Pledge to Federal Reserve. Any Lender may at any time pledge all or any portion of its rights under the Loan Documents including any portion of the Notes to any of the twelve (12) Federal Reserve Banks organized under Section 4 of the Federal Reserve Act, 12 U.S.C. Section 341. No such pledge or enforcement thereof shall release such Lender from its obligations under any of the Loan Documents.
Appears in 5 contracts
Samples: Loan Agreement (Dynamics Research Corp), Loan Agreement (Dynamics Research Corp), Loan Agreement (Dynamics Research Corp)
Pledge to Federal Reserve. Any Lender may at any time pledge all or any portion of its rights under the Loan Documents including any portion of the Notes Note to any of the twelve (12) Federal Reserve Banks organized under Section 4 of the Federal Reserve Act, 12 U.S.C. Section 341. No such pledge or enforcement thereof shall release such Lender from its obligations under any of the Loan Documents.
Appears in 3 contracts
Samples: Credit Agreement (Cell Genesys Inc), Credit Agreement (Vertex Pharmaceuticals Inc / Ma), Credit Agreement (Genzyme Transgenics Corp)
Pledge to Federal Reserve. Any Lender The Bank may at any time pledge all or any portion of its rights under the Loan Documents loan documents including any portion of the Notes promissory note to any of the twelve (12) Federal Reserve Banks organized under Section 4 of the Federal Reserve Act, 12 U.S.C. Section 341. No such pledge or enforcement thereof shall release such Lender Bank from its obligations under any of the Loan Documentsloan documents.
Appears in 3 contracts
Samples: Loan Agreement (Integramed America Inc), Loan Agreement (Medis Technologies LTD), Loan Agreement (Integramed America Inc)
Pledge to Federal Reserve. Any Lender The Bank may at any time pledge or assign all or any portion of its rights under the Loan Documents Documents, including any portion of the Notes promissory note, to any of the twelve (12) Federal Reserve Banks organized under Section 4 of the Federal Reserve Act, 12 U.S.C. Section 341. No such pledge or assignment or enforcement thereof shall release such Lender the Bank from its obligations under any of the Loan Documents.
Appears in 2 contracts
Samples: Loan and Security Agreement (Boron Lepore & Associates Inc), Loan and Security Agreement (Teamstaff Inc)
Pledge to Federal Reserve. Any Lender Bank may at any time pledge all or any portion of its rights under the Loan Documents Documents, including any portion of the Notes Notes, to any of the twelve (12) Federal Reserve Banks organized under Section 4 of the Federal Reserve Act, 12 U.S.C. Section 341. No such pledge or enforcement thereof shall release such Lender Bank from its obligations under any of the Loan Documents.
Appears in 2 contracts
Samples: Loan and Security Agreement (Hallwood Group Inc), Stock Pledge and Security Agreement (Hallwood Group Inc)
Pledge to Federal Reserve. Any Lender LENDER may at any time pledge all or any portion of its rights under the Loan Documents including any portion of the Notes REVOLVING NOTE to any of the twelve (12) Federal Reserve Banks organized under Section 4 of the Federal Reserve Act, 12 U.S.C. Section 341. No such pledge or enforcement thereof shall release such Lender LENDER from its obligations under any of the Loan Documents.
Appears in 2 contracts
Samples: Loan and Security Agreement (Cd&l Inc), Loan and Security Agreement (Consolidated Delivery & Logistics Inc)
Pledge to Federal Reserve. Any Lender The Bank may at any time pledge or assign all or any portion of its rights under the Loan Documents [including any portion of the Notes promissory note] to any of the twelve (12) Federal Reserve Banks organized under Section 4 of the Federal Reserve Act, 12 U.S.C. Section 341. No such pledge or assignment or enforcement thereof shall release such Lender the Bank from its obligations under any of the Loan Documents.
Appears in 2 contracts
Samples: Term Loan Agreement (Vivus Inc), Credit Agreement (Fragrancenet Com Inc)
Pledge to Federal Reserve. Any Lender Bank may at any time pledge all or any portion of its rights under the Loan Documents loan documents including any portion of the Notes promissory note to any of the twelve (12) Federal Reserve Banks organized under Section 4 of the Federal Reserve Act, 12 U.S.C. Section 341. No such pledge or enforcement thereof shall release such Lender Bank from its obligations under any of the Loan Documentsloan documents.
Appears in 2 contracts
Samples: Line of Credit Agreement (United Energy Corp /Nv/), Term Loan Agreement (Mikron Instrument Co Inc)
Pledge to Federal Reserve. Any Lender Bank may at any time pledge or assign all or any portion of its rights under the Loan Documents Documents, including any portion of the Notes Note, to any of the twelve (12) Federal Reserve Banks organized under Section 4 of the Federal Reserve Act, 12 U.S.C. Section 341. No such pledge or assignment or enforcement thereof shall release such Lender Bank from its obligations under any of the Loan Documents.
Appears in 1 contract
Samples: Revolving Credit Loan Agreement (Integrated Circuit Systems Inc)
Pledge to Federal Reserve. Any Each Lender may at any time pledge all or any portion of its rights under the Loan Financing Documents including any portion of the Notes its Note to any of the twelve (12) 12 Federal Reserve Banks organized under Section 4 of the Federal Reserve Act, 12 U.S.C. Section 341. No such pledge or enforcement thereof shall release such Lender from its obligations under any of the Loan Financing Documents.
Appears in 1 contract
Samples: Loan Agreement (Galaxy Telecom Lp)
Pledge to Federal Reserve. Any Lender LENDER may at any time pledge all or any portion of its rights under the Loan Documents including any portion of the Notes its Revolving Note to any of the twelve (12) Federal Reserve Banks organized under Section 4 of the Federal Reserve Act, 12 U.S.C. Section 341. No such pledge or enforcement thereof shall release any such Lender LENDER from its obligations under any of the Loan Documents.
Appears in 1 contract
Samples: Loan and Security Agreement (Five Star Products Inc)
Pledge to Federal Reserve. Any Lender Bank may at any time pledge all or any portion of its rights under the Loan Documents including any portion of the Notes any Note payable to it to any of the twelve (12) Federal Reserve Banks organized under Section 4 of the Federal Reserve Act, 12 U.S.C. Section 341. No such pledge or enforcement thereof shall release any such Lender Bank from its obligations under any of the Loan Documents.
Appears in 1 contract
Pledge to Federal Reserve. Any Lender may at any time pledge or assign all or any portion of its rights under the Loan Documents including any portion of the Notes to any of the twelve (12) Federal Reserve Banks organized under Section 4 of the Federal Reserve Act, 12 U.S.C. Section §341. No such pledge or assignment or enforcement thereof shall release such relieve the Lender from of its obligations obligation under any of the Loan Documents.
Appears in 1 contract
Samples: Mortgage Warehouse Loan and Security Agreement (Centerline Holding Co)
Pledge to Federal Reserve. Any Lender The Bank may at any time pledge pledge, endorse, assign, or transfer all or any portion of its rights under the Loan Documents including any portion of the Notes Note to any of the twelve (12) Federal Reserve Banks organized under Section 4 of the Federal Reserve Act, 12 U.S.C. . 12.U.S.C. Section 341. No such pledge or enforcement thereof shall release such Lender Bank from its obligations under any of the Loan Documents.
Appears in 1 contract
Samples: Loan Agreement (Precision Optics Corporation, Inc.)
Pledge to Federal Reserve. Any The Agent or any Lender may at any time pledge all or any portion of its rights under the Loan Documents Documents, including any portion of the Notes any note to any of the twelve (12) Federal Reserve Banks organized under Section 4 of the Federal Reserve Act, 12 U.S.C. Section 341. No such pledge or enforcement thereof shall release such the Agent or any Lender from its obligations under any of the Loan Documents.
Appears in 1 contract
Pledge to Federal Reserve. Any Lender may at any time pledge all or any portion of its rights under the Loan Documents including any portion of the Notes to any of the twelve (12) Federal Reserve Banks Bank organized under Section 4 of the Federal Reserve Act, 12 U.S.C. Section 341. No such pledge or enforcement thereof shall release such Lender from its obligations under any of the Loan Documents.
Appears in 1 contract
Samples: Revolving Credit Loan Agreement (Barringer Technologies Inc)
Pledge to Federal Reserve. Any Lender may at any time pledge all or any portion of its rights under the Loan Documents including any portion of the Notes any Note payable to it to any of the twelve (12) Federal Reserve Banks organized under Section 4 of the Federal Reserve Act, 12 U.S.C. Section 341. No such pledge or enforcement thereof shall release any such Lender from its obligations under any of the Loan Documents.
Appears in 1 contract
