CONTINUING PERSONAL GUARANTY Sample Clauses

CONTINUING PERSONAL GUARANTY. In consideration of the extension of credit to the Customer by Dealer, and as an inducement to Dealer to continue to extend credit to Customer, the undersigned, jointly and severally, unconditionally guarantee(s) the prompt payment of any and all sums of money now due or at any time hereafter due and owing to Dealer by Customer. The under- signed personally guarantee(s) payment for all goods, equipment and/or services purchased and/or leased by Customer, and, should Customer’s account become past due, for all costs, including but not limited to attorney’s fees and costs of collection resulting therefrom. Any undersigned guarantor who is married expressly represents that he/ she has been duly authorized by the nonsigning spouse to act in a representative capacity and execute this Guarantee on behalf of the nonsigning spouse, for the purposes described herein, so as to bind their marital community property. Dealer may proceed against the undersigned without being required to first proceed against the Customer and may proceed against any one of the undersigned without waiv- ing its right to proceed against any of the remaining Guarantors. The undersigned waives notice of extension of time or modification of terms, settlements, or resolutions of disputes, modification of credit line, or default of Customer. This Guaranty is intended to be and is a Continuing and Cumulative Guaranty. This Guaranty may only be revoked by written notice to Dealer at the above address. Such notice shall be sent by certified mail, return receipt requested and shall be effective only with respect to orders for sale or lease transactions which are accepted by Dealer after the expiration of 15 days following Dealer’s receipt of such notice. Any revocation of this Guaranty shall not affect any liability incurred by Customer prior to the expiration of said 15-day period. If the Authorization to Release Information and Election to Participate in CAT Credit Exchange Program (“Authorization”) on the last page of this Agreement is signed by Cus- tomer, the term “Dealer” as used in foregoing Continuing Personal Guaranty shall include and apply to any Caterpillar dealer who extends credit to Customer based upon this Application, or information obtained pursuant thereto. If the Authorization is not signed by Xxxxxxxx, the term “Dealer” shall be deemed to refer to and apply to Hawthorne Machinery Co. and its affiliated and subsidiaries (“Hawthorne”). The undersigned, and each of them, agree(s) ...
AutoNDA by SimpleDocs
CONTINUING PERSONAL GUARANTY. This Personal Guaranty is an irrevocable continuing guaranty of the Guaranteed Obligations which shall continue in effect until all of the Guaranteed Obligations have been fully, finally and indefeasibly paid. If any payment on any Guaranteed Obligation is set aside, avoided or rescinded or otherwise recovered from Purchaser, such recovered payment shall constitute a Guaranteed Obligation hereunder and, if this Personal Guaranty was previously released or terminated, it automatically shall be fully reinstated, as if such payment was never made.
CONTINUING PERSONAL GUARANTY. In order to induce Lafayette Textile Industries, LLC. located at 0000 Xxxx Xxxxxx Xxxxxx, Commerce, CA 90040 to extend and/or continue to extend financial accommodations and to accept the above Credit Acceptance Application and Purchase Agreement of (“Buyer”) and to sell goods to Buyer, and in consideration of any loans, advances, or financial accommodations previously made, presently agreed to, or subsequently granted by Lafayette Textile Industries, LLC. the account of Buyer, whether pursuant to this agreement, or otherwise, the undersigned (“Guarantor”) for value received guaranties, promises and undertakes as follows:
CONTINUING PERSONAL GUARANTY. This continuing guaranty of the indebtedness of the within named corporation, limited liability company or trust, whatever the case may be, is entered into and delivered on , 20 , to Southern, or creditor at Union City, or Cerritos, California by the following guarantor(s) in accordance with the recitals, terms and conditions set forth herein. RECITALS
CONTINUING PERSONAL GUARANTY. In consideration for the extension of credit to Customer by Seller the undersigned, personally, jointly and severally, guaranty payment of all past, present, or future indebtedness of Customer to the Seller as the same may be renewed, extended or rearranged from time to time. This guaranty is an absolute, complete and continuing one. Guarantor(s) waive notice of acceptance and reliance on this guaranty, notice of sales to Customer or any liabilities or obligations incurred by Customer, notice of default by Customer, and notation of nonpayment with respect to the obligation covered under the guaranty. This guaranty is binding upon the undersigned, their heirs, personal representatives, successors, and assigns, and shall inure to benefit of the Seller, its successors and assigns. The undersigned shall pay all costs of collection, including accrued interest, court costs and repossession fees, collection agency fees, and reasonable attorney's fees. All costs of collection, including court costs and repossession fees, collection agency fees, and reasonable attorney's fees shall be considered sums owing in connection with the underlying transactions under the PACA trust, as applicable. All payments which become due under the terms of this agreement shall be made at Seller's office or at an address otherwise designated by Seller in writing. Seller may waive or release collateral or other guarantors, without notice to or consent of the undersigned. First Guarantor Name: Signature: Home Address: Home Phone:
CONTINUING PERSONAL GUARANTY. This continuing personal guaranty (“Guaranty”) of the indebtedness of the Applicant named in Part I above, is entered into and delivered on , 20 , to Xxxxx’x at Los Angeles, California by the following guarantor (“Guarantor”) in accordance with the recitals, terms and conditions set forth herein.
CONTINUING PERSONAL GUARANTY. The undersigned hereby unconditionally guarantee(s) the full and prompt payment to Gold Coast Corporation when due of all indebtedness, obligations, and liabilities of the Applicant named, including all amounts currently owing and arising in the future, including any service charges, interest, attorney(s) fees, court and collection costs. The Applicant Xxxxxxxxx also agrees to be personally and unconditionally bound by all terms of this Application. This guarantee will continue in full force and effect until all amounts payable by Applicant to Gold Coast Corporation and the Applicant Account has been terminated. The Applicant Guarantor hereby waives presentment demand of payment, filing, or proof of claim, any right to require a proceeding first against Applicant, protest notice and all demand whatsoever. The Applicant further authorizes and consents to the now and future use of personal consumer credit reports for information in support of this guarantee. Guarantor’s Signature Date Print Name Guarantor’s Signature Date Print Name INSURANCE REQUIREMENTS In lieu of Gold Coast Corporation Damage Waiver the customer is to provide us with a copy of their current Certificate of Insurance. This should include the following information:
AutoNDA by SimpleDocs
CONTINUING PERSONAL GUARANTY. I/We (GUARANTOR) personally, jointly and severally, guarantee payment of all indebtedness now due The Cincinnatus Group, LLC. (TCG) and all future indebtedness due TCG by CUSTOMER and I/We unconditionally promise to pay said indebtedness to TCG immediately upon demand and agree to the terms, covenants and conditions contained in this Continuing Personal Guaranty agreement. Upon any default of the CUSTOMER, TCG may, at its option, proceed directly and at once, without notice, against the undersigned to collect and recover the full amount of the liability hereunder or any portion thereof, without proceeding against the CUSTOMER or any other person. The undersigned assumes the responsibility for being and keeping themselves informed on the financial condition of the above applicant and of all other circumstances bearing upon the risk of non-payment of the indebtedness which diligent inquiry would reveal, and that absent a request for such information by the undersigned, TCG shall have no duty to advise the undersigned of information known to it regarding such condition or any such circumstance. Guarantor’s Address: Guarantor’s Phone No.( ) Social Security No.: Drivers License No.: Date: / / Type or Print Name Signature of Guarantor Guarantor’s Address: Guarantor’s Phone No.( ) Social Security No.: Drivers License No.: Date: / / Type or Print Name Signature of Guarantor Approved and Accepted By TCG On: ______________________________ TERMS AND CONDITIONS OF CONTINUING PERSONAL GUARANTY A. Paragraphs 3 through 6, inclusive, hereinabove, are incorporated by reference herein.
CONTINUING PERSONAL GUARANTY. The undersigned hereby unconditionally guarantees the full & prompt payment to Westrax Machinery/ASAP Heavy Equipment Rentals when due all indebtedness, obligations, & liabilities of Customer & the Subsidiaries & Affiliated Companies name in this Credit Application, including all amounts now owning & arising in the future, & including any interest, attorney fees & collection costs. The undersigned agrees to be personally bound by all credit terms of this Credit Application. This guaranty shall continue in force until notice in writing sent by certified mail, return receipt request is received by Westrax Machinery/ASAP Heavy Equipment Rentals. The notice shall specify the date of termination, not to be less than seven days after the notice is received & shall not affect any charges for transactions that were entered into prior to the termination date. This Guaranty is a guarantee of payment & performance, & not of collection. Print Name: Print Name: Signature: Date: Signature: Date: By signing above you agree to the Westrax Machinery/ASAP Heavy Equipment Rentals Master Rental Agreement printed on the following pages. Please read carefully. This agreement includes an indemnification clause, a class action and jury waiver, and limitations of Lessor’s liability. By accepting delivery of the Equipment or making payment(s) to Lessor for the same, Customer agrees to be bound by the Rental Agreement, even if the Rental Agreement has not been fully executed. This Rental Agreement shall automatically renew on each anniversary date unless either party elects, by giving written notice to the other party, not to renew the Rental Agreement.
CONTINUING PERSONAL GUARANTY. In order to induce Lafayette Textiles Corp located at 0000 X. 00xx Xxxxxx Xxxxxx, XX 00000 to extend and/or continue to extend financial accommodations and to accept the above Credit Acceptance Application and Purchase Agreement of (“Buyer”) and to sell goods to Buyer, and in consideration of any loans, advances, or financial accommodations previously made, presently agreed to, or subsequently granted by Lafayette Textiles Corp, the account of Buyer, whether pursuant to this agreement, or otherwise, the undersigned (“Guarantor”) for value received guaranties, promises and undertakes as follows:
Time is Money Join Law Insider Premium to draft better contracts faster.