Common use of Additional Security Clause in Contracts

Additional Security. This guarantee and any other Security given by a Hedge Guarantor is in addition to and is not in any way prejudiced by, and shall not prejudice, any other guarantee or Security or any other right of recourse now or subsequently held by any Secured Party or any right of set-off or netting or right to combine accounts in connection with the Finance Documents.

Appears in 17 contracts

Samples: And Restatement Agreement (Ardmore Shipping Corp), Facilities Agreement (Ardmore Shipping Corp), Facility Agreement (Navios Maritime Partners L.P.)

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Additional Security. This guarantee and any other Security given by a Hedge Guarantor the Guarantors is in addition to and is not in any way prejudiced by, and shall not prejudice, any other guarantee or Security or any other right of recourse now or subsequently held by any Secured Party or any right of set-off or netting or right to combine accounts in connection with the Finance Documents.

Appears in 10 contracts

Samples: And Restatement Agreement (Ardmore Shipping Corp), Facilities Agreement (Ardmore Shipping Corp), Assignment Agreement (Ardmore Shipping Corp)

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