Bank Corporate Guarantees Sample Clauses

Bank Corporate Guarantees. Optional, only to apply if Box 27 filled in)The Charterers undertake to furnish, before delivery of the Vessel, a first class bank corporate guarantee or bond in the from each of (i) Top Ships Inc. and (ii) Central Shipping Monaco S.A.M. sum and at the place as indicated in Box 27 as guarantee, for full performance of their obligations under this Charter.