Common use of Continuing Security and Non-Merger Clause in Contracts

Continuing Security and Non-Merger. 15.1 The security constituted by this Mortgage shall be continuing and shall not be considered as satisfied or discharged by any intermediate payment or settlement of the whole or any part of the Secured Obligations or any other matter or thing whatsoever and shall be binding until all the Secured Obligations have been unconditionally and irrevocably paid and discharged in full. 15.2 This Mortgage is in addition to and shall not merge with or otherwise prejudice or affect any banker’s lien, right to combine and consolidate accounts, right of set-off or any other contractual or other right or remedy or any guarantee, lien, pledge, xxxx, note, charge or other security now or hereafter held by or available to the Mortgagee.

Appears in 2 contracts

Samples: Equitable Mortgage (Zhang Lee Ligang), Equitable Mortgage (Zhang Lee Ligang)

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Continuing Security and Non-Merger. 15.1 11.1 The security constituted by this Mortgage Deed shall be continuing and shall not be considered as satisfied or discharged by any intermediate payment or settlement of the whole or any part of the Secured Obligations or any other matter or thing whatsoever and shall be binding until all the Secured Obligations have been unconditionally and irrevocably paid and discharged in full. 15.2 11.2 This Mortgage Deed is in addition to and shall not merge with or otherwise prejudice or affect any banker’s 's lien, right to combine and consolidate accounts, right of set-off or any other contractual or other right or remedy or any guarantee, lien, pledge, xxxxbill, note, charge or other security now or hereafter held by or available to the MortgageeChargee.

Appears in 2 contracts

Samples: Share Charge Agreement (AutoTrader Group, Inc.), Share Charge Agreement (AutoTrader Group, Inc.)

Continuing Security and Non-Merger. 15.1 13.1 The security constituted by this Mortgage shall be continuing and shall not be considered as satisfied or discharged by any intermediate payment or settlement of the whole or any part of the Secured Obligations or any other matter or thing whatsoever and shall be binding until all the Secured Obligations have been unconditionally and irrevocably paid and discharged in full. 15.2 13.2 This Mortgage is in addition to and shall not merge with or otherwise prejudice or affect any banker’s 's lien, right to combine and consolidate accounts, right of set-off or any other contractual or other right or remedy or any guarantee, lien, pledge, xxxxbill, note, charge or other security now or hereafter held by or available to the MortgageeNoteholders.

Appears in 2 contracts

Samples: Equitable Mortgage Over Shares (TriLinc Global Impact Fund LLC), Equitable Mortgage Over Shares (TriLinc Global Impact Fund LLC)

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Continuing Security and Non-Merger. 15.1 14.1 The security constituted by this Mortgage shall be continuing and shall not be considered as satisfied or discharged by any intermediate payment or settlement of the whole or any part of the Secured Obligations or any other matter or thing whatsoever and shall be binding until all the Secured Obligations have been unconditionally and irrevocably paid and discharged in full. 15.2 14.2 This Mortgage is in addition to and shall not merge with or otherwise prejudice or affect any banker’s lien, right to combine and consolidate accounts, right of set-off or any other contractual or other right or remedy or any guarantee, lien, pledge, xxxxbxxx, note, charge or other security now or hereafter held by or available to the MortgageeMortgagees.

Appears in 1 contract

Samples: Equitable Mortgage (Kongzhong Corp)

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