Common use of Assignment as Security Clause in Contracts

Assignment as Security. Nothing herein shall prohibit any Bank from pledging or assigning all or part of its rights under this Agreement and the other Loan Documents to any Person, including, without limitation, to any Federal Reserve Bank in accordance with applicable law.

Appears in 3 contracts

Sources: Revolving Credit Agreement (Solventum Corp), Delayed Draw Term Loan Agreement (Solventum Corp), Credit Agreement (3m Co)