Certain Pledges. Any [[Organization B:Organization]] may at any time pledge or assign a security interest in all or any portion of its rights under this Agreement to secure obligations of such [[Organization B:Organization]], including any pledge or assignment to secure obligations to a Federal Reserve Bank or any central bank having jurisdiction over such [[Organization B:Organization]]; provided that no such pledge or assignment shall release such [[Organization B:Organization]] from any of its obligations hereunder or substitute any such pledgee or assignee for such [[Organization B:Organization]] as a party hereto.

Certain Pledges. Any [[Organization A:Organization]] may at any time pledge or assign a security interest in all or any portion of its rights under this Agreement (including under its Note or Notes, if any) to secure obligations of such [[Organization A:Organization]], including any pledge or assignment to secure obligations to a Federal Reserve Bank or any central bank having jurisdiction over such [[Organization A:Organization]]; provided that no such pledge or assignment shall release such [[Organization A:Organization]] from any of its obligations hereunder or substitute any such pledgee or assignee for such [[Organization A:Organization]] as a party hereto.

Notwithstanding anything to the contrary contained in this Agreement, any [[Organization C:Organization]] may at any time and from time to time pledge or assign a security interest in all or any portion of its rights under this Agreement to secure obligations of such [[Organization C:Organization]], including any pledge or assignment to secure obligations to a Federal Reserve Bank; provided that no such pledge or assignment shall release such [[Organization C:Organization]] from any of its obligations hereunder or substitute any such pledgee or assignee for such [[Organization C:Organization]] as a party hereto.

Any [[Organization C:Organization]] may at any time pledge or assign a security interest in all or any portion of its rights under this Agreement to secure obligations of such [[Organization C:Organization]], including without limitation any pledge or assignment to secure obligations to a Federal Reserve Bank or any other central bank having jurisdiction over such [[Organization C:Organization]], and this [Section 9.04] shall not apply to any such pledge or assignment of a security interest; provided that no such pledge or assignment of a security interest shall release a [[Organization C:Organization]] from any of its obligations hereunder or substitute any such pledgee or assignee for such [[Organization C:Organization]] as a party hereto.

Certain Pledges. Any ​ may at any time pledge or assign a security interest in all or any portion of its rights under this Agreement (including under its Note, if any) to secure obligations of such ​, including any pledge or assignment to secure obligations to a Federal Reserve Bank; provided that no such pledge or assignment shall release such ​ from any of its obligations hereunder or substitute any such pledgee or assignee for such ​ as a party hereto.

Certain Pledges. Any ​ may at any time without need for any consent pledge or assign a security interest in all or any portion of its rights under this Agreement (including under its Note, if any) to secure obligations of such ​, including any pledge or assignment to secure obligations to a Federal Reserve Bank; provided that no such pledge or assignment shall release such ​ from any of its obligations hereunder or substitute any such pledgee or assignee for such ​ as a party hereto.

Certain Pledges. Any Lender may at any time pledge or assign a security interest in all or any portion of its rights under this Agreement to secure obligations of such Lender, including any pledge or assignment to secure obligations to a Federal Reserve Bank or other central bank; provided that no such pledge or assignment shall release such Lender from any of its obligations hereunder or substitute any such pledgee or assignee for such Lender as a party hereto.

Certain Pledges. Any Lender may at any time pledge or assign a security interest in all or any portion of its rights under this Agreement to secure obligations of such Lender, including any pledge or assignment to secure obligations to a Federal Reserve Bank or other central bank having jurisdiction over such Lender; provided that no such pledge or assignment shall release such Lender from any of its obligations hereunder or substitute any such pledgee or assignee for such Lender as a party hereto.

Certain Pledges. Any Lender may at any time pledge or assign a security interest in all or any portion of its rights under this Agreement to secure obligations of such Lender, including any such pledge or assignment to a Federal Reserve Bank or any central bank having jurisdiction over such Lender, and this Section shall not apply to any such pledge or assignment of a security interest; provided that no such pledge or assignment of a security interest shall release a Lender from any of its obligations hereunder or substitute any such assignee for such Lender as a party hereto.

Certain Pledges. Any Lender may at any time pledge or assign a security interest in all or any portion of its rights under this Agreement to secure obligations of such Lender, including any pledge or assignment to secure obligations to a Federal Reserve Bank; provided that no such pledge or assignment shall release such Lender from any of its obligations hereunder or substitute any such pledgee or assignee for such Lender as a party hereto.