Common use of Security Interests Absolute Clause in Contracts

Security Interests Absolute. All rights of the Collateral Agent, all Security Interests hereunder and all obligations of each Canadian Loan Party hereunder are unconditional and absolute and independent and separate from any other security for or guaranty of the Finance Obligations, whether executed by such Canadian Loan Party, any other Canadian Loan Party or any other Person. Without limiting the generality of the foregoing, the obligations of each Canadian Loan Party hereunder shall not be released, discharged or otherwise affected or impaired by:

Appears in 4 contracts

Samples: Canadian Security Agreement (Masonite International Corp), Credit Agreement (Masonite International Corp), Canadian Security Agreement (Masonite International Corp)

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Security Interests Absolute. All rights of the Canadian Collateral Agent, all Security Interests security interests hereunder and all obligations of each Canadian Loan Credit Party hereunder are unconditional and absolute and independent and separate from any other security for or guaranty of the Finance Obligations, whether executed by such Canadian Loan Credit Party, any other Canadian Loan Credit Party or any other Person. Without limiting the generality of the foregoing, the obligations of each Canadian Loan Credit Party hereunder shall not be released, discharged or otherwise affected or impaired by:

Appears in 1 contract

Samples: Ppsa Security Agreement (Brooks Pharmacy, Inc.)

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