Certain Other Assignments. In addition to any other assignment permitted pursuant to this Section 10.06, any Lender may assign, pledge and/or grant a security interest in, all or any portion of its Loans, the other Obligations owed by or to such Lender, and its Notes, if any, to secure obligations of such Lender to (but not limited to) any Federal Reserve Bank or similar central bank as collateral security pursuant to Regulation A of the Board of Governors of the Federal Reserve System or any similar regulation and any operating circular issued by such Federal Reserve Bank or similar central bank; provided, no Lender, as between the Credit Parties and such Lender, shall be relieved of any of its obligations hereunder as a result of any such assignment and pledge, and provided, further, in no event shall the applicable Federal Reserve Bank or similar central bank, pledgee or trustee be considered to be a “Lender” or be entitled to require the assigning Lender to take or omit to take any action hereunder, and provided, further, that no Lender may assign, pledge and/or grant a security interest in, all or any portion of its Loans, the other Obligations owed by or to such Lender, or its Notes, if any, to or in favor of any Disqualified Institution.
Appears in 3 contracts
Sources: Credit and Guaranty Agreement (Priority Technology Holdings, Inc.), Credit and Guaranty Agreement (Priority Technology Holdings, Inc.), Credit and Guaranty Agreement (Priority Technology Holdings, Inc.)
Certain Other Assignments. In addition to any other assignment permitted pursuant to this Section 10.0610.6, (i) any Lender may assignmay, without the consent of the Borrower or the Administrative Agent, assign and/or pledge and/or grant a security interest in, all or any portion of its Loans, the other Obligations owned by or owed by or to such Lender, and its Notes, if any, to secure obligations of such Lender including to (but not limited to) any Federal Reserve Bank or similar central bank as collateral security pursuant to Regulation A of the Board of Governors of the Federal Reserve System or any similar regulation and any operating circular issued by such Federal Reserve Bank and (ii) any Lender may, without the consent of the Borrower or similar central bankthe Administrative Agent, assign and/or pledge all or any portion of its Loans, the other Obligations owned by or owed to such Lender, and its Notes, if any, to secure obligations of such Lender to any holders of obligations owed, or securities issued, by such Lender as collateral security for such obligations or securities, or to any trustee for, or any other representative of such holders; provided, no Lender, as between the Credit Parties Borrower and such Lender, shall be relieved of any of its obligations hereunder as a result of any such assignment and pledge, and provided, further, in no event shall the applicable Federal Reserve Bank or similar central bankBank, pledgee or trustee be considered to be a “Lender” or be entitled to require the assigning Lender to take or omit to take any action hereunder, and provided, further, that no Lender may assign, pledge and/or grant a security interest in, all or any portion of its Loans, the other Obligations owed by or to such Lender, or its Notes, if any, to or in favor of any Disqualified Institution.
Appears in 3 contracts
Sources: Revolving Credit and Guaranty Agreement (REV Group, Inc.), Term Loan and Guaranty Agreement (REV Group, Inc.), Revolving Credit and Guaranty Agreement (REV Group, Inc.)
Certain Other Assignments. In addition to any other assignment permitted pursuant to this Section 10.0610.6, (i) any Lender may assign, assign and/or pledge and/or grant a security interest in, all or any portion of its Loans, the other Obligations owned by or owed by or to such Lender, and its Notes, if any, to secure obligations of such Lender including, without limitation, to (but not limited to) any Federal Reserve Bank or similar central bank as collateral security pursuant to Regulation A of the Board of Governors of the Federal Reserve System or any similar regulation and any operating circular issued by such Federal Reserve Bank and (ii) any Lender may assign and/or pledge all or similar central bankany portion of its Loans, the other Obligations owned by or owed to such Lender, and its Notes, if any, to secure obligations of such Lender to any holders of obligations owed, or securities issued, by such Lender as collateral security for such obligations or securities, or to any trustee for, or any other representative of such holders; provided, no Lender, as between the Credit Parties Borrower and such Lender, shall be relieved of any of its obligations hereunder as a result of any such assignment and pledge, and provided, further, in no event shall the applicable Federal Reserve Bank or similar central bankBank, pledgee or trustee be considered to be a “"Lender” " or be entitled to require the assigning Lender to take or omit to take any action hereunder, and provided, further, that no Lender may assign, pledge and/or grant a security interest in, all or any portion of its Loans, the other Obligations owed by or to such Lender, or its Notes, if any, to or in favor of any Disqualified Institution.
Appears in 2 contracts
Sources: Credit and Guaranty Agreement (Stanadyne Corp), Revolving Credit and Guaranty Agreement (Stanadyne Corp)
Certain Other Assignments. In addition to any other assignment permitted pursuant to this Section 10.0611.6, any Lender may assignmay, without the consent of Company or Administrative Agent, assign and/or pledge and/or grant a security interest in, all or any portion of its Loans, the other Credit Document Obligations owed by or to such Lender, and its NotesPromissory Note, if any, to secure obligations of such Lender to (but not limited to) including, without limitation, any Federal Reserve Bank or similar central bank as collateral security pursuant to Regulation A of the Board of Governors of the Federal Reserve System or any similar regulation and any operating circular issued by such Federal Reserve Bank or similar central bankany pledge or assignment to any holders of obligations owed, or securities issued, by such Lender as collateral security for such obligations or securities, or to any trustee for, or any other representative of, such holders; provided, no Lender, as between the Credit Parties Company and such Lender, shall be relieved of any of its obligations hereunder as a result of any such assignment and pledge, and provided, provided further, in no event shall the applicable Federal Reserve Bank or similar central bankBank, pledgee or trustee be considered to be a “Lender” or be entitled to require the assigning Lender to take or omit to take any action hereunder, and provided, further, that no Lender may assignuntil such time as such Federal Reserve Bank, pledge and/or grant a security interest in, all or any portion trustee has complied with the provisions of its Loans, the other Obligations owed by or to such Lender, or its Notes, if any, to or in favor of any Disqualified Institutionthis Section 11.6 regarding assignments.
Appears in 2 contracts
Sources: Credit and Guaranty Agreement (Euramax International, Inc.), Credit and Guaranty Agreement (Euramax International, Inc.)
Certain Other Assignments. In addition to any other assignment permitted pursuant to this Section 10.0611.6, any Lender may assignmay, without the consent of Borrowers or Agent, assign and/or pledge and/or grant a security interest in, all or any portion of its Loans, the other Obligations owed by or to such Lender, and its Notes, if any, to secure obligations of such Lender to (but not limited to) including, without limitation, any Federal Reserve Bank or similar central bank as collateral security pursuant to Regulation A of the Board of Governors of the Federal Reserve System or any similar regulation and any operating circular issued by such Federal Reserve Bank or similar central bankany pledge or assignment to any holders of obligations owed, or securities issued, by such Lender as collateral security for such obligations or securities, or to any trustee for, or any other representative of, such holders; provided, no Lender, as between the Credit Parties Borrowers and such Lender, shall be relieved of any of its obligations hereunder as a result of any such assignment and pledge, and provided, provided further, in no event shall the applicable Federal Reserve Bank or similar central bankBank, pledgee or trustee be considered to be a “Lender” or be entitled to require the assigning Lender to take or omit to take any action hereunder, and provided, further, that no Lender may assignuntil such time as such Federal Reserve Bank, pledge and/or grant a security interest in, all or any portion trustee has complied with the provisions of its Loans, the other Obligations owed by or to such Lender, or its Notes, if any, to or in favor of any Disqualified Institutionthis Section 11.6 regarding assignments.
Appears in 2 contracts
Sources: Senior Secured Revolving Credit and Guaranty Agreement (Euramax International, Inc.), Senior Secured Revolving Credit and Guaranty Agreement (Euramax International, Inc.)
Certain Other Assignments. In addition to any other assignment permitted pursuant to this Section 10.0611.6, any Lender may assignmay, without the consent of Borrowers or Agent, assign and/or pledge and/or grant a security interest in, all or any portion of its Loans, the other Obligations owed by or to such Lender, and its Notes, if any, to secure obligations of such Lender to (but not limited to) including, without limitation, any Federal Reserve Bank or similar central bank as collateral security pursuant to Regulation A of the Board of Governors of the Federal Reserve System or any similar regulation and any operating circular issued by such Federal Reserve Bank or similar central bankany pledge or assignment to any holders of obligations owed, or securities issued, by such Lender as collateral security for such obligations or securities, or to any trustee for, or any other representative of, such holders; provided, no Lender, as between the Credit Parties Borrowers and such Lender, shall be relieved of any of its obligations hereunder as a result of any such assignment and pledge, and provided, provided further, in no event shall the applicable Federal Reserve Bank or similar central bankBank, pledgee or trustee be considered to be a “"Lender” " or be entitled to require the assigning Lender to take or omit to take any action hereunder, and provided, further, that no Lender may assignuntil such time as such Federal Reserve Bank, pledge and/or grant a security interest in, all or any portion trustee has complied with the provisions of its Loans, the other Obligations owed by or to such Lender, or its Notes, if any, to or in favor of any Disqualified Institutionthis Section 11.6 regarding assignments.
Appears in 1 contract
Sources: Senior Secured Revolving Credit and Guaranty Agreement (Euramax Holdings, Inc.)
Certain Other Assignments. In addition to any other assignment permitted pursuant to this Section 10.0610.6, (i) any Lender may assign, assign and pledge and/or grant a security interest in, all or any portion of its Loans, the other Obligations owed by or to such Lender, and its Notes, if any, to secure obligations of such Lender an Eligible Assignee and/or to (but not limited to) any Federal Reserve Bank or similar central bank as collateral security pursuant to Regulation A of the Board of Governors of the Federal Reserve System or any similar regulation and any operating circular issued by such Federal Reserve Bank or similar central bankotherwise, and (ii) with the consent of Administrative Agent any Lender which is an investment fund may pledge all or any portion of its Notes, if any, or Loans to its trustee in support of its obligations to such trustee, collateral agent or securitization representative; providedPROVIDED, no Lender, as between the Credit Parties Company and such Lender, shall be relieved of any of its obligations hereunder as a result of any such assignment and and/or pledge, and provided, furtherPROVIDED FURTHER, in no event shall the applicable Federal Reserve Bank or similar central bank, pledgee or trustee be considered to be a “"Lender” " or be entitled to require the assigning Lender to take or omit to take any action hereunder, and provided, further, that no Lender may assign, pledge and/or grant a security interest in, all or any portion of its Loans, the other Obligations owed by or to such Lender, or its Notes, if any, to or in favor of any Disqualified Institution.
Appears in 1 contract
Sources: Credit and Guaranty Agreement (Carters Imagination Inc)