Common use of Continuing Liabilities Clause in Contracts

Continuing Liabilities. Subject to due notification thereof by the Agent where the Securities are registered in the Agent’s name (or that of its nominee) in accordance with the terms of this Debenture, it is expressly agreed that the Chargor shall remain liable to observe and perform all of the conditions and obligations attaching to any of the Securities including the payment of any sum due in respect of the Securities.

Appears in 2 contracts

Samples: Debenture (Diametrics Medical Inc), Debenture (Diametrics Medical Inc)

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Continuing Liabilities. Subject to due notification thereof by the Agent where the Securities Shares are registered in the Agent’s name (or that of its nominee) in accordance with the terms of this DebentureCharge, it is expressly agreed that the Chargor shall remain liable to observe and perform all of the conditions and obligations attaching to any of the Securities Shares including the payment of any sum due in respect of the SecuritiesShares.

Appears in 2 contracts

Samples: Charge Over Shares, Charge Over Shares (Diametrics Medical Inc)

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Continuing Liabilities. Subject to due notification thereof by the Administrative Agent where the Securities Shares are registered in the Administrative Agent’s name (or that of its nominee) in accordance with the terms of this DebentureCharge, it is expressly agreed that the Chargor shall remain liable to observe and perform all of the conditions and obligations attaching to any of the Securities Shares including the payment of any sum due in respect of the SecuritiesShares.

Appears in 1 contract

Samples: Revolving Credit Agreement (CKX, Inc.)

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