Common use of Guarantees Clause in Contracts

Guarantees. Each Borrower shall ensure that any guarantees required by a protection and indemnity or war risks association are promptly issued and remain in full force and effect.

Appears in 125 contracts

Samples: Loan Agreement (Navios Maritime Containers L.P.), Loan Agreement (Navios Maritime Acquisition CORP), Loan Agreement (Navios Maritime Acquisition CORP)

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Guarantees. Each The Borrower shall procure that each Owner shall ensure that any guarantees required by a protection and indemnity or war risks association are promptly issued and remain in full force and effect.

Appears in 58 contracts

Samples: Loan Agreement (Paragon Shipping Inc.), Loan Agreement, Loan Agreement (Danaos Corp)

Guarantees. Each The Borrower shall ensure that any guarantees required by a protection and indemnity or war risks association are promptly issued and remain in full force and effect.

Appears in 44 contracts

Samples: Loan Agreement (EuroDry Ltd.), Loan Agreement (Navios Maritime Acquisition CORP), Facility Agreement (Grindrod Shipping Holdings Pte. Ltd.)

Guarantees. Each The Borrower shall procure that the Owner shall ensure that any guarantees required by a protection and indemnity or war risks association are promptly issued and remain in full force and effect.

Appears in 14 contracts

Samples: Agreement (Paragon Shipping Inc.), Loan Agreement (Box Ships Inc.), Agreement (Star Bulk Carriers Corp.)

Guarantees. Each The Borrower shall will ensure that any guarantees required by a protection and indemnity or war risks association are promptly issued and remain in full force and effectdelivered.

Appears in 8 contracts

Samples: Agreement (Grindrod Shipping Holdings Ltd.), Agreement (Grindrod Shipping Holdings Ltd.), Facility Agreement (Hoegh LNG Partners LP)

Guarantees. Each The Borrower shall procure that each Guarantor shall ensure that any guarantees required by a protection and indemnity or war risks association are promptly issued and remain in full force and effect.

Appears in 6 contracts

Samples: Loan Agreement (Scorpio Tankers Inc.), Agreement (Navios Maritime Partners L.P.), Loan Agreement (General Maritime Corp / MI)

Guarantees. Each Borrower The Borrowers shall ensure that any guarantees required by a protection and indemnity or war risks association are promptly issued and remain in full force and effect.

Appears in 6 contracts

Samples: Loan Agreement (TBS International PLC), Assignment Agreement (Ardmore Shipping Corp), Loan Agreement (Euroseas Ltd.)

Guarantees. Each Borrower Debtor shall ensure that any guarantees required by a protection and indemnity or war risks association are promptly issued and remain in full force and effect.

Appears in 3 contracts

Samples: Pledge and Security Agreement (Nauticus Robotics, Inc.), Pledge and Security Agreement (Nauticus Robotics, Inc.), Pledge and Security Agreement (Nauticus Robotics, Inc.)

Guarantees. Each The Borrower shall use its best endeavours to ensure that any guarantees required by a protection and indemnity or war risks association are promptly issued and remain in full force and effect.

Appears in 3 contracts

Samples: Loan Agreement (Product Shipping Ltd.), Loan Agreement (Product Shipping Ltd.), Loan Agreement (Product Shipping Ltd.)

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Guarantees. Each The Borrower shall ensure procure that each Owner ensures that any guarantees required by a protection and indemnity or war risks association are promptly issued and remain in full force and effect.

Appears in 2 contracts

Samples: Loan Agreement (Navios Maritime Partners L.P.), Loan Agreement (Navios Maritime Acquisition Corp)

Guarantees. Each The Borrower shall or shall procure that each Owner shall ensure that any guarantees required by a protection and indemnity or war risks association are promptly issued and remain in full force and effect.

Appears in 2 contracts

Samples: Agreement (Navios Maritime Acquisition CORP), Agreement (Navios Maritime Holdings Inc.)

Guarantees. Each Borrower shall, and shall procure that the Collateral Owner shall, ensure that any guarantees required by a protection and indemnity or war risks association are promptly issued and remain in full force and effect.

Appears in 2 contracts

Samples: Agreement (DryShips Inc.), Loan Agreement (DryShips Inc.)

Guarantees. Each The Borrower shall ensure that any arrange for the execution and delivery of all guarantees required by a protection and indemnity or war risks association are promptly issued and remain in full force and effect.

Appears in 2 contracts

Samples: Loan Agreement (Britannia Bulk Holdings Inc), Loan Agreement (Britannia Bulk PLC)

Guarantees. Each The relevant Borrower shall ensure that any guarantees required by a protection and indemnity or war risks association are promptly issued and remain in full force and effect.

Appears in 1 contract

Samples: Loan Agreement (Scorpio Tankers Inc.)

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