Determine Continuing Guarantee 250 Legal Draft Template
| Category | Notices |
| Format | Rich Text |
| File name | Determine continuing guarantee-250.rtf |
This is a sample legal draft for reference. Review and adapt it for your facts, and consult a qualified advocate before filing or execution.
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Determine continuing guarantee
To
………………..
Bank…………..
Sir/Gentlemen,
Mr……………………… residing at…………………… give you notice that the guarantee I had executed in your favour, on …………………. for payment by Sri ………………….. son of ……….……….., of all moneys which were due then or which might be due to you from said …………………, on the balance of the account, i.e., is hereby revoked.
Please take notice that if you make further advances to said………………, or grant further loan to said …………………., I shall have no obligation for the same touching the said guarantee which I revoke hereby.
Yours truly,