Final Discharge. Subject to any release of all or any part of the security interest created hereunder pursuant to and in accordance with Clause 10 (Release of Relevant Security) hereof, the Pledge shall remain in full force and effect until the expiry of the Security Period. The Pledge shall not cease to exist if any payments made in satisfaction of the Secured Obligations have only temporarily discharged the Secured Obligations.
Appears in 10 contracts
Samples: German Security and Security Trust Agreement, German Security and Security Trust Agreement, German Security and Security Trust Agreement
Final Discharge. Subject to any release of all or any part of the security interest created hereunder pursuant to and in accordance with Clause 10 (Release of Relevant SecurityCollateral) hereof, the Pledge shall remain in full force and effect until the expiry of the Security PeriodSecured Obligations have been irrevocably repaid in full. The Pledge shall not cease to exist if any payments made in satisfaction of the Secured Obligations have only temporarily discharged the Secured Obligations.
Appears in 4 contracts
Samples: Collateral Trust Agreement, Collateral Trust Agreement, Collateral Trust Agreement
