Principal Obligations. The obligations of the Guarantor under this Guarantee and Indemnity are principal obligations imposed upon the Guarantor as principal debtor, and we have the right to make a claim or demand against the Guarantor pursuant to this Guarantee and Indemnity without having first taken any proceedings against the Renter or any other person.
Appears in 2 contracts
Sources: Equipment Rental Agreement, Equipment Rental Agreement
Principal Obligations. The obligations of the Guarantor under this Guarantee and Indemnity are principal obligations imposed upon the Guarantor as principal debtor, and we We have the right to make a claim or demand against the Guarantor pursuant to this Guarantee and Indemnity without having first taken any proceedings against the Renter Customer or any other person.
Appears in 1 contract
Sources: Standard Terms & Conditions