IN CONSIDERATION, of any extension of credit whether heretofore or hereafter made by I.D. Booth, Inc., 620 William Street, Elmira, NY, hereinafter referred to as the Company, to
(Legal Corporate Name)
(Legal Corporate Address)
hereinafter referred to as Purchaser the undersigned hereby guarantees the full complete and prompt payment of the Company of any and all indebtness of the Purchaser to the Company, whether now existing or hereafter incurred, to the extend of such indebtness and the unpaid accrued interest thereon.
The undersigned executes this Guarantee to induce the Company to extend credit or to extend additional credit to Purchaser to purchase plumbing and heating supplies and materials and supplies of all kind from the Company.
This is a continuing guarantee and shall remain in full force and effect until revoked by the undersigned in writing, delivered personally or sent by certified or registered mail to the Company at its address herein before set forth. However, such revocation shall be effective only as to claims of the Company which arise out of transactions entered into after its receipt of such notice of revocation, delivered as aforesaid.
No modification or amendment of any provision of this guarantee shall be effective unless in writing and signed by the undersigned and an officer of the Company.
The failure of any other person to sign this guarantee shall not release or effect the obligations or liability of the undersigned, if more than one party executes this Guarantee, the obligations of the undersigned thereunder shall be joint and several and the terms "undersigned" shall include each as well as all of them.
The undersigned hereby acknowledges that this is a personal guaranty pledging the individual assets of the undersigned for the payment of the obligation incurred by the purchaser (Corporation).
This guaranty and the transactions evidenced thereby shall be construed under the laws of the State of New York.
IN WITNESS WHEREOF, this guaranty has been signed by the undersigned at____________________ (city and state), on this_____ day of _________________ 20_____.
Signature of Guarantors:
Home Address:
The above Guarantors and each of them, executed this Guaranty in my presence.