Common use of Security Interest; Assignment to Lender Affiliate Clause in Contracts

Security Interest; Assignment to Lender Affiliate. Notwithstanding any other provision in this Agreement, any Lender may, upon prior or contemporaneous notice to TBC and the Agent, at any time (i) create a security interest in all or any portion of its rights under this Agreement (including without limitation, the Advances owing to it and the Notes held by it, if any) in favor of any Federal Reserve Bank in accordance with Regulation A of the Board of Governors of the Federal Reserve System, and (ii) assign all or any portion of its rights and obligations under this Five-Year Credit Agreement 33 Agreement (including, without limitation, all or a portion of its Commitment, the Committed Advances owing to it, its participations in Letters of Credit and the Committed Note held by it, if any) to an Affiliate of such Lender unless the result of such an assignment would be to increase the cost to any Borrowers of requesting, borrowing, continuing, maintaining, paying or converting any Advances.

Appears in 5 contracts

Samples: Credit Agreement (Boeing Capital Corp), Credit Agreement (Boeing Co), Credit Agreement (Boeing Co)

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Security Interest; Assignment to Lender Affiliate. Notwithstanding Section 2.20(a) or any other provision in this Agreement, any Lender may, upon prior or contemporaneous notice to TBC and the Agent, at any time (i) create a security interest in all or any portion of its rights under this Agreement (including without limitation, the Advances owing to it and the Notes held by it, if any) to secure obligations of such Lender, including in favor of any Federal Reserve Bank in accordance with Regulation A of the Board of Governors of the Federal Reserve SystemSystem or any other governmental agency or instrumentality, and (ii) assign all or any portion of its rights and obligations under this Five-Year Credit Agreement 33 Agreement (including, without limitation, all or a portion of its Commitment, the Committed Advances owing to it, its participations in Letters of Credit it and the Committed Note held by it, if any) to an Affiliate of such Lender unless the result of such an assignment would be to increase the cost to any Borrowers of requesting, borrowing, continuing, maintaining, paying or converting any Advances.

Appears in 4 contracts

Samples: Credit Agreement (Boeing Co), Credit Agreement (Boeing Co), Credit Agreement (Boeing Co)

Security Interest; Assignment to Lender Affiliate. Notwithstanding Section 2.21(a) or any other provision in this Agreement, any Lender may, upon prior or contemporaneous notice to TBC and the Agent, at any time (i) create a security interest in all or any portion of its rights under this Agreement (including without limitation, the Advances owing to it and the Notes held by it, if any) to secure obligations of such Lender, including in favor of any Federal Reserve Bank in accordance with Regulation A of the Board of Governors of the Federal Reserve SystemSystem or any other governmental agency or instrumentality, and (ii) assign all or any portion of its rights and obligations under this Five-Year Credit Agreement 33 Agreement (including, without limitation, all or a portion of its Commitment, the Committed Advances owing to it, its participations in Letters of Credit and the Committed Note held by it, if any) to an Affiliate of such Lender unless the result of such an assignment would be to increase the cost to any Borrowers of requesting, borrowing, continuing, maintaining, paying or converting any Advances.

Appears in 3 contracts

Samples: Credit Agreement (Boeing Co), Credit Agreement (Boeing Co), Credit Agreement (Boeing Co)

Security Interest; Assignment to Lender Affiliate. Notwithstanding Section 2.20(a) or any other provision in this Agreement, any Lender may, upon prior or contemporaneous notice to TBC and the Agent, at any time (i) create a security interest in all or any portion of its rights under this Agreement (including without limitation, the Advances owing to it and the Notes held by it, if any) to secure obligations of such Lender, in favor of any Federal Reserve Bank in accordance with Regulation A of the Board of Governors of the Federal Reserve SystemSystem or any other governmental agency or instrumentality, and (ii) assign all or any portion of its rights and obligations under this Five-Year Credit Agreement 33 Agreement (including, without limitation, all or a portion of its Commitment, the Committed Advances owing to it, its participations in Letters of Credit it and the Committed Note held by it, if any) to an Affiliate of such Lender unless the result of such an assignment would be to increase the cost to any Borrowers of requesting, borrowing, continuing, maintaining, paying or converting any Advances.

Appears in 2 contracts

Samples: Credit Agreement (Boeing Co), Credit Agreement (Boeing Co)

Security Interest; Assignment to Lender Affiliate. Notwithstanding Section 2.20(a) or any other provision in this Agreement, any Lender may, upon prior or contemporaneous notice to TBC and the Agent, at any time (i) create a security interest in all or any portion of its rights under this Agreement (including without limitation, the Advances owing to it and the Notes held by it, if any) to secure obligations of such Lender, including in favor of any Federal Reserve Bank in accordance with Regulation A of the Board of Governors of the Federal Reserve SystemSystem or any other governmental agency or instrumentality, and (ii) assign all or any portion of its rights and obligations under this Five-Year Credit Agreement 33 Agreement (including, without limitation, all or a portion of its Commitment, the Committed Advances owing to it, its participations in Letters of Credit and the Committed Note held by it, if any) to an Affiliate of such Lender unless the result of such an assignment would be to increase the cost to any Borrowers of requesting, borrowing, continuing, maintaining, paying or converting any Advances.

Appears in 2 contracts

Samples: Credit Agreement (Boeing Co), Credit Agreement (Boeing Co)

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Security Interest; Assignment to Lender Affiliate. Notwithstanding Section 2.20(a) or any other provision in this Agreement, any Lender may, upon prior or contemporaneous notice to TBC and the Agent, at any time (i) create a security interest in all or any portion of its rights under this Agreement (including without limitation, the Advances owing to it and the Notes held by it, if any) to secure obligations of such Lender, including in favor of any Federal Reserve Bank in accordance with Regulation A of the Board of Governors of the Federal Reserve SystemSystem or any other governmental agency or instrumentality, and (ii) assign all or any portion of its rights and obligations under this Five-Year Credit Agreement 33 Agreement (including, without limitation, all or a portion of its Commitment, the Committed Advances owing to it, its participations in Letters of Credit and the Committed Note held by it, if any) to an Affiliate of such Lender unless the result of such an assignment would be to increase the cost to any Borrowers the Borrower of requesting, borrowing, continuing, maintaining, paying or converting any Advances.

Appears in 1 contract

Samples: Credit Agreement (Boeing Co)

Security Interest; Assignment to Lender Affiliate. Notwithstanding Section 2.20(a) or any other provision in this Agreement, any Lender may, upon prior or contemporaneous notice to TBC and the Agent, at any time (i) create a security interest in all or any portion of its rights under this Agreement (including without limitation, the Advances owing to it and the Notes held by it, if any) to secure obligations of such Lender in favor of any Federal Reserve Bank in accordance with Regulation A of the Board of Governors of the Federal Reserve SystemSystem or any other governmental agency or instrumentality, and (ii) assign all or any portion of its rights and obligations under this Five-Year Credit Agreement 33 Agreement (including, without limitation, all or a portion of its Commitment, the Committed Advances owing to it, its participations in Letters of Credit it and the Committed Note held by it, if any) to an Affiliate of such Lender unless the result of such an assignment would be to increase the cost to any Borrowers of requesting, borrowing, continuing, maintaining, paying or converting any Advances.

Appears in 1 contract

Samples: Credit Agreement (Boeing Co)

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