Common use of Guarantees Clause in Contracts

Guarantees. Each Borrower shall ensure that any guarantees required by a protection and indemnity or war risks association are promptly issued and remain in full force and effect.

Appears in 137 contracts

Sources: Loan Agreement (Ardmore Shipping Corp), Revolving and Accordion Facilities Agreement (Ardmore Shipping Corp), Term Loan Facility Agreement (Icon Energy Corp)

Guarantees. Each The Borrower shall procure that each Owner shall ensure that any guarantees required by a protection and indemnity or war risks association are promptly issued and remain in full force and effect.

Appears in 58 contracts

Sources: Loan Agreement (Seanergy Maritime Holdings Corp.), Loan Agreement (Capital Product Partners L.P.), Loan Agreement (Capital Product Partners L.P.)

Guarantees. Each The Borrower shall ensure that any guarantees required by a protection and indemnity or war risks association are promptly issued and remain in full force and effect.

Appears in 53 contracts

Sources: Facility Agreement (Euroseas Ltd.), Secured Term Loan Facility (United Maritime Corp), Term Loan Facility (Okeanis Eco Tankers Corp.)

Guarantees. Each The Borrower shall will ensure that any guarantees required by a protection and indemnity or war risks association are promptly issued and remain in full force and effectdelivered.

Appears in 8 contracts

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

Guarantees. Each The Borrower shall procure that each Guarantor shall ensure that any guarantees required by a protection and indemnity or war risks association are promptly issued and remain in full force and effect.

Appears in 6 contracts

Sources: Facility Agreement (Navios Maritime Partners L.P.), Facility Agreement (Navios Maritime Partners L.P.), Loan Agreement (Scorpio Tankers Inc.)

Guarantees. Each Borrower The Borrowers shall ensure that any guarantees required by a protection and indemnity or war risks association are promptly issued and remain in full force and effect.

Appears in 6 contracts

Sources: Loan Agreement (Euroseas Ltd.), Term Loan Facility (Ardmore Shipping Corp), Term Loan Facility (Ardmore Shipping Corp)

Guarantees. Each Borrower Debtor shall ensure that any guarantees required by a protection and indemnity or war risks association are promptly issued and remain in full force and effect.

Appears in 4 contracts

Sources: Pledge and Security Agreement (Nauticus Robotics, Inc.), Pledge and Security Agreement (Nauticus Robotics, Inc.), Pledge and Security Agreement (Nauticus Robotics, Inc.)

Guarantees. Each The Borrower shall use its best endeavours to ensure that any guarantees required by a protection and indemnity or war risks association are promptly issued and remain in full force and effect.

Appears in 3 contracts

Sources: Loan Agreement (Product Shipping Ltd.), Loan Agreement (Product Shipping Ltd.), Loan Agreement (Product Shipping Ltd.)

Guarantees. Each The Borrower shall ensure that any arrange for the execution and delivery of all guarantees required by a protection and indemnity or war risks association are promptly issued and remain in full force and effect.

Appears in 2 contracts

Sources: Loan Agreement (Britannia Bulk Holdings Inc), Loan Agreement (Britannia Bulk PLC)

Guarantees. Each The relevant Borrower shall ensure that any guarantees required by a protection and indemnity or war risks association are promptly issued and remain in full force and effect.

Appears in 1 contract

Sources: Loan Agreement (Scorpio Tankers Inc.)