Common use of PLEDGES TO FEDERAL RESERVE BANKS Clause in Contracts

PLEDGES TO FEDERAL RESERVE BANKS. 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 Credit Documents to a Federal Reserve Bank. No such assignment shall relieve the assigning Lender from its obligations under this Agreement and the other Credit Documents.

Appears in 22 contracts

Samples: Credit Agreement, Credit Agreement (Adobe Systems Inc), Credit Agreement (Sands Regent)

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PLEDGES TO FEDERAL RESERVE BANKS. Notwithstanding any other provision of this Agreement, any Lender may at any time assign or pledge all or a portion of its rights under this Agreement and the other Credit Documents to a Federal Reserve Bank, and this Paragraph 8.05 shall not apply to any such pledge or assignment of a security interest. No such assignment shall relieve the assigning Lender from its obligations under this Agreement and the other Credit Documents.

Appears in 6 contracts

Samples: Credit Agreement (Flextronics International LTD), Credit Agreement (Flextronics International LTD), Credit Agreement (Flextronics International LTD)

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PLEDGES TO FEDERAL RESERVE BANKS. 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 Credit Documents to a Federal Reserve Bank. No such assignment shall relieve the assigning Lender from its obligations under this Agreement and the other Credit Documents.

Appears in 1 contract

Samples: Credit Agreement (Coldwater Creek Inc)

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