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Continuing and Independent Security Sample Clauses

Continuing and Independent Security. This Assignment shall constitute and be continuing security which shall not be released or discharged by any intermediate payment or settlement of all or any of the Secured Obligations, shall continue in full force and effect until the end of the Security Period and is in addition to and independent of, and shall not prejudice or merge with, any other security (or any right of set-off) which the Collateral Agent may have at any time for the Secured Obligations or any of them.
Continuing and Independent Security. This Charge shall constitute and be continuing security which shall not be released or discharged by any intermediate payment or settlement of all or any of the Secured Obligations, shall continue in full force and effect until the end of the Security Period and is in addition to and independent of, and shall not prejudice or merge with, any other security (or any right of set-off) which the Secured Party may hold at any time for the Secured Obligations or any of them.
Continuing and Independent SecurityThe Assignment shall be continuing and independent security for the Secured Liabilities and shall not be satisfied, discharged or affected by any intermediate payment or settlement of account (whether or not any Secured Liabilities remain outstanding thereafter) or any other matter or thing whatsoever.
Continuing and Independent SecurityThe Security created under Clause 4.1 of this Deed shall constitute and be continuing security which shall not be released or discharged by any intermediate payment or settlement of the Secured Obligations or any of them, shall continue in full force and effect until the end of the Security Period and is in addition to and independent of, and shall not prejudice or merge with, any other security (or any right of set-off) which the Buyer or the Agent may hold at any time for the Secured Obligations or any of them.
Continuing and Independent Security. (a) The security interest granted by the Assignor hereunder shall remain in full force and effect as a continuing security for the Secured Obligations unless and until complete and definitive discharge of the Secured Obligations. (b) The security interest granted by the Assignor hereunder shall be cumulative, in addition to and independent of any other security interest which the Administrative Agent and/or the other Secured Parties (and/or any of them) may at any time hold for the Secured Obligations or any rights, powers and remedies provided by law. (c) To the fullest extent permitted by applicable law, the Assignor waives any right it may have of first requiring the Administrative Agent to proceed against, or claim payment from, any person or enforce any guarantee or security granted by any person before enforcing this Agreement and/or its rights hereunder or pursuant hereto. Security Assignment Agreement
Continuing and Independent Security. 16.1 This Agreement and the security hereby created shall be: 16.1.1 a continuing security for the Obligations and in particular, but without limitation, shall not be, nor be considered as satisfied by any intermediate payment or satisfaction on account of any of the moneys and liabilities hereby secured or any settlement of accounts between the Pledgor or any other party that has assumed liability for, and/or provided security in respect of, the Obligations; and 16.1.2 in addition to, and independent of and shall not operate so as to prejudice or affect or merge in any other security which the Pledgee may hold at any time for the Obligations. 16.2 Where any discharge (whether in respect of this Agreement, any other security for the Obligations or otherwise) is made in whole or in part or any arrangement is made on the faith of any payment, security or other disposition which is subsequently avoided or must be restored on bankruptcy, liquidation or otherwise without limitation, the liability of the Pledgor under this Agreement and the security interests hereby created shall continue as if there had been no discharge or arrangement. The Pledgee shall be entitled to concede or compromise any claim that any such payment, security or other disposition is liable to avoidance or repayment. 16.3 To the extent possible under the laws of The Netherlands, the security created hereby shall not be prejudiced, affected or diminished by any act, omission or circumstance which, but for this provision, might operate to release, discharge or otherwise exonerate the Pledgor from its liability to the Pledgee in respect of any of the Obligations or affect such obligations, including without limitation: 16.3.1 any extension or postponement of the time of payment or other indulgence granted to or any acceptance of partial payment by or any settlement, composition or adjustment with the Pledgor or any other person; 16.3.2 any, amendment or variation of or extension of the due date for performance of any term of the Credit Agreement or any other agreement in connection with the Obligations or any increase, reduction, exchange, acceleration, renewal, surrender, release or loss of or failure to perfect any of the Obligations or any security therefore or any non-presentment or non-observance of any formality in respect of any instruments; 16.3.3 the transfer by the Pledgee of any of its rights, benefits or obligations under the Credit Agreement or any other agreement to which it is ...
Continuing and Independent Security. This Deed of Pledge and the security hereby created shall be a continuing security and in particular, but without limitation, shall not be, nor be considered as, satisfied by any intermediate payment or satisfaction on account of any of the monies and liabilities hereby secured or any settlement of accounts between the Pledgor or any other party that has assumed liability for, and/or provided security in respect of, the Obligations and the Pledgees.
Continuing and Independent Security. 6.1 This security shall be in addition to and shall be independent of every other security which the Pledgee at any time holds in respect of any or all of the obligations under the Facility Agreements. 6.2 This security shall constitute and be a continuing security, notwithstanding any settlement of accounts and, in particular but without limitation, shall not be considered satisfied by any intermediate payment or satisfaction of any of the obligations under the Facility Agreements in part, and shall continue in full force and effect until such time as all of the principal and interest under the Facility Agreements and all other amounts payable by the Pledgee under the Facility Agreements have been paid in full, whereupon this agreement shall be terminated in accordance with Article 7.
Continuing and Independent SecurityThe security created by this Pledge Agreement shall be a continuing and independent security and shall remain in full force and effect until the Secured Liabilities have been paid in full, notwithstanding the insolvency or liquidation or any incapacity or change in the constitution or status of the Pledgor, the Pledgeholder or any other person or any intermediate settlement of account or other matter whatsoever. This Pledge Agreement is in addition to, and independent of, any charge, guarantee or other security or right or remedy now or at any time hereafter held by or available to the Pledgeholder.
Continuing and Independent Security. This security shall be in addition to and shall be independent of every other security which the Pledgee at any time holds in respect of any or all of the obligations under the Facility Agreements.