Continuing Interest. This Agreement shall (a) remain in full force and effect until the Agreement shall terminate pursuant to Section 18 hereof, (b) be binding upon the Pledging Bank, its successors and assigns, and (c) inure, together with the rights and remedies of the Treasurer hereunder, to the benefit of, and be enforceable by, the Treasurer and its successors, transferees and assigns. Without limiting the generality of the foregoing clause (c), the Treasurer may assign or otherwise transfer all or any portion of its rights and obligations under this Agreement or the Collateral to any other Person to the extent and in the manner permitted by applicable law or regulations.
Appears in 4 contracts
Samples: Pledge and Security Agreement, Pledge and Security Agreement, Pledge and Security Agreement
