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Guarantee Of Performance Of Hire Purchase Agreement Legal Draft Template

Category Agreements Hire Purchases
Format
File name Guarantee of Performance of Hire Purchase Agreement

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by The HirerTo.................................................................................................................................In consideration of

your agreeing to deliver at my request to Shri .............................

(hereinafter called the hirer) under the terms of hire purchase agreement

proposed to be made between you, the goods mentioned in the Schedule hereto

annexed, I the undersigned ................. do hereby guarantee the due

payment by the hirer of each and every sum that become due under the said

hire-purchase agreement and the due performance by the hirer of each and every

term and condition of the said agreement and I agree and declare that any

extension of time or granting or indulgence to the hirer or making of any

composition with the hirer or the variation of the terms of the said agreement

or the waiver by you of any broach by the hirer of any terms of the said

agreement will not discharge, release or affect my liability under this

guarantee in any way.The Schedule referred

to above(Particulars of the

goods to be delivered to the hirer)IN WITNESS WHEREOF,

the surety has hereunto set and subscribed his hands on this .................

day of .................. 2000.Signature of the

suretyWITNESSES;12. ..

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