Nature of liability The representations, warranties. covenants, obligations and undertakings of the Borrowers contained in this Agreement shall be joint and several so that each Borrower shall be jointly and severally liable with all the Borrowers for all of the same and such liability shall not in any way be discharged, impaired or otherwise affected by:
Appears in 10 contracts
Samples: Loan Agreement (Diana Containerships Inc.), Loan Agreement (Scorpio Tankers Inc.), Loan Agreement (Scorpio Tankers Inc.)
Nature of liability The representations, warranties. covenants, obligations and undertakings of the Borrowers contained in this Agreement shall be joint and several so that each Borrower shall be jointly and severally liable with all the Borrowers other Borrower for all of the same and such liability shall not in any way be discharged, impaired or otherwise affected by:
Appears in 1 contract
Nature of liability The representations, warranties. covenants, obligations and undertakings of the Borrowers contained in this Agreement and the Master Agreement shall be joint and several so that each Borrower shall be jointly and severally liable with all the Borrowers for all of the same and such liability shall not in any way be discharged, impaired or otherwise affected by:
Appears in 1 contract
Samples: Loan Agreement (Danaos Corp)
