Corporate Guarantors means, collectively, each Person listed on Schedule IV hereto and each Person who, from time to time, is required to execute a Corporate Guaranty in accordance with Section 5.01(b) or Section 6.10; provided such Person's status as a Corporate Guarantor shall be …

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guarantor n. a person or entity that agrees to be responsible for another's debt or performance under a contract, if the other fails to pay or perform.

Guarantor. A third party who promises to provide payment on a bond, loan, or other liability in the event of default. While many guarantees apply to debt instruments, they may also be used for day-to-day expenses. For example, a parent may be a guarantor for an adult child and promise to pay rent to a rental agency if the adult child does not do it.

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(noun) What does guarantor mean? One, such as a person or corporation, that makes or gives a promise, assurance, or pledge typically relating to quality, Dictionary Guarantor. If lenders are concerned about your income, your credit history, or other risk factors when you apply for a loan, they may require a guarantor, or cosigner. The guarantor signs the loan with you and agrees to pay your debt if you default. What is a Guarantor and What does being a UK Rent Guarantor Mean? In more detail, a UK guarantor is someone who agrees be responsible for a loan you have taken out, therefore, a UK rent guarantor is someone who has agreed to cover your rent if you cannot pay it. In some cases, the rent guarantor also agrees to cover damages to the property.

Read more about the role of a guarantor in finance.

and influences our self-definition. Not surprisingly, attempts to regulate its price arouse intense controversy. Residential rent control is praised as a guarantor 

A guarantor is a legal term ( guarantor ) that obligates an individual to be responsible for another's debt or performance under a contract, if the other fails to pay or perform. In healthcare the guarantor is usually the patient, if they are an adult and considered competent to agree to be responsible for the bill.

Restaur, res-tawr′, n. the remedy which assurers have against each other, or a person has against his guarantor. CHAMBERS'S TWENTIETH CENTURY DICTIONARY (PART 3 OF 4: N-R) VARIOUS Thus, secondly, the guarantor must at the critical time be able to render the required assistance.

is common ground that a contract of guarantee is not a credit agreement within the meaning of Article l(2)(c). “Guarantor” means each Restricted Company which, at any point in time, is a party to the Guar- antee Agreement.

However, the concept is pretty straightforward. A guarantor acts as a guarantee that the rent gets paid during a situation when the tenant can't meet their financial commitment. guarantor.
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Guarantor meaning

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complete and sign the Declaration of Guarantor section of your application; write “I certify this to be a true likeness of (the applicant’s or child’s name)” on the back of one of your passport photos and sign it Definition of guarantor in the AudioEnglish.org Dictionary. Meaning of guarantor. What does guarantor mean?
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He who makes a guaranty. 2. The guarantor is bound to fulfill the engagement he has entered into, provided the principal debtor does not. A guarantor is a person who guarantees to pay a borrower's debt if they default on a loan obligation.


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What is a guarantor? The loan repayments are the student’s responsibility – they are our customer – but the guarantor will take on that responsibility if they’re unable to keep up the repayments. Loans can be taken out over 5 years and students can borrow between £2,000 and £40,000. A guarantor is usually a parent, sibling or close

However, the concept is pretty straightforward. A guarantor acts as a guarantee that the rent gets paid during a situation when the tenant can't meet their financial commitment. Definition of guarantor noun in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more. Definition and synonyms of guarantor from the online English dictionary from Macmillan Education.. This is the British English definition of guarantor.View American English definition of guarantor. Updated November 6, 2020: A guarantee agreement definition is common in real estate and financial transactions.

guarantor: One, such as a person or corporation, that makes or gives a promise, assurance, or pledge typically relating to quality, durability, or performance.

guarantor. 'gærən,tɔːr  HL7 GT1 - The GT1 segment contains guarantor (e.g., person with financial responsibility for payment of a patient account) data for patient and insurance billing  guarantor/ˌɡærənˈtɔː/. 1. N-COUNTA guarantor is a person who gives a guarantee or who is bound by one. eg: Someone thinking about acting as a guarantor  Dec 22, 2016 A lease guaranty is a separate contract under which a third party guarantor agrees to meet the obligations of the Tenant to the Landlord. Tags: guarantor meaning in tamil, guarantor ka matalab tamil me, tamil meaning of guarantor, guarantor meaning dictionary. guarantor in tamil.

Meaning and examples for 'guarantor' in Spanish-English dictionary. √ 100% FREE. √ Over 1,500,000 translations.