INDIVIDUAL PERSONAL GUARANTEE
DATE:
____________19____
I,
_______________________________________________RESIDING AT
(HOME ADDRESS)
___________________________________________
FOR AND IN
CONSIDERATION OF YOUR EXTENDING CREDIT AT MY REQUEST TO
___________________________________________ (COMPANY NAME)
HEREIN AFTER
REFERRED TO AS THE “COMPANY” OF WHICH
I AM _____________________________________________(TITLE), HEREBY
Personally
guarantee to Tigullio/National Watersports, any obligation or indebtedness of the
company and I hereby agree to bind myself to pay Tigullio/National Watersports
on demand, any sum or sums of money
which may become due to Tigullio/National Watersports, by the company whenever the company shall
fail to pay the same.
It is
understood that this guarantee shall be a continuing and irrevocable
guarantee and indemnity for such indebtedness of the company. I do hereby waive notice of default, non-payment and notice thereof and consent
to any modification or renewal of the credit agreement hereby guaranteed.
If it becomes
necessary to enforce this guarantee by suit,
I agree to pay interest and attorney fees as allowed by law.
Signature_________________________________________________
Witness
___________________________________________________
Address
___________________________________________________