Common use of REPAYMENT GUARANTEE Clause in Contracts

REPAYMENT GUARANTEE. We the undersigned hereby accept jointly and severally liability for the repayment of the loan in the event of the borrower's default. We understand that the amount in default may be recovered by an offset against our shares in the society or by attachment of our property or salary and that we shall not be eligible for loans unless the amount in default has been cleared if full. For official use only: LOANS OFFICE a) Total Shares Kshs. b). Loan outstanding Kshs.

Appears in 2 contracts

Samples: Loan Agreement, Loan Agreement

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REPAYMENT GUARANTEE. We We, the undersigned undersigned, hereby accept jointly and severally severally, liability for the repayment of the this loan in the event of the borrower's ’s default. We understand that the amount in default may be recovered by an offset against our shares in the society deposit or by attachment of our property or salary and that we shall not be eligible for loans unless the amount in default has been cleared if full. For official use only: LOANS OFFICE a) Total Shares Kshs. b). Loan outstanding Kshsproperty, salary.

Appears in 2 contracts

Samples: Loan Agreement, Loan Agreement

REPAYMENT GUARANTEE. We We, the undersigned undersigned, hereby accept jointly and severally liability for the repayment of the loan in the event of the borrower's borrowers default. We understand that the amount in default may be recovered by an offset against our shares in the society or by attachment of our property or salary salary, and that we shall not be eligible for loans unless the amount in default has been cleared if in full. For official use only: LOANS OFFICE a) Total Shares Kshs. b). Loan outstanding Kshs.

Appears in 2 contracts

Samples: Loan Agreement, Asset Finance Loan Agreement

REPAYMENT GUARANTEE. We We, the undersigned hereby accept jointly and severally severally, liability for the repayment of the loan in the event of the borrower's borrower default. We understand that the amount in default may be recovered by an offset against our shares in the society or by attachment of our property or salary and that we shall not be eligible for loans unless the amount in default has been cleared if in full. For official use only: LOANS OFFICE a) Total Shares Kshs. b). Loan outstanding Kshs.

Appears in 1 contract

Samples: Loan Agreement

REPAYMENT GUARANTEE. We the undersigned undersigned, hereby accept jointly and severally severally, liability for the repayment of the loan in the event of the borrower's ’s default. We understand that the amount in default may be recovered by an offset against our out shares in the society or of by attachment of our property or salary salary, and that we shall not be eligible for loans unless the amount in default has been cleared if in full. For official use only: LOANS OFFICE a) Total Shares Kshs. b). Loan outstanding Kshs.

Appears in 1 contract

Samples: Emergency Loan Application Agreement

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REPAYMENT GUARANTEE. We We, the undersigned undersigned, hereby accept jointly and severally liability for the repayment of the loan in the event of the borrower's borrowers default. We understand that the amount in default may be recovered by an offset against our againstour shares in the society or by attachment of our property or salary salary, and that we shall not be eligible for loans unless the amount in default has been cleared if in full. For official use only: LOANS OFFICE a) Total Shares Kshs. b). Loan outstanding Kshs.

Appears in 1 contract

Samples: Loan Agreement

REPAYMENT GUARANTEE. We We, the undersigned undersigned, hereby accept jointly and severally liability for the repayment of the loan in the event of the borrower's ’s default. We understand that the amount in default may be recovered by an offset against our shares savings in the society Society or by attachment of our property or salary including monthly salary, and that we shall not be eligible for loans Jijenge appliances unless the amount in default has been cleared if in full. 3. For official use onlyG: LOANS OFFICE a) Total Shares Kshs. b). Loan outstanding Kshs.FOR CREDIT COMMITTEE USE ONLY

Appears in 1 contract

Samples: Jijenge Appliances Application and Agreement

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