Common use of Multiple Guarantors Clause in Contracts

Multiple Guarantors. Each Guarantor must submit and execute a separate Guaranty, unless Guarantor(s) are husband and wife. Guarantor will remain liable for sums owed to Owner by the Resident, including damages, until your Guaranty ends. The term "you" in this Guaranty refers to the Guarantor and the Guarantor's spouse, if applicable.

Appears in 2 contracts

Sources: Lease Guaranty, Lease Guaranty