Common use of Covenants, Guarantees and Indemnities Clause in Contracts

Covenants, Guarantees and Indemnities. power to make any arrangement, settlement or compromise or enter into any contracts as he shall think expedient in the interests of the Chargee, and/or to enter into bonds, covenants, guarantees, commitments, indemnities and other obligations or liabilities as he shall think fit, to make all payments needed to effect, maintain or satisfy such obligations or liabilities and to use the company seal (if any) of the Chargor; and

Covenants, Guarantees and Indemnities. power to make any arrangement, settlement or compromise or enter into any contracts as he shall think expedient in the interests of the ChargeeMortgagee, and/or to enter into bonds, covenants, guarantees, commitments, indemnities and other obligations or liabilities as he shall think fit, to make all payments needed to effect, maintain or satisfy such obligations or liabilities and to use the company seal (if any) of the ChargorMortgagor; and