Common use of Continuing indemnities Clause in Contracts

Continuing indemnities. The liabilities and obligations of the Obligors under the indemnities set out in Clauses 6.1 and under Clause 6.2 shall remain in force as a continuing security until: (a) the full, prompt and complete performance of all the terms of such indemnities including the proper and valid payment of all amounts that may become due to the Issuing Bank and each of the Banks under this Clause 6.4; and (b) subject to Clause 6.5, an absolute discharge or release of the Obligors signed by the Issuing Bank or the Bank concerned, and accordingly the Obligors shall not have, as regards those indemnities, any of the rights or defences of a surety.

Continuing indemnities. The liabilities and obligations of the Obligors Borrower under the indemnities set out in Clauses 6.1 and under Clause 6.2 32.1 shall remain in force as a continuing security until: (a) the full, prompt and complete performance of all the terms of such indemnities including the proper and valid payment of all amounts that may become due to the Issuing Bank and each of the Banks Lenders under this Clause 6.432.4; and (b) subject to Clause 6.532.5, an absolute discharge or release of the Obligors Borrower signed by the Issuing Bank or the Bank Lender concerned, and accordingly the Obligors Borrower shall not have, as regards those indemnities, any of the rights or defences of a surety.

Continuing indemnities. The liabilities and obligations of the Obligors Borrowers under the indemnities set out in Clauses 6.1 and under Clause 6.2 12.1 shall remain in force as a continuing security until: (a) the full, prompt and complete performance of all the terms of such indemnities including the proper and valid payment of all amounts that may become due to the Issuing Bank and each of the Banks Lenders under this Clause 6.412.4; and (b) subject to Clause 6.512.5, an absolute discharge or release of the Obligors Borrowers signed by the Issuing Bank or the Bank Lender concerned, ; and accordingly neither of the Obligors Borrowers shall not have, as regards those indemnities, any of the rights or defences of a surety.

Continuing indemnities. The liabilities and obligations of the Obligors Borrower under the indemnities set out in Clauses 6.1 and under Clause 6.2 12.1 shall remain in force as a continuing security until: (a) the full, prompt and complete performance of all the terms of such indemnities including the proper and valid payment of all amounts that may become due to the Issuing Bank and each of the Banks Lender under this Clause 6.412.3; and (b) subject to Clause 6.512.4, an absolute discharge or release of the Obligors Borrower signed by the Issuing Bank or the Bank concerned, Lender; and accordingly the Obligors Borrower shall not have, as regards those indemnities, any of the rights or defences of a surety.

Continuing indemnities. The liabilities and obligations of the Obligors Borrower under the indemnities set out in Clauses 6.1 and under Clause 6.2 12.1 shall remain in force as a continuing security until: (a) the full, prompt and complete performance of all the terms of such indemnities including the proper and valid payment of all amounts that may become due to the Issuing Bank and each of the Banks Guarantee Issuer under this Clause 6.412.3; and (b) subject to Clause 6.512.4, an absolute discharge or release of the Obligors Borrower signed by the Issuing Bank or Agent, acting on the Bank concerned, instructions of the Guarantee Issuer; and accordingly the Obligors Borrower shall not have, as regards those indemnities, any of the rights or defences of a surety.