PERSONAL GUARANTEE AND INDEMNITY. (a) If the Buyer is a company, then the Buyer must: (i) procure the due execution of a guarantee and indemnity from each director of the company in the form of the guarantee and indemnity forming Annexure “B” of this Contract; and (ii) immediately deliver the duly executed guarantee and indemnity to the Seller together with this Contract.
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Samples: Contract for Residential Lots in a Community Titles Scheme, Contract for Houses and Residential Land, Contract for Houses and Residential Land
PERSONAL GUARANTEE AND INDEMNITY. (a) If the Buyer is a company, then the Buyer must:
(i) procure the due execution of a guarantee and indemnity from each director of the company in the form of the guarantee and indemnity forming Annexure “B” of this Contract; and
(ii) immediately deliver the duly executed guarantee and indemnity to the Seller together with this Contract.
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