Common use of Reconstruction Clause in Contracts

Reconstruction. The security, liabilities and obligations created by the Security Documents shall continue to be valid, binding and enforceable for all purposes even if there is a change by amalgamation, reconstruction or otherwise to the constitution of the Bank and/or the Borrower and/or the Security Party. Any change affecting the Bank, the Borrower and/or the Security Party shall not adversely affect the security, liabilities and obligations created under the Security Documents.

Appears in 4 contracts

Samples: Conventional Property Financing Facility Agreement, Conventional Property Financing Facility Agreement, Housing Loan Agreement

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Reconstruction. The security, liabilities and obligations created by the Security Documents shall will continue to be valid, binding and enforceable for all purposes even if there is a change by amalgamation, reconstruction or otherwise to the constitution of the Bank and/or the Borrower Bank, yourself and/or the Security Party. Any change affecting the Bank, the Borrower you and/or the Security Party shall will not adversely affect the security, liabilities and obligations created under the Security Documents.

Appears in 3 contracts

Samples: Facility Agreement, Facility Agreement, Facility Agreement

Reconstruction. The security, liabilities and obligations created by the Security Documents shall will continue to be valid, binding and enforceable for all purposes even if there is a change by amalgamation, reconstruction or otherwise to the constitution of the Bank Bank, the Customer and/or the Borrower and/or the any Security Party. Any change affecting the Bank, the Borrower Customer and/or the any Security Party shall will not adversely affect the security, liabilities and or obligations created under the Security Documents.

Appears in 2 contracts

Samples: Murabaha Facility Agreement, Murabahah Facility Agreement

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Reconstruction. The security, liabilities and obligations created by the Security Documents shall continue to be valid, binding and enforceable for all purposes even if there is a change by amalgamation, reconstruction or otherwise to the constitution of the Bank and/or the Borrower and/or the Security Party. Any change affecting the Bank, the Borrower and/or the Security Party shall not adversely affect the security, liabilities and obligations created under the Security Documents.. SECTION 28

Appears in 1 contract

Samples: Conventional Staff Facility Agreement

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