Secured Liabilities. Each of the Depositor and the Countersignors hereby unconditionally and irrevocably acknowledges and agrees that the Secured Liabilities will not be duly and fully discharged until each and every of their respective obligations and/or liabilities whatsoever provided for in Clause 2.1 (Liabilities arising under the Senior Finance Documents) and Clause 2.2 (Liabilities arising under this Agreement) have been duly and fully discharged.
Appears in 2 contracts
Sources: Security Deposit Agreement (Hungarian Telephone & Cable Corp), Security Deposit Agreement (Hungarian Telephone & Cable Corp)