EFFECTIVENESS OF COLLATERAL. 7.1 The Pledge shall be a continuing security and shall not be considered as satisfied or discharged or prejudiced by any intermediate payment, satisfaction or settlement of any part of the Secured Obligations and shall remain in full force and effect until it has been discharged in accordance with Clause 7.2 of this Pledge Agreement.
EFFECTIVENESS OF COLLATERAL. 11.1 The collateral constituted by this Agreement and the Collateral Rights shall be cumulative, in addition to and independent of every other security which the Security Trustee may at any time hold for the Secured Obligations or any rights, powers and remedies provided by law. No prior security held by the Security Trustee over the whole or any part of the Charged Portfolio shall merge into the collateral hereby constituted.
EFFECTIVENESS OF COLLATERAL. 12.1 The Security and the Collateral Rights shall be cumulative, in addition to and independent of every other security which any Secured Party may at any time hold for the Obligations or any rights, powers and remedies provided by law. No prior security held by any Secured Party over the whole or any part of the Pledged Portfolio shall merge into the Security.
EFFECTIVENESS OF COLLATERAL. 12.1 No failure on the part of the Security Agent to exercise, or delay on its part in exercising, any Security Agent’s Right shall operate as a waiver thereof, nor shall any single or partial exercise of a Security Agent’s Right preclude any further or other exercise of that or any other Security Agent’s Right.
EFFECTIVENESS OF COLLATERAL. DISCHARGE OF SECURED DEBT...................10 12.
EFFECTIVENESS OF COLLATERAL. 11.1 No failure or delay on the part of the Security Agent to exercise any Security Agent’s Right shall operate as a waiver thereof, nor shall any single or partial exercise of a Security Agent’s Right by the Security Agent preclude any other or further exercise of that or any other Security Agent’s Right. The Security Agent’s Rights hereunder are cumulative to those provided by any other security in respect of the Secured Obligations and not exclusive of any remedies provided by law.
EFFECTIVENESS OF COLLATERAL. 12.1 The collateral constituted by this Charge and the Collateral Rights shall be cumulative, in addition to and independent of every other Security which the Chargee may at any time hold for the Secured Obligations or any rights, powers and remedies provided by law. No prior Security held by the Chargee over the whole or any part of the Charged Property shall merge into the collateral constituted by this Charge.
EFFECTIVENESS OF COLLATERAL. 14.1 The collateral constituted by this Security Agreement and the Collateral Rights shall be cumulative, in addition to and independent of every other security which the Secured Party may at any time hold for the Obligations or any rights, powers and remedies provided by law. No prior security held by the Secured Party over the whole or any part of the Collateral shall merge into the collateral hereby constituted.
EFFECTIVENESS OF COLLATERAL. 7.1 The Pledges shall be cumulative, in addition to, and independent of every other security which the Central Bank may at any time hold as security for the Secured Obligations or any rights, powers and remedies provided by law and shall not operate so as in any way to prejudice or affect or be prejudiced or affected by any security interest or other right or remedy which the Central Bank may now or at any time in the future have in respect of the Secured Obligations.
EFFECTIVENESS OF COLLATERAL. 10.1 The obligations of the Chargor and the Collateral Rights shall not be discharged, impaired or otherwise affected by:
