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| GUARANTEE In consideration of ____________________________________ ("the Creditor") accepting the payment promise of ________________________ ("the Debtor") the undersigned _____________________________________ ("the Guarantee") hereby unconditionally guarantees the Creditor prompt and full payment of all amounts which are now or may become owing by the Debtor to the Creditor. The obligation of the Guarantor under this guarantee is limited to a maximum amount of _________________________ dollars ($ ___________________). The guarantee is intended to operate notwithstanding any renewals, extentions, or __________________________________________________________________ __________________________________________________________________ and the Creditor may call upon the guarantee as a first principal obligation without previously demanding payment from the debtor or any ______________ realizing any Security. This guarntee is also intended to operate as a continuing, absolute obligation and shall remain in force until revoked by notice in writing from the Guarantor to the Creditor, which revocation shall not affect the guarantee of prompt and full payment of any amount owed by the Debtor to the Creditor as of the date of actual receipt of notice of revocation by the Creditor. If more than one person executes this guarantee, their obligation under this guarantee is joint and several. Given under seal on ___________________________. Signed sealed and delivered ) in the presence of: __________________________________ _________________________ s __________________________________ _________________________ s |
| actual agreement not shown here (example of writen text only) |
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| Credit and Debit Agreements |
| Please note this is not the actual form in its full veiw. It is presented for sample purposes only. |
| All forms and agreements in this series come with an explanation on how to correctly fill out the form and how to execute the document |
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