Guarantee and Indemnity means this full document entitled “Guarantee and Indemnity”; and

Guarantee and Indemnity means the guarantee and indemnity in favour of the Company annexed to any relevant credit application between You and the Company.

Examples of Guarantee and Indemnity in a sentence

If, at any time, any provision of this Guarantee and Indemnity is or becomes illegal, invalid or unenforceable in any respect under any law of any jurisdiction, neither the legality, validity or enforceability of the remaining provisions nor the legality, validity or enforceability of such provision under the law of any other jurisdiction will in any way be affected or impaired.
The rights and remedies provided in this Guarantee and Indemnity are cumulative and not exclusive of any rights or remedies provided by law.
In the event that the Purchaser is a corporate entity then the Director/s signing on behalf of the Corporate Purchaser shall execute the Contract and shall warrant that same is done lawfully in accordance with the Articles of Association of the Purchaser Company and further shall cause either the Sole Director or at least two Directors of the Purchaser Company to execute the form of Guarantee and Indemnity annexed hereto.
This Guarantee and Indemnity may be executed in any number of counterparts, and this has the same effect as if the signatures on the counterparts were on a single copy of this Guarantee and Indemnity.
In the event XMUM deems necessary, the Tenderer shall procure a guarantor to undertake to provide a Letter of Guarantee and Indemnity in the form and substance as specified by XMUM in the Agreement to ensure the observance of the Tenderer of all the terms and conditions contained in the Agreement.

More Definitions of Guarantee and Indemnity

Guarantee and Indemnity means the guarantee and indemnity dated 7 December 2011 between the Guarantors and the Security Trustee.

Guarantee and Indemnity means each of guarantee and indemnity given by the Guarantor in the Personal/Directors Guarantee and Indemnity Form and in clause 23 of these terms and conditions.

Guarantee and Indemnity means, in respect of a particular agreement or agreements, a full and unconditional guarantee and indemnity in favour of the City of all obligations and liabilities of the parties (other than the City) to such agreement(s), which guarantee and indemnity will contain an ongoing covenant from the guarantor and indemnifier to continue to satisfy the Applicable Net Worth Criteria and will provide that all Persons comprising the guarantor and indemnifier thereunder are jointly and severally liable for all obligations of the guarantor and indemnifier thereunder; provided that such guarantee and indemnity will expressly provide that it will be in effect only during such time(s), if any, that the HUPEG Entity that is a party to the underlying agreement(s) does not itself satisfy the Applicable Net Worth Criteria;

Guarantee and Indemnity has the meaning given to it pursuant to clause 8 of this Agreement.

Guarantee and Indemnity means the guarantee and indemnity in clause 24;

Guarantee and Indemnity means any guarantee or indemnity given to the Owner for the due performance by the Renter of its obligations under this Rental Agreement and includes any guarantee incorporating the provisions of clause 20 of this Rental Agreement.

Guarantee and Indemnity means a Deed of Guarantee and Indemnity dated September 26, 1996 (unconditional) granted by Case Credit in favour of the Bank in respect of the obligations of Case Credit Australia.