Common use of Certain Pledges; Successors and Assigns Generally Clause in Contracts

Certain Pledges; Successors and Assigns Generally. Any Bank may at any time pledge or assign a security interest in all or any portion of its rights under this Agreement to secure obligations of such Bank, including any pledge or assignment to secure obligations to a Federal Reserve Bank; provided that no such pledge or assignment shall release such Bank from any of its obligations hereunder or substitute any such pledgee or assignee for such Bank as a party hereto.

Appears in 15 contracts

Samples: Credit Agreement (Triumph Group Inc), Credit Agreement (Triumph Group Inc), Revolving Credit Facility (Big Lots Inc)

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Certain Pledges; Successors and Assigns Generally. Any The Bank may at any time pledge or assign a security interest in all or any portion of its rights under this Agreement to secure obligations of such Bankits obligations, including any pledge or assignment to secure obligations to a Federal Reserve Bank; provided that no such pledge or assignment shall release such the Bank from any of its obligations hereunder or substitute any such pledgee or assignee for such Bank as a party hereto.any

Appears in 1 contract

Samples: Letter of Credit Facility Agreement (Cincinnati Financial Corp)

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Certain Pledges; Successors and Assigns Generally. Any The Bank may at any time pledge or assign a security interest in all or any portion of its rights under this Agreement to secure obligations of such Bankits obligations, including any pledge or assignment to secure obligations to a Federal Reserve Bank; provided that no such pledge or assignment shall release such the Bank from any of its obligations hereunder or substitute any such pledgee or assignee for such the Bank as a party hereto.

Appears in 1 contract

Samples: Letter of Credit Facility Agreement (Cincinnati Financial Corp)

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