Method of Guarantee. The guarantee provided by Party A hereunder shall be the guarantee with several and joint liability.
Method of Guarantee. The guarantee herein is joint and several. The Guarantor acknowledges that where the Borrower fails to perform its debt under the master contract, no matter whether the Lender owns any other guarantee (including but not limited to guarantee, mortgage and pledge) against the lender’s rights under the master contract, the Lender is entitled to require the Guarantor to undertake its guarantee liability within the said scope of guarantee, with no lender’s right to require any other guarantor to perform their guarantee liabilities first.
Method of Guarantee. The Guarantor voluntarily provides the Lender with the joint and several liability guarantee.
Method of Guarantee. The guarantee hereunder shall be a joint and several one. The Guarantor confirms that the Creditor shall be entitled to request it to bear guarantee liability to the extent of the guaranteed scope as specified in this Contract without claiming any other prior guarantee liability against other guarantors if the Debtor fails to perform its obligations pursuant to the principal contracts, irrespective of other guarantees (including but not limited surety, mortgages and pledge, etc.) in favor of the Creditor's claims under the principal contracts. The Guarantor hereby waives its defense of requesting the execution of the collaterals of the Debtor in the first instance.
Method of Guarantee. The guarantee herein is joint and several, namely, the guarantors under the Contract undertake joint and several liabilities for the Lender jointly.
Method of Guarantee. 3.1 Party B is jointly liable for Borrower’s liabilities under the Loan Agreement.
3.2 The Loan is secured by both pledge and guarantee. Party A has the right to seek repayment from any guarantors or xxxxxxx.
Method of Guarantee. The guarantee liability of this Guarantee Contract is joint and several, which means the Guarantor and the Borrower shall undertake joint and several obligation unconditionally regarding the debt under the Loan Contract. Such liability shall not be affected by any disputes, claims or legal proceedings. If the Borrower does not repay the principal and interest of the loans on any normal repayment date according to the Loan Contract or on any early repayment date under the Loan Contract, the Guarantor shall perform the guarantee obligation. The Lender specially points out that the normal repayment date set forth in this Article is the payment date of interest provided in the Loan Contract, the repayment date of principal provided in the repayment schedule or certificates of indebtedness, or the payment date of any payment that the Borrower shall pay to the Lender in accordance with the contracts. The early repayment date provided in this Article is the early repayment date suggested by the Borrower and agreed by the Lender, and the date which the Lender requires the Borrower to make the repayment of any funds in accordance with the contracts. In the event of any incident under paragraph two of this article occurs, the Guarantor shall, within 5 working days after the delivery of the repayment notice to the Guarantor by the Lender, pay the amount of money required by the repayment notice to the account specified by the Lender. The repayment notice shall be in written form. Whenever the Lender has sent the repayment notice to the address of the Guarantor as set out in this Contract (if the Guarantor informs the change of address to the person being guaranteed by a written notice, the new address shall prevail), the dates on which the repayment notice is deemed to have been delivered based on the followings:
(1) The repayment notice sent by post shall be deemed delivered after one working day; or
(2) The repayment notice sent by facsimile or other forms of electronic transmission shall be deemed delivered on the date of the completed transmission as recorded on the machine ; or
(3) The repayment notice sent by personal delivery shall be deemed delivered on the date of receipt. After receiving the aforesaid notice, the Guarantor shall promptly pay the amount required by the notice and shall not refuse or delay by any reason, the performance of all its obligations under this Guarantee Contract.
