Common use of Pledge by Lender Clause in Contracts

Pledge by Lender. Notwithstanding any other provision set forth in this Agreement, any Lender may at any time create a security interest in all or any portion of its rights under this Agreement (including, without limitation, the Advances owing to it and the Note or Notes held by it, if any), including in favor of any Federal Reserve Bank in accordance with Regulation A of the Board of Governors of the Federal Reserve System or the central bank of any country in which such Lender is organized. No such pledge or the enforcement thereof shall release the pledgor Lender from its obligations hereunder or under any of the other Loan Documents.

Appears in 4 contracts

Samples: Term Loan Agreement (CoreSite Realty Corp), Term Loan Agreement (CoreSite Realty Corp), Term Loan Agreement (CoreSite Realty Corp)

AutoNDA by SimpleDocs

Pledge by Lender. Notwithstanding any other provision set forth in this Agreement, any the Lender may at any time create a security interest in in, or pledge, all or any portion of its rights under and interest in this Agreement (including, without limitation, the Advances owing to it and the Note or Notes held by it, if any), including in favor of any Federal Reserve Bank in accordance with Regulation A of the Board of Governors of the FRB or U.S. Treasury Regulation 31 CFR Section 203.14, and such Federal Reserve System or the central bank of any country in which such Lender is organized. No Bank may enforce such pledge or the enforcement thereof shall release the pledgor Lender from its obligations hereunder or security interest in any manner permitted under any of the other Loan Documentsapplicable law.

Appears in 1 contract

Samples: Loan and Security Agreement (Cerprobe Corp)

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