Common use of No security taken by Guarantor Clause in Contracts

No security taken by Guarantor. The Guarantor warrants that it has not taken or received, and undertakes that until all the Guaranteed Liabilities of the Borrowers have been paid or discharged in full, it will not take or receive, the benefit of any security from the Borrowers or any of them or any other person in respect of its obligations under this Guarantee.

Appears in 4 contracts

Samples: Tenth Supplemental Agreement (Aegean Marine Petroleum Network Inc.), Agreement (Aegean Marine Petroleum Network Inc.), Loan Agreement (Poseidon Containers Holdings Corp.)

AutoNDA by SimpleDocs

No security taken by Guarantor. The Guarantor warrants that it has not taken or received, and undertakes that until all the Guaranteed Liabilities of the Borrowers Borrower have been paid or discharged in full, it will not take or receive, receive the benefit of any security from the Borrowers or any of them Borrower or any other person in respect of its their obligations under this Guarantee.

Appears in 2 contracts

Samples: Supplemental Agreement (Aegean Marine Petroleum Network Inc.), Loan Agreement (Globus Maritime LTD)

No security taken by Guarantor. The Guarantor warrants that it has not taken or received, and undertakes that until all the Guaranteed Liabilities of the Borrowers have been paid or discharged in full, it will not take or receive, the benefit of any security from the Borrowers or any either of them or any other person in respect of its obligations under this Guarantee.

Appears in 2 contracts

Samples: Agreement (Quintana Shipping Ltd.), Master Swap Agreement (Quintana Shipping Ltd.)

No security taken by Guarantor. The Guarantor warrants that it has not taken or received, and undertakes that until all the Guaranteed Liabilities of the Borrowers have been paid or discharged in full, it will not take or receive, the benefit of any security from the Borrowers or any either of them or any other person in respect of its obligations under this Guarantee.

Appears in 2 contracts

Samples: Supplemental Agreement (Diana Shipping Inc.), Second Supplemental Agreement (Aegean Marine Petroleum Network Inc.)

No security taken by Guarantor. The Each Guarantor warrants that it has not taken or received, and undertakes that until all the Guaranteed Liabilities of the Borrowers each Borrower have been paid or discharged in full, it will not take or receive, the benefit of any security from the Borrowers or any of them Borrower or any other person liable in respect of its obligations under this Guarantee.

Appears in 1 contract

Samples: Agreement (Paragon Shipping Inc.)

No security taken by Guarantor. The Each Guarantor warrants that it has not taken or received, and undertakes that until all the Guaranteed Liabilities of the Borrowers each Borrower have been paid or discharged in full, it will not take or receive, the benefit of any security from the Borrowers or any of them Borrower or any other person in respect of its obligations under this Guarantee.

Appears in 1 contract

Samples: Credit Agreement (DryShips Inc.)

No security taken by Guarantor. The Guarantor warrants that it has not taken or received, and undertakes that until all the Guaranteed Liabilities Obligations of the Borrowers Borrower have been paid or discharged in full, it will not take or receive, the benefit of any security from the Borrowers or any of them or any other person Borrower in respect of its their obligations under this Guarantee.

Appears in 1 contract

Samples: Loan Agreement (Grindrod Shipping Holdings Ltd.)

No security taken by Guarantor. The Guarantor warrants that it has not taken or received, and undertakes that until all the Guaranteed Liabilities of the Borrowers have been paid or discharged in full, it will not take or receive, receive the benefit of any security from the Borrowers or any either of them or any other person in respect of its their obligations under this Guarantee.

Appears in 1 contract

Samples: Second Supplemental Agreement (Aegean Marine Petroleum Network Inc.)

AutoNDA by SimpleDocs

No security taken by Guarantor. The Guarantor warrants that it has not taken or received, and undertakes that until all the Guaranteed Liabilities of the Borrowers Borrower have been paid or discharged in full, it will not take or receive, the benefit of any security from the Borrowers or any either of them or any other person in respect of its obligations under this Guarantee.

Appears in 1 contract

Samples: Loan Agreement (Safe Bulkers, Inc.)

No security taken by Guarantor. The Guarantor warrants Guarantors hereby jointly and severally warrant that it has they have not taken or received, and each Guarantor undertakes that until all the their respective Guaranteed Liabilities of the Borrowers have been paid or discharged in full, it will not take or receive, the benefit of any right of contribution or guarantee or the benefit of any security from any member of the Borrowers or any of them Group or any other person in respect of its obligations under this Guarantee.

Appears in 1 contract

Samples: Facilities Agreement (Hungarian Telephone & Cable Corp)

No security taken by Guarantor. The Guarantor warrants that it has not taken or received, and undertakes that until all the Guaranteed Liabilities of the Borrowers have been paid or discharged in full, it will not take or receive, the benefit of any security from the Borrowers or any of them or any other person in respect of its obligations under this Guarantee.

Appears in 1 contract

Samples: Loan Agreement (Quintana Shipping Ltd.)

No security taken by Guarantor. The Guarantor warrants that it has not taken or received, and undertakes that until all the Guaranteed Liabilities of the Borrowers Borrower have been paid or discharged in full, it will not take or receive, the benefit of any security from the Borrowers or any of them Borrower or any other person in respect of its obligations under this Guarantee.

Appears in 1 contract

Samples: Loan Agreement (DryShips Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.