Discharge of Indebtedness. Subject always to the Bank's right of consolidation, it is hereby agreed that on the satisfaction by payment or otherwise of the whole of the Indebtedness due under this Agreement and the other Security Documents all the provisions herein contained shall cease to be of any effect but without prejudice to the Bank's rights and remedies against the Customer in respect of any antecedent claim or breach of covenant.
Appears in 2 contracts
Sources: Asset Purchase Agreement, Asset Sale Agreement