Common use of RIGHTS ATTACHING TO THE NIBS Clause in Contracts

RIGHTS ATTACHING TO THE NIBS. 6.1 Stamping, regrouping, splitting or renewal The Pledge shall not in any way be affected by any stamping, regrouping, splitting or renewal of the NIBs, or by any similar operation, and the financial instruments resulting from any such operation shall be part of the NIBs.

Appears in 4 contracts

Samples: Pledge Agreement (Sundance Strategies, Inc.), Pledge Agreement (Sundance Strategies, Inc.), Nibs Transfer Agreement (Sundance Strategies, Inc.)

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RIGHTS ATTACHING TO THE NIBS. 6.1 Stamping, regrouping, splitting or renewal The Pledge shall not in any way be affected by any stamping, regrouping, splitting or renewal of the NIBsNIBs or other Pledged Assets, or by any similar operation, and the financial instruments resulting from any such operation shall be part of the NIBsNIBs or other Pledged Assets.

Appears in 2 contracts

Samples: Pledge Agreement (Sundance Strategies, Inc.), Pledge Agreement (Sundance Strategies, Inc.)

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