Common use of DURATION AND INDEPENDENCE Clause in Contracts

DURATION AND INDEPENDENCE. 11.1 This Agreement shall remain in full force and effect until complete satisfaction of the Secured Obligations. The Pledges shall not cease to exist, if the Pledgor has only temporarily discharged the Secured Obligations.

Appears in 8 contracts

Samples: Account Pledge Agreement (Marconi Corp PLC), Account Pledge Agreement (Marconi Corp PLC), Share Pledge Agreement (Marconi Corp PLC)

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DURATION AND INDEPENDENCE. 11.1 13.1 This Agreement shall remain in full force and effect until complete satisfaction unconditional discharge in full of the Secured Obligations. The Pledges Pledge shall not cease to exist, exist if the Pledgor under the Finance Documents has only temporarily discharged the Secured Obligations.

Appears in 1 contract

Samples: Flagstone Reinsurance Holdings, S.A.

DURATION AND INDEPENDENCE. 11.1 10.1 This Agreement shall remain in full force and effect until complete satisfaction satisfaction, defeasance or discharge of the Secured ObligationsObligations or the release of the Pledge pursuant to the terms of the Indenture. The Pledges Pledge shall not cease to exist, exist if the Pledgor has under the Notes have only temporarily discharged the Secured Obligations.

Appears in 1 contract

Samples: Interest Pledge Agreement (Nl Industries Inc)

DURATION AND INDEPENDENCE. 11.1 12.1 This Agreement shall remain in full force and effect until complete satisfaction of the Secured Obligations. The Pledges shall not cease to exist, exist if the Pledgor has Secured Obligations have only temporarily discharged the Secured Obligationsbeen discharged.

Appears in 1 contract

Samples: Account Pledge Agreement (International Shipholding Corp)

DURATION AND INDEPENDENCE. 11.1 This Agreement shall remain in full force and effect until complete satisfaction of the Secured Obligations. The Pledges shall not cease to exist, exist if the Pledgor has only temporarily discharged the Secured Obligations.

Appears in 1 contract

Samples: Marconi Corp PLC

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DURATION AND INDEPENDENCE. 11.1 12.1 This Agreement shall remain in full force and effect until complete satisfaction of the Secured Obligations. The Pledges shall not cease to exist, if the Pledgor has only temporarily discharged the Secured Obligations.

Appears in 1 contract

Samples: Share Pledge Agreement (Kronos International Inc)

DURATION AND INDEPENDENCE. 11.1 This Agreement shall remain in full force and effect until complete satisfaction of the Secured Obligations. The Pledges shall not cease to exist, if the Pledgor under the Convertible Notes has only temporarily discharged the Secured Obligations.

Appears in 1 contract

Samples: Share Pledge Agreement (Fibercore Inc)

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