GUARANTEE
OF PERFORMANCE OF HIRE PURCHASE AGREEMENT
[CD1]
BY
THE HIRER
To
...........................................
In
consideration of your agreeing to deliver at my request to Shri
............................. (hereinafter called the hirer) under the terms of
hire purchase agreement proposed to be made between you, the goods mentioned in
the Schedule hereto annexed, I the undersigned ................. do hereby
guarantee the due payment by the hirer of each and every sum that become due
under the said hire-purchase agreement and the due performance by the hirer of
each and every term and condition of the said agreement and I agree and declare
that any extension of time or granting or indulgence to the hirer or making of
any composition with the hirer or the variation of the terms of the said
agreement or the waiver by you of any broach by the hirer of any terms of the said
agreement will not discharge, release or affect my liability under this
guarantee in any way.
The
Schedule referred to above
(Particulars
of the goods to be delivered to the hirer)
IN WITNESS WHEREOF, the
surety has hereunto set and subscribed his hands on this ................. day
of
..................
2000.
Signature
of the surety
WITNESSES;
1
2.
..
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