No Guarantees or indemnities. No Borrower shall (and shall procure that no other Security Party (other than the Guarantor) will) incur or allow to remain outstanding any guarantee in respect of any obligation of any person.
Appears in 2 contracts
Samples: Second Supplemental Agreement to a Secured Loan Agreement (Scorpio Tankers Inc.), Secured Loan Agreement (Scorpio Tankers Inc.)
No Guarantees or indemnities. No The Borrower shall not (and shall procure that no other Security Party (other than the Guarantor) will) incur or allow to remain outstanding any guarantee in respect of any obligation of any person.
Appears in 2 contracts
Samples: Secured Loan Agreement (Scorpio Bulkers Inc.), Loan Agreement (Scorpio Bulkers Inc.)
No Guarantees or indemnities. No Borrower shall (and shall procure that no other Security Party (other than the Guarantor) will) without the prior written consent of the Agent incur or allow to remain outstanding any guarantee in respect of any obligation of any person.
Appears in 1 contract
