Common use of Bank Products Clause in Contracts

Bank Products. Any Borrower Party may request and any Lender may, in its sole and absolute discretion, arrange for such Borrower Party to obtain from such Lender or any Affiliate of such Lender, Bank Products although no Borrower Party is required to do so. If any Bank Products are provided by an Affiliate of any Lender, the Borrower Parties agree to indemnify and hold the Lender Group, or any of them, harmless from any and all costs and obligations now or hereafter incurred by the Lender Group, or any of them, which arise from any indemnity given by such Lender to any of its Affiliates, as applicable, related to such Bank Products; provided, however, nothing contained herein is intended to limit the Borrower Parties’ rights, with respect to such Lender or any of its Affiliates, as applicable, if any, which arise as a result of the execution of documents by and between the Borrower Parties and such Person which relate to any Bank Products. The agreement contained in this Section shall survive termination of this Agreement. The Borrower Parties acknowledge and agree that the obtaining of Bank Products from any Lender or its Affiliates (a) is in the sole and absolute discretion of such Lender or such Affiliates, and (b) is subject to all rules and regulations of such Lender or such Affiliates.

Appears in 8 contracts

Samples: Credit Agreement (Chicos Fas Inc), Credit Agreement (Chicos Fas Inc), Credit Agreement (Chicos Fas Inc)

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Bank Products. Any Borrower Party may request and any each Lender may, in its sole and absolute discretion, arrange for such Borrower Party to obtain from such Lender or any Affiliate of such Lender, Bank Products although no Borrower Party is required to do so. If any Bank Products are provided by an Affiliate of any a Lender, the Borrower Parties agree to indemnify and hold the Lender Group, or any of them, harmless from any and all costs and obligations now or hereafter incurred by the Lender Group, or any of them, which arise from any indemnity given by such Lender to any of its Affiliates, as applicable, related to such Bank Products; provided, however, nothing contained herein is intended to limit the Borrower Parties’ rights, with respect to such Lender or any of its Affiliates, as applicable, if any, which arise as a result of the execution of documents by and between the Borrower Parties and such Person which relate to any Bank Products. The agreement contained in this Section shall survive termination of this Agreement. The Borrower Parties acknowledge and agree that the obtaining of Bank Products from any a Lender or its Affiliates (a) is in the sole and absolute discretion of such Lender or such Affiliates, and (b) is subject to all rules and regulations of such Lender or such Affiliates.

Appears in 7 contracts

Samples: Credit Agreement (Oxford Industries Inc), Credit Agreement (Oxford Industries Inc), Credit Agreement (Oxford Industries Inc)

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Bank Products. Any Borrower Credit Party may request and any Lender or Agent may, in its sole and absolute discretion, arrange for such Borrower Credit Party to obtain from such Lender or any Affiliate of such LenderLender or Agent, as applicable, Bank Products although no Borrower Credit Party is required to do so. If any Bank Products are provided by an Affiliate of any LenderLender or Agent, the Borrower Credit Parties agree to indemnify and hold the Lender GroupLenders, or any of them, harmless from any and all costs and obligations now or hereafter incurred by the Lender GroupLenders, or any of them, which arise from any indemnity given by such Lender or Agent to any of its their respective Affiliates, as applicable, related to such Bank Products; provided, however, nothing contained herein is intended to limit the Borrower Credit Parties’ rights, with respect to such Lender or Agent or any of its their respective Affiliates, as applicable, if any, which arise as a result of the execution of documents by and between the Borrower Credit Parties and such Person which relate to any Bank Products. The agreement contained in this Section 2.17 shall survive termination of this Agreement. The Borrower Credit Parties acknowledge and agree that the obtaining of Bank Products from any Lender or its Agent or their respective Affiliates (a) is in the sole and absolute discretion of such Lender or such Agent or their respective Affiliates, and (b) is subject to all rules and regulations of such Lender or such Agent or their respective Affiliates.

Appears in 2 contracts

Samples: Revolving Loan Credit Agreement (Visteon Corp), Revolving Loan Credit Agreement (Visteon Corp)

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