Common use of Rights as a Bank Clause in Contracts

Rights as a Bank. With respect to its Commitment and the Loans made by it, JPMorgan (and any successor acting as Administrative Agent) in its capacity as a Bank hereunder shall have the same rights and powers hereunder as any other Bank and may exercise the same as though it were not acting as the Administrative Agent, and the term “Bank” or “Banks” shall, unless the context otherwise indicates, include the Administrative Agent in its individual capacity. JPMorgan (and any successor acting as Administrative Agent) and its affiliates may (without having to account therefor to any Bank) accept deposits from, lend money to, make investments in and generally engage in any kind of banking, trust or other business with the Company (and any of its Subsidiaries or affiliates) as if it were not acting as the Administrative Agent, and JPMorgan (and any other successor acting as Administrative Agent) and its affiliates may accept fees and other consideration from the Company for services in connection with this Agreement or otherwise without having to account for the same to the Banks.

Appears in 5 contracts

Samples: Revolving Credit Agreement (Motorola Solutions, Inc.), Revolving Credit Agreement (Motorola Solutions, Inc.), Revolving Credit Agreement (Motorola Solutions, Inc.)

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Rights as a Bank. With respect to its Commitment and the Loans made by it, JPMorgan (and any successor acting as Administrative Agent) in its capacity as a Bank hereunder shall have the same rights and powers hereunder as any other Bank and may exercise the same as though it were not acting as the Administrative Agent, and the term "Bank" or "Banks" shall, unless the context otherwise indicates, include the Administrative Agent in its individual capacity. JPMorgan (and any successor acting as Administrative Agent) and its affiliates may (without having to account therefor to any Bank) accept deposits from, lend money to, make investments in and generally engage in any kind of banking, trust or other business with the Company Funds (and any of its Subsidiaries or their affiliates) as if it were not acting as the Administrative Agent, and JPMorgan (and any other successor acting as Administrative Agentsuch successor) and its affiliates may accept fees and other consideration from the Company Funds for services in connection with this Agreement or otherwise without having to account for the same to the Banks.

Appears in 2 contracts

Samples: Credit Agreement (American Century California Tax Free & Municipal Funds), Credit Agreement (American Century Target Maturities Trust)

Rights as a Bank. With respect to its Commitment and the Loans ---------------- made by it, JPMorgan Chase (and any successor acting as Administrative Agent) in its capacity as a Bank hereunder shall have the same rights and powers hereunder as any other Bank and may exercise the same as though it were not acting as the Administrative Agent, and the term "Bank" or "Banks" shall, unless the context otherwise indicates, include the Administrative Agent in its individual capacity. JPMorgan Chase (and any successor acting as Administrative Agent) and its affiliates Affiliates may (without having to account therefor to any Bank) accept deposits from, lend money to, make investments in and generally engage in any kind of banking, trust or other business with the Company (and any of its Subsidiaries or affiliatesAffiliates) as if it were not acting as the Administrative Agent, and JPMorgan Chase (and any other successor acting as Administrative Agent) and its affiliates Affiliates may accept fees and other consideration from the Company for services in connection with this Agreement or otherwise without having to account for the same to the Banks.

Appears in 1 contract

Samples: Credit Agreement (Xl Capital LTD)

Rights as a Bank. With respect to its Commitment and the Loans made by it, JPMorgan JPMCB (and any successor acting as Administrative Agent) in its capacity as a Bank hereunder shall have the same rights and powers hereunder as any other Bank and may exercise the same as though it were not acting as the Administrative Agent, and the term “Bank” or “Banks” shall, unless the context otherwise indicates, include the Administrative Agent in its individual capacity. JPMorgan JPMCB (and any successor acting as Administrative Agent) and its affiliates Affiliates may (without having to account therefor to any Bank) accept deposits from, lend money to, make investments in and generally engage in any kind of banking, trust or other business with the Company any Borrower (and any of its Subsidiaries or affiliatesAffiliates) as if it were not acting as the Administrative Agent, and JPMorgan JPMCB (and any other successor acting as Administrative Agentsuch successor) and its affiliates Affiliates may accept fees and other consideration from the Company any Borrower for services in connection with this Agreement or otherwise without having to account for the same to the Banks.

Appears in 1 contract

Samples: Version Credit Agreement (Pitney Bowes Inc /De/)

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Rights as a Bank. With respect to its Commitment and the Loans made by it, JPMorgan JPMCB (and any successor acting as Administrative Agent) in its capacity as a Bank hereunder shall have the same rights and powers hereunder as any other Bank and may exercise the same as though it were not acting as the Administrative Agent, and the term “Bank” or “Banks” shall, unless the context otherwise indicates, include the Administrative Agent in its individual capacity. JPMorgan JPMCB (and any successor acting as Administrative Agent) and its affiliates Affiliates may (without having to account therefor to any Bank) accept deposits from, lend money to, make investments in and generally engage in any kind of banking, trust or other business with the Company Borrower (and any of its Subsidiaries or affiliatesAffiliates) as if it were not acting as the Administrative Agent, and JPMorgan JPMCB (and any other successor acting as Administrative Agentsuch successor) and its affiliates Affiliates may accept fees and other consideration from the Company Borrower for services in connection with this Agreement or otherwise without having to account for the same to the Banks.

Appears in 1 contract

Samples: Version Credit Agreement (Pitney Bowes Inc /De/)

Rights as a Bank. With respect to its Commitment and the Loans made by it, JPMorgan JPMCB (and any successor acting as Administrative Agent) in its capacity as a Bank hereunder shall have the same rights and powers hereunder as any other Bank and may exercise the same as though it were not acting as the Administrative Agent, and the term "Bank" or "Banks" shall, unless the context otherwise indicates, include the Administrative Agent in its individual capacity. JPMorgan JPMCB (and any successor acting as Administrative Agent) and its affiliates Affiliates may (without having to account therefor to any Bank) accept deposits from, lend money to, make investments in and generally engage in any kind of banking, trust or other business with the Company any Borrower (and any of its Subsidiaries or affiliatesAffiliates) as if it were not acting as the Administrative Agent, and JPMorgan JPMCB (and any other successor acting as Administrative Agentsuch successor) and its affiliates Affiliates may accept fees and other consideration from the Company any Borrower for services in connection with this Agreement or otherwise without having to account for the same to the Banks.

Appears in 1 contract

Samples: Credit Agreement (Pitney Bowes Inc /De/)

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