Common use of Guarantor Name Clause in Contracts

Guarantor Name. If the loan made through this agreement may only progress through the participation of a Guarantor who will pay the loan amount should the Borrower default then this Guarantor must be identified and must accept this responsibility by signature. To this end, the “Guarantor” statement must be supplied with the full name of the Guarantor.

Guarantor Name. If the loan made through this agreement may only progress through the participation of a Guarantor who will pay the loan amount should the Borrower default then this Guarantor must be identified and must accept this responsibility by signature. To this end, the “Guarantor” statement must be supplied with the full name of the Guarantor.