Common use of CONTINUING AND ADDITIONAL SECURITY Clause in Contracts

CONTINUING AND ADDITIONAL SECURITY. 4.1 The Pledge shall remain in force, and shall not be satisfied by any intermediate payment or intermediate satisfaction of any part of the Secured Obligations or by any intermediate settlement of accounts, until all of the Secured Obligations have been unconditionally and irrevocably paid in full (other than inchoate indemnity obligations) and no further Secured Obligations are capable of arising. 4.2 If, in the course of bankruptcy proceedings, any payment remitted in order to pay the Secured Obligations, is avoided or set aside or ordered to be refunded or reduced, on the grounds of fraudulent preference or otherwise, the obligations of the Pledgor hereunder shall revive and the security interest constituted by this Agreement shall continue with respect to the Secured Obligations the payment of which was avoided, set aside or ordered to be refunded or reduced. Share Pledge Agreement 4/12 4.3 The Pledge shall be cumulative, and shall be in addition to, and shall not in any way be prejudiced by or dependent on any collateral or other security now or thereafter held by or for the benefit of the Pledgees as security for the Secured Obligations or any lien to which they may be entitled (whether by contract or statute). The rights of the Pledgees hereunder are in addition to and not in lieu of those provided by law. The Pledge secures the Pledgees up to the amount of the Secured Obligations from time to time outstanding. 4.4 To the fullest extent permitted by applicable law, the Pledgor waives any right it may have to require the Pledgees to first proceed against, or claim payment from, any person or enforce any guarantee or security granted by any person before enforcing this Agreement and/or their rights hereunder or pursuant hereto.

CONTINUING AND ADDITIONAL SECURITY. 4.1 The Pledge Assignment shall remain in force, and shall not be satisfied by any intermediate payment or intermediate satisfaction of any part of the Secured Obligations or by any intermediate settlement of accounts, until all of the Secured Obligations have been unconditionally and irrevocably paid in full (other than inchoate indemnity obligations) and no further Secured Obligations are capable of arising. 4.2 If, in the course of bankruptcy proceedings, If any payment remitted in order to pay the Secured Obligations, in the course of bankruptcy proceedings, on the grounds of fraudulent preference or otherwise, is deemed capable of being avoided or set aside or ordered to be refunded or reduced, on the grounds of fraudulent preference or otherwise, the obligations of the Pledgor Assignor hereunder shall revive and the security interest constituted by this Agreement shall continue with respect to the Secured Obligations to the extent any payment thereof is deemed capable of which was being avoided, set aside or ordered to be refunded or reduced. Share Pledge Agreement 4/12. 4.3 The Pledge Assignment shall be cumulative, and shall be in addition to, and shall not in any way be prejudiced by or dependent on any collateral or other security now or thereafter held by or for the benefit of the Pledgees Agent as security for the Secured Obligations or any lien to which they it may be entitled (whether by contract or statute). The rights of the Pledgees Agent hereunder are in addition to and not in lieu of those provided by law. The Pledge Assignment secures the Pledgees Agent up to the amount of the Secured Obligations from time to time outstanding. 4.4 To the fullest extent permitted by applicable law, the Pledgor Assignor waives any right it may have to require the Pledgees Agent to first proceed against, or claim payment from, any person or enforce any guarantee or security granted by any person before enforcing this Agreement and/or their its rights hereunder or pursuant hereto.. Claims Security Assignment Agreement 4/12

CONTINUING AND ADDITIONAL SECURITY. 4.1 The Pledge Assignment shall remain in force, and shall not be satisfied by any intermediate payment or intermediate satisfaction of any part of the Secured Obligations or by any intermediate settlement of accounts, until all of the Secured Obligations have been unconditionally and irrevocably paid in full (other than inchoate indemnity obligations) and no further Secured Obligations are capable of arising. 4.2 If, in the course of bankruptcy proceedings, If any payment remitted in order to pay the Secured Obligations, in the course of bankruptcy proceedings, on the grounds of fraudulent preference or otherwise, is deemed capable of being avoided or set aside or ordered to be refunded or reduced, on the grounds of fraudulent preference or otherwise, the obligations of the Pledgor Assignor hereunder shall revive and the security interest constituted by this Agreement shall continue with respect to the Secured Obligations to the extent any payment thereof is deemed capable of which was being avoided, set aside or ordered to be refunded or reduced. Share Pledge Agreement 4/12. 4.3 The Pledge Assignment shall be cumulative, and shall be in addition to, and shall not in any way be prejudiced by or dependent on any collateral or other security now or thereafter held by or for the benefit of the Pledgees Agent as security for the Secured Obligations or any lien to which they it may be entitled (whether by contract or statute). The rights of the Pledgees Agent hereunder are in addition to and Bank Account Claims Security Assignment Agreement 4/11 not in lieu of those provided by law. The Pledge Assignment secures the Pledgees Agent up to the amount of the Secured Obligations from time to time outstanding. 4.4 To the fullest extent permitted by applicable law, the Pledgor Assignor waives any right it may have to require the Pledgees Agent to first proceed against, or claim payment from, any person or enforce any guarantee or security granted by any person before enforcing this Agreement and/or their its rights hereunder or pursuant hereto.