Common use of Rights as Lender Clause in Contracts

Rights as Lender. Administrative Agent, in its capacity as a Lender, has the same Rights under the Credit Documents as any other Lender and may exercise those Rights as if it were not acting as Administrative Agent. The term "Lender", unless the context otherwise indicates, includes Administrative Agent. Administrative Agent's resignation or removal does not impair or otherwise affect any Rights that it has or may have in its capacity as an individual Lender. Each Lender and Borrower agree that Administrative Agent is not a fiduciary for Lenders or for Borrower but is simply acting in the capacity described in this agreement to alleviate administrative burdens for Borrower and Lenders, that Administrative Agent has no duties or responsibilities to Lenders or Borrower except those expressly set forth in the Credit Documents, and that Administrative Agent in its capacity as a Lender has the same Rights as any other Lender.

Appears in 6 contracts

Samples: Credit Agreement (Ultrak Inc), Credit Agreement (Ultrak Inc), Credit Agreement (Teppco Partners Lp)

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Rights as Lender. Administrative Each Agent, in its capacity as a Lender, has the same Rights under the Credit Loan Documents as any other Lender and may exercise those Rights as if it were not acting as Administrative an Agent. The term "Lender", ," unless the context otherwise indicates, includes Administrative AgentAgents. Administrative Agent's resignation or removal does not impair or otherwise affect any Rights that it has or may have in its capacity as an individual Lender. Each Lender and Borrower agree that Administrative Agent is Agents are not a fiduciary for Lenders or for Borrower but is are simply acting in the capacity capacities described in this agreement Agreement to alleviate administrative burdens for Borrower and Lenders, that Administrative Agent has Agents have no duties or responsibilities to Lenders or Borrower except those expressly set forth in the Credit Loan Documents, and that Administrative each Agent in its capacity as a Lender has the same Rights as any other Lender.

Appears in 4 contracts

Samples: Credit Agreement (Prentiss Properties Trust/Md), Credit Agreement (Prentiss Properties Trust/Md), Credit Agreement (Prentiss Properties Trust/Md)

Rights as Lender. The Administrative Agent, in its capacity as a Lender, has the same Rights under the Credit Documents as any other Lender and may exercise those Rights as if it were not acting as the Administrative Agent. The term "Lender", unless the context otherwise indicates, includes Administrative Agent. Administrative Agent's resignation or removal does not impair or otherwise affect any Rights that it has or may have in its capacity as an individual Lender. Each Lender and the Borrower agree that the Administrative Agent is not a fiduciary for the Lenders or for the Borrower but is simply acting in the capacity described in this agreement Agreement to alleviate administrative burdens for the Borrower and the Lenders, that the Administrative Agent has no duties or responsibilities to the Lenders or the Borrower except those expressly set forth in the Credit Documents, and that the Administrative Agent in its capacity as a Lender has the same Rights as any other Lender.

Appears in 4 contracts

Samples: Credit Agreement (Teppco Partners Lp), Credit Agreement (Teppco Partners Lp), Credit Agreement (Teppco Partners Lp)

Rights as Lender. Administrative Agent, in its capacity as a Lender, has the same Rights under the Credit Documents as any other Lender and may exercise those Rights as if it were not acting as Administrative Agent. The term "Lender", unless the context otherwise indicates, includes Administrative Agent. Administrative Agent's ’s resignation or removal does not impair or otherwise affect any Rights that it has or may have in its capacity as an individual Lender. Each Lender and each Borrower agree that Administrative Agent is not a fiduciary for Lenders or for Borrower Borrowers but is simply acting in the capacity described in this agreement to alleviate administrative burdens for Borrower Borrowers and Lenders, that Administrative Agent has no duties or responsibilities to Lenders or Borrower Borrowers except those expressly set forth in the Credit Documents, and that Administrative Agent in its capacity as a Lender has the same Rights as any other Lender.

Appears in 3 contracts

Samples: Credit Agreement (PMC Commercial Trust /Tx), Credit Agreement (PMC Commercial Trust /Tx), Credit Agreement (PMC Commercial Trust /Tx)

Rights as Lender. Administrative Agent, in its capacity as a Lender, has the same Rights under the Credit Loan Documents as any other Lender and may exercise those Rights as if it were not acting as Administrative Agent. The term "Lender", unless the context otherwise indicates, includes Administrative Agent. Administrative Agent's ’s resignation or removal does not impair or otherwise affect any Rights that it has or may have in its capacity as an individual Lender. Each Lender and Borrower agree that Administrative Agent is not a fiduciary for Lenders or for Borrower but is simply acting in the capacity described in this agreement to alleviate administrative burdens for Borrower and Lenders, that Administrative Agent has no duties or responsibilities to Lenders or Borrower except those expressly set forth in the Credit Loan Documents, and that Administrative Agent in its capacity as a Lender has the same Rights as any other Lender.

Appears in 3 contracts

Samples: Term Loan Agreement (Goodrich Petroleum Corp), Credit Agreement (Goodrich Petroleum Corp), Credit Agreement (Goodrich Petroleum Corp)

Rights as Lender. The Administrative Agent, in its capacity as a Lender, has the same Rights under the Credit Loan Documents as any other Lender and may exercise those Rights as if it were not acting as Administrative Agent. The term "Lender", unless the context otherwise indicates, includes each Administrative Agent. Administrative Agent's resignation or removal does not impair or otherwise affect any Rights that it has or may have in its capacity as an individual Lender. Each Lender and the Borrower agree that the Administrative Agent is not a fiduciary for the Lenders or for Borrower the Borrower, but Administrative Agent is simply acting in the capacity described in this agreement Agreement to alleviate administrative burdens for the Borrower and the Lenders, that the Administrative Agent has no any duties or responsibilities to Lenders or the Borrower except those expressly set forth in the Credit Loan Documents, and that the Administrative Agent in its capacity as a Lender has the same Rights as any other Lender.

Appears in 2 contracts

Samples: Credit Agreement (Affiliated Computer Services Inc), Credit Agreement (Affiliated Computer Services Inc)

Rights as Lender. Administrative Agent, in its capacity as a Lender, has shall have the same Rights under the Credit Loan Documents as any other Lender and may exercise those Rights the same as if though it were not acting as Administrative Agent. The ; the term "Lender"’’ shall, unless the context otherwise indicates, includes include Administrative Agent. Administrative Agent's resignation ; and any resignation, or removal does of by Administrative Agent hereunder shall not impair or otherwise affect any Rights that which it has or may have in its capacity as an individual Lender. Each Lender and Borrower agree that Administrative Agent is not a fiduciary for Lenders or for Borrower but simply is simply acting in the capacity described in this agreement herein to alleviate administrative burdens for both Borrower and Lenders, that Administrative Agent has no duties or responsibilities to Lenders or Borrower except those expressly set forth in the Credit Documentsherein, and that Administrative Agent in its capacity as a Lender has the same all Rights as of any other Lender.

Appears in 1 contract

Samples: Credit Agreement (Protection One Alarm Monitoring Inc)

Rights as Lender. Administrative Each Agent, in its capacity as a Lender, has the same Rights under the Credit Loan Documents as any other Lender and may exercise those Rights as if it were not acting as Administrative an Agent. The term "Lender", LENDER," unless the context otherwise indicates, includes Administrative AgentAgents. Administrative Agent's resignation or removal does not impair or otherwise affect any Rights that it has or may have in its capacity as an individual Lender. Each Lender and Borrower Borrowers agree that Administrative Agent is Agents are not a fiduciary for Lenders or for Borrower Borrowers but is are simply acting in the capacity capacities described in this agreement Agreement to alleviate administrative burdens for Borrower Borrowers and Lenders, that Administrative Agent has Agents have no duties or responsibilities to Lenders or Borrower Borrowers except those expressly set forth in the Credit Loan Documents, and that Administrative each Agent in its capacity as a Lender has the same Rights as any other Lender.

Appears in 1 contract

Samples: Credit Agreement (Innkeepers Usa Trust/Fl)

Rights as Lender. Administrative Agent, in its capacity as a Lender, has the same Rights under the Credit Documents as any other Lender and may exercise those Rights as if it were not acting as Administrative Agent. The term "Lender", unless the context otherwise indicates, includes Administrative Agent. Administrative Agent's resignation or removal does not impair or otherwise affect any Rights that it has or may have in its capacity as an individual Lender. Each Lender and Borrower agree that Administrative Agent is not a fiduciary for Lenders or for Borrower but is simply acting in the capacity described in this agreement to alleviate administrative burdens for Borrower and Lenders, that Administrative Agent has no duties or responsibilities to Lenders or Borrower except those expressly set forth in the Credit Documents, and that Administrative Agent in its capacity as a Lender has the same Rights as any other Lender.

Appears in 1 contract

Samples: Credit Agreement (Pier 1 Imports Inc/De)

Rights as Lender. Administrative Agent, in its capacity as a Lender, has shall have the same Rights under the Credit Loan Documents as any other Lender and may exercise those Rights the same as if though it were not acting as Administrative Agent. The ; the term "Lender"LENDER" shall, unless the context otherwise indicates, includes include Administrative Agent. Administrative Agent's resignation ; and any resignation, or removal does of by Administrative Agent hereunder shall not impair or otherwise affect any Rights that which it has or may have in its capacity as an individual Lender. Each Lender and Borrower agree that Administrative Agent is not a fiduciary for Lenders or for Borrower but simply is simply acting in the capacity described in this agreement herein to alleviate administrative burdens for both Borrower and Lenders, that Administrative Agent has no duties or responsibilities to Lenders or Borrower except those expressly set forth in the Credit Documentsherein, and that Administrative Agent in its capacity as a Lender has the same all Rights as of any other Lender.

Appears in 1 contract

Samples: Revolving Credit Agreement (Protection One Alarm Monitoring Inc)

Rights as Lender. Administrative Each Agent, in its capacity as a Lender, has the same Rights under the Credit Loan Documents as any other Lender and may exercise those Rights as if it were not acting as Administrative an Agent. The term "Lender", ," unless the context otherwise indicates, includes Administrative Agentthe Agents. The Administrative Agent's resignation or removal does not impair or otherwise affect any Rights that it has or may have in its capacity as an individual Lender. Each Lender and Borrower agree that Administrative Agent is the Agents are not a fiduciary for Lenders or for Borrower but is are simply acting in the capacity capacities described in this agreement Agreement to alleviate administrative burdens for Borrower and Lenders, that Administrative Agent has the Agents have no duties or responsibilities to Lenders or Borrower except those expressly set forth in the Credit Loan Documents, and that Administrative each Agent in its capacity as a Lender has the same Rights as any other Lender.

Appears in 1 contract

Samples: Credit Agreement (Prentiss Properties Trust/Md)

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Rights as Lender. Administrative Each Agent, in its capacity as a Lender, has the same Rights under the Credit Loan Documents as any other Lender and may exercise those Rights as if it were not acting as Administrative an Agent. The term "Lender", ," unless the context otherwise indicates, includes Administrative AgentAgents. Administrative Agent's resignation or removal does not impair or otherwise affect any Rights that it has or may have in its capacity as an individual Lender. Each Lender and Borrower agree that Administrative no Agent is not a fiduciary for Lenders or for Borrower but is are simply acting in the capacity capacities described in this agreement Agreement to alleviate administrative burdens for Borrower and Lenders, that Administrative Agent has Agents have no duties or responsibilities to Lenders or Borrower except those expressly set forth in the Credit Loan Documents, and that Administrative each Agent in its capacity as a Lender has the same Rights as any other Lender.

Appears in 1 contract

Samples: Credit Agreement (Prentiss Properties Trust/Md)

Rights as Lender. Administrative Each Agent, in its capacity as a Lender, has the same Rights rights and obligations under the Credit Loan Documents as any other Lender and may exercise those Rights rights and obligations as if it were not acting as Administrative an Agent. The term "Lender", LENDER," unless the context otherwise indicates, includes Administrative each Agent. Administrative Any Agent's resignation or removal does not impair or otherwise affect any Rights rights or obligations that it has or may have in its capacity as an individual Lender. Each Lender and Borrower agree that Administrative no Agent is not a fiduciary for Lenders or for Borrower but is simply acting in the capacity described in this agreement Agreement to alleviate administrative burdens for Borrower and Lenders, and that Administrative no Agent has no any duties or responsibilities to Lenders or Borrower except those expressly set forth in the Credit Loan Documents, and that Administrative Agent in its capacity as a Lender has the same Rights as any other Lender.

Appears in 1 contract

Samples: Credit Agreement (Trammell Crow Co)

Rights as Lender. Administrative Each Agent, in its capacity as a Lender, has ---------------- the same Rights under the Credit Loan Documents as any other Lender and may exercise those Rights as if it were not acting as Administrative an Agent. The term "Lender", unless the context otherwise indicates, includes Administrative each Agent. Administrative An Agent's resignation or removal does not impair or otherwise affect any Rights that it has or may have in its capacity as an individual Lender. Each Lender and each Borrower agree that Administrative neither Agent is not a fiduciary for Lenders or for Borrower Borrowers but is simply acting in the capacity described in this agreement to alleviate administrative burdens for Borrower Borrowers and Lenders, that Administrative neither Agent has no any duties or responsibilities to Lenders or Borrower Borrowers except those expressly set forth in the Credit Loan Documents, and that Administrative each Agent in its capacity as a Lender has the same Rights as any other Lender.

Appears in 1 contract

Samples: Credit Agreement (Trikon Technologies Inc)

Rights as Lender. Administrative Agent, in its capacity as a Lender, has the same Rights under the Credit Documents as any other Lender and may exercise those Rights as if it were not acting as Administrative Agent. The term "LenderLENDER", unless the context otherwise indicates, includes Administrative Agent. Administrative Agent's resignation or removal does not impair or otherwise affect any Rights that it has or may have in its capacity as an individual Lender. Each Lender and Borrower agree that Administrative Agent is not a fiduciary for Lenders or for Borrower but is simply acting in the capacity described in this agreement Agreement to alleviate administrative burdens for Borrower and Lenders, that Administrative Agent has no duties or responsibilities to Lenders or Borrower except those expressly set forth in the Credit Documents, and that Administrative Agent in its capacity as a Lender has the same Rights as any other Lender.

Appears in 1 contract

Samples: Credit Agreement (Ultrak Inc)

Rights as Lender. Administrative Each Agent, in its capacity as a Lender, has the same Rights under the Credit Loan Documents as any other Lender and may exercise those Rights as if it were not acting as Administrative an Agent. The term "Lender", ," unless the context otherwise indicates, includes Administrative AgentAgents. Administrative Agent's resignation or removal does not impair or otherwise affect any Rights that it has or may have in its capacity as an individual Lender. Each Lender and Borrower Borrowers agree that Administrative Agent is Agents are not a fiduciary for Lenders or for Borrower Borrowers but is are simply acting in the capacity capacities described in this agreement Agreement to alleviate administrative burdens for Borrower Borrowers and Lenders, that Administrative Agent has Agents have no duties or responsibilities to Lenders or Borrower except those expressly set forth in the Credit Documents, and that Administrative Agent in its capacity as a Lender has the same Rights as any other Lender.Borrowers

Appears in 1 contract

Samples: Credit Agreement (Innkeepers Usa Trust/Fl)

Rights as Lender. Administrative Agent, in its capacity as a Lender, has the same Rights under the Credit Loan Documents as any other Lender and may exercise those Rights as if it were not acting as Administrative Agent. The term "Lender", unless the context otherwise indicates, includes each Administrative Agent. Administrative Agent's resignation or removal does not impair or otherwise affect any Rights that it has or may have in its capacity as an individual Lender. Each Lender and Borrower agree that Administrative Agent is not a fiduciary for Lenders or for Borrower Borrower, but Administrative Agent is simply acting in the capacity described in this agreement to alleviate administrative burdens for Borrower and Lenders, that Administrative Agent has no any duties or responsibilities to Lenders or Borrower except those expressly set forth in the Credit Loan Documents, and that Administrative Agent in its capacity as a Lender has the same Rights as any other Lender.

Appears in 1 contract

Samples: Credit Agreement (Affiliated Computer Services Inc)

Rights as Lender. The Administrative Agent, in its capacity as a Lender, has the same Rights under the Credit Documents as any other Lender and may exercise those Rights as if it were not acting as the Administrative Agent. The term "Lender", unless the context otherwise indicates, includes Administrative Agent. Administrative Agent's ’s resignation or removal does not impair or otherwise affect any Rights that it has or may have in its capacity as an individual Lender. Each Lender and the Borrower agree that the Administrative Agent is not a fiduciary for the Lenders or for the Borrower but is simply acting in the capacity described in this agreement Agreement to alleviate administrative burdens for the Borrower and the Lenders, that the Administrative Agent has no duties or responsibilities to the Lenders or the Borrower except those expressly set forth in the Credit Documents, and that the Administrative Agent in its capacity as a Lender has the same Rights as any other Lender.

Appears in 1 contract

Samples: Term Credit Agreement (Teppco Partners Lp)

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