Principal and independent debtor. The Guarantor shall be liable under this Guarantee as a principal and independent debtor and accordingly it shall not have, as regards this Guarantee, any of the rights or defences of a surety.
Appears in 53 contracts
Samples: Loan Agreement (Global Ship Lease, Inc.), Loan Agreement, EuroDry Ltd.
Principal and independent debtor. The Guarantor shall be liable under this Guarantee as a principal and independent debtor and accordingly it shall not have, as regards this Guarantee, any of the rights or defences of a surety."
Appears in 2 contracts
Samples: Euronav NV, Euronav NV
Principal and independent debtor. The Guarantor shall be liable under this Guarantee as a principal and independent debtor and accordingly it shall not have, as regards this Guarantee, any of the rights or defences of a surety.. 3.2
Appears in 1 contract
Samples: Loan Agreement (DryShips Inc.)
Principal and independent debtor. The Guarantor shall be liable under this Guarantee as a principal and independent debtor and accordingly bccordingly it shall not have, as regards this Guarantee, any of the rights or defences of a surety.
Appears in 1 contract
Samples: EuroDry Ltd.
Principal and independent debtor. The Corporate Guarantor shall be liable under this Guarantee as a principal and independent debtor and accordingly it shall not have, as regards this Guarantee, any of the rights or defences of a surety.
Appears in 1 contract
Samples: Loan Agreement (DryShips Inc.)
Principal and independent debtor. The Corporate Guarantor shall be liable under this Corporate Guarantee as a principal and independent debtor and accordingly it shall not have, as regards this Corporate Guarantee, any of the rights or defences of a surety.
Appears in 1 contract
Samples: DryShips Inc.
