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Common use of Liability of Guarantor Clause in Contracts

Liability of Guarantor. If the Grantor has entered into this document to secure financial accommodation provided to some other person, the Grantor will be considered to be a principal debtor for the Secured Money.

Appears in 4 contracts

Sources: General Security Agreement (G Medical Innovations Holdings Ltd.), General Security Agreement (G Medical Innovations Holdings Ltd.), General Security Agreement (G Medical Innovations Holdings Ltd.)

Related Clauses

  • Liability of Guarantors Absolute
  • Limitation of Guarantor's Liability
  • Release of Guarantor
  • Discharge of Guaranty Upon Sale of Guarantor
  • Authority of Guarantors or Borrower

Parent Clauses

  • Dbe Program Oversight
  • Joint and Several Liability
  • DB Contractor is a
  • Miscellaneous Provisions
  • Guaranty

Sub-Clauses

  • Absolute and Unconditional Guaranty
  • Guaranty of Payment
  • Continuing Guaranty
  • Guarantor's liability
  • Liquidation
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