Common use of PLEDGES TO FEDERAL RESERVE BANKS Clause in Contracts

PLEDGES TO FEDERAL RESERVE BANKS. Nothing included in this Agreement shall prevent or limit any , to the extent that such is subject to any of the twelve Federal Reserve Banks organized under §4 of the Federal Reserve Act (12 U.S.C. §341) from pledging all or any portion of that Lender’s interest and rights under this Agreement, provided, however, neither such pledge nor the enforcement thereof shall release the pledging from its obligations hereunder or under any of the Loan Documents.

Appears in 1 contract

Samples: Loan and Security Agreement (Bakers Footwear Group Inc)

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PLEDGES TO FEDERAL RESERVE BANKS. Nothing included in this Agreement shall prevent or limit any the Lender, to the extent that such the Lender is subject to any of the twelve Federal Reserve Banks organized under §4 of the Federal Reserve Act (12 U.S.C. §341) from pledging all or any portion of that Lender’s interest and rights under this Agreement, provided, however, neither such pledge nor the enforcement thereof shall release the pledging Lender from any of its obligations hereunder or under any of the Loan Documents.

Appears in 1 contract

Samples: Loan and Security Agreement (Redenvelope Inc)

PLEDGES TO FEDERAL RESERVE BANKS. Nothing included in this Agreement shall prevent or limit any the Lender, to the extent that such the Lender is subject to any of the twelve Federal Reserve Banks organized under §4 of the Federal Reserve Act (12 U.S.C. §341) from pledging all or any portion of that Lender’s interest and rights under this Agreement, ; provided, however, neither such pledge nor the enforcement thereof shall release the pledging Lender from any of its obligations hereunder or under any of the Loan Documents.

Appears in 1 contract

Samples: Loan and Security Agreement (Dreams Inc)

PLEDGES TO FEDERAL RESERVE BANKS. Nothing included in this Agreement shall prevent or limit any Term Lender, to the extent that such Term Lender is subject to any of the twelve Federal Reserve Banks organized under §4 of the Federal Reserve Act (12 U.S.C. §341) from pledging all or any portion of that Term Lender’s interest and rights under this Agreement, ; provided, however, neither such pledge nor the enforcement thereof shall release the pledging Term Lender from any of its obligations hereunder or under any of the Loan Documents.

Appears in 1 contract

Samples: Term Loan and Security Agreement (Destination Xl Group, Inc.)

PLEDGES TO FEDERAL RESERVE BANKS. Nothing included in this Agreement shall prevent or limit any the Lender, to the extent that such the Lender is subject to any of the twelve Federal Reserve Banks organized under §4 of the Federal Reserve Act (12 U.S.C. §341) from pledging all or any portion of that Lender’s Xxxxxx's interest and rights under this Agreement, provided, however, neither such pledge nor the enforcement thereof shall release the pledging the Lender from any of its obligations hereunder or under any of the Loan Documents. 14.17.

Appears in 1 contract

Samples: Agreement (Golf Galaxy, Inc.)

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PLEDGES TO FEDERAL RESERVE BANKS. Nothing included in this Agreement shall prevent or limit any Lender, to the extent that such Lender is subject to any of the twelve Federal Reserve Banks organized under §4 ss.4 of the Federal Reserve Act (12 Act(12 U.S.C. §341) ss.341), from pledging all or any portion of that Lender’s 's interest and rights under this AgreementAgreement to any such Federal Reserve Bank, provided, however, that neither such pledge nor the enforcement thereof shall release the pledging Lender from its obligations hereunder or under any of the Loan Documents.. ARTICLE

Appears in 1 contract

Samples: Loan and Security Agreement (Lechters Inc)

PLEDGES TO FEDERAL RESERVE BANKS. Nothing included in this Agreement shall prevent or limit any , to the extent that such is subject to any of the twelve Federal Reserve Banks organized under §Section 4 of the Federal Reserve Act (12 U.S.C. §Section 341) from pledging all or any portion of that Lender’s 's interest and rights under this Agreement, provided, however, neither such pledge nor the enforcement thereof shall release the pledging from its obligations hereunder or under any of the Loan Documents.

Appears in 1 contract

Samples: Loan and Security Agreement (Harrys Farmers Market Inc)

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