Common use of No Guarantees or indemnities Clause in Contracts

No Guarantees or indemnities. No Borrower shall incur or allow to remain outstanding any guarantee in respect of any obligation of any person.

Appears in 4 contracts

Samples: Secured Loan Agreement (Performance Shipping Inc.), Secured Loan Agreement (Euroseas Ltd.), Secured Loan Agreement (Euroseas Ltd.)

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No Guarantees or indemnities. No Other than a Permitted Transaction or in respect of any Permitted Financial Indebtedness, the Borrower shall not incur or allow to remain outstanding any guarantee in respect of any obligation of any person.

Appears in 2 contracts

Samples: Loan Agreement (NeoGames S.A.), Loan Agreement (NeoGames S.A.)

No Guarantees or indemnities. No The Borrower shall not incur or allow to remain outstanding any guarantee in respect of any obligation of any person.

Appears in 2 contracts

Samples: Secured Term Loan Facility (DHT Holdings, Inc.), Secured Loan Agreement (EuroDry Ltd.)

No Guarantees or indemnities. No Neither Borrower shall will incur or allow to remain outstanding any guarantee in respect of any obligation of any person.

Appears in 1 contract

Samples: Secured Loan Agreement (DHT Holdings, Inc.)

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No Guarantees or indemnities. No Borrower shall incur or allow to remain outstanding any guarantee in respect of any obligation of any personperson unless it is a Permitted Transaction.

Appears in 1 contract

Samples: Secured Loan Agreement (Genco Shipping & Trading LTD)

No Guarantees or indemnities. No Borrower shall and the Collateral Owner shall not incur or allow to remain outstanding any guarantee in respect of any obligation of any person.

Appears in 1 contract

Samples: Secured Loan Agreement (Diana Containerships Inc.)

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