Common use of Pledge to Federal Reserve Bank Clause in Contracts

Pledge to Federal Reserve Bank. The Bank may at any time pledge all ------------------------------ or any portion of its rights under the Loan Documents including any portion of the promissory note to any of the twelve (12) Federal Reserve Banks organized under Section 4 of the Federal Reserve Act, 12 U.S.

Appears in 2 contracts

Samples: Revolving Credit and Term Loan Agreement (Hi Tech Pharmacal Co Inc), Revolving Credit and Term Loan Agreement (Hi Tech Pharmacal Co Inc)

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Pledge to Federal Reserve Bank. The Bank may at any time pledge all ------------------------------ or any portion of its rights under the Loan Documents including any portion of the promissory note Notes to any of the twelve (12) Federal Reserve Banks organized under Section 4 of the Federal Reserve Act, 12 U.S.

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Netsmart Technologies Inc)

Pledge to Federal Reserve Bank. The Bank may at any time pledge ------------------------------ all ------------------------------ or any portion of its rights under the Loan Documents including any portion of the promissory note Notes to any of the twelve (12) Federal Reserve Banks organized under Section 4 of the Federal Reserve Act, 12 U.S.

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Netsmart Technologies Inc)

Pledge to Federal Reserve Bank. The Bank may at any time pledge all ------------------------------ or any portion of its rights under the Loan Documents including any portion of the promissory note to any of the twelve (12) Federal Reserve Banks organized under Section 4 of the Federal Reserve Act, 12 U.S.

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Hi Tech Pharmacal Co Inc)

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Pledge to Federal Reserve Bank. The Without limiting the generality of the Bank's rights under Section 8.5, it is hereby agreed that the Bank may at any time pledge all ------------------------------ or any portion of its rights under the Loan Documents Financing Documents, including all or any portion of any or all of the promissory note Notes, to any of the twelve (12) Federal Reserve Banks organized under Section 4 of the Federal Reserve Act, 12 U.S.

Appears in 1 contract

Samples: Credit and Security Agreement (Astrex Inc)

Pledge to Federal Reserve Bank. The Bank may at any time pledge all ------------------------------ or any portion of its rights under the Loan Documents Credit Documents, including any portion of the promissory note Notes, to any of the twelve (12) Federal Reserve Banks Bank organized under Section 4 of the Federal Reserve Act, 12 U.S.U.S.C. Section 341.

Appears in 1 contract

Samples: Credit Agreement (Loislaw Com Inc)

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