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Nt between Merchant, the Bank as named in the merchant service agreement and Member (the Agreement ), including, but not limited to, all monetary obligations arising out of Merchant s performance or non-performance under the Agreement, whether arising before or after termination of the Agreement. This guaranty shall not be discharged or otherwise affected by any waiver, indulgence, compromise, settlement, extension of credit, or variation of terms of the Agreement. We hereby waive any not.

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A downstream guarantee can be undertaken in order to help a subsidiary company obtain debt financing that it otherwise would be unable to obtain, or to obtain funds at interest rates that would be lower than it could obtain without the guarantee from its parent company.

A corporate guarantee is a contract between a corporate entity or individual and a debtor. In this contract, the guarantor agrees to take responsibility for the debtor's obligations, such as repaying a debt.

A personal guarantee is when an individual business owner promises to repay the balance of a loan, even if the business later defaults.

A corporate guarantee is also written as a "guaranty" or "corporate guaranty." This guarantee benefits the debtor and the lender. For the lender, the loan is more secure since the guarantor assures that the money will be repaid.

COMPOSITE GUARANTEE means a guarantee agreement to be entered into by each Charging Subsidiary guaranteeing the obligations of the Company and each Charging Subsidiary under the Finance Documents.

Intercompany Guarantee . Guarantee Obligations of the Borrower or any of its Subsidiaries which, in the case of the Borrower, are owing to any Wholly-Owned Subsidiary and which, in the case of any Subsidiary of the Borrower, are owing to the Borrower or any of its Wholly-Owned Subsidiaries.

A personal guaranty is unenforceable without adequate consideration. In fact, no contract is enforceable without adequate consideration. A personal guaranty is a type of contract. A contract is an enforceable promise.

A cross guarantee refers to an arrangement between two or more related companies to provide a guarantee to each other's obligations. Such a guarantee is commonly made among companies trading under the same group or between a parent company and its subsidiaries.

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Keywords relevant to Meramak Cross Corporate Guarantee

  • indulgence
  • waiver
  • MONETARY
  • merchants
  • prompt
  • variation
  • Termination
  • waive
  • Typed
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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232