Part Payment. any part payment, observance or performance by the Borrower of any of the Borrower’s Obligations and Liabilities or other circumstance which operates to toll any statute of limitations or law of prescription as to the Borrower will operate to toll such statute of limitations or law of prescription as to the Guarantor; and
Appears in 2 contracts
Sources: Guarantee, Indemnity and Postponement of Claims, Guarantee, Indemnity and Postponement of Claims