Common Contracts
2 similar Sponsor Guarantee contracts by Ocean Rig UDW Inc.
SPONSOR GUARANTEE Between DRYSHIPS INC. as Guarantor DEUTSCHE BANK LUXEMBOURG S.A. as Facility Agent for itself and on behalf of various financial institutions as Lenders and DEUTSCHE BANK AG FILIALE DEUTSCHLANDGESCHAFT as Security Trustee ALLEN &...Sponsor Guarantee • March 22nd, 2013 • Ocean Rig UDW Inc. • Drilling oil & gas wells • England and Wales
Clause Page 1 Interpretation 1 2 Effectiveness 2 3 Guarantee and indemnity 2 4 Nature of a Finance Party’s obligations 4 5 Taxes 5 6 Payments 7 7 Representations and warranties 8 8 Undertakings 10 9 The Administrative Parties 13 10 Evidence and calculations 13 11 Indemnities 13 12 Amendments and waivers 14 13 Changes to the Parties 14 14 Disclosure of information 15 15 Set-off 15 16 Pro rata sharing 16 17 Severability 17 18 Counterparts 17 19 Notices 17 20 Expenses 18 21 Language 19 22 Governing law 19 23 Enforcement 19 24 Miscellaneous 20 Schedules 1. Original Lenders 21 Signatories 22
SPONSOR GUARANTEE Between DRYSHIPS INC. as Guarantor DEUTSCHE BANK LUXEMBOURG S.A. as Facility Agent for itself and on behalf of various financial institutions as Lenders and DEUTSCHE BANK AG FILIALE DEUTSCHLANDGESCHÄFT as Security Trustee ALLEN &...Sponsor Guarantee • March 22nd, 2013 • Ocean Rig UDW Inc. • Drilling oil & gas wells • England and Wales
Clause Page 1. Interpretation 1 2. Effectiveness 2 3. Guarantee and indemnity 2 4. Nature of a Finance Party's obligations 4 5. Taxes 5 6. Payments 6 7. Representations and warranties 7 8. Undertakings 10 9, The Administrative Parties 13 10. Evidence and calculations 13 11. Indemnities 13 12. Amendments and waivers 14 13. Changes to the Parties 14 14. Disclosure of information 15 15. Set-off 15 16. Pro rata sharing 16 17. Severability 17 18. Counterparts 17 19. Notices 17 20. Expenses 18 21. Language 19 22. Governing law 19 23. Enforcement 19 24. Miscellaneous 20 Schedules 1. Original Lenders 21 Signatories 22
