Common Contracts
1 similar Letter of Agreement contracts
LETTER OF AGREEMENTLetter of Agreement • March 23rd, 2020
In consideration of being able to request Advances from the Federal Reserve Bank of Boston (the “Reserve Bank” or “you”) on the Non-Recourse Basis (described below) set forth in this letter (as amended and supplemented from time to time, this “Letter of Agreement”), and to incur Indebtedness to the Reserve Bank pursuant to the Money Market Mutual Fund Liquidity Facility (the “MMLF” or the “Facility” ) authorized by the Board of Governors of the Federal Reserve System (“Board”) on March 18, 2020, as such authorization may be amended from time to time, under sections 13(3) of the Federal Reserve Act, we agree to the provisions of your Operating Circular No. 10, effective July 16, 2013, as may be amended from time to time (the “Circular”) and to the terms and conditions of this Letter of Agreement. To the extent any provision of the Circular is inconsistent with the terms of this Letter of Agreement, the terms of this Letter of Agreement shall govern all Advances made under the MMLF. All
