Model Format of Unconditional Guarantee Agreement

Model Format of Unconditional Guarantee Agreement

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Model Format of Unconditional Guarantee Agreement
Model Format of Unconditional Guarantee Agreement

________________, referred to as Guarantor, hereby guarantees the payment to ________________, referred to as to the Obligee of:

any and all obligations, regardless of the kind, or how the same arose, that may now exist or may accrue in the future, of ____________, regardless of the amount. THIS IS AN UNLIMITED CONTINUING GUARANTEE.

GENERAL TERMS

The Guarantor waives: diligence by ________________ in collection of any indebtedness or other obligation guaranteed herein; notice of nonpayment, protest, notice of protest or other such notice;

The Obligee may: grant renewals, extensions or modifications of the obligation or indebtedness; surrender or release any and all security or collateral; release co-guarantors if any; without affecting the Guarantors obligations herein….

Note: This is just the part of the agreement. To get it drafted completely by legal experts, kindly contact the expert team of Aapka Consultant by clicking here

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