Common use of Pledges to Federal Reserve Banks; Other Pledges of Notes Clause in Contracts

Pledges to Federal Reserve Banks; Other Pledges of Notes. Notwithstanding any other provision of this Agreement, any Lender may at any time assign all or a portion of its rights under this Agreement and the other Loan Documents to a Federal Reserve Bank or any central bank having jurisdiction over such Lender. No such assignment shall relieve the assigning Lender from its obligations under this Agreement and the other Loan Documents.

Appears in 4 contracts

Samples: Credit Agreement (Oaktree Capital Group, LLC), Credit Agreement (Oaktree Capital Group, LLC), Credit Agreement (Oaktree Capital Group, LLC)

AutoNDA by SimpleDocs

Pledges to Federal Reserve Banks; Other Pledges of Notes. Notwithstanding any other provision of this Agreement, any Lender may at any time assign all or a portion of its rights under this Agreement and the other Loan Documents to a Federal Reserve Bank or any central bank having jurisdiction over such Lender. No such assignment shall relieve the assigning Lender from its obligations under this Agreement and the other Loan Documents.Reserve

Appears in 1 contract

Samples: Credit Agreement (Oaktree Capital Group, LLC)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!