Continuing and Independent Security Sample Clauses

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Continuing and Independent Security. This Assignment shall constitute and be continuing security which shall not be released or discharged by any intermediate payment or settlement of all or any of the Secured Obligations, shall continue in full force and effect until the end of the Security Period and is in addition to and independent of, and shall not prejudice or merge with, any other security (or any right of set-off) which the Collateral Agent may have at any time for the Secured Obligations or any of them.
Continuing and Independent Security. This Charge shall constitute and be continuing security which shall not be released or discharged by any intermediate payment or settlement of all or any of the Secured Obligations, shall continue in full force and effect until the end of the Security Period and is in addition to and independent of, and shall not prejudice or merge with, any other security (or any right of set-off) which the Secured Party may hold at any time for the Secured Obligations or any of them.
Continuing and Independent Security. The Assignment shall be continuing and independent security for the Secured Liabilities and shall not be satisfied, discharged or affected by any intermediate payment or settlement of account (whether or not any Secured Liabilities remain outstanding thereafter) or any other matter or thing whatsoever.
Continuing and Independent Security. The Security created under Clause 4.1 of this Deed shall constitute and be continuing security which shall not be released or discharged by any intermediate payment or settlement of the Secured Obligations or any of them, shall continue in full force and effect until the end of the Security Period and is in addition to and independent of, and shall not prejudice or merge with, any other security (or any right of set-off) which the Buyer or the Agent may hold at any time for the Secured Obligations or any of them.
Continuing and Independent Security. (a) The security interest granted by the Assignor hereunder shall remain in full force and effect as a continuing security for the Secured Obligations unless and until complete and definitive discharge of the Secured Obligations. (b) The security interest granted by the Assignor hereunder shall be cumulative, in addition to and independent of any other security interest which the Administrative Agent and/or the other Secured Parties (and/or any of them) may at any time hold for the Secured Obligations or any rights, powers and remedies provided by law. (c) To the fullest extent permitted by applicable law, the Assignor waives any right it may have of first requiring the Administrative Agent to proceed against, or claim payment from, any person or enforce any guarantee or security granted by any person before enforcing this Agreement and/or its rights hereunder or pursuant hereto. Security Assignment Agreement
Continuing and Independent Security. 6.1 This security shall be in addition to and shall be independent of every other security which the Pledgee at any time holds in respect of any or all of the obligations under the Facility Agreements. 6.2 This security shall constitute and be a continuing security, notwithstanding any settlement of accounts and, in particular but without limitation, shall not be considered satisfied by any intermediate payment or satisfaction of any of the obligations under the Facility Agreements in part, and shall continue in full force and effect until such time as all of the principal and interest under the Facility Agreements and all other amounts payable by the Pledgee under the Facility Agreements have been paid in full, whereupon this agreement shall be terminated in accordance with Article 7.
Continuing and Independent Security. The security created by this Pledge Agreement shall be a continuing and independent security and shall remain in full force and effect until the Secured Liabilities have been paid in full, notwithstanding the insolvency or liquidation or any incapacity or change in the constitution or status of the Pledgor, the Pledgeholder or any other person or any intermediate settlement of account or other matter whatsoever. This Pledge Agreement is in addition to, and independent of, any charge, guarantee or other security or right or remedy now or at any time hereafter held by or available to the Pledgeholder.
Continuing and Independent Security. This security shall be in addition to and shall be independent of every other security which the Pledgee at any time holds in respect of any or all of the obligations under the Facility Agreements.
Continuing and Independent Security. This Mortgage and the security hereby created shall be a continuing security and in particular (but without limitation) shall not be, nor be considered as, satisfied by any partial performance of the Secured Obligation until the Secured Obligation has been performed in full.
Continuing and Independent Security. 8.1 This Pledge Agreement (including the appointment of the Pledgee as the Pledgor’s attorney-in-fact under Section 7 hereof) and the Kun-Pledge hereby created shall remain in full force and effect as a continuing security for the Secured Obligations until the expiry of the Security Period. 8.2 This Pledge Agreement and the Kun-Pledge hereby created shall be in addition to and not in substitution for or derogation of any other security (whether given by the Pledgor or otherwise) now or from time to time hereafter held by the Pledgee in respect of or in connection with any or all of the Secured Obligations hereby secured. 8.3 For the purpose of exercising any of the rights, powers or remedies conferred upon the Pledgee by this Pledge Agreement or by any applicable law (the “Available Rights”), the Pledgee need not (i) take action or obtain judgment against the Pledgor in any court, (ii) make or file any claim or application of a winding-up or liquidation of the Pledgor, or (iii) enforce or seek to enforce the performance of the Secured Obligations or any other security therefor. For the clarification, the Pledgee may exercise all or any part of the Available Rights (including the enforcement of all or any part of the Kun-Pledge and other security created by any other finance documents and set-off) in such order or manner it sees fit or as instructed in accordance with the Loan Documents. 8.4 The Pledgee may, in its discretion, grant time or other indulgence or make any other arrangement in respect of any of the Secured Obligations or any other security therefor or of any other company or companies, person or persons not parties hereto without prejudice to the security hereby created.