Common use of Terminating Further Liability Clause in Contracts

Terminating Further Liability. I may discontinue any further liability to pay the Borrower's Debt by written notice to Libro. I will, however, continue to be liable under this Guarantee for any of the Borrower's Debt that the Borrower incurs up to and including the 30th day after Libro receives my notice.

Appears in 2 contracts

Sources: Guarantee Agreement, Guarantee Agreement