement (Us Energy Corp), Credit Agreement (Crested Corp), Credit Agreement (Us Energy Corp)

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Agents as Lenders. The party serving as the Administrative ----------------- Agent hereunder shall have the same rights and powers in its capacity as a Lender as any other Lender and may exercise the same as though it were not the Administrative Agent, and such party and its Affiliates may accept deposits from, lend money to and generally engage in any kind of business with the Borrower or any Subsidiary or other Affiliate thereof as if it were not the Administrative Agent hereunder.

Appears in 3 contracts

Samples: Credit Agreement (Gulfwest Energy Inc), Credit Agreement (Gexa Corp), Credit Agreement (National Coal Corp)

Agents as Lenders. The party serving as the Administrative ----------------- Agent hereunder shall have the same rights and powers in its capacity as a Lender as any other Lender and may exercise the same as though it were not the Administrative Agent, and such party and its Affiliates may accept deposits from, lend money to and generally engage in any kind of business with the Borrower or any Consolidated Subsidiary or other Affiliate thereof as if it were not the Administrative Agent hereunder.

Appears in 3 contracts

Samples: Credit Agreement (Petro Resources Corp), Credit Agreement (Dune Energy Inc), Credit Agreement (Dune Energy Inc)

Agents as Lenders. The party serving as the Administrative ----------------- Agent hereunder shall have the same rights and powers in its capacity as a Lender as any other Lender and may exercise the same as though it were not the Administrative Agent, and such party and its Affiliates may accept deposits from, lend money to and generally engage in any kind of business with the Borrower or any Subsidiary or other Affiliate thereof as if it were not the Administrative Agent hereunder.

Appears in 2 contracts

Samples: Credit Agreement (Hydrocarb Energy Corp), Credit Agreement (Hydrocarb Energy Corp)

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Agents as Lenders. The party serving as the Administrative ----------------- Agent hereunder shall have the same rights and powers in its capacity as a Lender as any other Lender and may exercise the same as though it were not the Administrative Agent, and such party and its Affiliates may accept deposits from, lend money to and generally engage in any kind of business with the Borrower or any Subsidiary Affiliate or other Affiliate thereof as if it were not the Administrative Agent hereunder.

Appears in 1 contract

Samples: Credit Agreement (CrossPoint Energy CO)

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