Credit Application Form - Western Equipment Page 3
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4PERSONAL GUARANTY
In consideration of credit heretofore or hereafter granted by Western Equipment
Limited, (“Creditor”) to _____________________________________ (“Debtor”), the
undersigned hereby unconditionally and personally guaranties to Creditor full payment
when due of any and all indebtedness of Debtor for (1) goods heretofore or hereafter sold or
consigned to, or work in progress identified for Debtor by Creditor and/or (2) services
herefore or hereinafter performed for Debtor by Creditor, together with any and all lawful
interest and service charges from date due and all expenses of collection, including any
credit amount extended above credit limits requested, and including court costs and
reasonable attorney’s fees.
This guaranty shall be directly enforceable against the undersigned without resorting
to any remedies against Debtor. This guaranty shall be a continuing guaranty and shall
remain in effect until undersigned gives written notice, by certified or registered mail, to
creditor to extend no further credit on the reliance and security of this guaranty. Such notice
shall be ineffective as to any obligation (billed or unbilled) existing at the time such notice is
received by Creditor. Any indulgences, renewals or extensions of any indebtedness
guaranteed hereby shall not release the undersigned as a guarantor hereunder.
Reference to the undersigned includes each and all of the undersigned and they
shall be jointly and conditionally severally liable hereunder. This guaranty shall be for the
benefit of the Creditor, its successors and assigns and shall be binding upon the
undersigned and their assigns, heirs, executors and other legal representatives.
Intending to be legally bound hereby, the undersigned have executed this guaranty
this _______ day of _________________________ 20_____, at ___________________,
______________________________, ________________________________________.
______________________________
_______________________________________
Guarantor Name
Address
______________________________
_______________________________________
Guarantor Signature – Personally
Address
______________________________
_______________________________________
Guarantor Name
Address
______________________________
_______________________________________
Guarantor Signature – Personally
Address
______________________________
_______________________________________
Witness Name
Address
______________________________
_______________________________________
Witness Signature
Address
P.O. BOX 340, CHATHAM, ONTARIO N7M 5K4
HEAD OFFICE :
97 ST. CLAIR STREET, CHATHAM, ONTARIO N7L 3J1 / PHONE (519) 352-0530 / TOLL FRE E PHONE 1-888-352-0530
CUSTOMER SERVICE FAX (519) 354-4220 OR TOLL FREE FAX 1-888-354-4220 / CORPORATE FAX (519) 352-0532
WINDSOR BRANCH : 3235 ELECTRICITY DRIVE, UNIT A, WINDSOR, ONTARIO N8W 5J1 / PHONE (519) 945-4520 / FAX (519) 945-5552
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