Common use of Amendments to the Original Guarantee Clause in Contracts

Amendments to the Original Guarantee. 3.1 As and with effect from 31 October 1998:- (A) All references to "THE LOAN AGREEMENT" shall be deemed to refer to the Loan Agreement referred to in the Original Guarantee as amended by this Deed; (B) Clause 1.1 shall be amended such that:- (i) the definition of "ESKE▇ ▇▇▇N AGREEMENT" shall be deemed to refer to the Eske▇ ▇▇▇n Agreement as amended by agreements supplemental thereto dated 30 November 1995, 1 September 1998 and 1999; (ii) the definition of "THIS GUARANTEE" shall be deemed to refer to the Original Guarantee as amended by this Deed; (iii) the definition of "LOAN AGREEMENT" shall be deemed to refer to the Loan Agreement as further amended by an agreement supplemental thereto dated 1 September 1998 and the Supplemental Agreemen; and (iv) the definition of "SECOND ASSIGNMENT OF CHARTER EARNINGS", "SECOND ASSIGNMENT OF INSURANCES", "SECOND MORTGAGE" and "SECOND TRIPARTITE AGREEMENT" shall each be deemed to include therein the respective supplement to each security referred to in Clause 2.1(B) of the Supplemental Agreement. 3.2 Save as amended hereby, the Original Guarantee shall remain unchanged and in full force and effect.

Amendments to the Original Guarantee. 3.1 As and with effect from 31 October 1998:- (A) All references to "THE LOAN AGREEMENT" shall be deemed to refer to the Loan Agreement referred to in the Original Guarantee as amended by this Deed; (B) Clause 1.1 shall be amended such that:- (i) the definition of "ESKE▇ ▇▇▇N BLUE SAPPHIRE LOAN AGREEMENT" shall be deemed to refer to the Eske▇ ▇▇▇n Blue Sapphire Loan Agreement as amended by the agreements supplemental thereto dated 30 November 1995, 1 September 1998 and 1999; (ii) the definition of "THIS GUARANTEE" shall be deemed to refer to the Original Guarantee as amended by this Deed; (iii) the definition of "LOAN AGREEMENT" shall be deemed to refer to the Loan Agreement as further amended by an agreement supplemental thereto dated 1 September 1998 and the Supplemental AgreemenAgreement; and (iv) the definition of "SECOND ASSIGNMENT OF CHARTER EARNINGS", "SECOND ASSIGNMENT OF INSURANCES", "SECOND MORTGAGE" and "SECOND TRIPARTITE AGREEMENT" shall each be deemed to include therein the respective supplement to each security referred to in Clause 2.1(B) of the Supplemental Agreement.; and 3.2 Save as amended hereby, the Original Guarantee shall remain unchanged and in full force and effect.