Indemnities and reimbursement obligations. Any indemnity, reimbursement, payment or similar obligation in this agreement:
(a) is a continuing obligation despite the satisfaction of any payment or other obligation in connection with this agreement, any settlement or any other thing;
(b) is independent of any other obligations under this agreement or any other agreement; and
(c) continues after this agreement, or any obligation arising under it, ends. It is not necessary for a party to incur expense or make payment before enforcing a right of indemnity in connection with this agreement.
Indemnities and reimbursement obligations. Any indemnity, reimbursement, payment or similar obligation in this Agreement: is a continuing obligation despite the satisfaction of any payment or other obligation in connection with this Agreement, any settlement or any other thing; is independent of any other obligations under this Agreement or any other agreement; and continues after this Agreement, or any obligation arising under it, ends. It is not necessary for a party to incur expense or make payment before enforcing a right of indemnity in connection with this Agreement. Subject to clause 24, any present or future Law which operates to vary the obligations of a party in connection with this Agreement with the result that another party’s rights, powers or remedies are adversely affected (including, by way of delay or postponement) is excluded except to the extent that its exclusion is prohibited or rendered ineffective by Law.
Indemnities and reimbursement obligations. The Mortgagee or a Receiver need not incur an expense or make a payment before enforcing an indemnity or reimbursement obligation in a Transaction Document. Unless otherwise stated, each such indemnity or reimbursement obligation is separate and independent of each other obligation of the party giving it, is absolute, irrevocable, unconditional and payable on demand and continues despite any settlement of account, termination of any Transaction Document or anything else.
Indemnities and reimbursement obligations. The Security Trustee or a Beneficiary need not incur an expense or make a payment before enforcing an indemnity or reimbursement obligation in a Security Trustee Document. Unless otherwise stated, each such indemnity or reimbursement obligation is separate and independent of each other obligation of the party giving it, is absolute, irrevocable, unconditional and payable on demand and continues despite any settlement of account, termination of any Security Trustee Document or anything else.
Indemnities and reimbursement obligations. Unless otherwise stated, each indemnity, reimbursement or similar obligation in any Transaction Document:
(a) is a continuing obligation; (b) is a separate and independent obligation; (c) is payable on demand; and (d) survives termination or discharge of the relevant Transaction Document.
