Common use of No impairment of rights under Guarantee Clause in Contracts

No impairment of rights under Guarantee. If the Security Trustee omits to exercise, delays in exercising or invalidly exercises any of its rights under this Guarantee, that shall not impair that or any other right of the Security Trustee under this Guarantee.

Appears in 17 contracts

Samples: Loan Agreement (Global Ship Lease, Inc.), EuroDry Ltd., Loan Agreement (Global Ship Lease, Inc.)

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No impairment of rights under Guarantee. If the Security Trustee omits to exercise, delays in exercising or invalidly exercises any of its rights under this the Guarantee, that shall not impair that or any other right of the Security Trustee under this the Guarantee.

Appears in 1 contract

Samples: Loan Agreement (Euronav NV)

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