Common use of Non-Discharge Clause in Contracts

Non-Discharge. Neither the obligations of the Original Borrower herein contained nor the rights, powers and remedies conferred in respect of the Original Borrower upon any of the Finance Parties by any of the Finance Documents or by law shall be discharged, impaired or otherwise affected by: 25.4.1 the winding-up, dissolution, administration or reorganisation of any of the Subsidiary Borrowers or any other Person or any change in its status, function, control or ownership; 25.4.2 any of the obligations of any of the Subsidiary Borrowers or any other Person under any of the Finance Documents or under any other security taken in respect of any of its obligations thereunder being or becoming illegal, invalid, unenforceable or ineffective in any respect; 25.4.3 time or other indulgence being granted or agreed to be granted to any of the Subsidiary Borrowers or any other Person in respect of its obligations under any of the Finance Subsidiary Documents or under any such other security; 25.4.4 any amendment to, or any variation, waiver or release of, any obligation of any of the Subsidiary Borrowers or any other Person under any of the Finance Documents or under any such other security; -------------------------------------------------------------------------------- 65 25.4.5 any failure to take, or fully to take, any security contemplated hereby or otherwise agreed to be taken in respect of any of the Subsidiary Borrowers under any of the Finance Documents; 25.4.6 any failure to realise or fully to realise the value of, or any release, discharge, exchange or substitution of, any security taken in respect of any of the Subsidiary Borrowers' obligations under any of the Finance Documents; 25.4.7 the accession of any one or more Acceding Subsidiary Borrowers to this Agreement by means of the procedure set out in clause 26 (Accession and Cessation of Subsidiary Borrowers) or the utilisation of the Facility by any such Acceding Subsidiary Borrower; or 25.4.8 any other act, event or omission which, but for this clause 25.4 (Non-discharge), might operate to discharge, impair or otherwise affect any of the obligations of the Original Borrower herein contained or any of the rights, powers or remedies conferred upon the Finance Parties by this Agreement or by law.

Non-Discharge. Neither the obligations of the Original Borrower herein contained nor the rights, powers and remedies conferred in respect of the Original Borrower upon any of the Finance Parties by any of the Finance Documents or by law shall be discharged, impaired or otherwise affected by: 25.4.1 the winding-up, dissolution, administration or reorganisation of any of the Subsidiary Borrowers or any other Person or any change in its status, function, control or ownership; 25.4.2 any of the obligations of any of the Subsidiary Borrowers or any other Person under any of the Finance Documents or under any other security taken in respect of any of its obligations thereunder being or becoming illegal, invalid, unenforceable or ineffective in any respect; 25.4.3 time or other indulgence being granted or agreed to be granted to any of the Subsidiary Borrowers or any other Person in respect of its obligations under any of the Finance Subsidiary Documents or under any such other security; 25.4.4 any amendment to, or any variation, waiver or release of, any obligation of any of the Subsidiary Borrowers or any other Person under any of the Finance Documents or under any such other security; -------------------------------------------------------------------------------- 65; 25.4.5 any failure to take, or fully to take, any security contemplated hereby or otherwise agreed to be taken in respect of any of the Subsidiary Borrowers under any of the Finance Documents; 25.4.6 any failure to realise or fully to realise the value of, or any release, discharge, exchange or substitution of, any security taken in respect of any of the Subsidiary Borrowers' obligations under any of the Finance Documents; 25.4.7 the accession of any one or more Acceding Subsidiary Borrowers to this Agreement by means of the procedure set out in clause 26 (Accession and Cessation of Subsidiary Borrowers) or the utilisation of the Facility by any such Acceding Subsidiary Borrower; or 25.4.8 any other act, event or omission which, but for this clause 25.4 (Non-discharge), might operate to discharge, impair or otherwise affect any of the obligations of the Original Borrower herein contained or any of the rights, powers or remedies conferred upon the Finance Parties by this Agreement or by law.