CONTINUING AND ADDITIONAL SECURITY Sample Clauses

CONTINUING AND ADDITIONAL SECURITY. 5.1 The Right of Pledge is one and indivisible (één en ondeelbaar), shall (unless released pursuant to Clause 11 (Termination)) remain in full force and effect, shall not be satisfied by any intermediate payment or satisfaction of any part of the Secured Obligations or by any settlement of accounts and the Pledgee shall not have any obligation to relinquish the Right of Pledge, until all of the Secured Obligations have been irrevocably and unconditionally paid in full and all Commitments with respect thereto have been irrevocably terminated.
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CONTINUING AND ADDITIONAL SECURITY. 8.1 This Deed of Guarantee and Indemnity is a continuing security and shall remain in full force and effect until all the Guaranteed Obligations have been discharged or satisfied in full notwithstanding the liquidation or other incapacity or any change in the constitution of the Purchaser or of the Purchaser's Guarantor, or in the name and style of either of them, any intermediate payment or performance or the invalidity or unenforceability in whole or in part of the Guaranteed Obligations or any other matter whatsoever.
CONTINUING AND ADDITIONAL SECURITY. This Assignment is a continuing security and is in addition to, shall not be affected by and may be enforced despite the existence of any other security held by the Bank. Any restriction on the right of consolidating securities shall not apply to this Assignment.
CONTINUING AND ADDITIONAL SECURITY. 4.01 This Guarantee is a continuing security and shall secure the whole of the Guaranteed Monies until one calendar month after receipt by the Bank of notice in writing by the Guarantor or a liquidator, receiver or personal representative of the Guarantor (in the event of the death of the Guarantor) to terminate it. In the case of the Guarantor’s death, this Guarantee shall remain binding as a continuing guarantee on that Guarantor’s heirs, executors, successors or administrators until the expiry of notice given in accordance with this Clause. Nevertheless and despite the giving of such notice, this Guarantee shall continue to apply to the Guaranteed Monies in respect of which the Customer is or becomes actually or contingently liable up to such termination and the Guarantor guarantees to pay such Guaranteed Monies to the Bank on demand whether that demand is made before, at the time of or after such termination.
CONTINUING AND ADDITIONAL SECURITY. 4.1 The Assignment shall remain in force, and shall not be satisfied by any intermediate payment or intermediate satisfaction of any part of the Secured Obligations or by any intermediate settlement of accounts, until all of the Secured Obligations have been unconditionally and irrevocably paid in full (other than inchoate indemnity obligations) and no further Secured Obligations are capable of arising.
CONTINUING AND ADDITIONAL SECURITY. 7.1 This Deed is a continuing security and shall remain in full force and effect until all the Guaranteed Obligations have been discharged or satisfied in full, notwithstanding the administration, liquidation, insolvency, bankruptcy, striking-off or other incapacity of the Farmee or any other person, or any change in the constitution, the articles of association or by-laws of the Farmee or of the Parent or of any other person or in the name or style of any of them or any settlement of account or other matter whatsoever; provided that the Parent may request Farmor to grant a release from this Deed prior to its termination if the Farmee assigns all of its rights and obligations under and in accordance with the Agreement, to a third party and such third party, is of financial standing acceptable to the Farmor (in its sole judgement) and, if required by the Farmor, procures that an Affiliate acceptable to the Farmor (in its sole judgement) enters into a guarantee with the Farmee in the same form ‘mutatis mutandis’ as this Deed.
CONTINUING AND ADDITIONAL SECURITY. 4.1 The Pledge will be a continuing security and shall not be considered as satisfied by any intermediate payment, satisfaction or settlement of any part of the Secured Obligations until expressly released in accordance with Clause 12.1 of this Agreement, and shall remain in full force and effect until the due and full payment and discharge of the Secured Obligations.
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CONTINUING AND ADDITIONAL SECURITY. 3.1 This Guarantee is a continuing security and shall remain in full force and effect until all the Guaranteed Obligations have been discharged or satisfied in full notwithstanding the liquidation or other incapacity or any change in the constitution of the Contractor or of the Guarantor or in the name and style of either of them or any settlement of account or other matter whatsoever.
CONTINUING AND ADDITIONAL SECURITY. 3.01 The Guarantor acknowledges and agrees that this Guarantee is and at all times a continuing security and shall cover and secure the ultimate balance from time to time owing to the Company by the Principal on each separate account or in any manner whatsoever notwithstanding the bankruptcy, liquidation, incapacity or any change in the constitution of the Principal or the Guarantor or any settlement of account or other matter whatsoever. This Guarantee is in addition to, shall not be affected by and may be enforced despite the existence of, and without demand, notice, legal process or any other action under, any other guarantee, lien, xxxx, xxte, mortgage, or other security now or hereafter held by or available to the Company.
CONTINUING AND ADDITIONAL SECURITY. This Guarantee is a continuing guarantee, under which multiple demands may be made by ANZ, and remains in full force and effect until the Guaranteed Money has been irrevocably paid and the Guaranteed Obligations have been performed in full. This Guarantee is in addition to, shall not be affected by nor merge with and may be enforced despite the existence, invalidity or unenforceability of, any other guarantee or security now or at any time after the date of this Guarantee held by or provided to ANZ.
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