This office lease form is a guranty that absolutely, unconditionally and irrevocably guarantees the landlord the full and prompt performance and observance of all of the tenant's obligations under the lease, including, and without limitation, the full and prompt payment of all rent and additional rent payable by the tenant under the lease and tenant's indemnity obligations benefiting the landlord under the lease.
Missouri Joint and Several Guaranty of Performance and Obligations
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US-OL4A024C
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How to fill out Joint And Several Guaranty Of Performance And Obligations?
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FAQ
Missouri law stipulates that interest rates on debt may not exceed 9 percent without an agreement to a higher rate.
Under contract law, a breach occurs when a (1) party is under an absolute duty to perform, this (2) absolute duty of performance has not been discharged, and there is a (3) failure to perform in ance with the contract's terms.
Prejudgment Interest on Non-Tort Claims Missouri law provides that, in non-tort claims, prejudgment interest shall, unless the parties agreed to a different rate, accrue at the statutory rate of interest, which is currently 9% per annum, ?for all moneys after they become due and payable?.
In all non-tort Missouri cases, post judgment interest shall be allowed on the judgment at the rate of nine percent per year. A judgment on a contract shall bear a greater rate of interest as provided by the contract.
Missouri is a pure comparative negligence state, while it recognizes the legal doctrine of "comparative negligence." Under this doctrine, a plaintiff who is partially responsible for their own injuries may only collect damages in proportion to the defendant's degree of fault.
In law, joint and several liability makes all parties in a lawsuit responsible for damages up to the entire amount awarded. That is, if one party is unable to pay, then the others named must pay more than their share until their joint financial obligation has been met.
In Missouri law, negligent entrustment is also known as the theory of ?vicarious liability.? The theory states that if you have permitted another person to operate your vehicle and that person is responsible for a car accident, you may be deemed liable for providing the victims with compensation for the damages ...
Missouri law provides that, in non-tort claims, prejudgment interest shall, unless the parties agreed to a different rate, accrue at the statutory rate of interest, which is currently 9% per annum, ?for all moneys after they become due and payable?.