Common use of Loans by Agent Clause in Contracts

Loans by Agent. Agent shall have the same rights and powers with respect to the credit extended by it and the Notes held by it as any Bank and may exercise the same as if it were not Agent, and the term "Bank" and, when appropriate, "holder" shall include Agent in its individual capacity.

Appears in 5 contracts

Samples: Credit Agreement (Credit Acceptance Corporation), Credit Agreement (Credit Acceptance Corporation), Credit Agreement (Credit Acceptance Corporation)

AutoNDA by SimpleDocs

Loans by Agent. Agent shall have the same rights rights, powers and powers responsibilities with respect to (x) the credit extended Credit Extensions made by it or any of its Affiliates, and (y) the Notes held by it or any of its Affiliates as any Bank other Lender and may exercise the same as if it were not Agent. Agent and each of its Affiliates may accept deposits from, lend money to, and generally engage in any kind of business with the term "Bank" and, when appropriate, "holder" shall include Borrowerany Obligor or any Subsidiary or Affiliate of the Borrower or Obligorthereof as if Agent in its individual capacitywere not Agent hereunder.

Appears in 3 contracts

Samples: Credit Agreement, Credit Agreement (Parametric Sound Corp), Credit Agreement (Parametric Sound Corp)

Loans by Agent. Agent shall have the same rights and powers with respect to (x) the credit extended Loans made by it or any of its Affiliates, and (y) the Notes held by it or any of its Affiliates as any Bank other Lender and may exercise the same as if it were not Agent. Agent and each of its Affiliates may accept deposits from, lend money to, and generally engage in any kind of business with the term "Bank" and, when appropriate, "holder" shall include Borrower or any Subsidiary or Affiliate of the Borrower as if Agent in its individual capacitywere not Agent hereunder.

Appears in 2 contracts

Samples: Credit Agreement (Resource America Inc), Credit Agreement (LEAF Equipment Leasing Income Fund III, L.P.)

Loans by Agent. Agent shall have the same rights and powers with respect to the credit extended by it and the Notes held by it as any Bank Lender and may exercise the same as if it were not Agentan agent hereunder, and the term "Bank" “Lender” and, when appropriate, "holder" shall include Agent in its individual capacity.

Appears in 2 contracts

Samples: Credit Agreement (Vishay Intertechnology Inc), Credit Agreement (Vishay Intertechnology Inc)

Loans by Agent. The Agent shall have the same rights and powers with respect to the credit extended Loans made by it and the Notes held by it or any of its Affiliates as any Bank other Lender and may exercise the same as if it were not the Agent. The Agent and its Affiliates may accept deposits from, lend money to, and generally engage in any kind of business with the term "Bank" and, when appropriate, "holder" shall include Borrowers or any Subsidiary or Affiliate thereof as if BankAmerica was not the Agent in its individual capacityhereunder.

Appears in 1 contract

Samples: Credit Agreement (Bergen Brunswig Corp)

Loans by Agent. Agent shall have the same rights rights, powers and powers responsibilities with respect to (x) the credit extended Credit Extensions made by it or any of its Affiliates, and (y) the Notes held by it or any of its Affiliates as any Bank other Lender and may exercise the same as if it were not Agent. Agent and each of its Affiliates may accept deposits from, lend money to, and generally engage in any kind of business with the term "Bank" and, when appropriate, "holder" shall include Borrower or any Subsidiary or Affiliate of the Borrower or Obligor as if Agent in its individual capacitywere not Agent hereunder.

Appears in 1 contract

Samples: Credit Agreement (Parametric Sound Corp)

AutoNDA by SimpleDocs

Loans by Agent. The Agent shall have the same rights and powers with respect to the credit extended by it and the Notes held by it as any Bank Lender and may exercise the same as if it were not Agentan agent hereunder, and the term "BankLender" and, when appropriate, "holder" shall include the Agent in its individual capacity.

Appears in 1 contract

Samples: Credit Agreement (Vishay Intertechnology Inc)

Loans by Agent. Agent shall have the same rights and powers with respect to the credit extended by it and the Purchase Money Notes held by it as any Bank and may exercise the same as if it were not Agent, and the term "Bank" and, when appropriate, "holder" shall include Agent in its individual capacity.

Appears in 1 contract

Samples: Purchase Money Loan Agreement (Walbro Corp)

Loans by Agent. Agent shall have the same rights and powers with respect to (x) the credit extended Loans made by it or any of its Affiliates, and (y) the Notes held by it or any of its Affiliates as any Bank other Lender and may exercise the same as if it were not Agent. Agent and each of its Affiliates may accept deposits from, lend money to, and the term "Bank" and, when appropriate, "holder" shall include generally engage in any kind of business with any Borrower or any Subsidiary or Affiliate of any Borrower or Obligor as if Agent in its individual capacitywere not Agent hereunder.

Appears in 1 contract

Samples: Credit Agreement (Resource America Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.