Common use of PERSONAL GUARANTEE Clause in Contracts

PERSONAL GUARANTEE. To induce and in consideration of EZCheck acceptance of this Agreement, the undersigned (herein referred to as “Guarantor”) unconditionally, personally, individually, jointly and severally guarantees performance of the Merchant’s obligations under this Agreement and payment of all sums due hereunder and hereby continues to personally indemnify EZCheck for any and all funds due from Merchant under the terms of this Agreement.

PERSONAL GUARANTEE. To induce and in consideration of EZCheck acceptance of this Agreement, the undersigned (herein referred to as “Guarantor”) unconditionally, personally, individually, jointly and severally guarantees performance of the Merchant’s Merchant‟s obligations under this Agreement and payment of all sums due hereunder and hereby continues to personally indemnify EZCheck for any and all funds due from Merchant under the terms of this Agreement.