Common use of Additional Security Clause in Contracts

Additional Security. This guarantee and any other Security given by the Guarantor is in addition to and is not in any way prejudiced by, and shall not prejudice, any other guarantee or Security or any other right of recourse now or subsequently held by any Secured Party or any right of set-off or netting or right to combine accounts in connection with the Finance Documents.

Appears in 12 contracts

Sources: Term Loan Facility Agreement (Okeanis Eco Tankers Corp.), Term Loan Facility (Global Ship Lease, Inc.), Term Loan Facility Agreement (Icon Energy Corp)

Additional Security. This guarantee and any other Security given by the Parent Guarantor is in addition to and is not in any way prejudiced by, and shall not prejudice, any other guarantee or Security or any other right of recourse now or subsequently held by any Secured Party or any right of set-off or netting or right to combine accounts in connection with the Finance Documents.

Appears in 6 contracts

Sources: Facility Agreement (Global Ship Lease, Inc.), Facility Agreement (Globus Maritime LTD), Term Loan Facility Agreement (Castor Maritime Inc.)

Additional Security. This The guarantee and any other Security given by the Guarantor herein is in addition to and is not in any way prejudiced by, and shall not prejudice, by any other guarantee or Security or any other right of recourse security now or subsequently held by any Secured Finance Party or any right of set-off or netting or right to combine accounts in connection with the Finance DocumentsHedging Banks.

Appears in 4 contracts

Sources: Term Loan Facilities Agreement (DHT Holdings, Inc.), Term Loan Facility Agreement (DHT Holdings, Inc.), Term Loan Facility Agreement (DHT Holdings, Inc.)

Additional Security. This guarantee and any other Security given by the Parent Guarantor is in addition to and is not in any way prejudiced by, and shall not prejudice, any other guarantee or Security or any other right of recourse now or subsequently held by any Secured Party the Lender or any right of set-off or netting or right to combine accounts in connection with the Finance Documents.

Appears in 3 contracts

Sources: Term Loan Facility (Seanergy Maritime Holdings Corp.), Term Loan Facility (Diana Shipping Inc.), Facility Agreement (Seanergy Maritime Holdings Corp.)

Additional Security. This guarantee and any other Security given by the Guarantor is in addition to and is not in any way prejudiced by, and shall not prejudice, any other guarantee or Security or any other right of recourse now or subsequently held by any Secured Party or any right of set-off or netting or right to combine accounts in connection with the Finance DocumentsDocuments in accordance with their terms.

Appears in 2 contracts

Sources: Facility Agreement (Euroseas Ltd.), Facility Agreement (Euroseas Ltd.)

Additional Security. This guarantee and any other Security security or Lien given by the each Subsidiary Guarantor is in addition to and is not in any way prejudiced by, and shall not prejudice, any other guarantee or Security security or any other right of recourse now or subsequently held by any Secured Finance Party or any right of set-off or netting or right to combine accounts in connection with the Finance Loan Documents.

Appears in 2 contracts

Sources: Credit Agreement (SEACOR Marine Holdings Inc.), Credit Agreement (SEACOR Marine Holdings Inc.)

Additional Security. This guarantee Guarantee and any other Security given by the any Guarantor is in addition to and is not in any way prejudiced by, and shall not prejudice, any other guarantee or Security or any other right of recourse now or subsequently held by any Secured Finance Party or any right of set-off or netting or right to combine accounts in connection with the Finance Documents.

Appears in 2 contracts

Sources: Credit Agreement (DHT Holdings, Inc.), Credit Agreement (DHT Holdings, Inc.)

Additional Security. This guarantee and any other Security security or Lien given by the each Guarantor is in addition to and is not in any way prejudiced by, and shall not prejudice, any other guarantee or Security security or any other right of recourse now or subsequently held by any Secured Party Creditor or any right of set-off or netting or right to combine accounts in connection with the Finance Loan Documents.

Appears in 2 contracts

Sources: Credit Agreement (Tidewater Inc), Credit Agreement (Tidewater Inc)

Additional Security. This The guarantee and any other Security given by the Guarantor herein is in addition to and is not in any way prejudiced by, and shall not prejudice, by any other guarantee or Security or any other right of recourse security now or subsequently held by any Secured Party or any right of set-off or netting or right to combine accounts in connection with the Finance DocumentsParty.

Appears in 2 contracts

Sources: Amendment and Restatement Agreement (DHT Holdings, Inc.), Term Loan Facility Agreement (DHT Holdings, Inc.)

Additional Security. This guarantee and any other Security given by the a Guarantor is in addition to and is not in any way prejudiced by, and shall not prejudice, any other guarantee or Security or any other right of recourse now or subsequently held by any Secured Party or any right of set-off or netting or right to combine accounts in connection with the Finance Documents.

Appears in 2 contracts

Sources: Term Loan Facility (Global Ship Lease, Inc.), Term Loan Facility (Ardmore Shipping Corp)

Additional Security. This guarantee and any other Security given by the Guarantor is in addition to and is not in any way prejudiced by, and shall not prejudice, any other guarantee or Security or any other right of recourse now or subsequently held by any Secured Party the Lender or any right of set-off or netting or right to combine accounts in connection with the Finance Documents.

Appears in 2 contracts

Sources: Term Loan Facility Agreement (Globus Maritime LTD), Facility Agreement (Seanergy Maritime Holdings Corp.)

Additional Security. This guarantee and any other Security given by the either Guarantor is in addition to and is not in any way prejudiced by, and shall not prejudice, any other guarantee or Security or any other right of recourse now or subsequently held by any Secured Creditor Party or any right of set-off or netting or right to combine accounts in connection with the Finance Documents.

Appears in 2 contracts

Sources: Term Loan Facility (Grindrod Shipping Holdings Ltd.), Facility Agreement (Grindrod Shipping Holdings Pte. Ltd.)

Additional Security. This guarantee and any other Security security or Lien given by the each Subsidiary Guarantor is in addition to and is not in any way prejudiced by, and shall not prejudice, any other guarantee or Security security or any other right of recourse now or subsequently held by any Secured Party Creditor or any right of set-off or netting or right to combine accounts in connection with the Finance Transaction Documents.

Appears in 2 contracts

Sources: Credit Agreement (SEACOR Marine Holdings Inc.), Credit Agreement (SEACOR Marine Holdings Inc.)

Additional Security. This guarantee and any other Security Interest given by the Holding Guarantor is in addition to and is not in any way prejudiced by, and shall not prejudice, any other guarantee or Security Interest or any other right of recourse now or subsequently held by any Secured Creditor Party or any right of set-off or netting or right to combine accounts in connection with the Finance Documents.

Appears in 1 contract

Sources: Loan Agreement (Costamare Bulkers Holdings LTD)

Additional Security. This guarantee and any other Security given by the Guarantor is in addition to and is not in any way prejudiced by, and shall not prejudice, any other guarantee or Security or any other right of recourse now or subsequently held by any Secured Party the Lender or any right of set-off or netting or right to combine accounts in connection with the Finance Documents. 17.9 Applicability of provisions of Guarantee to other Security 18 REPRESENTATIONS

Appears in 1 contract

Sources: Secured Term Loan Facility (United Maritime Corp)

Additional Security. This guarantee and any other Security given by the Corporate Guarantor is in addition to and is not in any way prejudiced by, and shall not prejudice, any other guarantee or Security or any other right of recourse now or subsequently held by any Secured Creditor Party or any right of set-off or netting or right to combine accounts in connection with the Finance Documents.

Appears in 1 contract

Sources: Facility Agreement (Navios Maritime Holdings Inc.)

Additional Security. This guarantee and any other Security given by the each Guarantor is in addition to and is not in any way prejudiced by, and shall not prejudice, any other guarantee or Security or any other right of recourse now or subsequently held by any Secured Creditor Party or any right of set-off or netting or right to combine accounts in connection with the Finance Documents.

Appears in 1 contract

Sources: Facility Agreement (Scorpio Tankers Inc.)

Additional Security. This guarantee and any other Security given by the Corporate Guarantor is in addition to and is not in any way prejudiced by, and shall not prejudice, any other guarantee or Security or any other right of recourse now or subsequently held by any Secured Party the Lender or any right of set-off or netting or right to combine accounts in connection with the Finance Documents.

Appears in 1 contract

Sources: Term Loan Facility (Castor Maritime Inc.)

Additional Security. This guarantee and any other Security given by the eachthe Guarantor is in addition to and is not in any way prejudiced by, and shall not prejudice, any other guarantee or Security or any other right of recourse now or subsequently held by any Secured Party or any right of set-off or netting or right to combine accounts in connection with the Finance Documents.

Appears in 1 contract

Sources: Addendum to First Preferred Marshall Islands Mortgage (Ocean Rig UDW Inc.)

Additional Security. This guarantee and any other Security given by the Guarantor Guarantors is in addition to and is not in any way prejudiced by, and shall not prejudice, any other guarantee or Security or any other right of recourse now or subsequently held by any Secured Party Finance Party, or any right of set-off or netting or right to combine accounts in connection with the Finance Documents.

Appears in 1 contract

Sources: Facility Agreement (Navios Maritime Partners L.P.)

Additional Security. This guarantee and any other Security given by the a Guarantor is in addition to and is not in any way prejudiced by, and shall not prejudice, any other guarantee or Security or any other right of recourse now or subsequently held by any Secured Party or any right of set-off or netting or right to combine accounts in connection with the Finance Documents. 17.9 Applicability of provisions of Guarantee to other Security

Appears in 1 contract

Sources: Facility Agreement (Taylor Maritime Investments LTD)

Additional Security. This guarantee and any other Security given by the each Guarantor is in addition to and is not in any way prejudiced by, and shall not prejudice, any other guarantee or Security or any other right of recourse now or subsequently held by any Secured Party or any right of set-off or netting or right to combine accounts in connection with the Finance Documents.

Appears in 1 contract

Sources: Term Loan Agreement (Ocean Rig UDW Inc.)

Additional Security. This guarantee and any other Security given by the Guarantor is in addition to and is not in any way prejudiced by, and shall not prejudice, any other guarantee or Security or any other right of recourse now or subsequently held by any Secured Party or any right of set-off or netting or right to combine accounts in connection with the Finance Documents. 17.9 Applicability of provisions of Guarantee to other Security

Appears in 1 contract

Sources: Addendum to First Preferred Marshall Islands Mortgage (Ocean Rig UDW Inc.)