LEASE GUARANTY AGREEMENTLease Guaranty Agreement • November 10th, 2020
Contract Type FiledNovember 10th, 2020In order to induce Landlord to enter into the Lease Contract with Resident, and for other good and valuable consideration, the receipt and adequacy of which is hereby acknowledged, each Guarantor (identified below) jointly and severally (solidarily for when governing law is Louisiana) with all other Guarantors, if any, identified, below, or as tenants by entirety if married (or as otherwise provided by applicable law), hereby guarantees the observance and performance when due of all agreements and obligations of Resident under the Lease Contract, as same may be amended, renewed or extended from time to time by Owner and Resident, including without limitation, payment of all Rent when due; provided, however, your obligations as guarantor will continue for all Lease terms and renewals, including automatic renewals, amendments, and modifications.