Common use of Assignments to Federal Reserve Bank Clause in Contracts

Assignments to Federal Reserve Bank. Any Lender at any time may assign all or any portion of its rights under this Agreement, its Term Loan Note and/or its Revolving Credit Note to a Federal Reserve Bank. No such assignment shall release the transferor Lender from its obligations hereunder.

Appears in 3 contracts

Samples: Credit Agreement (American Skiing Co /Me), And Consolidated Credit Agreement (American Skiing Co /Me), Credit Agreement (American Skiing Co /Me)

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Assignments to Federal Reserve Bank. Any Lender may at any time may assign all or any portion of its rights under this Agreement, its Term Loan including without limitation any Loans owing to it and any Note and/or its Revolving Credit Note held by it, to a Federal Reserve Bank. No such assignment shall release relieve the transferor Lender from any of its obligations hereunder.

Appears in 2 contracts

Samples: Credit Agreement (Kennametal Inc), Agreement (Primark Corp)

Assignments to Federal Reserve Bank. Any The Lender may at any time may assign all or any portion of its rights under this Agreement, its Term including without limitation the Loan owing to it, and the Note and/or its Revolving Credit Note held by it to a Federal Reserve Bank. No such assignment shall release relieve the transferor Lender from its obligations hereunder.

Appears in 1 contract

Samples: Term Loan Agreement (Hardinge Inc)

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Assignments to Federal Reserve Bank. Any Lender may at any time may assign all or any portion of its rights under this Agreement, its Term Loan Note and/or its Revolving Credit Note to a Federal Reserve Bank. No such assignment shall release relieve the transferor Lender from any of its obligations hereunder.

Appears in 1 contract

Samples: Credit Agreement (Primark Corp)

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