Common use of Issuer’s Obligations Clause in Contracts

Issuer’s Obligations. The Issuer’s liability to the Debenture Trustee and the Debenture Holders shall not be discharged till the Final Settlement Date. For the avoidance of doubt, notwithstanding that the Issuer may have paid all amounts due to Debenture Trustee or any of the Debenture Holders under the Debenture Documents, the Issuer shall remain liable to such Debenture Holder or Debenture Trustee if, as a result of any sharing arrangement amongst the Debenture Holders, or between Debenture Holders and the Debenture Trustee, such Debenture Holder or Debenture Trustee is obliged to share the payments made by the Issuer and consequently the obligations owing to such Debenture Holder or Debenture Trustee under the Debenture Documents are still owing, due or payable.