Principal obligations Sample Clauses

Principal obligations. This agreement and each Collateral Security is: (a) a principal obligation and is not ancillary or collateral to any other Encumbrance (other than another Collateral Security) or other obligation; and (b) independent of, and unaffected by, any other Encumbrance or other obligation which any Finance Party may hold at any time in respect of the Secured Moneys.
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Principal obligations. The Security and each Collateral Security is: (a) a principal obligation and is not ancillary or collateral to any other Encumbrance (other than another Collateral Security) or other obligation; and
Principal obligations. General Your principal obligations
Principal obligations. The obligations of Harmony Gold under this clause 17 are absolute, unconditional and irrevocable and: (a) are principal obligations of Harmony Gold and not ancillary or collateral to any other right or obligation; and (b) may be enforced against Harmony Gold without the Seller or Newcrest first being required to exhaust any remedy they may have against any other person.
Principal obligations. 5.1 The Customer and the Supplier shall each comply with their respective obligations set out in this Agreement and the schedules hereto with each Party remaining solely liable for the obligations and liabilities of its employees, agents and its subcontractors.
Principal obligations. The obligations of the Guarantor under this Guarantee and Indemnity are principal obligations imposed upon the Guarantor as principal debtor, and we have the right to make a claim or demand against the Guarantor pursuant to this Guarantee and Indemnity without having first taken any proceedings against the Renter or any other person.
Principal obligations. This agreement and each Collateral Security is: (a) a principal obligation and is not ancillary or collateral to an Encumbrance (other than another Collateral Security) or other obligation however created; and (b) independent of, and unaffected by an Encumbrance or other obligation however created which the Finance Parties may hold at any time in respect of the Secured Money.
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Principal obligations. This deed and each Security is: (a) a principal obligation and is not ancillary or collateral to any other Lien or other obligation however created other than another Loan Document; and (b) independent of any other Lien or other obligation which a Mortgagee may hold at any time for the Secured Money.
Principal obligations. (1) refers to the obligation under the Purchase Agreement bore by the Xxxxxxx, including but not limited to transfer the Domestic Company’s equity holding by the Xxxxxxx according to the Purchase Agreement, and the Xxxxxxx shall bear the cost (including
Principal obligations. 1. To accept delivery 2. To pay the price of the thing sold in legal tender unless another mode has been agreed upon
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