Rights of Administrative Agent. It is understood and agreed that Chase shall have the same rights and powers hereunder (including the right to give such instructions) as the other Lenders and may exercise such rights and powers, as well as its rights and powers under other agreements and instruments to which it is or may be party, and engage in other transactions with the Borrower as though it were not the Administrative Agent on behalf of the Lenders under this Agreement.
Appears in 11 contracts
Samples: Credit Agreement (Cendant Corp), Revolving Credit Agreement (Cendant Corp), Five Year Competitive Advance and Revolving Credit Agreement (HFS Inc)
Rights of Administrative Agent. It is understood and agreed that Chase shall have the same rights and powers hereunder (including the right to give such instructions) as the other Lenders and may exercise such rights and powers, as well as its rights and powers under other agreements and instruments to which it is or may be party, and engage in other transactions with the Borrower as though it were not the an Administrative Agent on behalf of the Lenders under this Agreement.
Appears in 2 contracts
Samples: Credit Agreement (Cendant Corp), Credit Agreement (Cendant Corp)
Rights of Administrative Agent. It is understood and agreed that Chase shall have the same rights and powers hereunder (including the right to give such instructions) as the other Lenders and may exercise such rights and powers, as well as its rights and powers under other agreements and instruments to which it is or may be party, and engage in other transactions with any Borrower or the Borrower Guarantor, as though it were not the Administrative Agent on behalf of the Lenders under this Agreement.
Appears in 1 contract
Rights of Administrative Agent. It is understood and agreed ------------------------------ that Chase shall have the same rights and powers hereunder (including the right to give such instructions) as the other Lenders and may exercise such rights and powers, as well as its rights and powers under other agreements and instruments to which it is or may be party, and engage in other transactions with the any Borrower , as though it were not the Administrative Agent on behalf of the Lenders under this Agreement.
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