Common use of Federal Reserve Bank Clause in Contracts

Federal Reserve Bank. Notwithstanding anything to the contrary contained herein, Lender may at any time pledge or assign all or any portion of Lender’s rights under this Agreement and the other Loan Documents to a Federal Reserve bank; provided, however, that no such pledge or assignment shall release the Lender from Lender’s obligations hereunder or any other Loan Documents.

Appears in 2 contracts

Samples: Loan and Security Agreement (Smith & Wesson Holding Corp), Loan Agreement (Mestek Inc)

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Federal Reserve Bank. Notwithstanding anything to the contrary contained herein, The Lender may at any time pledge or assign all or any portion of the Lender’s 's rights under this Agreement and the other Loan Documents to a Federal Reserve bank; provided, however, that no such pledge or assignment shall release the Lender from form the Lender’s 's obligations hereunder or any other Loan DocumentsDocument.

Appears in 1 contract

Samples: Loan and Consignment Agreement (Rosecap Inc/Ny)

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Federal Reserve Bank. Notwithstanding anything to the contrary contained herein, Lender may at any time pledge or assign all or any portion of Lender’s 's rights under this Agreement and the other Loan Documents to a Federal Reserve bankBank; provided, however, that no such pledge or assignment shall release the Lender from Lender’s 's obligations hereunder or under any other Loan Documents.

Appears in 1 contract

Samples: Loan Agreement (Smith & Wesson Holding Corp)

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