Nature of Guaranteed Obligations. (a) The Guarantor hereby agrees that this Guaranty is a guaranty of payment and performance and not of collection only.
Appears in 31 contracts
Samples: Guaranty (DHT Maritime, Inc.), Guaranty (DHT Maritime, Inc.), Guaranty (Double Hull Tankers, Inc.)
Nature of Guaranteed Obligations. (a) The Guarantor hereby agrees that this Guaranty is a guaranty of payment and performance and not of collection onlyonly and shall remain in full force and effect until all the Guaranteed Obligations have been validly, finally and irrevocably paid and satisfied in full.
Appears in 2 contracts
Samples: Guaranty (Overseas Shipholding Group Inc), Overseas Shipholding Group Inc
