Common use of Security Interests Absolute Clause in Contracts

Security Interests Absolute. All rights of the Trustee hereunder, the Security Interests and all obligations of the Pledgor hereunder shall be absolute and unconditional irrespective of (a) any lack of validity or enforceability of the Deed of Charge, any other Transaction Document, any agreement with respect to any of the Secured Obligations or any other agreement or instrument relating to any of the foregoing, (b) any change in the time, manner or place of payment of, or in any other term of, all or any of the Secured Obligations, or any other amendment or waiver of or any consent to any departure from the Deed of Charge, any other Transaction Document or any other agreement or instrument, (c) any exchange, release or non-perfection of any Lien on other collateral, or any release or amendment or waiver of or consent under or departure from any security document or guarantee securing or guaranteeing all or any of the Secured Obligations, or (d) any other circumstance that might otherwise constitute a defense available to, or a discharge of, the Pledgor in respect of the Secured Obligations or this Agreement (other than the indefeasible payment in full in cash of the Secured Obligations)

Security Interests Absolute. All rights of the Trustee Security Agent hereunder, the Security Interests and all obligations of the Pledgor Grantors hereunder shall be absolute and unconditional irrespective of (a) any lack of validity or enforceability of the Deed of Chargeany Credit Agreement, any other Transaction Loan Document, any agreement with respect to any of the Secured Obligations or any other agreement or instrument relating to any of the foregoing, (b) any change in the time, manner or place of payment of, or in any other term of, all or any of the Secured Obligations, or any other amendment or waiver of or any consent to any departure from the Deed of Chargeany Credit Agreement, any other Transaction Loan Document or any other agreement or instrument, (c) any exchange, release or non-perfection of any Lien on other collateral, or any release or amendment or waiver of or consent under or departure from any security document Security Document or guarantee securing or guaranteeing all or any of the Secured Obligations, or (d) any other circumstance that might otherwise constitute a defense available to, or a discharge of, the Pledgor Grantors in respect of the Secured Obligations or this Agreement (other than the indefeasible payment in full in cash of the Secured Obligations).

Security Interests Absolute. All rights of the Trustee Security Agent hereunder, the Security Interests and all obligations of the Pledgor Grantors hereunder shall be absolute and unconditional irrespective of (a) any lack of validity or enforceability of the Deed of ChargeFacility Agreement, any other Transaction Finance Document, any agreement with respect to any of the Secured Obligations or any other agreement or instrument relating to any of the foregoing, (b) any change in the time, manner or place of payment of, or in any other term of, all or any of the Secured A07164677/5.0/13 Dec 2006 Obligations, or any other amendment or waiver of or any consent to any departure from the Deed of ChargeFacility Agreement, any other Transaction Finance Document or any other agreement or instrument, (c) any exchange, release or non-perfection of any Lien on other collateral, or any release or amendment or waiver of or consent under or departure from any security document Security Document or guarantee securing or guaranteeing all or any of the Secured Obligations, or (d) any other circumstance that might otherwise constitute a defense available to, or a discharge of, the Pledgor Grantors in respect of the Secured Obligations or this Agreement (other than the indefeasible payment in full in cash of the Secured Obligations).

Security Interests Absolute. All rights of the Trustee Administrative Agent hereunder, the Security Interests Interest and all obligations of the Pledgor Grantors hereunder shall shall, to the fullest extent permitted by applicable law, be absolute and unconditional irrespective of (a) any lack of validity or enforceability of the Deed of Charge, any other Transaction Loan Document, any agreement with respect to any of the Secured Obligations or any other agreement or instrument relating to any of the foregoing, (b) any change in the time, manner or place of payment of, or in any other term of, all or any of the Secured Obligations, or any other amendment to or waiver of or any consent to any departure from the Deed of Chargeany Loan Document, any other Transaction Document or any other agreement or instrument, (c) any exchange, release or non-perfection of any Lien on other collateralCollateral, or any release or amendment or waiver of or consent under or departure from any security document or guarantee guarantee, securing or guaranteeing all or any of the Secured Obligations, or (d) any other circumstance that might otherwise constitute a defense available to, or a discharge of, the Pledgor any Grantor in respect of the Secured Obligations or this Agreement (other than that the indefeasible payment in full in cash of the Secured ObligationsObligations Payment Date shall have occurred).