Common use of Administrative Agent in Its Individual Capacity Clause in Contracts

Administrative Agent in Its Individual Capacity. The Administrative Agent and its Affiliates may make loans to, issue or participate in Letters of Credit for the account of, accept deposits from and generally engage in any kind of business with a Borrower as though the Administrative Agent were not Administrative Agent hereunder. With respect to the Loans made by it, the Administrative Agent shall have the same rights and powers under this Credit Agreement as any Lender and

Appears in 2 contracts

Samples: Credit Agreement (Virginia Electric & Power Co), Credit Agreement (Dominion Resources Inc /Va/)

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Administrative Agent in Its Individual Capacity. The Administrative Agent and its Affiliates affiliates may make loans to, issue or participate in Letters of Credit for the account of, accept deposits from and generally engage in any kind of business with a Borrower or any other Credit Party as though the Administrative Agent were not the Administrative Agent hereunder. With respect to the Loans made by and Letters of Credit issued and all obligations owing to it, the Administrative Agent shall have the same rights and powers under this Credit Agreement as any Lender andand may exercise the same as though they were not the Administrative Agent, and the terms "Lender" and "

Appears in 2 contracts

Samples: Credit Agreement (Maxim Group Inc /), Credit Agreement (Maxim Group Inc /)

Administrative Agent in Its Individual Capacity. The Administrative Agent and its Affiliates may affiliates may, to the extent permitted under this Credit Agreement, make loans to, issue or participate in Letters of Credit for the account of, accept deposits from and generally engage in any kind of business with a the Borrower as though the Administrative Agent were not the Administrative Agent hereunder. With respect to the its Loans made or renewed by it and any Note issued to it, the Administrative Agent shall have the same rights and powers under this Credit Agreement as any Lender andand may exercise the same as though it were not the Administrative Agent, and the terms "Lender" and "

Appears in 2 contracts

Samples: Credit Agreement (West Corp), Credit Agreement (West Corp)

Administrative Agent in Its Individual Capacity. The Administrative Agent and its Affiliates may make loans to, issue or participate in Letters of Credit for the account of, accept deposits from and generally engage in any kind of business with a Borrower the Borrower, the Lessee or the Guarantor as though the Administrative Agent were not the Administrative Agent hereunderhereunder and under the other Operative Agreements. With respect to the its Loans made or renewed by it and any Note issued to it, the Administrative Agent shall have the same rights and powers under this Credit Agreement and the other Operative Agreements as any Lender andand may exercise the same as though it were not the Administrative Agent, and the terms "Lender" and "

Appears in 2 contracts

Samples: Credit Agreement (Capital One Financial Corp), Credit Agreement (Capital One Financial Corp)

Administrative Agent in Its Individual Capacity. The Administrative Agent and its Affiliates affiliates may make loans to, issue or participate in Letters of Credit for the account of, accept deposits from and generally engage in any kind of business with a the Borrower as though the Administrative Agent were not the Administrative Agent hereunder. With respect to the its Loans made or renewed by it and any Note issued to it, the Administrative Agent shall have the same rights and powers under this Credit Agreement as any Lender andand may exercise the same as though it were not the Administrative Agent, and the terms “Lender” and “

Appears in 2 contracts

Samples: Credit Agreement (Roanoke Electric Steel Corp), Credit Agreement (Red Robin Gourmet Burgers Inc)

Administrative Agent in Its Individual Capacity. The entity which is the Administrative Agent and its Affiliates affiliates may make loans to, issue or participate in Letters of Credit for the account of, accept deposits from and generally engage in any kind of business with a Borrower the Borrower, its Subsidiaries or their respective Affiliates as though the entity which is the Administrative Agent were not the Administrative Agent hereunder. With respect to the Loans made by itand all obligations of the Borrower hereunder and under the other Credit Documents, the entity which is the Administrative Agent shall have the same rights and powers under this Credit Agreement as any Lender andand may exercise the same as though it were not the Administrative Agent, and the terms "Lender" and "

Appears in 1 contract

Samples: Credit Agreement (C&d Technologies Inc)

Administrative Agent in Its Individual Capacity. The Administrative Agent and its Affiliates may make loans to, issue or participate in Letters of Credit for the account of, accept deposits from and generally engage in any kind of business with a Borrower the Company as though the Administrative Agent were not the Administrative Agent hereunder. With respect to the its Loans made or renewed by it and any Note issued to it, the Administrative Agent shall have the same rights and powers under this Credit Agreement as any Lender andand may exercise the same as though it were not the Administrative Agent, and the terms “Lender” and “

Appears in 1 contract

Samples: Credit Agreement (Dow Jones & Co Inc)

Administrative Agent in Its Individual Capacity. The Administrative Agent and its Affiliates may make loans to, issue or participate in Letters of Credit for the account of, accept deposits from and generally engage in any kind of business with a Borrower as though the Administrative Agent were not Administrative Agent hereunder. With respect to the Loans made by it, the Administrative Agent shall have the same rights and powers under this Credit Agreement and any other Loan Document in its capacity as a Lender as any other Lender andand may exercise or refrain from exercising the same as though it were not Administrative Agent. The terms “Lenders,” “Required Lenders,” or any similar terms shall, unless the context clearly otherwise indicates, include Administrative Agent in its individual capacity. Administrative Agent and its Affiliates may accept deposits from, lend money to, and generally engage in any kind of business with any of the Obligors as if it were not Administrative Agent hereunder.

Appears in 1 contract

Samples: Loan and Security Agreement (Zep Inc.)

Administrative Agent in Its Individual Capacity. The Administrative Agent and its Affiliates affiliates may make loans to, issue or participate in Letters of Credit for the account of, accept deposits from and generally engage in any kind of business with a Borrower the Credit Parties as though the Administrative Agent were not the Administrative Agent hereunder. With respect to the its Loans made or renewed by it and any Note issued to it, the Administrative Agent shall have the same rights and powers under this Credit Agreement as any Lender andand may exercise the same as though it were not the Administrative Agent, and the terms "Lender" and "

Appears in 1 contract

Samples: Credit Agreement (International Speedway Corp)

Administrative Agent in Its Individual Capacity. The Administrative Agent and its Affiliates affiliates may make loans to, issue or participate in Letters of Credit for the account of, accept deposits from and generally engage in any kind of business with a Borrower the Company as though the Administrative Agent were not the Administrative Agent hereunder. With respect to the its Loans made or renewed by it and any Note issued to it, the Administrative Agent shall have the same rights and powers under this Credit Agreement as any Lender andand may exercise the same as though it were not the Administrative Agent, and the terms "Lender" and "

Appears in 1 contract

Samples: Credit Agreement (Checkpoint Systems Inc)

Administrative Agent in Its Individual Capacity. The Administrative Agent and its Affiliates may affiliates may, to the extent permitted under this Credit Agreement, make loans to, issue or participate in Letters of Credit for the account of, accept deposits from and generally engage in any kind of business with a the Borrower as though the Administrative Agent were not the Administrative Agent hereunder. With respect to the its Loans made or renewed by it and any Note issued to it, the Administrative Agent shall have the same rights and powers under this Credit Agreement as any Lender andand may exercise the same as though it were not the Administrative Agent, and the terms “Lender” and “Lenders” shall include the Administrative Agent in its individual capacity.

Appears in 1 contract

Samples: Credit Agreement (West Corp)

Administrative Agent in Its Individual Capacity. The Administrative Agent and its Affiliates affiliates may make loans to, issue or participate in Letters of Credit for the account of, accept deposits from and generally engage in any kind of business with a the Borrower and the other Consolidated Parties as though the Administrative Agent were not the Administrative Agent hereunder. With respect to the Loans made or renewed by it and any Note issued to it, the Administrative Agent shall have the same rights and powers under this Credit Agreement as any Lender andand may exercise the same as though it were not the Administrative Agent, and the terms "Lender" and "

Appears in 1 contract

Samples: Credit Agreement (Right Management Consultants Inc)

Administrative Agent in Its Individual Capacity. The Administrative Agent and its Affiliates affiliates may make loans to, issue or participate in Letters of Credit for the account of, accept deposits from and generally engage in any kind of business with a the Borrower or any other Credit Party as though the Administrative Agent were not the Administrative Agent hereunder. With respect to the Loans made by and all obligations owing to it, the Administrative Agent shall have the same rights and powers under this Credit Agreement as any Lender andand may exercise the same as though they were not the Administrative Agent, and the terms "Lender" and "

Appears in 1 contract

Samples: Credit Agreement (Covance Inc)

Administrative Agent in Its Individual Capacity. The Administrative Agent and its Affiliates affiliates may make loans to, issue or participate in Letters of Credit for the account of, accept deposits from and generally engage in any kind of business with a the Borrower and the other Credit Parties as though the Administrative Agent were not the Administrative Agent hereunder. With respect to the Loans made or renewed by it and any Note issued to it, the Administrative Agent shall have the same rights and powers under this Credit Agreement as any Lender andand may exercise the same as though it were not the Administrative Agent, and the terms "Lender" and "

Appears in 1 contract

Samples: Credit Agreement (Bradley Pharmaceuticals Inc)

Administrative Agent in Its Individual Capacity. The Administrative Agent and its Affiliates affiliates may make loans to, issue or participate in Letters of Credit for the account of, accept deposits from and generally engage in any kind of business with a the Borrower as though the Administrative Agent were not the Administrative Agent hereunder. With respect to the its Loans made or renewed by it and any Note issued to it, the Administrative Agent shall have the same rights and powers under this Credit Agreement as any Lender andand may exercise the same as though it were not the Administrative Agent, and the terms “Lender” and “

Appears in 1 contract

Samples: Credit Agreement (Dycom Industries Inc)

Administrative Agent in Its Individual Capacity. The Administrative Agent and its Affiliates affiliates may make loans to, issue or participate in Letters of Credit for the account of, accept deposits from and generally engage in any kind of business with a Borrower and the other Loan Parties as though the Administrative Agent were not Administrative Agent hereunder. With respect to the Loans made or renewed by it and any Note issued to it, the Administrative Agent shall have the same rights and powers under this Credit Agreement as any Lender andand may exercise the same as though it were not Administrative Agent, and the terms "Lender" and "

Appears in 1 contract

Samples: Credit Agreement (Directed Electronics, Inc.)

Administrative Agent in Its Individual Capacity. The Administrative Agent and its Affiliates affiliates may make loans to, issue or participate in Letters of Credit for the account of, accept deposits from and generally engage in any kind of business with a Borrower the Company as though the Administrative Agent were not the Administrative Agent hereunder. With respect to the its Loans made or renewed by it and any Note issued to it, the Administrative Agent shall have the same rights and powers under this Credit Agreement as any Lender andand may exercise the same as though it were not the Administrative Agent, and the terms “Lender” and “

Appears in 1 contract

Samples: Credit Agreement (Lionbridge Technologies Inc /De/)

Administrative Agent in Its Individual Capacity. The Administrative Agent and its Affiliates affiliates may make loans to, issue or participate in Letters of Credit for the account of, accept deposits from and generally engage in any kind of business with a Borrower the Parent and its Subsidiaries as though the Administrative Agent were not the Administrative Agent hereunder. With respect to the its Loans made or renewed by it and any Note issued to it, the Administrative Agent shall have the same rights and powers under this Credit Agreement as any Lender andand may exercise the same as though it were not the Administrative Agent, and the terms "Lender" and "

Appears in 1 contract

Samples: Credit Agreement (Medsource Technologies Inc)

Administrative Agent in Its Individual Capacity. The Administrative Agent and its Affiliates may make loans to, issue or participate in Letters of Credit for the account of, accept deposits from and generally engage in any kind of business with a Borrower the Credit Parties as though the Administrative Agent were not the Administrative Agent hereunder. With respect to the Loans made by and Letters of Credit issued and all obligations owing to it, the Administrative Agent shall have the same rights and powers under this Credit Agreement as any Lender andand may exercise the same as though it were not the Administrative Agent, and the terms "Lender" and "

Appears in 1 contract

Samples: Credit Agreement (Brandywine Realty Trust)

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Administrative Agent in Its Individual Capacity. The Administrative Agent and its Affiliates may make loans to, issue or participate in Letters of Credit for the account of, accept deposits from and generally engage in any kind of business with a the Borrower as though the Administrative Agent were not the Administrative Agent hereunder. With respect to the its Revolving Loans made or renewed by it and any Revolving Note issued to it, the Administrative Agent shall have the same rights and powers under this Credit Agreement as any Lender andand may exercise the same as though it were not the Administrative Agent, and the terms "Lender" and "

Appears in 1 contract

Samples: Credit Agreement (Official Information Co)

Administrative Agent in Its Individual Capacity. The Administrative Agent and its Affiliates affiliates may make loans to, issue or participate in Letters of Credit for the account of, accept deposits from and generally engage in any kind of business with a the Borrower or any Subsidiary Borrower as though the Administrative Agent were not the Administrative Agent hereunder. With respect to the its Loans made or renewed by it and any Note issued to it and with respect to any Letter of Credit issued or participated in by it, the Administrative Agent shall have the same rights and powers under this Credit Agreement as any Lender andand may exercise the same as though it were not the

Appears in 1 contract

Samples: Credit Agreement (Scotts Miracle-Gro Co)

Administrative Agent in Its Individual Capacity. The Administrative Agent and its Affiliates affiliates may make loans to, issue or participate in Letters of Credit for the account of, accept deposits from and generally engage in any kind of business with a Borrower any Credit Party as though the Administrative Agent were was not the Administrative Agent hereunderAgent. With respect to the Loans made any Letter of Credit issued or participated in by it, the Administrative Agent shall have the same rights and powers under this Agreement and the other Credit Agreement Documents as any Lender andand may exercise the same as though it were not the Administrative Agent, and the terms "Lender" and "Lenders" shall include the Administrative Agent in its individual capacity.

Appears in 1 contract

Samples: Credit Agreement (Hilfiger Tommy Corp)

Administrative Agent in Its Individual Capacity. The Administrative Agent and its Affiliates affiliates may make loans to, issue or participate in Letters of Credit for the account of, accept deposits from and generally engage in any kind of business with a the Borrower as though the Administrative Agent were not the Administrative Agent hereunder. With respect to the its Term Loans made or renewed by it and any Note issued to it, the Administrative Agent shall have the same rights and powers under this Credit Agreement as any Lender andand may exercise the same as though it were not the Administrative Agent, and the terms “Lender” and “

Appears in 1 contract

Samples: Credit Agreement (Hni Corp)

Administrative Agent in Its Individual Capacity. The Administrative Agent and its Affiliates may make loans and other extensions of credit to, issue or participate in Letters of Credit for the account of, accept deposits from from, and generally engage in any kind of business with a the Borrower and its Subsidiaries as though the Administrative Agent were not the Administrative Agent hereunderhereunder and under the other Loan Documents. With respect to the Loans and other Extensions of Credit made by it, the Administrative Agent shall have the same rights and powers under this Credit Agreement and the other Loan Documents as any Lender andand may exercise the same as though it were not the Administrative Agent, and the terms “Lender” and “

Appears in 1 contract

Samples: Credit Agreement (Green Plains Renewable Energy, Inc.)

Administrative Agent in Its Individual Capacity. The Administrative Agent and its Affiliates affiliates may make loans to, issue or participate in Letters of Credit for the account of, accept deposits from and generally engage in any kind of business with a the Borrower and the other Credit Parties as though the Administrative Agent were not the Administrative Agent hereunder. With respect to the its Loans made or renewed by it and any Note issued to it, the Administrative Agent shall have the same rights and powers under this Credit Agreement as any Lender andand may exercise the same as though it were not the Administrative Agent, and the terms "Lender" and "

Appears in 1 contract

Samples: Credit Agreement (Armor Holdings Inc)

Administrative Agent in Its Individual Capacity. The Administrative Agent and its Affiliates may make loans to, issue or participate in Letters of Credit for the account of, accept deposits from and generally engage in any kind of business with a the Borrower or any of its Subsidiaries as though the Administrative Agent were not the Administrative Agent hereunder. With respect to the Loans made by and all obligations owing to it, the Administrative Agent shall have the same rights and powers under this Credit Agreement as any Lender andand may exercise the same as though they were

Appears in 1 contract

Samples: Credit Agreement (Abacoa Homes Inc)

Administrative Agent in Its Individual Capacity. The Administrative Agent and its Affiliates may make loans to, issue or participate in Letters of Credit for the account of, accept deposits from and generally engage in any kind of business with a Borrower the Credit Parties as though the Administrative Agent were not the Administrative Agent hereunder. With respect to the Term Loans made by and all obligations owing to it, the Administrative Agent shall have the same rights and powers under this Credit Agreement as any Lender andand may exercise the same as though it were not the Administrative Agent, and the terms "Lender" and "

Appears in 1 contract

Samples: Term Credit Agreement (Brandywine Realty Trust)

Administrative Agent in Its Individual Capacity. The Administrative Agent and its Affiliates may make loans to, issue or participate in Letters of Credit for the account accept deposits from, hold equity securities of, accept deposits from and generally engage in any kind of business with a Borrower any Credit Party as though the Administrative Agent were not the Administrative Agent hereunderhereunder and under the other Loan Documents. With respect to the its Loans made or renewed by it and any Note issued to it and with respect to any Letter of Credit issued or participated in by it, the Administrative Agent shall have the same rights and powers under this Credit Agreement and the other Loan Documents as any Lender andand may exercise the same as though it were not the Administrative Agent, and the terms "Lender" and "

Appears in 1 contract

Samples: Credit Agreement (Hanover Compressor Co /)

Administrative Agent in Its Individual Capacity. The Administrative Agent Agents and its Affiliates their affiliates may make loans to, issue or participate in Letters of Credit for the account of, accept deposits from and generally engage in any kind of business with a Borrower the Borrower, its Subsidiaries or their respective Affiliates as though the Administrative Agent Agents were not Administrative Agent the Agents hereunder. With respect to the Loans made by itand all obligations of the Borrower hereunder and under the other Credit Documents, the Administrative Agent Agents shall have the same rights and powers under this Credit Agreement as any Lender andand may exercise the same as though it were not an Agent, and the terms "Lender" and "

Appears in 1 contract

Samples: Term Loan Credit Agreement (Railworks Corp)

Administrative Agent in Its Individual Capacity. The Administrative Agent and its Affiliates may make loans to, issue or participate in Letters of Credit for the account of, accept deposits from and generally engage in any kind of business with a Borrower the Company as though the Administrative Agent were not the Administrative Agent hereunder. With respect to the its Loans made or renewed by it, any Note issued to it and with respect to any Letter of Credit issued or participated in by it, the Administrative Agent shall have the same rights and powers under this Credit Agreement as any Lender andand may exercise the same as though it were not the Administrative Agent, and the terms “Lender” and “

Appears in 1 contract

Samples: Year Credit Agreement (Dow Jones & Co Inc)

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