Common use of SURETYSHIP Clause in Contracts

SURETYSHIP. The signatory to this Agreement, as the authorized representative of the Customer, hereby binds himself/herself to SADV as personal surety and as co-principle debtor in solidum with Customer for the due, punctual and proper fulfilment and performance by Customer of all its obligations in terms of this Agreement. The aforementioned signatory hereby renounces all benefits arising from the legal exceptions of non numerataepecuniae, non causa debiti, errore calculi and beneficioexcussionus et divisionis, with the force and effect of which he/she hereby declares himself/herself to be fully acquainted.

SURETYSHIP. The signatory to this Agreement, as the authorized representative of the Customer, hereby binds himself/herself to SADV as personal surety and suretyand as co-principle debtor in solidum with Customer for the due, punctual and proper fulfilment and performance by Customer of all its obligations in terms of this Agreement. The aforementioned signatory hereby renounces all benefits arising from the legal exceptions of non numerataepecuniae, non causa debiti, errore calculi and beneficioexcussionus et divisionis, with the force and effect of which he/she hereby declares himself/herself to be fully acquainted.