Examples of Term of Guarantee in a sentence
The Term of Guarantee hereunder shall be two years as from the effectiveness date of this Contract until the expiration date of the term for fulfilling the debt under the Master Contract.
In the event that the debt under the Master Contract is fulfilled on installments, then with respect to each debt, the Term of Guarantee shall be two years as from the expiration date of the term for fulfilling the last debt.
Provided that Party B announces to advance the maturity of the debt pursuant to the Master Contract, the Term of Guarantee shall last for the two years as from the date of the earlier maturity of the debt announced by Party B.
Where the term of the debt is extended, subject to the consent of Guarantor, the Term of Guarantee shall last for the two years as from the expiration date of the term for fulfilling the debt as stipulated in the extension agreement.
The Term of Guarantee hereunder shall be two years as from the expiration of the term as specified in Article 2 of this Contract.During the Term of Guarantee, Lender shall be entitled to require the Guarantor to undertake the guarantee liability, together or separately, for the whole or partial, several or single principal Lender’s right.
Term of Guarantee The term of guarantee shall start from the effective date of the guarantee agreement until six (6) months after the debt fulfillment period.
The Term of Guarantee hereunder shall be respectively calculated according to the single credit business that Party B handles for Borrower, namely, starting from the date on which the Master Contract for the single credit business is signed until the two years after the expiration date of the term for performing the obligations of Borrower under the said Master Contract.
Where Party B and Borrower reach an agreement regarding the extension of the term for Borrower’s performing the obligations under the Master Contract, the Term of Guarantee shall last for the two years as from the expiration date of the term for performing the obligations as stipulated in the extension agreement.
If Creditor and Debtor have reached an agreement to renew the term for repayment of debts, the Term of Guarantee shall be ended by two years after the expiry of the renewed term for repayment of debts.
THIS SAID, the parties decide to sign, in the terms of Clause 4.11.13.1 from the Deed of Issuance, the present Term of Guarantee Release: 1st Clause By this, the Fiduciary Agent releases, in this act, the Guarantee lent by VPAR, for all legal rights and purposes.