Indemnities separate Sample Clauses
The "Indemnities separate" clause establishes that each indemnity provided in the contract operates independently from the others. This means that the enforcement or validity of one indemnity is not affected by the status or enforceability of any other indemnity in the agreement. For example, if one indemnity is found to be unenforceable or is not triggered, the remaining indemnities still stand and can be relied upon. The core practical function of this clause is to ensure that the protection offered by each indemnity remains intact, thereby reducing the risk that the failure of one indemnity could undermine the overall risk allocation intended by the parties.
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Indemnities separate. Each of the indemnities in this Agreement constitutes a separate and independent obligation from the other obligations in this Agreement, shall give rise to a separate and independent cause of action, shall apply irrespective of any indulgence granted by the Agent, any Arranger and/or any Bank and shall continue in full force and effect despite any judgment, order, claim or proof for a liquidated amount in respect of any sum due under this Agreement or any other judgment or order.
Indemnities separate. The indemnities in these presents constitute separate and independent obligations from the other obligations in these presents and the other Current Issuer Transaction Documents, will give rise to separate and independent causes of action, will apply irrespective of any indulgence granted by the Note Trustee and/or any Noteholder or other Current Issuer Secured Creditor and will continue in full force and effect despite any judgment, order, claim or proof for a liquidated amount in respect of any sum due under these presents, the Current Issuer Notes, any other Current Issuer Transaction Documents or any other judgment or order. Any such loss as referred to in Clause 13.1 (Currency and Indemnity) shall be deemed to constitute a loss suffered by the Note Trustee, the Noteholders or the relevant Current Issuer Secured Creditors and no proof or evidence of any actual loss shall be required by the Current Issuer or its liquidator or liquidators.
Indemnities separate. These indemnities constitute obligations separate and independent from the other obligations in this Trust Deed, will give rise to a separate and independent cause of action, will apply irrespective of any indulgence granted by the Trustee and/or any Noteholder and/or any Couponholder and will continue in full force and effect despite any judgment, order, claim or proof for a liquidated amount in respect of any sum due under this Trust Deed or any judgment or order. No proof of evidence of any actual loss will be required.
Indemnities separate. The above indemnities (i) will constitute separate and independent obligations from the Customer’s other obligations under this Agreement, and (ii) will give rise to separate and independent causes of action against the Customer.
Indemnities separate. The indemnities in this Trust Deed constitute separate and independent obligations from the other obligations in this Trust Deed, will give rise to separate and independent causes of action, will apply irrespective of any indulgence granted by the Trustee and/or any Noteholder or Couponholder and will continue in full force and effect despite any judgment, order, claim or proof for a liquidated amount in respect of any sum due under this Trust Deed or the Notes and/or the Coupons or any other judgment or order. Any such Liability as referred to in sub-clause 11.1(f) (Indemnity) shall be deemed to constitute a Liability suffered by the Trustee, the Noteholders and Couponholders and no proof or evidence of any actual Liability shall be required by the Issuer, any Guarantor or their respective liquidator or liquidators.
Indemnities separate. Each indemnity in this clause constitutes a separate and independent obligation of the Client from its other obligations under this clause.
Indemnities separate. The indemnities in this Clause 12 are continuing and constitute separate and independent obligations from the other obligations in this Trust Deed, will give rise to separate and independent causes of action, will apply irrespective of any indulgence granted by the Trustee and/or any Noteholder and will continue in full force and effect despite any judgment, order, claim or proof for a liquidated amount in respect of any sum due under this Trust Deed or the Notes or any other judgment or order. Any such Liability as referred to in subclause 12.3(a) shall be deemed to constitute a Liability suffered by the Trustee and the Noteholders and no proof or evidence of any actual Liability shall be required by an Issuer or its liquidator or liquidators.
Indemnities separate. The indemnities in these presents constitute separate and independent obligations from the other obligations in these presents and the other Issuer Transaction Documents, will give rise to separate and independent causes of action, will apply irrespective of any indulgence granted by the Note Trustee and/or any Noteholder or other Issuer Secured Creditor and will continue in full force and effect despite any judgment, order, claim or proof for a liquidated amount in respect of any sum due under these presents, the Issuer Notes, any other Issuer Transaction Documents or any other judgment or order. Any such loss as referred to in Clause 13.1 (Currency and Indemnity) shall be deemed to constitute a loss suffered by the Note Trustee, the Noteholders or the relevant Issuer Secured Creditors and no proof or evidence of any actual loss shall be required by the Master Issuer or its liquidator or liquidators.
Indemnities separate. Each indemnity in each Finance Document shall:
(a) constitute a separate and independent obligation from the other obligations in that or any other Finance Document;
(b) give rise to a separate and independent cause of action;
(c) apply irrespective of any indulgence granted by any Finance Party;
(d) continue in full force and effect despite any judgment, order, claim or proof for a liquidated amount in respect of any sum due under any Finance Document or any other judgment or order; and
(e) apply whether or not any claim under it relates to any matter disclosed by the Guarantor or otherwise known to any Finance Party.
Indemnities separate. The indemnities in this Deed constitute separate and independent obligations from the other obligations in this Deed, will give rise to separate and independent causes of action, will apply irrespective of any indulgence granted by the Trustee and will continue in full force and effect despite any judgment, order, claim or proof for a liquidated amount in respect of any sum due under this Deed or any other judgment or order. Any such loss arising from and/or in connection with this Deed shall be deemed to constitute a loss suffered by the Trustee and no proof or evidence of any actual loss shall be required by the Company or its liquidator or liquidators.
