This Guarantee. i. shall be a continuing security for the payment of all moneys and liabilities whatsoever from time to time owing (whether actually or contingently) by the Charterer to you under sections 8.11(a) and 8.11(b) of the Charter and shall not be satisfied by any intermediate payment or satisfaction of any part of such moneys or liabilities; ii. shall be in addition to, and shall not be prejudiced or affected by, any other security for the obligations of the Charterer which may be from time to time held by you; and iii. shall not be discharged or prejudiced by any time or concession given by you to the Charterer or any other party, by any variation of or supplement to the Charter or by anything which you may do or omit to do or by any other dealing or thing whatsoever which, but for the provisions of this paragraph 5, might operate to discharge me from liability.
Appears in 2 contracts
Sources: LNG Regassification Vessel Time Charter Party (Exmar Energy Partners LP), LNG Regassification Vessel Time Charter Party (Exmar Energy Partners LP)