Common use of Agreement by Guarantor Clause in Contracts

Agreement by Guarantor. I confirm that I understand the extent of the financial consequences of my being required to honour this guarantee, and have had the opportunity to take professional advice before signing it. In consideration of Healthcare Homes Group Limited providing or continuing to provide residential or nursing care services to the Resident, I, as Guarantor, guarantee, whenever the Resident does not pay any money due under the Terms and Conditions and the Residents Admission Agreement when due, to pay on demand any money due under the Terms and Conditions and the Residents Admission Agreement to Healthcare Homes Group Limited. If Healthcare Homes Group Limited makes a money demand of the Guarantor, because for example of the rejection of a direct debit payment, Healthcare Homes Group Limited shall use reasonable efforts to agree with the Guarantor how to resolve matters within thirty (30) days of demand, but if no resolution satisfactory to Healthcare Homes Group Limited is reached, Healthcare Homes Group Limited may commence court recovery processes immediately against the Guarantor and invoke its appropriate termination rights against the Resident under clause 11.1 of the Terms and Conditions. Signature of Guarantor: ……………………………… Full Name and Address: ……………………………………………………………………………………………………… ……………………………………………………………………………………………………… Post Code: ………………….. Agreed by Healthcare Homes Group Limited: Name: ………………………………… Signature: ……………………………… Position: …………………………………

Agreement by Guarantor. I confirm that I understand the extent of the financial consequences of my being required to honour this guarantee, and have had the opportunity to take professional advice before signing it. In consideration of Healthcare Homes Group Limited providing or continuing to provide residential or nursing care services to the Resident, I, as Guarantor, guarantee, whenever the Resident does not pay any money due under the Terms and Conditions and the Residents Admission Agreement when due, to pay on demand any money due under the Terms and Conditions and the Residents Admission Agreement to Healthcare Homes Group Limited. If Healthcare Homes Group Limited makes a money demand of the Guarantor, because for example of the rejection of a direct debit payment, Healthcare Homes Group Limited shall use reasonable efforts to agree with the Guarantor how to resolve matters within thirty (30) days of demand, but if no resolution satisfactory to Healthcare Homes Group Limited is reached, Healthcare Homes Group Limited may commence court recovery processes immediately against the Guarantor and invoke its appropriate termination rights against the Resident under clause 11.1 of the Terms and Conditions. Signature of Guarantor: ……………………………… Full Name and Address: …………………………………………………………………………………………………………………………………………………………………… ……………………………………………………………………………………………………… Post Code: ………………….. Agreed by Healthcare Homes Group Limited: Name: ………………………………… Signature: ……………………………… Position: …………………………………