Common use of Specific Pledge; Required Collateral Amount Clause in Contracts

Specific Pledge; Required Collateral Amount. a. As security for all present and future Indebtedness, the Institution hereby assigns, transfers and pledges to FHLBank, and grants to FHLBank a security interest in, the following (1) Capital Stock; (2) all accounts and deposit accounts of the Institution held by FHLBank; (3) all property specified and described by the Institution from time to time on schedules or forms prescribed by FHLBank; (4) all property delivered from time to time by the Institution to FHLBank or FHLBank’s custodian; and (5) the proceeds of any of the foregoing.

Appears in 4 contracts

Samples: Security Agreement (Federal Home Loan Bank of Topeka), And Security Agreement (Federal Home Loan Bank of Topeka), Security Agreement (Federal Home Loan Bank of Topeka)

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