ONE ROLES. Each of the Committed Purchasers acknowledges that Bank One acts, or may in the future act, (i) as Collateral Agent for the Conduits or any Committed Purchaser, (ii) as Managing Agent for Falcon, (iii) as issuing and paying agent for Falcon's Commercial Paper, (iv) to provide credit or liquidity enhancement for the timely payment for Falcon's Commercial Paper and (v) to provide other services from time to time for any Conduit or any Committed Purchaser (collectively, the "BANK ONE ROLES"). Without limiting the generality of this SECTION 13.13(a), each Committed Purchaser hereby acknowledges and consents to any and all Bank One Roles and agrees that in connection with any Bank One Role, Bank One may take, or refrain from taking, any action that it, in its discretion, deems appropriate, including, without limitation, in its role as Collateral Agent and a Managing Agent, and the giving of notice to the Collateral Agent or Managing Agent of a mandatory purchase pursuant to its Liquidity Agreement.
ONE ROLES. Each of the APA Banks acknowledges that Bank One acts, or may in the future act, (i) as administrative agent for Initial Purchaser or any APA Bank, (ii) as issuing and paying agent for the Commercial Paper, (iii) to provide credit or liquidity enhancement for the timely payment for the Commercial Paper and (iv) to provide other services from time to time for Initial Purchaser or any APA Bank (collectively, the "BANK ONE ROLES"). Without limiting the generality of this SECTION 11.21, each APA Bank hereby acknowledges and consents to any and all Bank One Roles and agrees that in connection with any Bank One Role, Bank One may take, or refrain from taking, any action that it, in its discretion, deems appropriate, including, without limitation, in its role as administrative agent for Initial Purchaser, and the giving of notice to the Funding Agent of a mandatory purchase pursuant to SECTION 2.6.
