Common use of DURATION AND INDEPENDENCE Clause in Contracts

DURATION AND INDEPENDENCE. 11.1 Subject to Clause 9.1 above, the Share Pledge shall in no event expire before and unless any and all Secured Obligations have been fully and finally satisfied and discharged and there is no amount outstanding under the Secured Obligations owed to the Pledgees, whether for principal, interest, fees, discounts or other costs, expenses, charges or otherwise. 11.2 The Share Pledge shall not cease to exist if the Secured Obligations have been discharged temporarily only. 11.3 This Agreement shall constitute a continuing security and no change or amendment whatsoever in and to the Secured Obligations and to any document related with the Secured Obligations shall affect the validity and the scope of the Share Pledge and this Agreement nor the obligations which are imposed on the Pledgor pursuant to it. 11.4 This Agreement is in addition to, and independent of, any other security or guarantee the Pledgees may now or hereafter hold in respect of the Secured Obligations. None of such security interests or guarantees shall prejudice, or shall be prejudiced by, or shall be merged or commingled in any way with the Share Pledge. 11.5 The Share Pledge shall remain valid notwithstanding any measure taken by the Pledgees against the Pledgor to collect the Pledgees' claims, and in particular if the Pledgees grant payment deferrals, release guarantors, sureties or collateral or conclude a settlement or another agreement with persons directly or indirectly concerned by this Agreement.

DURATION AND INDEPENDENCE. 11.1 9.1 Subject to Clause 9.1 8.1 above, the Share Pledge shall in no event expire before and unless any and all Secured Obligations have been fully and finally satisfied and discharged and there is no amount outstanding under the Secured Obligations owed to the Pledgees, whether for principal, interest, fees, discounts or other costs, expenses, charges or otherwise. 11.2 9.2 The Share Pledge shall not cease to exist if the Secured Obligations have been discharged temporarily only. 11.3 9.3 This Agreement shall constitute a continuing security and no change or amendment whatsoever in and to the Secured Obligations and to any document related with the Secured Obligations shall affect the validity and the scope of the Share Pledge and this Agreement nor the obligations which are imposed on the Pledgor pursuant to it. 11.4 9.4 This Agreement is in addition to, and independent of, any other security or guarantee the Pledgees may now or hereafter hold in respect of the Secured Obligations. None of such security interests or guarantees shall prejudice, or shall be prejudiced by, or shall be merged or commingled in any way with the Share Pledge. 11.5 9.5 The Share Pledge shall remain valid notwithstanding any measure taken by the Pledgees against the Pledgor to collect the Pledgees' claims, and in particular if the Pledgees grant payment deferrals, release guarantors, sureties or collateral or conclude a settlement or another agreement with persons directly or indirectly concerned by this Agreement.