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. 11.2 This Agreement shall create a continuing security and no change, amendment, or supplement whatsoever in the Relevant Documents or in any document or agreement related to any of the Relevant Documents shall affect the validity or the scope of this Agreement nor the obligations which are imposed on the Pledgor pursuant to it. 11.3 This Agreement is independent from any other security or guarantee which may have been or will be given to the Pledgee. None of such other security shall prejudice, or shall be prejudiced by, or shall be merged in any way with this Agreement.

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 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. 11.2 This Agreement shall create a continuing security and no change, amendment, or supplement whatsoever in the Relevant Documents Convertible Notes or in any document or agreement related to any of the Relevant Documents Convertible Notes shall affect the validity or the scope of this Agreement nor the obligations which are imposed on the Pledgor pursuant to it. 11.3 This Agreement is independent from any other security or guarantee which may have been or will be given to the Pledgee. None of such other security shall prejudice, or shall be prejudiced by, or shall be merged in any way with this Agreement.

Appears in 1 contract

Samples: Share Pledge Agreement (Fibercore Inc)

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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. 11.2 This Agreement shall create a continuing security and no change, amendment, or supplement whatsoever in the Relevant Documents or in any document or agreement related to any of the Relevant Documents shall affect the validity or the scope of this Agreement nor the obligations which are imposed on the Pledgor pursuant to it. 11.3 This Agreement is independent from any other security or guarantee which may have been or will be given to the Pledgee. None of such other security shall prejudice, or shall be prejudiced by, or shall be merged in any way with this Agreement.

Appears in 1 contract

Samples: Limited Partner's Interest Pledge Agreement (Marconi Corp PLC)

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