The Bank. 3.3.1. Is entitled to request from the Guarantor settlement of the Secured Claims without the compulsory enforcement efforts against the Debtor and preliminary warning of the Debtor/Guarantor, if the Debtor’s insolvency is evident and/or the debt has been claimed by the Bank ahead of the term and has not been paid; 3.3.2. Xxxxx, at the Guarantor’s request, provide him/her/it with information regarding the Debtor’s debt; 3.3.3. Is entitled to exercise foreclosure on any property or assets of the Guarantor in order to settle the Debtor’s liability.
Appears in 5 contracts
Samples: Joint Guarantee Agreement, Joint Guarantee Agreement, Joint Guarantee Agreement
