INDEPENDENT PLEDGES. The validity and effect of each of the Pledges shall be independent from the validity and the effect of any of the other Pledges created hereunder and is in addition, and without any prejudice, to any other security which any and all of the Pledgees may now or hereafter hold in respect of the Secured Claims. Each of the Pledges to each of the Pledgees shall be separate and individual pledges. Each of the Pledges shall rank pari passu to each other Pledge created hereunder.
Appears in 2 contracts
Samples: Share Pledge Agreement (Kabel Deutschland GmbH), Interest Pledge Agreement (Kabel Deutschland GmbH)
INDEPENDENT PLEDGES. The validity and effect of each of the Pledges shall be independent from the validity and the effect of any of the other Pledges created hereunder and is in addition, and without any prejudice, to any other security which any and all of the Pledgees Pledgee may now or hereafter hold in respect of the Secured Claims. Each of Pledge to the Pledges to each of the Pledgees Pledgee shall be a separate and individual pledgespledge. Each of the Pledges shall rank pari passu in priority to each other Pledge created hereunder.
Appears in 2 contracts
Samples: Share Pledge Agreement (Solutia Inc), Share Pledge Agreement (Solutia Inc)
INDEPENDENT PLEDGES. The validity and effect of each of the Pledges shall be independent from the validity and the effect of any of the other Pledges created hereunder and is in addition, and without any prejudice, to any other security which any and all of the Pledgees may now or hereafter hold in respect of the Secured Claims. Each of the Pledges Pledge to each of the Pledgees shall be a separate and individual pledgespledge. Each of the Pledges shall rank pari passu to each other Pledge created hereunder.
Appears in 2 contracts
Samples: Account Pledge Agreement (Kabel Deutschland Vertrieb Und Service GmbH & Co. KG), Account Pledge Agreement (Kabel Deutschland GmbH)
INDEPENDENT PLEDGES. The validity and effect of each of the Pledges shall be independent from the validity and the effect of any of the other Pledges created hereunder and is in addition, and without any prejudice, to any other security which any and all of the Pledgees Pledgee may now or hereafter hold in respect of the Secured Claims. Each of the The Pledges to each of the Pledgees shall be separate and individual pledges. Each of the Pledges shall rank pari passu in priority to each other Pledge created hereunder.
Appears in 1 contract
INDEPENDENT PLEDGES. The validity and effect of each of the Pledges shall be independent from the validity and the effect of any of the other Pledges created hereunder and is in addition, and without any prejudice, to any other security Security which any and all of the Pledgees Pledgee may now or hereafter hold in respect of the Secured Claims. Each of the Pledges to each of the Pledgees shall be separate and individual pledges. Each of the Pledges shall rank pari passu to each other Pledge created hereunderObligations.
Appears in 1 contract
Samples: Deposit Account Pledge Agreement
INDEPENDENT PLEDGES. The validity and effect of each of the Pledges shall be independent from the validity and the effect of any of the other Pledges created hereunder and is in addition, and without any prejudice, to any other security Security which any and all of the Pledgees Pledgee may now or hereafter hold in respect of the Secured Claims. Each of the Pledges to each of the Pledgees shall be separate and individual pledges. Each of the Pledges shall rank pari passu to each other Pledge created hereunder.
Appears in 1 contract
Samples: Deposit Account Pledge Agreement
