Unconditional Personal Guaranty
Required for applications for corporations and LLCs.
In consideration for the extension of credit to the above Customer, the undersigned guarantor(s) (“Guarantor”), jointly and severally if more than one, absolutely and unconditionally guarantee the full and timely payment of all amounts due or to become due by Customer to Ballard Truck Center, including interest and all costs of collection. This unconditional guaranty shall be binding upon the Guarantor and its heirs, executors, administrators, representatives, and assigns. Guarantor hereby waives notice of acceptance of this guaranty, notice of changes of the agreement or other terms between the Customer and Ballard Truck Center, notice of default and any other requirement or notice necessary to bind it hereunder.
Guarantor waives all defenses except the defense of payment.
Guarantor agrees to pay all costs of collection, including attorneys’ fees, incurred by Ballard Truck Center in connection with any dispute with Ballard Truck.
This guaranty shall be governed by the provisions hereof and the laws of Massachusetts. The Guarantor WAIVES THE RIGHT TO A TRIAL BY JURY in any action to enforce the terms of this agreement or in any dispute with Ballard Truck.