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Unconditional and Continuing Guaranty

Description: Agreement in which guarantor agrees to make payments to lender in the event of a default by borrower
Form Type: Contracts
Practice Area: Banking, Bankruptcy & Restructuring, Corporate & Securities

Date: Jul 2012
PLI Item #: 43760
Keywords: "unconditional guaranty"; "continuing guaranty"; "guarantor"; induce lender; condition precedent; obligation of Lender; extend credit; default by borrower; continuing lien; security interest; right of set-off as security; collateral security; waivers; suretyship waivers; subordination; subrogation; service of process
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