Common use of Registration Number Clause in Contracts

Registration Number. T/A (hereinafter styled the TENANT) may now and from time to time hereafter owe or be indebted in to the LANDLORD and the successors and assigns of the LANDLORD arising from or out of or in terms of the Agreement of Lease to which this Suretyship is annexed, or any renewal, amendment, breach or cancellation of such Lease. It is agreed and declared that all admissions and acknowledgements of indebtedness by the TENANT shall be binding on me; that the LANDLORD shall be at liberty, without affecting the rights of the LANDLORD hereunder, to release securities and to give time to or compound or make any other arrangements with the TENANT or other person or persons, company or companies aforesaid without reference to or approval of me; and that in the event of liquidation, judicial management, insolvency or compromise, no such liquidation, judicial management, insolvency or compromise and no dividend/s or payment/s which the LANDLORD may receive from the TENANT or any other person or persons, company or companies, or from me, shall prejudice the rights of the LANDLORD to recover from me to the full extent of this Suretyship any sum which after the receipt of such dividend/s or payment/s may remain owing by the TENANT including any damages suffered by the LANDLORD arising from the premature cancellation of the Lease by a provisional trustee or provisional liquidator in terms of Section 37 of the Insolvency Act (no. 24 of 1936) as amended from time to time or any substitute legislation therefor. In the event of liquidation, judicial management or sequestration of the TENANT I bind myself not to file any claim against the TENANT in competition with the LANDLORD. Further, in the event of the compromise or composition by the TENANT, whether in terms of the company law or insolvency law, or under common law, I undertake not to file any claim against the TENANT in competition with the LANDLORD. AND I hereby renounce the benefit of the legal exceptions ordinis seu escussionis et divisionis, non causa debiti and revision of accounts with the force and effect of which I acknowledge myself to be fully acquainted and I agree and declare that this Suretyship is to be in addition and without prejudice to any other Suretyship / s and security / ties now or hereafter to be held by the LANDLORD and that it shall remain in force as a continuing security notwithstanding any intermediate settlement of account. AND I hereby agree that notwithstanding any part payment by me or on my behalf, I shall have no right to any cession of action in respect of such part payment and shall not be entitled to take any action against the TENANT or against any other surety for the TENANT in respect thereof unless and until the indebtedness of the TENANT to the LANDLORD shall have been discharged in full. AND for the purpose of any action against me hereunder for provisional sentence or otherwise, a certificate by the Auditor/s of the LANDLORD as to the amount owing by the TENANT and to the effect that the due date of payment of such amount has arrived shall be sufficient and satisfactory proof of the facts therein stated until the contrary shall have been proved. AND I choose domicilia citandi et executandi for all purposes herein at and all notices required to be given to me in terms hereof shall be considered duly given if posted to me to the said addresses:

Registration Number. T/A (hereinafter styled the TENANT) may now and from time to time hereafter owe or be indebted in to the LANDLORD and the successors and assigns of the LANDLORD arising from or out of or in terms of the Agreement of Lease to which this Suretyship is annexed, or any renewal, amendment, breach or cancellation of such Lease. It is agreed and declared that all admissions and acknowledgements of indebtedness by the TENANT shall be binding on meus; that the LANDLORD shall be at liberty, without affecting the rights of the LANDLORD hereunder, to release securities and to give time to or compound or make any other arrangements with the TENANT or other person or persons, company or companies aforesaid without reference to or approval of meus; and that in the event of liquidation, judicial management, insolvency or compromise, no such liquidation, judicial management, insolvency or compromise and no dividend/s or payment/s which the LANDLORD may receive from the TENANT or any other person or persons, company or companies, or from meus, shall prejudice the rights of the LANDLORD to recover from me us to the full extent of this Suretyship any sum which after the receipt of such dividend/s or payment/s may remain owing by the TENANT including any damages suffered by the LANDLORD arising from the premature cancellation of the Lease by a provisional trustee or provisional liquidator in terms of Section 37 of the Insolvency Act (no. 24 of 1936) as amended from time to time or any substitute legislation therefor. In the event of liquidation, judicial management or sequestration of the TENANT I we bind myself ourselves not to file any claim against the TENANT in competition with the LANDLORD. Further, in the event of the compromise or composition by the TENANT, whether in terms of the company law or insolvency law, or under common law, I we undertake not to file any claim against the TENANT in competition with the LANDLORD. AND I we hereby renounce the benefit of the legal exceptions ordinis seu escussionis et divisionis, non causa debiti and revision of accounts with the force and effect of which I we acknowledge myself ourselves to be fully acquainted and I we agree and declare that this Suretyship is to be in addition and without prejudice to any other Suretyship / s and security / ties now or hereafter to be held by the LANDLORD and that it shall remain in force as a continuing security notwithstanding any intermediate settlement of account. AND I we hereby agree that notwithstanding any part payment by me us or on my our behalf, I we shall have no right to any cession of action in respect of such part payment and shall not be entitled to take any action against the TENANT or against any other surety for the TENANT in respect thereof unless and until the indebtedness of the TENANT to the LANDLORD shall have been discharged in full. AND for the purpose of any action against me us hereunder for provisional sentence or otherwise, a certificate by the Auditor/s of the LANDLORD as to the amount owing by the TENANT and to the effect that the due date of payment of such amount has arrived shall be sufficient and satisfactory proof of the facts therein stated until the contrary shall have been proved. AND I we choose domicilia citandi et executandi for all purposes herein at and all notices required to be given to me us in terms hereof shall be considered duly given if posted to me us to the said addresses:

Registration Number. T/A (hereinafter styled the TENANT) may now and from time to time hereafter owe or be indebted in to the LANDLORD and the successors and assigns of the LANDLORD arising from or out of or in terms of the Agreement of Lease to which this Suretyship is annexed, or any renewal, amendment, breach or cancellation of such Lease. It is agreed and declared that all admissions and acknowledgements of indebtedness by the TENANT shall be binding on meus; that the LANDLORD shall be at liberty, without affecting the rights of the LANDLORD hereunder, to release securities and to give time to or compound or make any other arrangements with the TENANT or other person or persons, company or companies aforesaid without reference to or approval of meus; and that in the event of liquidation, judicial management, insolvency or compromise, no such liquidation, judicial management, insolvency or compromise and no dividend/s or payment/s which the LANDLORD may receive from the TENANT or any other person or persons, company or companies, or from meus, shall prejudice the rights of the LANDLORD to recover from me us to the full extent of this Suretyship any sum which after the receipt of such dividend/s or payment/s may remain owing by the TENANT including any damages suffered by the LANDLORD arising from the premature cancellation of the Lease by a provisional trustee or provisional liquidator in terms of Section 37 of the Insolvency Act (no. 24 of 1936) as amended from time to time or any substitute legislation therefor. In the event of liquidation, judicial management or sequestration of the TENANT I we bind myself ourselves not to file any claim against the TENANT in competition with the LANDLORD. Further, in the event of the compromise or composition by the TENANT, whether in terms of the company law or insolvency law, or under common law, I we undertake not to file any claim against the TENANT in competition with the LANDLORD. AND I we hereby renounce the benefit of the legal exceptions ordinis seu escussionis et divisionis, non causa debiti and revision of accounts with the force and effect of which I we acknowledge myself ourselves to be fully acquainted and I we agree and declare that this Suretyship is to be in addition and without prejudice to any other Suretyship / s and security / ties now or hereafter to be held by the LANDLORD and that it shall remain in force as a continuing security notwithstanding any intermediate settlement of account. AND I we hereby agree that notwithstanding any part payment by me us or on my our behalf, I we shall have no right to any cession of action in respect of such part payment and shall not be entitled to take any action against the TENANT or against any other surety for the TENANT in respect thereof unless and until the indebtedness of the TENANT to the LANDLORD shall have been discharged in full. AND for the purpose of any action against me us hereunder for provisional sentence or otherwise, a certificate by the Auditor/s of the LANDLORD as to the amount owing by the TENANT and to the effect that the due date of payment of such amount has arrived shall be sufficient and satisfactory proof of the facts therein stated until the contrary shall have been proved. AND I we choose domicilia xxxxxxxxx citandi et executandi for all purposes herein at and all notices required to be given to me us in terms hereof shall be considered duly given if posted to me us to the said addresses:

Registration Number. T/A (hereinafter styled the TENANT) may now and from time to time hereafter owe or be indebted in to the LANDLORD and the successors and assigns of the LANDLORD arising from or out of or in terms of the Agreement of Lease to which this Suretyship is annexed, or any renewal, amendment, breach or cancellation of such Lease. It is agreed and declared that all admissions and acknowledgements of indebtedness by the TENANT shall be binding on me; that the LANDLORD shall be at liberty, without affecting the rights of the LANDLORD hereunder, to release securities and to give time to or compound or make any other arrangements with the TENANT or other person or persons, company or companies aforesaid without reference to or approval of me; and that in the event of liquidation, judicial management, insolvency or compromise, no such liquidation, judicial management, insolvency or compromise and no dividend/s or payment/s which the LANDLORD may receive from the TENANT or any other person or persons, company or companies, or from me, shall prejudice the rights of the LANDLORD to recover from me to the full extent of this Suretyship any sum which after the receipt of such dividend/s or payment/s may remain owing by the TENANT including any damages suffered by the LANDLORD arising from the premature cancellation of the Lease by a provisional trustee or provisional liquidator in terms of Section 37 of the Insolvency Act (no. 24 of 1936) as amended from time to time or any substitute legislation therefor. In the event of liquidation, judicial management or sequestration of the TENANT I bind myself not to file any claim against the TENANT in competition with the LANDLORD. Further, in the event of the compromise or composition by the TENANT, whether in terms of the company law or insolvency law, or under common law, I undertake not to file any claim against the TENANT in competition with the LANDLORD. AND I hereby renounce the benefit of the legal exceptions ordinis seu escussionis et divisionis, non causa debiti and revision of accounts with the force and effect of which I acknowledge myself to be fully acquainted and I agree and declare that this Suretyship is to be in addition and without prejudice to any other Suretyship / s and security / ties now or hereafter to be held by the LANDLORD and that it shall remain in force as a continuing security notwithstanding any intermediate settlement of account. AND I hereby agree that notwithstanding any part payment by me or on my behalf, I shall have no right to any cession of action in respect of such part payment and shall not be entitled to take any action against the TENANT or against any other surety for the TENANT in respect thereof unless and until the indebtedness of the TENANT to the LANDLORD shall have been discharged in full. AND for the purpose of any action against me hereunder for provisional sentence or otherwise, a certificate by the Auditor/s of the LANDLORD as to the amount owing by the TENANT and to the effect that the due date of payment of such amount has arrived shall be sufficient and satisfactory proof of the facts therein stated until the contrary shall have been proved. AND I choose domicilia xxxxxxxxx citandi et executandi for all purposes herein at and all notices required to be given to me in terms hereof shall be considered duly given if posted to me to the said addresses: