Common use of Federal Reserve Bank Clause in Contracts

Federal Reserve Bank. Notwithstanding the foregoing provisions of this Section 11, any Bank may at any time pledge or assign all or any portion of such Bank's rights under this Agreement and the other Loan Documents to a Federal Reserve Bank; provided, however, that no such pledge or assignment shall release such Bank from such Bank's obligations hereunder or under any other Loan Document.

Appears in 5 contracts

Samples: Credit Agreement (Energy Transfer Partners Lp), Credit Agreement (Heritage Propane Partners L P), Credit Agreement (Energy Transfer Partners Lp)

AutoNDA by SimpleDocs

Federal Reserve Bank. Notwithstanding the foregoing provisions of this Section 11, any Bank may at any time pledge or assign all or any portion of such Bank's rights under this Agreement and the other Loan Documents to a Federal Reserve Bank; providedPROVIDED, howeverHOWEVER, that no such pledge or assignment shall release such Bank from such Bank's obligations hereunder or under any other Loan Document.

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Equity Compression Services Corp)

AutoNDA by SimpleDocs

Federal Reserve Bank. Notwithstanding the foregoing provisions of this Section 11, any Bank may at any time pledge or assign all or any portion of such Bank's ’s rights under this Agreement and the other Loan Documents to a Federal Reserve Bank; provided, however, that no such pledge or assignment shall release such Bank from such Bank's ’s obligations hereunder or under any other Loan Document.

Appears in 1 contract

Samples: Credit Agreement (Energy Transfer Partners, L.P.)

Time is Money Join Law Insider Premium to draft better contracts faster.