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Ontario Guarantee and Postponement of Claim
Give a personal guarantee to repay the debts of a corporate borrower with this Guarantee and Postponement of Claim for the Province of Ontario.
The Guarantee would be given by a principal of a corporate borrower (such as a director, shareholder, sole proprietor), to guarantee repayment of the borrower's indebtedness to the lender, if the borrower defaults in payment. The guarantor also agrees that any debts owed by the borrower to the guarantor will be postponed to the debts owed to the lender, and the lender's claims would take priority. This Ontario Guarantee and Postponement of Claim form is available in MSWord format, and is fully editable to meet your particular needs. Download: Ontario Guarantee and Postponement of Claim Related Forms:
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www.USLawVideos.com (14-Apr-2018) E.&O.E. |