Collateral Agent Individually Clause Samples
The 'Collateral Agent Individually' clause defines the rights and responsibilities of the collateral agent when acting in its own capacity, separate from its role as an agent for the lenders or other secured parties. In practice, this means that the collateral agent may have its own interests in the transaction, such as being a lender itself, and any actions it takes on its own behalf are distinct from those taken as a representative of the group. This clause clarifies potential conflicts of interest and ensures that the collateral agent's individual actions are not automatically attributed to its agency role, thereby promoting transparency and preventing misunderstandings among the parties involved.
Collateral Agent Individually. Collateral Agent and its Affiliates may make loans and other extensions of credit to, acquire stock and stock equivalents of, engage in any kind of business with, Borrower or any Affiliate of Borrower as though it were not acting as Collateral Agent and may receive separate fees and other payments therefor. To the extent Collateral Agent or any of its Affiliates makes any Term Loans or otherwise becomes a Lender hereunder, it shall have and may exercise the same rights and powers hereunder and shall be subject to the same obligations and liabilities as any other Lender and the terms “Lender”, “Required Lender” and any similar terms shall, except where otherwise expressly provided in any Loan Document, include, without limitation, Collateral Agent or such Affiliate, as the case may be, in its individual capacity as Lender, or as one of the Required Lenders.
Collateral Agent Individually. To the extent Collateral Agent or any of its Affiliates becomes a Lender hereunder, it shall have and may exercise the same rights and powers hereunder and shall be subject to the same obligations and liabilities as any other Lender and the terms “Lender”, “Required Lender” and any similar terms shall, except where otherwise expressly provided in any Loan Document, include, without limitation, Collateral Agent or such Affiliate, as the case may be, in its individual capacity as Lender, or as one of the Required Lenders.
Collateral Agent Individually. YA II PN, Ltd. may make loans to and provide credit for the account of and generally engage in any kind of banking, trust, financial advisory, underwriting or other business with the Company and its Subsidiaries and any Affiliate thereof as though YA II PN, Ltd. were not Collateral Agent hereunder and without notice to or consent of any Buyer. Each of the Buyer and each other Secured Party acknowledges that, pursuant to such activities, YA II PN, Ltd. and its Affiliates may receive information regarding the Company and its Subsidiaries and Affiliates, and acknowledge that the Collateral Agent shall be under no obligation to provide such information to them.
Collateral Agent Individually. The Collateral Agent and its Affiliates may make loans and other extensions of credit to, acquire stock and stock equivalents of, and engage in any kind of business with, any Party or Affiliate thereof as though it were not acting as the Collateral Agent and may receive separate fees and other payments therefor.
Collateral Agent Individually. ▇▇▇▇▇▇ Bay PH XVI Ltd. may make loans to and provide credit for the account of and generally engage in any kind of banking, trust, financial advisory, underwriting or other business with the Company and its Subsidiaries and any Affiliate thereof as though ▇▇▇▇▇▇ Bay PH XVI Ltd. were not Collateral Agent hereunder and without notice to or consent of any Buyer. Each of the Buyers and each other Secured Party acknowledges that, pursuant to such activities, ▇▇▇▇▇▇ Bay PH XVI Ltd. and its Affiliates may receive information regarding the Company and its Subsidiaries and Affiliates, and acknowledge that the Collateral Agent shall be under no obligation to provide such information to them.
Collateral Agent Individually. The Collateral Agent and its Affiliates may make loans and other extensions of credit to, acquire equity interests of, engage in any kind of business with, any Issuer Party or Affiliate thereof as though it were not acting as the Collateral Agent and may receive separate fees and other payments therefor. To the extent the Collateral Agent or any of its Affiliates becomes a holder hereunder, it shall have and may exercise the same rights and powers hereunder and shall be subject to the same obligations and liabilities as any other holder and the terms “holder”, “Required Holder”, and any similar terms shall, except where otherwise expressly provided in this Agreement or any other Note Document, include the Collateral Agent or such Affiliate, as the case may be, in its individual capacity as holder or one of the Required Holders, respectively.
Collateral Agent Individually. The Collateral Agent, in its capacity as a Lender, shall have and may exercise the same rights and powers hereunder and is subject to the same obligations and liabilities as and to the extent set forth herein for any other Lender. The Collateral Agent may lend money to the Company or the Parent as if it were not acting as Collateral Agent pursuant hereto.
Collateral Agent Individually. With respect to its Pro Rata Share of the Total Commitment hereunder and the Loans made by it, the Collateral Agent shall have and may exercise the same rights and powers hereunder and is subject to the same obligations and liabilities as and to the extent set forth herein for any other Lender or maker of a Loan. The terms "
Collateral Agent Individually. With respect to any Note issued to or held by it, the Collateral Agent shall have and may exercise the same rights and powers hereunder and is subject to the same obligations and liabilities as and to the extent set forth herein for any other Purchaser or holder of a Note. The terms "Purchaser" or "holders of Notes" or any similar terms shall, unless the context clearly otherwise indicates, not exclude the Collateral Agent in its individual capacity as a Purchaser or holder of a Note. The Collateral Agent may accept deposits from, lend money to, and generally engage in any kind of banking, trust or other business with any Loan Party or any of its Subsidiaries as if it were not acting pursuant hereto, and may accept fees and other consideration from any Loan Party or any of its Subsidiaries for services as Collateral Agent in connection with the Loan Documents and for services otherwise than as the Collateral Agent without having to account for the same to the Purchasers.
Collateral Agent Individually. Collateral Agent and its affiliates may make loans and other extensions of credit to, acquire equity interests and equity interest equivalents of, engage in any kind of business with, Grantor or any affiliate of Grantor as though it were not acting as Collateral Agent and may receive separate fees and other payments therefor. To the extent Collateral Agent or any of its affiliates makes the Term Loan or otherwise becomes a Secured Party hereunder, it shall have and may exercise the same rights and powers hereunder and shall be subject to the same obligations and liabilities as any other Secured Party and the terms “Secured Party”, “Required Secured Party” and any similar terms shall, except where otherwise expressly provided in any Transaction Document, include, without limitation, Collateral Agent or such affiliate, as the case may be, in its individual capacity as Secured Party, or as one of the Required Secured Parties.