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Personal Guarantee

We, the said company Directors/Partners/Sole Trader in consideration of the creditor granting credit to:

Hereby jointly and severally guarantee to the creditor the due payment of all debts to be paid by the said company and it is agreed that this guarantee shall be a continuing guarantee and shall not be in any way waived or affected by any time or indulgence granted by the creditor to the said company.

We acknowledge having read and understood and agree to the attached terms and conditions of sale and the terms applicable to the guarantee, which apply to us and to all transactions between the creditor and the applicant.