Common use of Validity of demands Clause in Contracts

Validity of demands. A demand under this Guarantee shall be valid notwithstanding that it is served: (a) on the date on which the amount to which it relates is payable by the relevant Relevant Person under the Leasing Document to which it is a party; (b) at the same time as the service of a notice under clause 43 of the Bareboat Charter; and a demand under this Guarantee shall (i) be in writing; (ii) be signed by a duly authorised officer of the Owner and delivered to the Guarantor pursuant to the provisions under this Guarantee; (iii) make reference to this Guarantee; (iv) specifically identify the Charterer or any other Relevant Person and the Guaranteed Obligations to be paid and/or performed (as the case may be); and (v) set forth payment instructions in respect of any amount or amounts payable to the Owner.

Validity of demands. A demand under this Guarantee shall be valid notwithstanding that it is served: (a) on the date on which the amount to which it relates is payable by the relevant Relevant Person under the Leasing Document to which it is a party; (b) at the same time as the service of a notice under clause 43 44 of the Bareboat Charter; and a demand under this Guarantee shall (i) be in writing; (ii) be signed by a duly authorised officer of the Owner and delivered to the Guarantor pursuant to the provisions under this Guarantee; (iii) make reference to this Guarantee; (iv) specifically identify the Charterer or any other Relevant Person and the Guaranteed Obligations guaranteed obligations to be paid and/or performed (as the case may be); and (v) set forth payment instructions in respect of any amount or amounts payable to the Owner.

Validity of demands. A demand under this Guarantee shall be valid notwithstanding that it is served: (a) on the date on which the amount to which it relates is payable by the relevant Relevant Person under the Leasing Document to which it is a party; (b) at the same time as the service of a notice under clause 43 Clause 44 of the Bareboat Charter; and a demand under this Guarantee shall (i) be in writing; (ii) be signed by a duly authorised officer of the Owner and delivered to the Guarantor pursuant to the provisions under this Guarantee; (iii) make reference to this Guarantee; (iv) specifically identify the Charterer or any other Relevant Person and the Guaranteed Obligations guaranteed obligations to be paid and/or performed (as the case may be); and (v) set forth payment instructions in respect of any amount or amounts payable to the Owner.