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.
Appears in 9 contracts
Samples: Pledge Over Cpecs Agreement (Beverage Packaging Holdings (Luxembourg) v S.A.), Pledge Over Shares Agreement (Beverage Packaging Holdings (Luxembourg) v S.A.), Pledge Over Shares Agreement (Beverage Packaging Holdings (Luxembourg) IV S.a r.l.)
EFFECTIVENESS OF COLLATERAL. 7.1 11.1 The Pledge shall be a continuing security and shall not be considered as satisfied or discharged or prejudiced by any intermediate partial payment, satisfaction or settlement of any part of the Secured Obligations and shall remain in full force and effect until it has been discharged the Security Agent releases the Pledges in accordance with Clause 7.2 of this Pledge Agreement9.
Appears in 4 contracts
Samples: Account Pledge Agreement, Account Pledge Agreement (Mercer International Inc), Account Pledge Agreement (Mercer International Inc.)
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 Agreementby the express written release thereof granted by the Collateral Agent.
Appears in 3 contracts
Samples: Aircraft Lease Agreement, Aircraft Lease Agreement (International Lease Finance Corp), Term Loan Security Agreement (International Lease Finance Corp)
EFFECTIVENESS OF COLLATERAL. 7.1 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 the terms of Clause 7.2 of this Pledge Agreement.
Appears in 2 contracts
Samples: Account Pledge Agreement (Reynolds Group Holdings LTD), Account Pledge Agreement (Reynolds Group Holdings LTD)
EFFECTIVENESS OF COLLATERAL. 7.1 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.
Appears in 2 contracts
Samples: Pledge Over Shares Agreement (Reynolds Group Holdings LTD), Pledge Over Shares Agreement (Reynolds Group Holdings LTD)
EFFECTIVENESS OF COLLATERAL. 7.1 6.1 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 the terms of Clause 7.2 6.2 of this the Pledge Agreement.
Appears in 2 contracts
Samples: Pledge Over Receivables Agreement (Beverage Packaging Holdings (Luxembourg) v S.A.), Pledge Agreement (RenPac Holdings Inc.)
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 by the express written release thereof granted by the Third Priority Security Agent or in accordance with Clause 7.2 the terms of this Pledge Agreementthe Intercreditor Arrangements and the Third Ranking Finance Documents.
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EFFECTIVENESS OF COLLATERAL. 7.1 8.1 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 Agreementexpressly released by the Secured Party.
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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 by the express written release thereof granted by the Second Priority Security Agent or in accordance with Clause 7.2 the terms of this Pledge Agreementthe Intercreditor Arrangements and the Second Ranking Finance Documents.
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EFFECTIVENESS OF COLLATERAL. 7.1 8.1 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 8.2 of this Pledge Agreement.
Appears in 1 contract
Samples: Pledge Over Shares Agreement (RenPac Holdings Inc.)
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 the Pledge Agreement.
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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 Foreign Obligations and shall remain in full force and effect until it has been discharged in accordance with by the express written release thereof granted by the Administrative Agent or until release of collateral pursuant to section 9.11 of the Credit Agreement and Clause 7.2 16 of this Pledge Agreement.
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