Guarantee to Pay for Goods Supplied

Updated at:March 2010
 
FREE EXCERPT

To

Chirag Desai and Co. of, etc. (creditors)

In consideration of your having had recently agreed at my request and on my assurance to keep and maintain regular supply to Vishwas Prabhu, of, etc. (principal debtor), with articles of trade such as.............., etc., up to the value of Rs................ on credit, I, the undersignedAnil Kumarof, etc. (surety) do hereby promise and agree to remain liable for and guarantee payment of the sum as may be due and payable as the balance of amount to you by the said Vishwas Prabhu on demand. This guarantee shall not be construed as a continuing guarantee and shall not extend as against me to supply of any goods in excess of the...

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