District of Columbia Authority of Signatory to Bind the Guarantor

State:
Multi-State
Control #:
US-OL4A024BA
Format:
Word; 
PDF
Instant download

Description

This office lease form states that a guaranty in which a corporate guarantor has the authority of the signatory to bind a corporation. This guaranty gives the guarantor full power, authority and legal right to execute and deliver this guaranty and that this guaranty constitutes the valid and binding obligation of the guarantor.

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FAQ

Disposition Agreement means a definitive written agreement providing for a transaction or series of transactions between the Company or its Affiliates and any Person who is not an Affiliate of the Company regarding a Disposition.

The Guarantor hereby fully and unconditionally guarantees to each Holder the due and punctual payment of the Guarantee Payments, as and to the extent applicable (without duplication of amounts theretofore paid by the Issuer) when and as the same shall become due and payable, ing to the terms of the Preferred ...

As Guarantor, I hereby agree to guarantee payment of all amounts due under the lease, or that may come due, and all other obligations of the Tenant for the entire duration of the lease attached hereto unless the tenant gives notice of termination within the guidelines of the lease; however, if the lease is renewed ...

The Guarantor hereby fully and unconditionally guarantees to each Holder the due and punctual payment of the Guarantee Payments, as and to the extent applicable (without duplication of amounts theretofore paid by the Issuer) when and as the same shall become due and payable, ing to the terms of the Preferred ...

(1) I hereby unconditionally guarantee, and become surety for, the full and timely performance by .............of each and every obligation of the charterer of every nature under said charter party, and in the event of any one or more defaults in performance by the charterer, I will promptly meet such obligation or ...

The guarantee clause provides that if the buyer defaults the guarantor will perform those obligations (and this will include the obligation to pay the purchase price to the seller). The guarantor also indemnifies the seller against any losses or liability incurred because of the buyer's default.

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District of Columbia Authority of Signatory to Bind the Guarantor