Personal Guarantor definition
Personal Guarantor means an individual who is the surety in a contract of guarantee to a corporate debtor;
Personal Guarantor means ▇▇▇▇▇▇ ▇▇▇▇▇▇▇.
Personal Guarantor means any of them.
Examples of Personal Guarantor in a sentence
The words "Guarantor" and "Personal Guarantor" mean the individual that provides a personal guaranty for this Loan as named above.
If any Loan Party or Personal Guarantor violates the foregoing covenant, Loan Parties and Personal Guarantor, jointly and severally, agree to pay, in addition to such other damages as any Releasee may sustain as a result of such violation, all attorneys’ fees and costs incurred by any Releasee as a result of such violation.
More Definitions of Personal Guarantor
Personal Guarantor means the person nominated by the Borrower and accepted by the Bank who will execute the Personal Guarantee.
Personal Guarantor means, in respect of an Applicant, any individual who has granted a personal guarantee to such Applicant in connection with such Applicant’s participation in a Scheme Facility.
Personal Guarantor has the meaning set forth in the preamble.
Personal Guarantor means such individual as may be agreed by the Banks in writing or (as the context may require) any substitute individual who issues a personal guarantee accepted by the Banks pursuant to clause 10.1.27;
Personal Guarantor means T. ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, an individual residing in Michigan and any Future Guarantor.
Personal Guarantor means the person nominated by the Borrower and accepted by the Bank who will execute the Personal Guarantee;
Personal Guarantor unconditionally guarantees the full and complete performance by Dealer of every obligation set forth in the Dealer Agreement. Personal Guarantor agrees that, upon Dealer’s default under the Dealer Agreement and Vantage’s demand, Personal Guarantor shall immediately pay any Dealer indebtedness due Vantage under the Agreement, including any interest on such indebtedness, Vantage’s costs and Vantage’s attorneys’ fees incurred in obtaining such payment. Personal Guarantor agrees that this guarantee shall be a continuing guarantee for the Dealer’s whole obligation to Vantage and shall remain in effect during the term of the Agreement and thereafter until Dealer’s obligation to Vantage has been satisfied. Personal Guarantor agrees that Vantage may, in its sole discretion, proceed against Personal Guarantor as though Personal Guarantor were Dealer under the Dealer Agreement. Personal Guarantor waives notice of acceptance of this Addendum, notice of the extension of credit or financial accommodation to Dealer, notice of the amount of indebtedness which may exist from time to time, notice of any extension of the time of payment, demand for payment, notice for payment, notice of non-payment, protest, notice of protest and all other notices of every kind and nature. Unless prohibited by applicable law, Personal Guarantor waives any right to require that an action be brought against Dealer or any other person or to require that resort be had to any security.