Common use of Continuing Security Clause in Contracts

Continuing Security. The security herein created is expressly intended to be and shall be a continuing security for all monies whatsoever now or hereafter from time to time owing to the Bank by the Customer including the Settlement Amount whether alone or jointly and severally with another or others and whether as principal or surety notwithstanding that the Customer may at any time cease to be indebted to the Bank for any period or periods of time.

Appears in 3 contracts

Samples: www.business.hsbc.com.my, www.business.hsbc.com.my, www.hsbcamanah.com.my

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Continuing Security. The security herein created under the Security Documents is expressly intended to be and shall will be a continuing security for all monies whatsoever moneys now or hereafter from time to time owing to the Bank by the Customer including the Settlement Amount whether alone or jointly and severally with another or others and whether as principal or surety notwithstanding security regardless that the Customer may at any time cease to be indebted to the Bank for any period or periods and regardless that the account or accounts of timethe Customer with the Bank may from any cause whatsoever cease to be current account or accounts and notwithstanding any settlement of any account or accounts or otherwise.

Appears in 3 contracts

Samples: Facility Agreement, Facility Agreement, Facility Agreement

Continuing Security. The security herein created is expressly intended to be and shall be a continuing security for the indebtedness including but not limited to all monies whatsoever now or hereafter from time to time owing to the Bank payable by the Customer including under this Agreement and the Settlement Amount whether alone or jointly and severally with another or others and whether as principal or surety notwithstanding that the Customer may at any time cease to be indebted to the Bank for any period or periods of timeSecurity Documents.

Appears in 2 contracts

Samples: Asset Purchase Agreement, Asset Sale Agreement

Continuing Security. The security created herein created is expressly intended to be and shall will be a continuing security for all monies moneys whatsoever now or hereafter from time to at any time owing to the Bank by the Customer including and/or the Settlement Amount Assignor whether alone or jointly and severally with another or others and whether as principal or surety notwithstanding that the Customer may at any time cease to be indebted to the Bank for any period or periods of time.security notwithstanding:

Appears in 2 contracts

Samples: www.mbsbbank.com, www.mbsbbank.com

Continuing Security. The security herein created is expressly intended to be and shall be a continuing security for all monies moneys whatsoever now or hereafter from time to time owing to the Bank by the Customer including the Settlement Amount whether alone or jointly and severally with another or others and whether as principal or surety notwithstanding that the Customer may at any time cease to be indebted to the Bank for any period or periods of timeunder this Agreement.

Appears in 2 contracts

Samples: Property Sale Agreement, Property Sale Agreement

Continuing Security. β€Œ The security herein created is expressly intended to be and shall be a continuing security for the indebtedness including but not limited to all monies whatsoever now or hereafter from time to time owing to the Bank payable by the Customer including Customer(s) under this Agreement and the Settlement Amount whether alone or jointly and severally with another or others and whether as principal or surety notwithstanding that the Customer may at any time cease to be indebted to the Bank for any period or periods of timeSecurity Documents.

Appears in 1 contract

Samples: Agreement

Continuing Security. The security herein created is expressly intended to be and shall be a continuing security for the Indebtedness including but not limited to all monies whatsoever now or hereafter from time to time owing to the Bank by the Customer including under this Agreement and the Settlement Amount whether alone or jointly and severally with another or others and whether as principal or surety notwithstanding that the Customer may at any time cease to be indebted to the Bank for any period or periods of timeSecurity Documents.

Appears in 1 contract

Samples: Master Facility Agreement

Continuing Security. The Any form of security herein created by or under the Security Documents is expressly intended to be and shall be a continuing security for all monies whatsoever now or hereafter and from time to time owing to the Bank by under the Customer including Facilities and the Settlement Amount whether alone Indebtedness and is in addition to, and shall not be merged in, or jointly and severally with another or others and whether as principal or surety notwithstanding that the Customer may at in any time cease to be indebted to way prejudice, any other security which the Bank for may now or hereafter hold or have with the Borrower or any period or periods other person in respect of timethe amount due under this Agreement.

Appears in 1 contract

Samples: www.cimbbank.com.my

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Continuing Security. The Any form of security herein created by or under the Security Documents is expressly intended to be and shall be a continuing security for all monies whatsoever now or hereafter and from time to time owing payable to the Bank by under the Facilities and the Indebtedness and is in addition to, and shall not be merged in, or in any way prejudice, any other security which the Bank may now or hereafter hold or have with the Customer including or any other person in respect of the Settlement Amount whether alone or jointly and severally with another or others and whether as principal or surety notwithstanding that the Customer may at any time cease to be indebted to the Bank for any period or periods of timeamount due under this Agreement.

Appears in 1 contract

Samples: Agreement

Continuing Security. (a) The security Security herein created is expressly intended to be and shall be a continuing security for all monies whatsoever now or hereafter from time to time owing payable to the Bank by the Customer including under the Settlement Amount provisions of this Agreement and other Security Documents whether alone or jointly and severally with another or others and whether as principal or surety notwithstanding that the Customer may at any time cease to be indebted to the Bank for any period or periods of time.time and notwithstanding:-

Appears in 1 contract

Samples: Facility Agreement

Continuing Security. The security herein created is expressly intended to be and shall be a continuing security for the indebtedness including but not limited to all monies whatsoever now or hereafter from time to time owing to the Bank payable by the Customer including Customer(s) under this Agreement and the Settlement Amount whether alone or jointly and severally with another or others and whether as principal or surety notwithstanding that the Customer may at any time cease to be indebted to the Bank for any period or periods of timeother Security Documents.

Appears in 1 contract

Samples: Agreement

Continuing Security. The security herein created is expressly intended to be and shall be a continuing security security* for all monies whatsoever now or hereafter from time to time owing to the Bank by the Customer including the Settlement Amount Company, whether alone or jointly and severally with another or others and whether as principal or surety surety, notwithstanding that the Customer Company may at any time cease to be indebted to the Bank for any period or periods of time.

Appears in 1 contract

Samples: www.hsbc.com.my

Continuing Security. The security herein created is expressly intended to be and shall be a continuing security for the Indebtedness including but not limited to all monies whatsoever now or hereafter from time to time owing to the Bank by the Customer including under this Agreement and the Settlement Amount whether alone or jointly and severally with another or others and whether as principal or surety notwithstanding that the Customer may at any time cease to be indebted to the Bank for any period or periods of time.Security Documents. ARTICLE X

Appears in 1 contract

Samples: Master Facility Agreement

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