Common use of SEPARATE AND INDEPENDENT OBLIGATIONS Clause in Contracts

SEPARATE AND INDEPENDENT OBLIGATIONS. The Security created by the Assignor by or in connection with any Finance Document is separate from and independent of any other Security created or intended to be created by any other provider of Security by or in connection with any Finance Document.

Appears in 2 contracts

Samples: Facility Agreement (PT Indosat TBK), Facility Agreement (PT Indosat TBK)

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SEPARATE AND INDEPENDENT OBLIGATIONS. The Security created by the Assignor by or in connection with any Finance Document is separate from and independent of any other the Security created or intended to be created by any other provider of Security by or in connection with any Finance Document.

Appears in 2 contracts

Samples: Security Agreement, Security Agreement

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SEPARATE AND INDEPENDENT OBLIGATIONS. (a) The Security created by the each Assignor by or in connection with any Finance Document is separate from and independent of any other the Security created or intended to be created by any other provider of Security Assignor by or in connection with any Finance Document.

Appears in 1 contract

Samples: Security Agreement

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