Guarantee (Note Clause Samples

Guarantee (Note. Fill in optionally according to the actual conditions, and delete the inapplicable clauses) 1. The debt hereunder shall be guaranteed in the following ways: ☐ No guarantee. ☐ This contract belongs to the guarantor ▇▇▇▇▇▇▇ ▇▇▇▇,▇▇▇▇▇ ▇▇▇▇ is the main contract under the No.Z66X2022034 ☐ Maximum Amount Guarantee Contract /☐ Maximum Amount Mortgage Contract /☐ Maximum Amount Pledge Contract signed between the Guarantor and the Lender, and the guarantor shall provide the maximum amount guarantee. ☐ (Other forms of guarantee) 2. In the event that the Borrower or the Guarantor may affect its ability to perform the Agreement, or that the Guarantee contract becomes invalid, cancelled or rescinded, or that the Borrower or the Guarantor’s financial situation deteriorates or becomes involved in major litigation or arbitration cases, or that the Borrower or the Guarantor’s accounts are closed or for other reasons may affect its ability to perform the Agreement, If the guarantor breaches the guarantee contract or any other contract between the guarantor and the Lender, or the guarantee is devalued, damaged, lost or sealed, resulting in the weakening or loss of the value of the guarantee, the Lender shall have the right to require and the Borrower shall have the obligation to provide a new guarantee or replace the guarantor to guarantee the obligations hereunder.
Guarantee (Note. Selective filling according to the actual operation, and delete the clauses that are not applicable) 1. The guarantee method for the debts under this Contract is: ☐ uncover
Guarantee (Note. Zhejiang Mengdeli Electric Co.,ltd shall provide unconditional full guarantee to assume irrevocable joint liability of bond of the current period.

Related to Guarantee (Note

  • Subsidiary Guaranty (a) Each of the Subsidiary Guarantors hereby, jointly and severally, unconditionally and irrevocably, guarantees to the Noteholders for the ratable benefit of such Noteholders and their respective successors, indorsees, transferees and assigns, the prompt and complete payment and performance by the Company when due (whether at the stated maturity, by acceleration or otherwise) of the Note Purchase Agreement and the Obligations. (b) Anything herein or in any other Note Document to the contrary notwithstanding, the maximum liability of each Subsidiary Guarantor hereunder and under the other Note Documents shall in no event exceed the amount which can be guaranteed by such Subsidiary Guarantor under applicable federal and state laws relating to the insolvency of debtors (after giving effect to the right of contribution established in Section 3). (c) Each Subsidiary Guarantor agrees that the Obligations may at any time and from time to time exceed the amount of the liability of such Subsidiary Guarantor hereunder without impairing this Subsidiary Guaranty or affecting the rights and remedies of any Noteholder hereunder. (d) This Subsidiary Guaranty shall remain in full force and effect until all the Obligations and the obligations of each Subsidiary Guarantor under this Subsidiary Guaranty shall have been satisfied by payment in full. (e) No payment made by the Company, any of the Subsidiary Guarantors, any other Subsidiary Guarantor or any other Person or received or collected by any Noteholder from the Company, any of the Subsidiary Guarantors, any other Subsidiary Guarantor or any other Person by virtue of any action or proceeding or any set-off or appropriation or application at any time or from time to time in reduction of or in payment of the Obligations shall be deemed to modify, reduce, release or otherwise affect the liability of any Subsidiary Guarantor hereunder which shall, notwithstanding any such payment (other than any payment made by such Subsidiary Guarantor in respect of the Obligations or any payment received or collected from such Subsidiary Guarantor in respect of the Obligations), remain liable for the Obligations up to the maximum liability of such Subsidiary Guarantor hereunder until the Obligations are paid in full.