Portland Oregon Continuing and Unconditional Guaranty of Business Indebtedness Including an Indemnity Agreement

State:
Multi-State
City:
Portland
Control #:
US-01119BG
Format:
Word; 
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Description

A guaranty is an undertaking on the part of one person (the guarantor) which binds the guarantor to performing the obligation of the debtor or obligor in the event of default by the debtor or obligor. The contract of guaranty may be absolute or it may be conditional. An absolute or unconditional guaranty is a contract by which the guarantor has promised that if the debtor does not perform the obligation or obligations, the guarantor will perform some act (such as the payment of money) to or for the benefit of the creditor.


A guaranty may be either continuing or restricted. The contract is restricted if it is limited to the guaranty of a single transaction or to a limited number of specific transactions and is not effective as to transactions other than those guaranteed. The contract is continuing if it contemplates a future course of dealing during an indefinite period, or if it is intended to cover a series of transactions or a succession of credits, or if its purpose is to give to the principal debtor a standing credit to be used by him or her from time to time.

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FAQ

PORTLAND, Ore. (KOIN) ? If you're a single Portland resident making less than $52.90 per hour, you're not living comfortably, ing to a 2024 study published by the financial tech company SmartAsset. That hourly pay equates to $110,032 per year.

Portland, city, seat (1854) of Multnomah county, northwestern Oregon, U.S. The state's largest city, it lies just south of Vancouver, Washington, on the Willamette River near its confluence with the Columbia River, about 100 miles (160 km) by river from the Pacific Ocean.

Portland, Oregon's cost of living is 24% higher than the national average.

Enjoy a High Quality of Life Despite high real estate prices, residents still enjoy an excellent quality of life in Portland. You can take advantage of Portland's tax-free shopping when visiting all your favorite stores, and the city as a whole is committed to green energy and sustainability.

Oregon Portland / State

Portland is perhaps best known for being a sustainability-minded, bike-friendly city with easy access to nature; plentiful coffee, art, craft beer, delicious food and live music; and crafty people who celebrate individuality and creativity (which, yes, some people call ?weird?).

Known for its eclectic and vibrant culture, Portland offers a unique blend of urban attractions and natural beauty. From the iconic Powell's City of Books to the breathtaking International Rose Test Garden, the city is a haven for book lovers and nature enthusiasts.

Portland scored 7.4 on the magazine's 10-point scale for quality of life. The city came in just below San Jose, Calif., which also received a score of 7.4 but ranked No. 4, and above Boston, which scored 7.3 and was No. 6.

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Portland Oregon Continuing and Unconditional Guaranty of Business Indebtedness Including an Indemnity Agreement