Fillable Credit Application Form (Page 4 of 4) in pdf

Personal Guaranty

Applicant Company Information:

OFFICE USE ONLY

Company Name (“Applicant”)_________________________________________________

DATE______________________

Billing Address________________________________________________________

APPV’D BY__________________

City_________________________________State_____________Zip Code_______

CREDIT LIMIT $______________

SALESPERSON______________

Phone (

)_________________________Fax (

)________________________

Classification: R

E-mail______________________________________________________________

In connection with, and in consideration for, Jobsite Supply extending credit to Applicant and/or modifying the terms of payment(s) due

there from, and for other good and valuable consideration, the receipt of which is hereby acknowledged, the undersigned (hereinafter

the “Guarantor(s)”), jointly and severally, individually and personally guarantee the full and prompt payment or performance when due

of all obligations and liabilities of Applicant to Jobsite Supply arising from the above credit application, including all present and future

indebtedness, direct or indirect, joint or several, absolute or contingent, plus all costs of collection, interest or service charges and

attorney's fees and expenses (hereinafter referred to collectively as the "Obligations"). It is understood that this guaranty shall be an

absolute, continuing and irrevocable guaranty for all such indebtedness and Obligations of the Applicant. No act or thing, except full

payment and discharge of all indebtedness and Obligations due from the Applicant to Jobsite Supply, shall in any way exonerate the

Guarantor(s) or modify, reduce, limit, or release the liability of the Guarantor(s) hereunder.

Guarantor(s) waive acceptance of this guaranty and further waive all notices and demands of any kind, including, but not limited to, all

demands of payments and notices of default, nonpayment, presentment, protest and dishonor of any of the Obligations by the

Applicant. The liability of the Guarantor(s) shall not be affected or impaired by any of the acts or things which Jobsite Supply is

authorized to do, omit, or suffer from time to time, all without notice to or approval by the Guarantor(s). The Guarantor(s) further

consent, without prior notice, to any subsequent extensions of credit, immaterial or material alterations to the credit terms and

amendments or changes of the terms of the agreement(s) between Applicant and Jobsite Supply. Guarantor(s) understand and

specifically agree that Jobsite Supply is not required to pursue the Applicant, any collateral or other obliged parties before enforcing this

guaranty against any or all of the Guarantor(s).

This guaranty is a continuing guaranty of payment, and shall inure to the benefit of Jobsite Supply, its successors, and assigns, from

the date hereon, and shall remain in full force and effect until the Obligations are paid in full. No delay on the part of Jobsite Supply in

exercising any of its options, powers or rights, or partial or single exercise thereof, shall constitute a waiver hereof. All of Jobsite

Supply's rights are cumulative and not alternative. Whenever possible, each provision of this guaranty shall be interpreted in such a

manner as to be effective and valid under applicable law, but if any provision of this guaranty shall be prohibited by or invalid under

applicable law, such provision shall be ineffective only to the extent of such prohibition without invalidating the remainder of the

provision or the remaining portions of this guaranty

This guaranty is governed by the laws of the State of Indiana. If legal action becomes necessary, exclusive jurisdiction and preferred

venue shall be in the State Courts of Indiana located in Indianapolis, Marion County, or at the election and sole discretion of Jobsite

Supply, any Court which otherwise has jurisdiction over the subject matter of the dispute. Guarantor(s) waive any defense based upon

jurisdiction or venue therein, and waive trial by jury.

GUARANTOR:__________________________________________________________ SS#:_________________________________

PRINTED NAME:________________________________________________________ DATE:________________________________

CO-GUARANTOR:______________________________________________________ SS#:__________________________________

PRINTED NAME:_______________________________________________________ DATE:_________________________________

RELATIONSHIP TO GUARANTOR:_______________________________________________________________________________

WITNESS:____________________________________________________________ DATE:_________________________________

PRINTED NAME:_____________________________________________________________________________________________

Credit Application Form Page 4

Related Articles

Related forms

Related Categories