Common use of Pledge to Federal Reserve Clause in Contracts

Pledge to Federal Reserve. Notwithstanding anything in this Section 13.8 to the contrary, any Bank may, in the ordinary course of its business, pledge its Revolving Note to any United States Federal Reserve Bank to secure advances made by such Federal Reserve Bank to such Bank.

Pledge to Federal Reserve. Notwithstanding anything in this Section 13.8 14.8 to the contrary, any Bank may, in the ordinary course of its business, pledge its Revolving Note Notes to any United States Federal Reserve Bank to secure advances made by such Federal Reserve Bank to such Bank.

Pledge to Federal Reserve. Notwithstanding anything in this Section 13.8 14.8 to the contrary, any Bank may, in the ordinary course of its business, pledge its Revolving Note Notes to any United States Federal Reserve Bank to secure advances made by such Federal Reserve Bank to such Bank.

Pledge to Federal Reserve. Notwithstanding anything in this Section 13.8 15.8 to the contrary, any Bank may, in the ordinary course of its business, pledge its Revolving Note Notes to any United States Federal Reserve Bank to secure advances made by such Federal Reserve Bank to such Bank.