Common use of SURETYSHIP Clause in Contracts

SURETYSHIP. Where the Purchaser is a company, close corporation or trust, the Surety renouncing the benefits of excussion and division, the full meaning which he/she declares himself/herself to be fully acquainted with, hereby binds himself/herself as Surety and co-principal debtor with the Purchaser for all the latter’s obligations under this Agreement.

Appears in 2 contracts

Samples: Sale Agreement, Agreement of Sale

AutoNDA by SimpleDocs

SURETYSHIP. Where the Purchaser is a company, close corporation or trust, the Surety renouncing the benefits of excussion and division, the full meaning which he/she declares himself/herself to be fully acquainted with, hereby binds himself/herself as Surety and co-co- principal debtor with the Purchaser for all the latter’s obligations under this Agreement.

Appears in 1 contract

Samples: Sale Agreement

SURETYSHIP. Where the Purchaser is a company, close corporation or trust, the Surety renouncing the benefits of excussion and division, the full meaning of which he/she he declares himself/herself himself to be fully acquainted withacquainted, hereby binds himself/herself himself as Surety and co-principal debtor with the Purchaser for all the latter’s latter‟s obligations under this AgreementAgreement and the provisions of the Deed of Suretyship in this clause 30.

Appears in 1 contract

Samples: Agreement of Sale

SURETYSHIP. Where the Purchaser is a company, close corporation or trust, the Surety renouncing the benefits of excussion and division, the full meaning which he/she declares himself/herself to be fully acquainted with, hereby binds himself/herself as Surety and co-principal debtor with the Purchaser for all the latter’s obligations under this Agreement.

Appears in 1 contract

Samples: Agreement of Sale

AutoNDA by SimpleDocs

SURETYSHIP. Where the Purchaser is a company, close corporation or trust, the Surety renouncing the benefits of excussion and division, the full meaning which he/she declares himself/herself to be fully acquainted with, hereby xxxxxx binds himself/herself as Surety and co-principal debtor with the Purchaser for all the latter’s obligations under this Agreement.

Appears in 1 contract

Samples: Agreement of Sale

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!