Termination and Amendments. (a) This Agreement will be deemed to be effective as of the Effective Date and will continue in full force until such time as (i) at least two-thirds (2/3) of the Banks agree to its termination, (ii) the Finance Board rescinds the Waiver or (iii) the Finance Board takes any action, including without limitation modification of the Waiver, that makes compliance by the OF or the Banks with this Agreement not commercially reasonable.
Appears in 11 contracts
Samples: Funding and Contingency Plan Agreement (Federal Home Loan Bank of Indianapolis), Funding and Contingency Plan Agreement (Federal Home Loan Bank of San Francisco), Funding and Contingency Plan Agreement (Federal Home Loan Bank of Atlanta)
Termination and Amendments. (a) This Agreement will be deemed to be effective as of the Effective Date and will continue in full force until such time as (i) at least two-thirds (2/3) of the Banks agree to its termination, (ii) the Finance Board Agency rescinds the Finance Board’s Waiver or (iii) the Finance Board Agency takes any action, including without limitation modification of the Waiver, that makes compliance by the OF or the Banks with this Agreement not commercially reasonable.
Appears in 10 contracts
Samples: Federal Home Loan Bank of Dallas, Federal Home Loan Bank of Boston, Federal Home Loan Bank of New York
