Examples of CIBC in a sentence
BORROWER: NADG NNN 50/50 LP, a Delaware limited partnership By: NADG NNN 50/50 GP LLC, a Delaware limited liability company its general partner By: /s/ Xxxxxxx X.X. Xxxxxxx Name: Xxxxxxx X.X. Xxxxxxx Title: Manager ADMINISTRATIVE AGENT: CIBC Bank USAian Illinois state chartered bank I By: /s/ Xxxxxxx X.
With respect to their Loans (if any), CIBC US and its Affiliates shall have the same rights and powers under this Credit Agreement as any other Lender and may exercise the same as though CIBC US were not Administrative Agent, and the terms “Lender” and “Lenders” include CIBC US and its Affiliates, to the extent applicable, in their individual capacities.
Each Lender acknowledges that, pursuant to such activities, CIBC US or its Affiliates may receive information regarding a Borrower or its Affiliates (including information that may be subject to confidentiality obligations in favor of such Borrower or such Affiliate) and acknowledge that Administrative Agent shall be under no obligation to provide such information to them.
Each Lender hereby irrevocably (subject to Section 11.09) appoints, designates and authorizes CIBC Bank USA to take such action on its behalf as Administrative Agent under the provisions of this Credit Agreement and each other Loan Document and to exercise such powers and perform such duties as are expressly delegated to it by the terms of this Credit Agreement or any other Loan Document, together with such powers as are reasonably incidental thereto.
If, at any time, Administrative Agent shall not have received on the date due, any payment of interest upon the Loans or any fee described herein, Administrative Agent may direct the disbursement of funds from any deposit account of any Borrower maintained at CIBC US to Lenders, in accordance with the terms hereof, to the extent available therein for payment of any such amount.