Common Contracts

2 similar Full Recourse Guarantee contracts

WHEREAS:
Full Recourse Guarantee • July 26th, 2021

NOW THEREFORE in consideration of the Lender making loans, accommodations, advances or other extensions of credit to the Borrower, and in consideration of the premises and the covenants and agreements herein contained, and for other good and valuable consideration (the receipt and sufficiency of which are hereby acknowledged by the Guarantor), the Guarantor and each of them (if more than one) hereby jointly and severally agrees with the Lender as follows:

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FULL RECOURSE GUARANTEE
Full Recourse Guarantee • September 19th, 2020

Tangerine Bank (the “Lender”) has agreed to or is about to advance or has advanced to _________________________ (the “Borrower”) a loan or loans of up to the principal amount of ____________________________________ Dollars ($_____________) (the “Principal Amount”), the Principal Amount together with other amounts being secured by a mortgage dated ____________________ made by the Borrower in favour of the Lender (the “Mortgage”);

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