Common use of CONTINUING AND ADDITIONAL SECURITY Clause in Contracts

CONTINUING AND ADDITIONAL SECURITY. 8.1 This Deed of Guarantee and Indemnity is a continuing security and shall remain in full force and effect until all the Guaranteed Obligations have been discharged or satisfied in full notwithstanding the liquidation or other incapacity or any change in the constitution of the Purchaser or of the Purchaser's Guarantor, or in the name and style of either of them, any intermediate payment or performance or the invalidity or unenforceability in whole or in part of the Guaranteed Obligations or any other matter whatsoever.

CONTINUING AND ADDITIONAL SECURITY. 8.1 This 8.1This Deed of Guarantee and Indemnity is a continuing security and shall remain in full force and effect until all the Guaranteed Obligations and the indemnity obligations have been discharged or satisfied in full notwithstanding any intermediate payment or discharge by the Guarantor of the Guaranteed Obligations or the liquidation or other incapacity or any change in the constitution or name of the Purchaser Charterer or of the Purchaser's Guarantor, or in the name and style of either of them, any intermediate payment or performance or the invalidity or unenforceability in whole or in part of the Guaranteed Obligations Guarantor or any settlement of account or other matter or thing whatsoever.

CONTINUING AND ADDITIONAL SECURITY. 8.1 This 8.1This Deed of Guarantee and Indemnity is a continuing security and shall remain in full force and effect until all the Guaranteed Obligations and the indemnity obligations have been discharged or satisfied in full notwithstanding any intermediate payment or discharge by the Guarantor of the Guaranteed Obligations or the liquidation or other incapacity or any change in the constitution or name of the Purchaser Operator or of the Purchaser's Guarantor, or in the name and style of either of them, any intermediate payment or performance or the invalidity or unenforceability in whole or in part of the Guaranteed Obligations Guarantor or any settlement of account or other matter or thing whatsoever.

CONTINUING AND ADDITIONAL SECURITY. 8.1 This Deed of Guarantee and Indemnity is a continuing security and shall remain in full force and effect until all the Guaranteed Obligations and the indemnity obligations have been discharged or satisfied in full notwithstanding any intermediate payment or discharge by the Guarantor of the Guaranteed Obligations or the liquidation or other incapacity or any change in the constitution or name of the Purchaser Contractor or of the Purchaser's Guarantor, or in the name and style of either of them, any intermediate payment or performance or the invalidity or unenforceability in whole or in part of the Guaranteed Obligations Guarantor or any settlement of account or other matter or thing whatsoever.