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Continuing Guaranty of Payment and Performance of all Obligations and
Liabilities Due to Lessor from Lessee under Lease
Guaranty made ______________________________________ (date) , by
__________________________________________________________ (Name of
Guarantor) , of ___________________________________________________________
________________________________________________________________________
___________________________________ (street address, city, county, state, zip code) ,
hereinafter called Guarantor, to _____________________________________________
( Name of Obligee) , of _____________________________________________________
________________________________________________________________________
___________________________________ (street address, city, county, state, zip code).
1. Statement of Guaranty
In consideration of _________________________________________________
(Name of Lessor), hereinafter called Lessor, executing and entering into a Lease or other
obligation with ____________________________________________________ (Name
of Lessee) , hereinafter called Lessee, the undersigned Guarantor irrevocably and
unconditionally guarantees payment when due, whether by acceleration or otherwise, of
the Lease, and all leases now or later entered into with Lessee and all the obligations and
liabilities due and to become due to Lessor from Lessee under any lease, note, or other
obligation of Lessee to Lessor, together with all interest on the same and all attorney fees,
costs, and expenses of collection incurred by the Lessor in enforcing any such obligations
and liabilities.
2. Acknowledgment of Assignment of Lease
The undersigned Guarantor acknowledges the intended assignment of the Lease
and consents to such assignment and specifically agrees that this Guaranty is and shall be
an open and continuing guaranty and all obligations and liabilities to which it applies or
may apply shall be conclusively presumed to have been created in reliance on this
Guaranty and shall continue in full force and effect, notwithstanding any (a) change in
rentals or other obligations under the Lease, or (b) renewals, modifications, additions, or
extensions to the Lease or extensions of time to perform any of the obligations under the
Lease. The undersigned Guarantor specifically waives notice of assignment by the
Lessor and waives notices of any such changes, renewals, modifications, additions,
extensions, or of any default by the Lessee. The undersigned Guarantor further agrees
and consents to any assignment of this Guaranty, in which event it shall inure to the
benefit of any such assignee with the same force and effect as though the assignee was
specifically named in this Guaranty, and waives any notice of any such assignment.
3. Effect of Invalidity
No invalidity, irregularity, or unenforceability of all or any part of the obligations
and liabilities guaranteed by this Guaranty or of any security for the same shall affect,
impair, or be a defense to this Guaranty. This Guaranty is a primary obligation of the
undersigned Guarantor.
4. Governing Law
This Guaranty shall be deemed to have been made in the State of
_______________________________________________, and shall be interpreted in
accordance with the laws of that State.
WITNESS my signature this the _____ day of ____________________________,
20____.
____________________________________
(Signature of Guarantor)
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FAQs
Here is a list of the most common customer questions. If you can’t find an answer to your question, please don’t hesitate to reach out to us.
A Continuing Guaranty is a legal agreement that ensures a guarantor will cover a debtor's obligations in case of default. With airSlate SignNow, you can easily create, send, and eSign Continuing Guaranty documents, streamlining the process and ensuring compliance with legal standards.
airSlate SignNow simplifies the management of Continuing Guaranty agreements by providing a user-friendly platform for document creation and electronic signatures. You can track changes, store documents securely, and ensure that all parties have access to the latest versions of their agreements.
Yes, airSlate SignNow offers various pricing plans that cater to different business needs, including those that require the creation of Continuing Guaranty agreements. Our cost-effective solutions ensure that you get the best value for your investment in eSigning and document management.
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Using airSlate SignNow for Continuing Guaranty agreements provides numerous benefits, including reduced turnaround time, enhanced security, and improved accessibility. By leveraging our platform, you can streamline your documentation process and reduce the risk of errors.
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The best way to complete and sign your continuing guaranty 497329626 form
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