Common Contracts

1 similar Parental or Sponsor Guaranty contracts

PARENTAL OR SPONSOR GUARANTY
Parental or Sponsor Guaranty • February 25th, 2014

In consideration for, and as an inducement to us in making the Lease with the Resident(s) named below, and for other good and valuable consideration, the receipt and sufficiency of which you understand, Guarantor guarantees absolutely and unconditionally to us the full performance and observance of all the agreements and conditions of the Lease, and of any amended, revised, or continued lease, to be performed and observed by you, including, but not limited to, the payment of Rent and other amounts payable by you to us, and expressly waives demand, notice of protest, and notice of any changes, renewals, modifications, or default by you. Guarantor waives each and every notice to which Guarantor might be entitled to under the Lease, or otherwise, including, without limitation, notice of any breach or default by you. This guaranty of payment and not of collection and Guarantor’s liability is primary and not secondary. This guaranty shall apply to the term granted by the Lease, and extensio

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