Collateral Agent Individually. ▇▇▇▇▇▇ Bay PH XVI Ltd. may make loans to and provide credit for the account of and generally engage in any kind of banking, trust, financial advisory, underwriting or other business with the Company and its Subsidiaries and any Affiliate thereof as though ▇▇▇▇▇▇ Bay PH XVI Ltd. were not Collateral Agent hereunder and without notice to or consent of any Buyer. Each of the Buyers and each other Secured Party acknowledges that, pursuant to such activities, ▇▇▇▇▇▇ Bay PH XVI Ltd. and its Affiliates may receive information regarding the Company and its Subsidiaries and Affiliates, and acknowledge that the Collateral Agent shall be under no obligation to provide such information to them.
Appears in 2 contracts
Sources: Secured Convertible Debenture Purchase Agreement (Sequans Communications), Secured Convertible Debenture Purchase Agreement (Sequans Communications)