Federal Reserve Bank. Nothing herein stated shall limit the right of any Bank to assign a security interest in all or any portion of its rights herein and in any Note to a Federal Reserve Bank; provided that no such assignment of a security interest shall release a Bank from any of its obligations hereunder or substitute any such assignee for such Bank as a party hereto.
Appears in 8 contracts
Samples: Credit Agreement (Otter Tail Corp), Credit Agreement (Otter Tail Corp), Credit Agreement (Otter Tail Corp)
Federal Reserve Bank. Nothing herein stated shall limit the right of any Bank to assign a security interest in all or any portion of its rights herein and in any Note to secure obligations of such Bank, including any pledge or assignment to secure obligations to a Federal Reserve Bank; provided that no such assignment of a security interest shall release a Bank from any of its obligations hereunder or substitute any such assignee for such Bank as a party hereto.
Appears in 2 contracts
Samples: Term Loan Agreement (Otter Tail Corp), Term Loan Agreement (Otter Tail Corp)
Federal Reserve Bank. Nothing herein stated shall limit the right of any the Bank to assign a security interest in all or any portion of its rights herein and in any the Note to a Federal Reserve Bank; provided that no such assignment of a security interest shall release a the Bank from any of its obligations hereunder or substitute any such assignee for such the Bank as a party hereto.
Appears in 1 contract
Samples: Credit Agreement (Otter Tail Corp)
