Mode of Guarantee. 4.1 The mode of guarantee under this Agreement shall be joint liability guarantee.
4.2 If there is more than one guarantor, the guarantors are joint liability guarantors and shall assume joint liability guarantee together.
Mode of Guarantee. 1.1 The Guarantors guarantee that the Debtor (the Lessee) will duly perform all of its obligations under the Lease, the mode of guarantee provided by the Guarantors is unlimited joint liability guarantee.
1.2 The Creditor (the Lessor) is entitled to request any Guarantor to perform all the guarantee liabilities, without any prior claim to the Debtor (the Lessee) by any means, including but not limited to notice, claim on site, or lodge or come into any legal procedure.
Mode of Guarantee. The Guarantee mode hereof is Guarantee with joint and several liabilities; The Guarantor confirms in case that the debtor fails to repay the debt in accordance with the AGREEMENT, the Creditor is entitled to ask the Guarantor to assume the guarantee liability in the scope defined in the Agreement, no matter whether the Creditor has other security rights on the debt under the AGREEMENT (including but not limited to security, mortgage and pledge), with no need to ask the other Guarantors to assume the guarantee liability first. SHANGHAI PUDONG DEVELOPMENT BANK MAXIMUM GUARANTEE AGREEMENT The Guarantor hereby undertakes to waive the defense that claims for advance enforcement of the guarantee in rem provided by the debtor.
Mode of Guarantee. The mode of guarantee hereunder is guarantee of joint and several liability provided by Party A. Party A confirms, where the debtor does not execute the debt as described in the Master Contract, Party B has right to claim Party A bearing the joint and several liability immediately on the scope of the guarantee hereunder, no matter whether the debt is supported by other securities (including but not limited, Guarantee, Mortgage, Pledge, Credit Insurance, SBLC etc.)
Mode of Guarantee. The Mortgagor hereby acknowledges: The Mortgagee enjoys the first priority of compensation, unless otherwise specified herein. Where the Debtor fails to discharge its debt as per provisions of master contract, the Mortgagee is entitled to request the Mortgagor to bear guarantee responsibility within the scope as agreed herein before requesting other guarantors to perform guarantee responsibility, no matter whether the Mortgagee enjoys other guarantee rights for the debts under master contract (including but not limited to guarantee type such as security, mortgage and pledge).
Mode of Guarantee. The mode of guarantee under this Contract is specified in paragraph 1 below: (note: complete on on factual basis and delete non-applicable terms)
1. Joint and several liability guarantee.
Mode of Guarantee. Article 3 The guarantee provided by the Guarantor under this Contract is a kind of guarantee with joint liability.
Mode of Guarantee. The mode of guarantee hereunder is guarantee of joint and several liability provided by Party A.
Mode of Guarantee. 4.1 The guarantee method under this Contract is a joint liability guarantee. If the debtor fails to discharge or does not fully discharge its debt upon expiry of the discharge period of a single debt under the Master Contracts, Party B shall have the right to directly require Party A to bear the guarantee liability.
Mode of Guarantee. The Guarantor hereby acknowledges to assume joint and several liability economically and legally for all debts of the Credit Applicant within the guarantee scope specified under Article 2. If the Credit Applicant fails to repay principals, interests and related fees of any loans, advances and other credits on time in accordance with provisions of the Credit Agreement and / or relevant separate contracts, or in case any of other breach events provided under the Credit Agreement and/or relevant separate contracts has arisen, your bank shall have the right to take recourse against the Guarantor directly without the need to take recourse or bring an action against the Credit Applicant on a prior basis. Even though mortgages, pledges or other guarantees have also been established to secure on-time repayment of full debts of the Credit Applicant under the Credit Agreement, your bank also have the right to take direct recourse against the Guarantor for repayment of full debts of the Credit Applicant under the Credit Agreement, without the need to dispose the mortgaged assets, pledged assets or goods or bills under the trade financing or take recourse against other guarantors on a prior basis.
