Common use of Principal and independent obligation Clause in Contracts

Principal and independent obligation. This clause is a principal and independent obligation. Except for stamp duty purposes, it is not ancillary or collateral to another document, agreement, right or obligation.

Appears in 4 contracts

Samples: Loan Agreement (Tritium DCFC LTD), Facilities Agreement (Alignvest Acquisition Corp), Loan Agreement (MGM Grand Inc)

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Principal and independent obligation. This clause is a principal and independent obligation. Except for stamp duty purposes, it It is not ancillary or collateral to another document, agreement, right or obligation.

Appears in 1 contract

Samples: Deed of Guarantee and Indemnity (Australian Oilseeds Holdings LTD)

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Principal and independent obligation. This clause 2 is a principal and independent obligation. Except for stamp duty purposes, it is not ancillary or collateral secondary to another document, agreement, right or obligation.

Appears in 1 contract

Samples: Contract of Sale of Real Estate

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