Common use of Change in the Bank Clause in Contracts

Change in the Bank. The security liabilities and or obligations created by this Agreement and/or the Security Documents shall remain in full force and effect and shall continue to be valid and binding for all purposes notwithstanding any change by amalgamation consolidation reconstruction or otherwise which may be made in the constitution of the Bank or of any company by which the business of the Bank may for the time being be carried on and shall be available by the company carrying on that business for the time being.

Appears in 2 contracts

Samples: Agreement, scotiabank.com.my

AutoNDA by SimpleDocs

Change in the Bank. The security liabilities and or obligations created by this Agreement and/or the Security Documents shall remain in full force and effect and shall continue to be valid and binding for all purposes notwithstanding any change by amalgamation consolidation reconstruction or otherwise which may be made in the constitution of the Bank or of any company by which the business of the Bank may for the time being be carried on and shall be available by the company carrying on that business for the time being.

Appears in 1 contract

Samples: Loan Agreement

AutoNDA by SimpleDocs

Change in the Bank. 48.1 The security liabilities and or security, liabilities, and/or obligations created by this Agreement and/or the or any Security Documents shall remain in full force and effect and shall Document will continue to be valid and binding for all purposes notwithstanding purposes, regardless of any transfer or assignment of the Bank‟s business, operations, assets, or liabilities, or any change by amalgamation consolidation reconstruction amalgamation, consolidation, reconstruction, or otherwise which may be made in the constitution of the Bank Bank‟s constitution, or of any company by which the Bank‟s business of the Bank may for the time being be is carried on on, and shall will be available by the company carrying on that business for the time beingbusiness.

Appears in 1 contract

Samples: Facilities Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.