Mode of Guarantee Sample Clauses

Mode of Guarantee. 4.1 The mode of guarantee under this Agreement shall be joint liability guarantee.
AutoNDA by SimpleDocs
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.
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 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 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. Article 3 The guarantee provided by the guarantor hereunder is a joint and several liability guarantee.
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.
AutoNDA by SimpleDocs
Mode of Guarantee. The guarantee mode hereof is guarantee with joint and several liabilities.
Mode of Guarantee. The Mortgagor acknowledges that, the Mortgagee has the first priority of claims for the mortgaged properties unless otherwise agreed in this Contract. When the Debtor fails to fulfill its debts in accordance with the Master Contract, irrespective of whether the Mortgagee has other guarantee rights (including but not limited to guarantees in the form of surety, mortgage, or pledge) for the creditor's rights under the Master Contract, the Mortgagee has the right to first require the Mortgagor to fulfill the guarantee responsibilities within the scope of guarantee agreed in this Contract without first requiring other guarantors to fulfill their guarantee responsibilities.
Mode of Guarantee. This guarantee is a joint and several liability guarantee. When Party A defaults at the payment due, Party B may enforce its rights hereunder against Party A, or require Party C to fulfill the guarantee responsibilities within the scope of guarantee.
Time is Money Join Law Insider Premium to draft better contracts faster.