Common use of Indemnities separate Clause in Contracts

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.

Appears in 2 contracts

Samples: Trust Deed, Trust Deed

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Indemnities separate. The indemnities in this Clause 12 are continuing and 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 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(aClause 17.6 (Indemnification) shall be deemed to constitute a Liability suffered by the Trustee and Trustee, the Noteholders and no proof or evidence of any actual Liability shall be required by an the Issuer or its liquidator or liquidators.

Appears in 1 contract

Samples: Trust Deed

Indemnities separate. The indemnities in this Clause 12 are continuing and 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 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(asub-clause 10.3.3 (Indemnity) shall be deemed to constitute a Liability suffered by the Trustee and Trustee, the Noteholders and no proof or evidence of any actual Liability shall be required by an the Issuer or its liquidator or liquidators.

Appears in 1 contract

Samples: Trust Deed (BMB Munai Inc)

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Indemnities separate. The indemnities in this Clause 12 are continuing and 11 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 or the Coupons or any other judgment or order. Any such Liability as referred to in subclause 12.3(a) this Clause 11 shall be deemed to constitute a Liability suffered by the Trustee Trustee, the Noteholders and the Noteholders Couponholders and no proof or evidence of any actual Liability shall be required by an the Issuer or its liquidator or liquidators.

Appears in 1 contract

Samples: Trust Deed (Koninklijke Philips Nv)

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