Sponsor Construction and Post. Delivery Guarantee means the guarantee and indemnity from the Sponsor dated on or about the date hereof in favour of, and in form and substance satisfactory to, the Security Trustee pursuant to which the Sponsor guarantees and indemnifies the Finance Parties in respect of the obligations of the Owner to pay:
Appears in 4 contracts
Samples: Credit Facility Agreement (Ocean Rig UDW Inc.), Credit Facility Agreement (DryShips Inc.), Credit Facility Agreement (DryShips Inc.)
Sponsor Construction and Post. Delivery Guarantee means the guarantee and indemnity from the Sponsor dated on or about the date hereof 18 July 2008 in favour of, and in form and substance satisfactory to, the Security Trustee pursuant to which the Sponsor guarantees and indemnifies the Finance Parties in respect of the obligations of the Owner to pay:
Appears in 2 contracts
Samples: Credit Agreement (Ocean Rig UDW Inc.), Credit Agreement (Ocean Rig UDW Inc.)
