Common use of and Affiliates Clause in Contracts

and Affiliates. With respect to its Revolver Commitment, Special Purpose Commitment, its Advances, and any Loan Papers, NationsBank, N.A. has the same Rights under this Agreement as any other Lender and may exercise the same as though it were not Administrative Agent. NationsBank, N.A. and its Affiliates may accept deposits from, lend money to, act as trustee under indentures of, and generally engage in any kind of business with, any Obligor, any Affiliate thereof, and any Person who may do business therewith, all as if NationsBank, N.A. were not Administrative Agent and without any duty to account therefor to any Lender.

Appears in 2 contracts

Samples: Credit Agreement (Ixc Communications Inc), Credit Agreement (Ixc Communications Inc)

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and Affiliates. With respect to its Revolver Commitment, Special Purpose Commitmentportion of the Commitments, its Advances, and any Loan Papers, NationsBank, N.A. has the same Rights under this Agreement as any other Lender and may exercise the same as though it were not Administrative Agent. NationsBank, N.A. and its Affiliates may accept deposits from, lend money to, act as trustee under indentures of, and generally engage in any kind of business with, any Obligor, any Affiliate thereof, and any Person who may do business therewith, all as if NationsBank, N.A. were not Administrative Agent and without any duty to account therefor to any Lender.

Appears in 2 contracts

Samples: Credit Agreement (Pinnacle Holdings Inc), Credit Agreement (Pinnacle Holdings Inc)

and Affiliates. With respect to its Revolver Commitment, Special Purpose Available Commitment, its Advances, its Specified Percentage and any Loan Papers, NationsBank, N.A. N. A. has the same Rights under this Agreement as any other Lender and may exercise the same as though it were not Administrative Agent. NationsBank, N.A. N. A. and its Affiliates may accept deposits from, lend money to, act as trustee under indentures of, to and generally engage in any kind of business with, any Obligorof the Borrower, the Parent or the Restricted Subsidiary, any Affiliate thereof, and any Person who may do business therewith, all as if NationsBank, N.A. N. A. were not Administrative Agent and without any duty to account therefor to any Lender.

Appears in 1 contract

Samples: Credit Agreement (World Access Inc /New/)

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and Affiliates. With respect to its Revolver Commitment, Special Purpose Commitment, its Advances, and any Loan Papers, NationsBank, N.A. has the same Rights under this Agreement as any other Lender and may exercise the same as though it were not Administrative Agent. NationsBank, N.A. and its Affiliates may accept deposits from, lend money to, act as trustee under indentures of, and generally engage in any kind of business with, Company or any ObligorSubsidiary of Company, any -60- Affiliate thereof, and any Person who may do business therewith, all as if NationsBank, N.A. were not Administrative Agent and without any duty to account therefor to any Lender.

Appears in 1 contract

Samples: Credit Agreement (Franchise Finance Corp of America)

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