Common use of Pledge to the Federal Reserve Clause in Contracts

Pledge to the Federal Reserve. Anything contained in this Section 11.15 to the contrary notwithstanding, any Lender may at any time pledge or assign all or any portion of its interest and rights under this Agreement (including all or any portion of its Note) and the other Credit Documents to any of the twelve (12) Federal Reserve Banks organized under Section 4 of the Federal Reserve Act, 12 U.S.C. §341. No such pledge or assignment or enforcement thereof shall release the pledgor Lender from its obligations hereunder or under any of the other Credit Documents.

Appears in 1 contract

Samples: Credit Agreement (Inland Real Estate Corp)

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Pledge to the Federal Reserve. Anything contained in this Section 11.15 11.35 to the contrary notwithstanding, any Lender may at any time pledge or assign all or any portion of its interest and rights under this Agreement (including all or any portion of its Note) and the other Credit Documents to any of the twelve (12) Federal Reserve Banks organized under Section 4 of the Federal Reserve Act, 12 U.S.C. §341343. No such pledge or assignment or enforcement thereof shall release the pledgor Lender from its obligations hereunder or under any of the other Credit Documents.

Appears in 1 contract

Samples: Credit Agreement (Inland Real Estate Corp)

Pledge to the Federal Reserve. Anything contained in this Section 11.15 to the contrary notwithstanding, any Lender may at any time pledge or assign all or any portion of its interest and rights under this Agreement (the loan documents, which evidence and/or secure the Loan, including all or any portion of its this Note) and the other Credit Documents , 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 the pledgor Lender from its obligations hereunder or under any of the other Credit Documentsloan documents, which evidence and/or secure the Loan.

Appears in 1 contract

Samples: Term Loan Agreement (Acadia Realty Trust)

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Pledge to the Federal Reserve. Anything contained in this Section 11.15 to the contrary notwithstanding, any The Lender may at any time pledge or assign all or any portion of its interest and rights under this Agreement (including all or any portion of its Note) the Agreement, the Revolving Note and the other Credit Collateral Documents 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 the pledgor Lender from its obligations hereunder or under any of the other Credit Documentssuch documents.

Appears in 1 contract

Samples: Loan Agreement (Spectran Corp)

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