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

No impairment of rights under Guarantee. If the Owner 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 Owner under this Guarantee.

Appears in 8 contracts

Samples: United Maritime Corp, United Maritime Corp, United Maritime Corp

AutoNDA by SimpleDocs

No impairment of rights under Guarantee. If the Owner Lender 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 Owner Lender under this Guarantee.

Appears in 6 contracts

Samples: Supplemental Agreement (TBS International PLC), Supplemental Agreement (TBS International PLC), Loan Agreement (Mc Shipping Inc)

AutoNDA by SimpleDocs

No impairment of rights under Guarantee. If the Owner Seller 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 Owner Seller under this Guarantee.

Appears in 1 contract

Samples: Gener8 Maritime, Inc.

Time is Money Join Law Insider Premium to draft better contracts faster.