Common use of DURATION AND INDEPENDENCE Clause in Contracts

DURATION AND INDEPENDENCE. 9.1 Without prejudice to Clause 8.2, in no event shall the Pledges expire before the end of the Security Period. 9.2 The Pledges shall provide a continuing security and, to the largest extent possible under applicable law, no change or amendment whatsoever in and to the Secured Obligations and to any document related with the Secured Obligations shall affect the validity of this Agreement nor shall it limit the obligations which are imposed on the Pledgor hereunder. Section 1210 paragraph (1) sentence (2) of the German Civil Code is, thus, excluded. 9.3 This Agreement is in addition to, and independent of, any other security or guarantee the Pledgee or any other Finance Party may now or hereafter hold in respect of the Secured Obligations. None of such security or guarantee shall prejudice, or shall be prejudiced by, the Pledges in any way.