Common use of Assignments to Federal Reserve Bank Clause in Contracts

Assignments to Federal Reserve Bank. In addition to the assignments permitted above, any Lender may assign and pledge all or any portion of its Loans and 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 such assignment shall release the assigning Lender from its obligations and duties hereunder or under the other Loan Documents.

Appears in 4 contracts

Samples: Rti International Metals Inc, Pitt Des Moines Inc, Rmi Titanium Co

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Assignments to Federal Reserve Bank. In addition to the ----------------------------------- assignments permitted above, any Lender may assign and pledge all or any portion of its Loans and 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 such assignment shall release the assigning Lender from its obligations and duties hereunder or under the other Loan Documents.

Appears in 3 contracts

Samples: Credit Agreement (Mastech Corp), Credit Agreement (Igate Capital Corp), Assignment and Assumption Agreement (Carbide Graphite Group Inc /De/)

Assignments to Federal Reserve Bank. In addition to ----------------------------------- the assignments permitted above, any Lender may assign and pledge all or any portion of its Loans and 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 such assignment shall release the assigning Lender from its obligations and duties hereunder or under the other Loan Documents.

Appears in 1 contract

Samples: Credit Agreement (Spectrum Control Inc)

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Assignments to Federal Reserve Bank. In addition to the assignments permitted above, any Any Lender may at any time (without obtaining the consent of Agent or any other Person) assign and pledge all or any portion of its Loans rights and obligations under this Agreement and the Notes to any Federal Reserve Bank or the United States Treasury 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 such assignment shall release the assigning Lender from its obligations and duties hereunder or under the other Loan Documentshereunder.

Appears in 1 contract

Samples: Credit Agreement (NRG Generating U S Inc)

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