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USA Unconditional Guarantee
USA lenders, ensure repayment of a loan to a corporation by obtaining an Unconditional Guarantee from the principals of the borrower.
- This form sets out the guarantor's obligation to repay the loan in the event that the borrower defaults under the promissory note securing the loan.
- The guarantor waives all of his/her rights with respect to notices of default or demand, and any rights regarding redemption or disposition of collateral.
- The guarantor must preserve the collateral pledged under the guarantee.
- The guarantor agrees to pay all of lender's costs to enforce the guarantee.
- Buy the form once, and use it as often as you like.
Download: USA Unconditional Guarantee
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