Common use of Assignments to Federal Reserve Banks Clause in Contracts

Assignments to Federal Reserve Banks. In addition to the assignments and participations permitted under the foregoing provisions of this Section 8.1, any Lender may assign and pledge all or any portion of its Loans and the other Obligations owed to such Lender to any Federal Reserve Bank as collateral security pursuant to Regulation A of the Board of Governors of the Federal Reserve System and any operating circular issued by such Federal Reserve Bank. No Lender shall, as between Borrower and such Lender, be relieved of any of its obligations hereunder as a result of any such assignment and pledge.

Appears in 3 contracts

Samples: Senior Secured Revolving Credit Agreement (Corporate Office Properties Trust), Assignment Agreement (Corporate Office Properties Trust), Credit Agreement (Corporate Office Properties Trust)

AutoNDA by SimpleDocs

Assignments to Federal Reserve Banks. In addition to the assignments and participations permitted under the foregoing provisions of this Section 8.1subsection 10.1, any Lender may assign and pledge all or any portion of its Loans and Loans, the other Obligations owed to such Lender Lender, and its Note to any Federal Reserve Bank as collateral security pursuant to Regulation A of the Board of Governors of the Federal Reserve System and any operating circular issued by such Federal Reserve Bank. No ; provided that (i) no Lender shall, as between Borrower Company and such Lender, be -------- relieved of any of its obligations hereunder as a result of any such assignment and pledge.pledge and

Appears in 2 contracts

Samples: Credit Agreement (Varco International Inc), Credit Agreement (Varco International Inc)

Assignments to Federal Reserve Banks. In addition to the assignments and participations permitted under the foregoing provisions of this Section 8.1subsection 9.1, any Lender may assign and pledge all or any portion of its Loans and the other Obligations owed to such Lender to any Federal Reserve Bank as collateral security pursuant to Regulation A of the Board of Governors of the Federal Reserve System and any operating circular issued by such Federal Reserve Bank. No Lender shall, as between the Borrower and such Lender, be relieved of any of its obligations hereunder as a result of any such assignment and pledge.

Appears in 2 contracts

Samples: Senior Secured Revolving Credit Agreement (Capstar Hotel Co), Senior Subordinated Credit Agreement (Capstar Hotel Co)

Assignments to Federal Reserve Banks. In addition to the assignments and participations permitted under the foregoing provisions of this Section 8.1subsection 10.1, any Lender may assign and pledge all or any portion of its Loans and Loans, the other Obligations owed to such Lender and its Notes to any Federal Reserve Bank as collateral security pursuant to Regulation A of the Board of Governors of the Federal Reserve System and any operating circular issued by such Federal Reserve Bank. No Lender shall, as between Borrower Company and such Lender, be relieved of any of its obligations hereunder as a result of any such assignment and pledge.

Appears in 1 contract

Samples: Credit Agreement (Granite Broadcasting Corp)

Assignments to Federal Reserve Banks. In addition to the assignments and participations permitted under the foregoing provisions of this Section subsection 8.1, any Lender may assign and pledge all or any portion of its Loans and the other Obligations owed to such Lender to any Federal Reserve Bank as collateral security pursuant to Regulation A of the Board of 150 162 Governors of the Federal Reserve System and any operating circular issued by such Federal Reserve Bank. No Lender shall, as between Borrower the Company and such Lender, be relieved of any of its obligations hereunder as a result of any such assignment and pledge.

Appears in 1 contract

Samples: Credit Agreement (Prime Hospitality Corp)

Assignments to Federal Reserve Banks. In addition to the assignments and participations permitted under the foregoing provisions of this Section 8.1subsection 10.1, any Lender may assign and pledge all or any portion of its Loans and Loans, the other Obligations owed to such Lender and its Notes to any Federal Reserve Bank as collateral security pursuant to Regulation A of the Board of Governors of the Federal Reserve System and any operating circular issued by such Federal Reserve Bank. No Lender shall, as between Borrower Company and such Lender, be relieved of any of its obligations hereunder as a result of any such assignment and pledge.. 134

Appears in 1 contract

Samples: Credit Agreement (Granite Broadcasting Corp)

Assignments to Federal Reserve Banks. In addition to the assignments and participations permitted under the foregoing provisions of this Section 8.1subsection 10.1, any Lender may assign and pledge all or any portion of its Loans and the other Obligations owed to such Lender hereunder to any Federal Reserve Bank as collateral security pursuant to Regulation A of the Board of Governors of the Federal Reserve System and any operating circular issued by such Federal Reserve Bank. No ; provided that (i) no Lender shall, as between Borrower Company and such Lender, be relieved of any of its obligations hereunder as a result of any such assignment and pledge.pledge and

Appears in 1 contract

Samples: Credit Agreement (Covanta Energy Corp)

Assignments to Federal Reserve Banks. In addition to the assignments and participations permitted under the foregoing provisions of this Section 8.1Section, any Lender may assign and pledge all or any portion of its Loans and the other Obligations owed to such Lender to any Federal Reserve Bank as collateral security pursuant to Regulation A of the Board of Governors of the Federal Reserve System and any operating circular issued by such Federal Reserve Bank. No Lender shall, as between Borrower and such Lender, be relieved of any of its obligations hereunder as a result of any such assignment and pledge.

Appears in 1 contract

Samples: Assignment Agreement (Corporate Office Properties Trust)

AutoNDA by SimpleDocs

Assignments to Federal Reserve Banks. In addition to the assignments and participations permitted under the foregoing provisions of this Section 8.1subsection 10.1, any Lender may assign and pledge all or any portion of its Loans and Loans, the other Obligations owed to such Lender and its Note to any Federal Reserve Bank as collateral security pursuant to Regulation A of the Board of Governors of the Federal Reserve System and any operating circular issued by such Federal Reserve Bank. No Lender shall, as between Borrower and such Lender, be relieved of any of its obligations hereunder as a result of any such assignment and pledge.

Appears in 1 contract

Samples: Credit Agreement (Hartmarx Corp/De)

Assignments to Federal Reserve Banks. In addition to the assignments and participations permitted under the foregoing provisions of this Section 8.1subsection 10.1, any Lender may assign and pledge all or any portion of its Loans and the other Obligations owed to such Lender hereunder to any Federal Reserve Bank as collateral security pursuant to Regulation A of the Board of Governors of the Federal Reserve System and any operating circular issued by such Federal Reserve Bank. No ; provided that (i) no Lender shall, as between Borrower Company and such Lender, be relieved of any of its obligations hereunder as a result of any such assignment and pledge.pledge and 126

Appears in 1 contract

Samples: Credit Agreement (Danielson Holding Corp)

Assignments to Federal Reserve Banks. In addition to the assignments and participations permitted under the foregoing provisions of this Section 8.1Section, any Lender may assign and pledge all or any portion of its Loans Loan and the other Obligations owed to such Lender to any Federal Reserve Bank as collateral security pursuant to Regulation A of the Board of Governors of the Federal Reserve System and any operating circular issued by such Federal Reserve Bank. No Lender shall, as between Borrower and such Lender, be relieved of any of its obligations hereunder as a result of any such assignment and pledge.

Appears in 1 contract

Samples: Credit Agreement (Royale Investments Inc)

Assignments to Federal Reserve Banks. In addition to the assignments and participations permitted under the foregoing provisions of this Section 8.111.05, any Lender Bank may assign and pledge all or any portion of its Loans and Loans, the other Obligations owed to such Lender Bank, and its Notes to any Federal Reserve Bank as collateral security pursuant to Regulation A of the Board of Governors of the Federal Reserve System and any operating circular issued by such Federal Reserve Bank. No Lender ; provided that (i) no Bank shall, as between the Borrower and such LenderBank, be relieved of any of its obligations hereunder as a result of any such assignment and pledge.pledge and

Appears in 1 contract

Samples: Credit Agreement (Capstone Pharmacy Services Inc)

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