Common use of Corresponding Debt Clause in Contracts

Corresponding Debt. The obligations of the Borrower under Section 14.1 are several and are separate and independent from, and shall not in any way limit or affect, the corresponding obligations of the Borrower to any Lender under this Agreement or under any Secured Hedge Agreement (the “Corresponding Debt”) nor shall the amounts for which the Borrower is liable under Section 14.1 (the “Parallel Debt”) be limited or affected in any way by the Corresponding Debt; provided that: (a) the Parallel Debt of the Borrower shall be decreased to the extent that its Corresponding Debt has been irrevocably paid or (in the case of guarantee obligations) discharged; and (b) the Corresponding Debt of the Borrower shall be decreased to the extent its Parallel Debt has been irrevocably paid or (in the case of guarantee obligations) discharged; and (c) the amount of the Parallel Debt of the Borrower shall at all times be equal to the amount of the Corresponding Debt.

Corresponding Debt. The obligations of the Borrower each Parallel Debtor under Section 14.1 15.1 are several and are separate and independent from, and shall not in any way limit or affect, the corresponding obligations of the Borrower such Parallel Debtor to any Lender under this Agreement or under any U.S. Obligations Secured Hedge Agreement or Foreign Obligations Secured Hedge Agreement (the its “Corresponding Debt”) nor shall the amounts for which the Borrower such Parallel Debtor is liable under Section 14.1 15.1 (the “Parallel Debt”) be limited or affected in any way by the Corresponding Debt; provided that: (a) the Parallel Debt of the Borrower applicable Parallel Debtor shall be decreased to the extent that its Corresponding Debt has been irrevocably paid or (in the case of guarantee obligations) discharged; and (b) the Corresponding Debt of the Borrower applicable Parallel Debtor shall be decreased to the extent its Parallel Debt has been irrevocably paid or (in the case of guarantee obligations) discharged; and (c) the amount of the Parallel Debt of the Borrower each Parallel Debtor shall at all times be equal to the amount of the its Corresponding Debt.

Corresponding Debt. The obligations of the Borrower under Section 14.1 15.1 are several and are separate and independent from, and shall not in any way limit or affect, the corresponding obligations of the Borrower to any Lender under this Agreement or under any Secured Hedge Agreement (the “Corresponding Debt”) nor shall the amounts for which the Borrower is liable under Section 14.1 15.1 (the “Parallel Debt”) be limited or affected in any way by the Corresponding Debt; provided that: (a) the Parallel Debt of the Borrower shall be decreased to the extent that its Corresponding Debt has been irrevocably paid or (in the case of guarantee obligations) discharged; and (b) the Corresponding Debt of the Borrower shall be decreased to the extent its Parallel Debt has been irrevocably paid or (in the case of guarantee obligations) discharged; and (c) the amount of the Parallel Debt of the Borrower shall at all times be equal to the amount of the Corresponding Debt.

Corresponding Debt. The obligations of the Borrower under Section 14.1 are several and are separate and independent from, and shall not in any way limit or affect, the corresponding obligations of the Borrower to any Lender under this Agreement or under any Secured Hedge Agreement (the “Corresponding Debt”) nor shall the amounts for which the Borrower is liable under Section 14.1 (the “Parallel Debt”) be limited or affected in any way by the Corresponding Debt; provided that: (a) the Parallel Debt of the Borrower shall be decreased to the extent that its Corresponding Debt has been irrevocably paid or (in the case of guarantee obligations) discharged; and (b) the Corresponding Debt of the Borrower shall be decreased to the extent its Parallel Debt has been irrevocably paid or (in the case of guarantee obligations) discharged; andand US-DOCS\144294102.18 (c) the amount of the Parallel Debt of the Borrower shall at all times be equal to the amount of the Corresponding Debt.