Limited Personal Guaranty Clause Samples
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Limited Personal Guaranty. In the Event of a Default, Purchaser will enforce its rights against the Guarantors of this transaction. Said Guarantors will be jointly and severally liable to Purchaser for all of Purchaser’s losses and damages, in additional to all costs and expenses and legal fees associated with such enforcement.
Limited Personal Guaranty. 26. In consideration of Landlord making the Lease with ▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇▇▇, Guarantor, personally, guarantees to Landlord payment of all Rent and additional Rent not timely paid by Tenant pursuant to the Lease. The obligation of Guarantor shall cease (1) upon actual vacancy and surrender of premises clean and broom swept (2) Surrender of keys to the Landlord (3) a Termination Agreement, executed by both Landlord and ▇▇▇▇▇▇ stating the premises are surrendered in accordance with the terms of the Lease, vacant and free of all tenancies, and (4) full payment of all Rent and Additional Rent due, to the date of compliance with above.
Limited Personal Guaranty. In the Event of a Default, VCG will enforce its rights against the Guarantors of this transaction. Said Guarantors will be jointly and severally liable to VCG for all of VCG’s losses and damages, in additional to all costs and expenses and legal fees associated with such enforcement. 3.3
Limited Personal Guaranty. It is a material inducement, consideration and condition to Landlord entering into this Lease that the limited personal guaranty attached hereto and made a part hereof be signed and delivered by the guarantor(s) described therein without regard to the dates written or printed in the documents (or the order in which the parties have signed this Lease and the guarantor(s) have signed the limited personal guaranty), as the parties acknowledge and agree that, anything contained in this Lease to the contrary notwithstanding, Landlord will not deliver a fully executed original of this Lease (signed by Landlord and Tenant) to Tenant until after Landlord has received this Lease signed by Tenant, checks for the first month's rent and security, and the limited personal guaranty signed by the guarantor(s). It shall be a condition of the surrender instrument described in the enclosed limited personal guaranty that the security deposit of Tenant be forfeited, without relieving Tenant of any liability.