Common use of The Agent in its Individual Capacity Clause in Contracts

The Agent in its Individual Capacity. With respect to its Commitment, ------------------------------------ the Loans made by it and the Note or Notes issued to it, the Agent in its individual capacity and not as Agent shall have the same rights and powers under the Credit Documents as any other Lender and may exercise the same as though it were not performing the agency duties specified herein; and the terms "Lenders," "Required Lenders," "holders of Notes" and any similar terms shall, unless the context clearly otherwise indicates, include the Agent in its individual capacity. The Agent and its Affiliates may accept deposits from, lend money to, make investments in, and generally engage in any kind of banking, trust, financial advisory or other business with the Borrower, Holdings, any of their Subsidiaries or any of their respective Affiliates as if the Agent were not performing the agency duties specified herein, and may accept fees and other consideration from any of them for services in connection with this Agreement and otherwise without having to account for the same to the Lenders.

Appears in 2 contracts

Sources: Credit Agreement (Markel Holdings Inc), Credit Agreement (Markel Corp)

The Agent in its Individual Capacity. With respect to its Commitment, ------------------------------------ the Loans made by it and the Note or Notes issued to it, the Agent in its individual capacity and not as Agent shall have the same rights and powers under the Credit Documents as any other Lender and may exercise the same as though it were not performing the agency duties specified herein; and the terms "Lenders," "Required Lenders," "holders of Notes" and any similar terms shall, unless the context clearly otherwise indicates, include the Agent in its individual capacity. The Agent and its Affiliates may accept deposits from, lend money to, make investments in, and generally engage in any kind of banking, trust, financial advisory or other business with the Borrower, Holdings, any of their its Subsidiaries or any of their respective Affiliates as if the Agent were not performing the agency duties specified herein, and may accept fees and other consideration from any of them for services in connection with this Agreement and otherwise without having to account for the same to the Lenders.

Appears in 2 contracts

Sources: Credit Agreement (Tel Save Holdings Inc), Credit Agreement (Orthalliance Inc)

The Agent in its Individual Capacity. With respect to its Commitmentobligation to lend under this Credit Agreement, ------------------------------------ the Loans made by it and the Note or Notes issued to it, and its participation in Letters of Credit, the Agent in its individual capacity and not as Agent shall have the same rights and powers under the Credit Documents hereunder as any other Lender or holder of a Note or participation interests and may exercise the same as though it were was not performing the agency duties specified herein; and the terms "Lenders," "Required Majority Lenders," "holders of Notes," and or any similar terms shall, unless the context clearly otherwise indicates, include the Agent in its individual capacity. The Agent and its Affiliates may accept deposits from, lend money to, make investments acquire equity interests in, and generally engage in any kind of banking, trust, financial advisory or other business with the Borrower, Holdings, any of their Subsidiaries Borrower or any Affiliate of their respective Affiliates any Borrower as if the Agent it were not performing the agency duties specified herein, and may accept fees and other consideration from any of them Borrower for services in connection with this Credit Agreement and otherwise without having to account for the same to the LendersLenders or any Issuing Bank.

Appears in 2 contracts

Sources: Credit Agreement (Wellman Inc), Credit Agreement (Wellman Inc)

The Agent in its Individual Capacity. With respect to its Commitmentobligation to lend under this Agreement, ------------------------------------ the Loans Loan made by it and the Note or Notes issued to it, the Agent in its individual capacity and not as Agent shall have the same rights and powers under the Credit Documents hereunder as any other Lender or holder of a Note and may exercise the same as though it were not performing the agency duties of Agent specified herein; and the terms "Lenders," "Required Lenders," "holders of Notes," and or any similar terms shall, unless the context clearly otherwise indicates, include the Agent in its individual capacity. The Agent and its Affiliates may accept deposits from, lend money to, make investments in, and generally engage in any kind of banking, trust, financial advisory or other business with the Borrower, Holdings, any of their its Subsidiaries or any Affiliate of their respective Affiliates the Borrower as if the Agent it were not performing the agency duties specified hereinherein as Agent, and may accept fees and other consideration from any of them the Borrower and/or its Subsidiaries for services in connection with this Agreement and otherwise without having to account for the same to the Lenders.

Appears in 1 contract

Sources: Credit Agreement (Insituform Technologies Inc)

The Agent in its Individual Capacity. With respect to its Commitmentobligation to lend under this Agreement, ------------------------------------ the Loans made by it and the Note or Notes issued to it, and its participation in Letters of Credit, the Agent in its individual capacity and not as Agent shall have the same rights and powers under the Credit Documents hereunder as any other Lender or holder of a Note or participation interests and may exercise the same as though it were was not performing the agency duties specified herein; and the terms "Lenders," "Required ” “Majority Lenders," "” “holders of Notes" and ,” or any similar terms shall, unless the context clearly otherwise indicates, include the Agent in its individual capacity. The Agent and its Affiliates may accept deposits from, lend money to, make investments acquire equity interests in, and generally engage in any kind of banking, trust, financial advisory or other business with the Borrower, Holdings, any of their Subsidiaries Borrower or any Affiliate of their respective Affiliates the Borrower as if the Agent it were not performing the agency duties specified herein, and may accept fees and other consideration from any of them the Borrower for services in connection with this Agreement and otherwise without having to account for the same to the LendersLenders or any Issuing Bank.

Appears in 1 contract

Sources: Post Petition Credit Agreement (Dan River Inc /Ga/)

The Agent in its Individual Capacity. With respect to its Commitment, ------------------------------------ the Loans made by it, the Letters of Credit issued or participated in by it and the Note or Notes issued to it, the Agent in its individual capacity and not as Agent shall have the same rights and powers under the Credit Loan Documents as any other Lender and may exercise the same as though it were not performing the agency duties specified herein; and the terms "Lenders," "Required Lenders," "holders of Notes" and any similar terms shall, unless the context clearly otherwise indicates, include the Agent in its individual capacity. The Agent and its Affiliates may accept deposits from, lend money to, make investments in, and generally engage in any kind of banking, trust, financial advisory or other business with the Borrower, Holdings, any of their its Subsidiaries or any of their respective Affiliates as if the Agent were not performing the agency duties specified herein, and may accept fees and other consideration from any of them for services in connection with this Agreement and otherwise without having to account for the same to the Lenders.

Appears in 1 contract

Sources: Credit Agreement (Western National Corp)

The Agent in its Individual Capacity. With respect to its Commitment, ------------------------------------ the Loans made by it, the Letters of Credit issued or participated in by it and the Note or Notes issued to it, the Agent in its individual capacity and not as Agent shall have the same rights and powers under the Credit Documents as any other Lender and may exercise the same as though it were not performing the agency duties specified herein; and the terms "Lenders," "” “Required Lenders," "” “holders of Notes" and any similar terms shall, unless the context clearly otherwise indicates, include the Agent in its individual capacity. The Agent and its Affiliates may accept deposits from, lend money to, make investments in, and generally engage in any kind of banking, trust, financial advisory or other business with the Borrower, Holdings, any of their its Subsidiaries or any of their respective Affiliates as if the Agent were not performing the agency duties specified herein, and may accept fees and other consideration from any of them for services in connection with this Agreement and otherwise without having to account for the same to the Lenders.

Appears in 1 contract

Sources: Credit Agreement (Old Dominion Freight Line Inc/Va)

The Agent in its Individual Capacity. With respect to its Commitmentobligation to lend under this Credit Agreement, ------------------------------------ the Loans made by it and the Note or Notes issued to it, the Agent and its participation in its individual capacity and not as Letters of Credit, each Agent shall have the same rights and powers under the Credit Documents hereunder as any other Lender or holder of a Note or participation interests and may exercise the same as though it were was not performing the agency duties specified herein; and the terms "Lenders," "Required Majority Lenders," "holders of Notes," and or any similar terms shall, unless the context clearly otherwise indicates, include the Agent in its individual capacity. The Agent Agents, and its Affiliates their Affiliates, may accept deposits from, lend money to, make investments acquire equity interests in, and generally engage in any kind of banking, trust, financial advisory or other business with the Borrower, Holdings, any of their Subsidiaries Borrower or any Affiliate of their respective Affiliates any Borrower as if the Agent it were not performing the agency duties specified herein, and may accept fees and other consideration from any of them Borrower for services in connection with this Credit Agreement and otherwise without having to account for the same to the LendersLenders or any Issuing Bank.

Appears in 1 contract

Sources: Credit Agreement (Grant Prideco Inc)

The Agent in its Individual Capacity. With respect to its Commitmentobligation to lend under this Credit Agreement, ------------------------------------ the Loans made by it and the Note or Notes issued to it, and its participation in Letters of Credit, the Agent in its individual capacity and not as Agent shall have the same rights and powers under the Credit Documents hereunder as any other Lender or holder of a Note or participation interests and may exercise the same as though it were was not performing the agency duties specified herein; and the terms "Lenders," "Required ” “Majority Lenders," "” “holders of Notes" and ,” or any similar terms shall, unless the context clearly otherwise indicates, include the Agent in its individual capacity. The Agent and its Affiliates may accept deposits from, lend money to, make investments acquire equity interests in, and generally engage in any kind of banking, trust, financial advisory or other business with the Borrower, Holdings, any of their Subsidiaries Borrower or any Affiliate of their respective Affiliates any Borrower as if the Agent it were not performing the agency duties specified herein, and may accept fees and other consideration from any of them Borrower for services in connection with this Credit Agreement and otherwise without having to account for the same to the LendersLenders or any Issuing Bank.

Appears in 1 contract

Sources: Credit Agreement (Wellman Inc)

The Agent in its Individual Capacity. With respect to its Commitmentobligation as a Lender to lend under this Agreement, ------------------------------------ the Loans made by it and the Note or Notes issued to it, the Agent in its individual capacity and not as Agent shall have the same rights and powers under the Credit Documents hereunder as any other Lender or holder of a Note and may exercise the same as though it were not performing the agency duties of the Agent specified herein; and the terms "Lenders," "Required Lenders," "holders of Notes," and or any similar terms shall, unless the context clearly otherwise indicates, include the Agent in its individual capacity. The Agent and its Affiliates affiliates may accept deposits from, lend money to, make investments into (unless expressly prohibited by the terms of this Agreement), and generally engage in any kind of banking, trust, financial advisory or other business with the Borrower, Holdings, any of their Subsidiaries or any of their respective Affiliates Borrower as if the Agent it were not performing the agency duties specified hereinherein as the Agent, and may accept fees and other consideration from any of them the Borrower for services in connection with this Agreement and otherwise without having to account for the same to the Lenders.

Appears in 1 contract

Sources: Credit Agreement (National Health Realty Inc)

The Agent in its Individual Capacity. With respect to its Commitmentobligation to lend under this Agreement, ------------------------------------ the Revolving Loans made by it and the Note or Revolving Credit Notes issued to it, the Agent in its individual capacity and not as Agent shall have the same rights and powers under the Credit Documents hereunder as any other Lender or holder of a Revolving Credit Note and may exercise the same as though it were not performing the agency duties of Agent specified herein; and the terms "Lenders," "Required Lenders," "holders of Revolving Credit Notes," and or any similar terms shall, unless the context clearly otherwise indicates, include the Agent in its individual capacity. The Agent and its Affiliates may accept deposits from, lend money to, make investments in, and generally engage in any kind of banking, trust, financial advisory or other business with the Borrower, Holdings, any of their Subsidiaries Consolidated Companies or any Affiliate of their respective Affiliates the Consolidated Companies as if the Agent it were not performing the agency duties specified hereinherein as Agent, and may accept fees and other consideration from any of them the Consolidated Companies for services in connection with this Agreement and otherwise without having to account for the same to the Lenders.

Appears in 1 contract

Sources: Credit Agreement (Nelson Thomas Inc)

The Agent in its Individual Capacity. With respect to its Commitmentobligation to lend under this Credit Agreement, ------------------------------------ the Loans made by it and the Note or Notes issued to it, and its participation in Letters of Credit, the Agent in its individual capacity and not as Agent shall have the same rights and powers under the Credit Documents hereunder as any other Lender or holder of a Note or participation interests and may exercise the same as though it were was not performing the agency duties specified herein; and the terms "Lenders," "Required Majority Lenders," "holders of Notes," and or any similar terms shall, unless the context clearly otherwise indicates, include the Agent in its individual capacity. The Agent and its Affiliates may accept deposits from, lend money to, make investments acquire equity interests in, and generally engage in any kind of banking, trust, financial advisory or other business with the Borrower, Holdings, any of their Subsidiaries Borrower or any Affiliate of their respective Affiliates any Borrower as if the Agent it were not performing the agency duties specified herein, and may accept fees and other consideration from any of them Borrower for services in connection with this Credit Agreement and otherwise without having to account for the same to the LendersLenders or any Issuing Lender.

Appears in 1 contract

Sources: Credit Agreement (Bway Corp)