Common use of Continuity of Obligations Clause in Contracts

Continuity of Obligations. 14.1 All of Party A’s obligations hereunder shall continue and be binding to Party A’s successors, designees, transferees and all surviving entities after merger, reorganization and change of names, and shall not be subject to any dispute, claims, orders from superiors, provisions of Party A’s contracts with other parties, nor shall they be affected by the debtor’s bankruptcy, loss of ability to repay the debt or of business qualifications or any other events.

Appears in 4 contracts

Samples: Working Capital Loan Contract (Yongye International, Inc.), Working Capital Loan Contract (Yongye International, Inc.), Working Capital Loan Contract (Yongye International, Inc.)

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