The Guarantor Sample Clauses
The Guarantor clause defines the role and obligations of a party who agrees to guarantee the performance or payment obligations of another party under a contract. Typically, this clause specifies the extent of the guarantor's liability, such as whether it is limited to a certain amount or covers all obligations, and may outline the conditions under which the guarantor must fulfill these obligations, such as upon the default of the primary obligor. Its core practical function is to provide assurance to the beneficiary that contractual commitments will be met, thereby reducing the risk of non-performance or non-payment.
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The Guarantor. Delete if no guarantor. Otherwise, ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ . ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ .
The Guarantor. The Guarantor guarantees all payments of rent, any other obligations under this Agreement, and any other payments due to the Landlord which the Tenant is required to pay under this Agreement, and liability continues in respect of any payment due but not paid even after the termination of this Agreement or any alteration to this Agreement. Guarantor Full Name (Block Capitals) Guarantor Address Date: Guarantor Full Name (Block Capitals) Guarantor Address Date: Guarantor Full Name (Block Capitals) Guarantor Address Date: Guarantor Full Name (Block Capitals) Guarantor Address Date: Guarantor Full Name (Block Capitals) Guarantor Address Date:
The Guarantor. The Guarantor is hereby made a party to the Indenture.
The Guarantor. [ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ]
11.1. The Guarantor hereby irrevocably gives the following guarantees:
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The Guarantor. (i) shall, and shall procure that each other Relevant Person will, promptly notify the Owner of any non-compliance by any Relevant Person or their respective officers, directors, or employees with all laws and regulations relating to Sanctions, (including but not limited to notifying the Owner in writing immediately upon being aware that any Relevant Person or their respective shareholders, directors, officers or employees is a Prohibited Person or has otherwise become a target of Sanctions) as well as provide all information in relation to its business and operations which may be relevant for the purposes of ascertaining whether any of the aforesaid parties are in compliance with such laws.
(ii) shall, and will procure that each other Relevant Person will, promptly notify the Owner of any non-compliance by any Relevant Person or their respective officers, directors, or employees with all laws and regulations relating to Anti-Money Laundering Laws, Anti-Terrorism Financing Laws and/or Business Ethics Laws as well as provide all information (once available) in relation to its business and operations which may be relevant for the purposes of ascertaining whether any of the aforesaid parties are in compliance with such laws.
The Guarantor. The Guarantor guarantees all payments of rent, any other obligations under this Agreement, and any other payments due to the Landlord which the Tenant is required to pay under this Agreement, and liability continues in respect of any payment due but not paid even after the termination of this Agreement or any alteration to this Agreement. Guarantor 1
The Guarantor. 13.1. ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ , ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ , ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ .
The Guarantor. 9.1 The Guarantor guarantees to the Landlord that the Tenant shall pay the Rent and observe and perform the tenant covenants of this Agreement and that if the Tenant fails to pay the Rent or to observe or perform any of the tenant covenants, the Guarantor shall pay or observe and perform them.
9.2 The Guarantor covenants with the Landlord as a separate and independent primary obligation to indemnify the Landlord against any failure by the Tenant to pay the Rent or any failure to observe or perform any of the tenant covenants of this Agreement.
9.3 The liability of the Guarantor under clause 9.1 and clause 9.2 shall continue until the Tenancy comes to an end and the Tenant is released from the tenant covenants of this Agreement.
9.4 The liability of the Guarantor shall not be affected by:
a. any time or indulgence granted by the Landlord to the Tenant; or
b. any delay or forbearance by the Landlord in enforcing the payment of the Rent or the observance or performance of any of the tenant covenants of this Agreement or in making any demand in respect of them; or
c. the Landlord exercising any right or remedy against the Tenant for any failure to pay the Rent or to observe or perform the tenant covenants of this Agreement;
d. the Landlord taking any action or refraining from taking any action in connection with the Deposit;
e. the Tenant dying or becoming incapable of managing its affairs.
The Guarantor. The Guarantor may not assign or transfer all or part of its rights or obligations under this deed.
The Guarantor. In signing this document, the Guarantor guarantees all payments of rent, any other obligations under this Agreement, and any other payments due to the Landlord which the Tenant is required to pay under this Agreement, and liability continues in respect of any payment due but not paid even after the termination of this Agreement or any alteration to this Agreement. The Guarantor acknowledges that as a guarantor he/she has no rights to occupy the Let Property and confirms that he/she has made full and true disclosure of all information sought by the Landlord in connection with the granting of this tenancy. Additionally, he/she; • confirms that he/she has not knowingly or carelessly made any false or misleading statements (whether written or oral) which might affect the Landlord's decision to grant the tenancy; • confirms that he/she is jointly and severally liable for all costs payable by the Tenants in terms of this Agreement including but not limited to rent, household bills and any damage that is caused either deliberately or accidentally by the Tenant or their visitors; • agrees to pay on demand and in full any overdue rent or other monies lawfully due under this Agreement for the full term of the Agreement; • understands this document has legal consequences and that he/she has been advised to seek independent legal advice before signing it.