Common use of Type of Guarantee Clause in Contracts

Type of Guarantee. The guarantee under this agreement shall be guarantee with joint and several liabilities. When there are no less than two Guarantors, the Guarantors shall bear joint and several liabilities to the Creditor.

Appears in 2 contracts

Sources: Guarantee Agreement (Birch Branch Inc), Guarantee Agreement (Birch Branch Inc)

Type of Guarantee. The guarantee under this agreement shall be guarantee suretyship with joint and several liabilities. When there are no less than two or more Guarantors, the Guarantors shall bear joint and several liabilities to the Creditor.

Appears in 1 contract

Sources: Maximum Amount Guarantee Agreement (Birch Branch Inc)