Certain Other Assignments and Participations. In addition to any other assignment or participation permitted pursuant to this Section 10.6 any Purchaser may assign, pledge and/or grant a security interest in all or any portion of its Notes, the other Obligations owed by or to such Purchaser, and its Notes, if any, to secure obligations of such Purchaser including any Federal Reserve Bank as collateral security pursuant to Regulation A of the Board of Governors and any operating circular issued by such Federal Reserve Bank; provided, that no Purchaser, as between the Issuer and such Purchaser, shall be relieved of any of its obligations hereunder as a result of any such assignment and pledge, and provided further, that in no event shall the applicable Federal Reserve Bank, pledgee or trustee, be considered to be a “Purchaser” or be entitled to require the assigning Purchaser to take or omit to take any action hereunder.
Appears in 1 contract
Sources: Note Purchase Agreement (Inspired Entertainment, Inc.)
Certain Other Assignments and Participations. In addition to any other assignment or participation permitted pursuant to this Section 10.6 10.6, any Purchaser Lender may assign, assign and/or pledge and/or grant a security interest in all or any portion of its NotesLoans, the other Obligations owed by or to such PurchaserLender, and its Notes, if any, to secure obligations of such Purchaser including Lender including, without limitation, any Federal Reserve Bank as collateral security pursuant to Regulation A of the Board of Governors of the Federal Reserve System and any operating circular issued by such Federal Reserve Bank; provided, that no PurchaserLender, as between the Issuer Company and such PurchaserLender, shall be relieved of any of its obligations hereunder as a result of any such assignment and pledge, and provided further, that in no event shall the applicable Federal Reserve Bank, pledgee or trustee, trustee be considered to be a “PurchaserLender” or be entitled to require the assigning Purchaser Lender to take or omit to take any action hereunder.
Appears in 1 contract
Sources: Unsecured Credit and Guaranty Agreement (CVR Energy Inc)
Certain Other Assignments and Participations. In addition to any other assignment or participation permitted pursuant to this Section 10.6 10.6, any Purchaser Lender may assign, pledge and/or grant a security interest or ▇▇▇▇▇ ▇ ▇▇▇▇ in all or any portion of its NotesLoans, the other Obligations owed by or to such Purchaser, Lender and its Notespromissory notes issued pursuant to Section 2.6, if any, to secure obligations of such Purchaser Lender, including to any Federal Reserve Bank as collateral security pursuant to Regulation A of the Board of Governors and any operating circular issued by such Federal Reserve Bank; provided, that no PurchaserLender, as between the Issuer Companies and such PurchaserLender, shall be relieved of any of its obligations hereunder as a result of any such assignment and pledge; provided, and provided further, that in no event shall the applicable Federal Reserve Bank, pledgee or trustee, trustee be considered to be a “PurchaserLender” or be entitled to require the assigning Purchaser Lender to take or omit to take any action hereunder.
Appears in 1 contract
Sources: Credit and Guaranty Agreement (Lifecore Biomedical, Inc. \De\)
Certain Other Assignments and Participations. In addition to any other assignment or participation permitted pursuant to this Section 10.6 any Purchaser Lender may assign, assign and/or pledge and/or grant a security interest in (without the consent of the Borrower or Administrative Agent) all or any portion of its NotesLoans, the other Obligations owed by or to such PurchaserLender, and its Notes, if any, to secure obligations of such Purchaser Lender including to any Federal Reserve Bank as collateral security pursuant to Regulation A of the Board of Governors and any operating circular issued by such Federal Reserve Bank; provided, that no PurchaserLender, as between the Issuer Borrower and such PurchaserLender, shall be relieved of any of its obligations hereunder as a result of any such assignment and pledge, and provided further, that in no event shall the applicable Federal Reserve Bank, pledgee or trustee, be considered to be a “PurchaserLender” or be entitled to require the assigning Purchaser Lender to take or omit to take any action hereunder.
Appears in 1 contract
Sources: Credit and Guaranty Agreement (Bright Horizons Family Solutions Inc.)