Common use of Existing rights unaffected Clause in Contracts

Existing rights unaffected. The Issuer shall not be obliged to exercise any of its rights under Clause 19.1; and those rights shall be without prejudice and in addition to any right of set-off, combination of accounts, charge, lien or other right or remedy to which the Issuer is entitled (whether under the general law or any document).

Appears in 3 contracts

Samples: Guarantee Facility Agreement (TBS International PLC), Guarantee Facility Agreement (TBS International LTD), Guarantee Facility Agreement (TBS International LTD)

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Existing rights unaffected. The Issuer shall not be obliged to exercise any of its rights under Clause 19.113.1; and those rights shall be without prejudice and in addition to any right of set-off, combination of accounts, charge, lien or other right or remedy to which the Issuer is entitled (whether under the general law or any document).

Appears in 2 contracts

Samples: Guarantee (TBS International PLC), Guarantee Facility Agreement (TBS International LTD)

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