Common Contracts

1 similar Personal Guaranty contracts

PERSONAL GUARANTY
Personal Guaranty • June 11th, 2007

[insert address], including its subsidiaries and/or affiliated companies (hereafter“Reseller”), hereby personally and unconditionally guarantee and promise to pay Tech Data any obligations of Reseller to Tech Data and I hereby agree to bind myself to pay Tech Data on demand any sum which may become due to Tech Data by Reseller, whenever Reseller shall fail to pay the same. This Personal Guaranty guarantees all extensions of credit including, but not limited to, increases to the credit limit of the Reseller, and is not given in association with any one particular grant of credit or credit application. “Obligations” include but are not limited to all extensions of credit to Reseller, all transactions between Reseller and Tech Data, the invoiced cost of products and services sold to Reseller by Tech Data, and any other amounts, charges, expenses, interest, fees, costs owed by Reseller to Tech DataI will reimburse Tech Data for all expenses incurred by it in the collection, enforcement or

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