No Competition. At law, Guarantors have rights against the person they have guaranteed and any co-guarantors. To ensure the Lender’s rights against those same people are not affected the Guarantor agrees that it will not, without the written consent of the Lender:
Appears in 13 contracts
Sources: Loan Agreement, Loan Agreement, Loan Agreement
No Competition. At law, Guarantors have rights against the person they have guaranteed and any co-guarantors. To ensure the Lender’s rights against those same people are not affected the Guarantor agrees that it will not, without the written consent of the LendertheLender:
Appears in 3 contracts
Sources: Personal Loan Agreement, Personal Loan Agreement, Personal Loan Agreement