Common use of Sureties Clause in Contracts

Sureties. permit any of its Indebtedness to be guaranteed or otherwise assured against financial loss by any person (save for guarantees or indemnities from time to time required in the ordinary course by any protection and indemnity or war risks association with which the Ship is entered, guarantees required to procure the release of the Ship from any arrest, detention, attachment or levy or guarantees or undertakings required for the salvage of the Ship);

Sureties. permit any of its Indebtedness to be guaranteed or otherwise assured against financial loss by any person (save for guarantees or indemnities from time to time required in the ordinary course by any protection and indemnity or war risks association with which the a Ship is entered, guarantees required to procure the release of the a Ship from any arrest, detention, attachment or levy or guarantees or undertakings required for the salvage of the a Ship);

Sureties. permit any of its Indebtedness to be guaranteed or otherwise assured against financial loss by any person (save for guarantees or indemnities from time to time required in the ordinary course by any protection and indemnity or war risks association with which the such Borrower's Ship is entered, guarantees required to procure the release of the such Ship from any arrest, detention, attachment or levy or guarantees or undertakings required for the salvage of the such Ship);

Sureties. permit any of its Indebtedness to be guaranteed or otherwise assured against financial loss by any person (save for guarantees or indemnities from time to time required in the ordinary course by any protection and indemnity or war risks association with which the Ship is entered, guarantees required to procure the release of the its Ship from any arrest, detention, attachment or levy or guarantees or undertakings required for the salvage of the its Ship);