Contract of SuretyshipContract of Suretyship • March 2nd, 2020
This Contract has been agreed in TALLINN on ... / ... / 202... by and between the seller and the surety, represented on the basis of law/power of attorney by (Enno Rahuoja) and on the other side by (hereinafter the Surety), who are hereinafter referred to in this Contract as a Party or jointly as the Parties
Contract of SuretyshipContract of Suretyship • September 12th, 2007 • Orsus Xelent Technologies Inc • Services-business services, nec
For the purpose of assuring the implementation of Loan Contract (hereinafter referred to as principal contract,) No. (026) (Jie) zi (2007) signed by the debtor of the principal contract CECT-CHINACOMM COMMUNICATIONS Co.,Ltd. and Party A on June 20th, 2007, Party B hereby desires to provide suretyship for the debtor of principal contract.
ContractContract of Suretyship • May 11th, 2011
Sec. 175. A contract of suretyship is an agreement whereby a party called the surety guarantees the performance by another party called the principal or obligor of an obligation or undertaking in favor of a third party called the obligee. It includes official recognizances, stipulations, bonds or undertakings issued by any company by virtue of and under the provisions of Act No. 536, as amended by Act No. 2206.
CONTRACT OF SURETYSHIPContract of Suretyship • March 25th, 2014
CONTRACT OF SURETYSHIP. Contract whereby one party engages to be answerable for debt of another. A lending of credit to aid a principal having insufficient credit of his own; the one expected to pay, having the primary obligation, being the “principal,” and the one bound to pay, if the principal does not, being the “surety.” A surety is an original promisor and debtor from the beginning, and is held ordinarily to every known default of his principal.
