Deed of Suretyship definition

Deed of Suretyship means the Deed of Suretyship annexed to this Agreement, and as referred to more fully in clause 10 hereof;
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Deed of Suretyship means the Deed of Suretyship to be executed by the Implementing Authority in favour of the General Agent in the form set out in Annexure XXV as the same may require to be amended to take account of the final form of the Loan Agreements;
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Deed of Suretyship means the deed of suretyship executed in favour of Insulated Structures for the due, proper and timeous performance by the purchaser of its obligations in terms of the agreement;
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Examples of Deed of Suretyship in a sentence

  • For this purpose a Deed of Suretyship form will be provided which shall be completed and returned to Transnet or a designated official by the successful Respondent within 30 [thirty] calendar days from the date of the letter of acceptance.

  • Failure to return the Deed of Suretyship within the prescribed time shall, save where prior extension has been granted, entitle Transnet without notice to the Supplier/Service Provider to cancel the contract with immediate effect.

  • Such security shall be in the form of a Deed of Suretyship [Deed of Suretyship] furnished by an approved bank, building society, insurance or guarantee corporation carrying on business in South Africa.

  • For the purpose of clause 24.124.1 above, Transnet will supply a Deed of Suretyship form to the successful Respondent for completion and no guarantee in any other form will be accepted.

  • In the event of the Lessee being a Company / Close Corporation, at the date of signature of this Offer to Lease then the Lessee warrants that its Directors / Shareholders / Members shall bind themselves as sureties and co- principal debtors in solidum with the Lessee for the due performance of the Lessee’s obligations, in terms of the Lessor’s standard Deed of Suretyship.

  • I hereby consent to the jurisdiction of the Magistrate’s Court in respect of any legal action arising out of this Deed of Suretyship notwithstanding the fact that the amount claimed may exceed the jurisdiction of such court, the discretion however remaining with the Company to elect the forum from which it wishes to institute any legal action.

  • I agree that this Deed of Suretyship is without prejudice to any other suretyship/s or security/ies now held or hereafter to be held by the Company and that it shall remain in force as a continuing security notwithstanding immediate settlement of any particular account, and notwithstanding death or legal disability.

  • The CFO may, upon written application, waive such Deed of Suretyship requirement and determine another form of security that will protect the Municipality’s interests and mitigate risk to the Municipality.

  • This finding is in contrast with that of Ojih, Esiekpe and Okafor (2016) that there is a significant difference in the interest of male and female students in Physics.

  • The address appearing under my name above shall be my domicilium citandi et executandi for all purposes in respect of this Deed of Suretyship and Co-principal Debtorship including the service of all documents, notices and legal process.


More Definitions of Deed of Suretyship

Deed of Suretyship means the Deed of Suretyship to be executed by the Authority in favour of the General Agent in the form set out in Annexure XXV as the same may require to be amended to take account of the final form of the Loan Agreements;
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Deed of Suretyship means the suretyship agreement, if applicable, which shall be agreed to by the Client by way of the Client clicking, agreeing to or otherwise indicating that it has both read and agrees to be bound by same, and in terms of which the Surety binds himself/herself/itself to the Service Provider as surety, guarantor and co-principal debtor for the obligations of the Client in terms of this Hardware Lease Schedule;
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Related to Deed of Suretyship

  • Deed of Accession means a deed of accession substantially in the form set out in Schedule 6.

  • Deed of Covenant means, in relation to a Ship and if required by the laws of the Approved Flag State, a deed of covenant collateral to the Mortgage on that Ship and creating charges over (inter alia) that Ship, her Earnings, her Insurances and any Requisition Compensation in the Agreed Form;

  • Security and Pledge Agreement shall have the meaning set forth in Section 4.01(c).

  • Guaranty Agreement means an agreement executed by the Guarantors in substantially the form of Exhibit F-2 unconditionally guarantying on a joint and several basis, payment of the Indebtedness, as the same may be amended, modified or supplemented from time to time.

  • Guaranty means, with respect to any Person, any obligation (except the endorsement in the ordinary course of business of negotiable instruments for deposit or collection) of such Person guaranteeing or in effect guaranteeing any indebtedness, dividend or other obligation of any other Person in any manner, whether directly or indirectly, including (without limitation) obligations incurred through an agreement, contingent or otherwise, by such Person:

  • VA Loan Guaranty Agreement means the obligation of the United States to pay a specific percentage of a Mortgage Loan (subject to a maximum amount) upon default of the Mortgagor pursuant to the Servicemen’s Readjustment Act, as amended.

  • Guaranty Agreements means and includes the Guarantee of the Loan Parties provided for in Section 11 and any other guaranty agreement executed and delivered in order to guarantee the Secured Obligations or any part thereof in form and substance acceptable to the Administrative Agent.

  • Deed of Charge means the English law deed of charge that may be entered into between the Guarantor and the Representative of the Covered Bondholders (acting on behalf of the Covered Bondholders and the Other Creditors);

  • Surety Instruments means all letters of credit (including standby and commercial), banker's acceptances, bank guaranties, shipside bonds, surety bonds and similar instruments.

  • Guaranty and Security Agreement means a guaranty and security agreement, dated as of even date with this Agreement, in form and substance reasonably satisfactory to Agent, executed and delivered by each of the Loan Parties to Agent.

  • Deed of Trust means this Deed of Trust, Assignment of Leases and Rents, Security Agreement and Fixture Filing, as the same may from time to time be extended, amended, restated, supplemented or otherwise modified.

  • Security Instruments means, collectively, (a) the Mortgages, (b) the Transfer Letters, (c) the Pledge Agreements, (d) the Security Agreements, (e) each other agreement, instrument or document executed at any time in connection with the Pledge Agreements, the Security Agreements, or the Mortgages, (f) each agreement, instrument or document executed in connection with the Cash Collateral Account; and (g) each other agreement, instrument or document executed at any time in connection with securing the Obligations.

  • Security Agreement With respect to a Cooperative Loan, the agreement creating a security interest in favor of the originator in the related Cooperative Stock.

  • Assignment of Leases and Rents With respect to any Mortgaged Property, any assignment of leases, rents and profits or similar instrument executed by the Obligor, assigning to the mortgagee all of the income, rents and profits derived from the ownership, operation, leasing or disposition of all or a portion of such Mortgaged Property, whether contained in the Mortgage or in a document separate from the Mortgage, in the form that was duly executed, acknowledged and delivered, as amended, modified, renewed or extended through the date hereof and from time to time hereafter in accordance with the Credit and Collection Policy.

  • Borrower Security Agreement means the Security Agreement, dated as of the date hereof, between Borrower and the Agent.

  • Second Lien Security Agreement means the Second Lien Security Agreement, dated as of the date hereof, among the Initial Borrower, the Parent Borrower, certain Subsidiaries of the Parent Borrower from time to time party thereto and the Second Lien Notes Collateral Agent, as amended, restated, waived, restructured, renewed, extended, supplemented or otherwise modified from time to time or as replaced in connection with any Refinancing, extension, refunding or replacement of the Second Lien Notes Indenture.

  • Security Deed means the security deed dated on or about the Series Issue Date of the ETC Securities entered into as a deed by the Issuer, the Trustee and any other parties thereto by the execution of the Issue Deed and in the form of the Master Security Terms (as amended and/or supplemented by the Issue Deed) and as such Security Deed is amended, supplemented, novated or replaced from time to time.

  • Guaranty and Collateral Agreement means the Guaranty and Collateral Agreement dated as of the date hereof executed and delivered by the Loan Parties, together with any joinders thereto and any other guaranty and collateral agreement executed by a Loan Party, in each case in form and substance satisfactory to the Administrative Agent.

  • Deed of Release has the meaning set out in the Restructuring Implementation Deed;

  • Indemnity Agreement means that certain Indemnity Agreement dated as of the Closing Date by Borrower and Indemnitor in favor of Lender.

  • Guarantor Security Agreement means any security agreement executed by any Guarantor in favor of Agent securing the Obligations or the Guaranty of such Guarantor, in form and substance satisfactory to Agent.

  • Assignment of Leases With respect to any Mortgaged Property, any assignment of leases, rents and profits or similar agreement executed by the Mortgagor, assigning to the mortgagee all of the income, rents and profits derived from the ownership, operation, leasing or disposition of all or a portion of such Mortgaged Property, in the form which was duly executed, acknowledged and delivered, as amended, modified, renewed or extended through the date hereof and from time to time hereafter.

  • CONSTRUCTION GUARANTEE means a guarantee at call obtained by the contractor from an institution approved by the employer in terms of the employer's construction guarantee form as selected in the schedule

  • Guaranties means, collectively, each Subsidiary Guaranty and any other guaranty executed by any Guarantor in favor of Agent and Lenders in respect of the Obligations.

  • Obligation Guaranty means any Guarantee of all or any portion of the Secured Obligations executed and delivered to the Administrative Agent for the benefit of the Secured Parties by a guarantor who is not a Loan Party.

  • Collateral Assignment means, with respect to any Contracts, the original instrument of collateral assignment of such Contracts by the Company, as Seller, to the Collateral Agent, substantially in the form included in Exhibit A hereto.