Common use of EFFECTIVENESS OF COLLATERAL; DISCHARGE OF SECURED DEBT Clause in Contracts

EFFECTIVENESS OF COLLATERAL; DISCHARGE OF SECURED DEBT. (a) The collateral constituted by this Agreement and the Collateral Rights shall be cumulative, in addition to and independent of every other security which the Pledgee may at any time hold for the Secured Debt or any rights, powers and remedies provided by law.

Appears in 6 contracts

Samples: Share Pledge Agreement (Adecco Sa), Share Pledge Agreement (Adecco Sa), Share Pledge Agreement (Adecco Sa)

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EFFECTIVENESS OF COLLATERAL; DISCHARGE OF SECURED DEBT. (a) The collateral constituted by this Agreement and the Collateral Rights shall be cumulative, in addition to and independent of every other security which the Pledgee may at any time hold for the Secured Debt or any rights, powers and remedies provided by law.

Appears in 2 contracts

Samples: Agreement (White & Case/Fa), Agreement (White & Case/Fa)

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