This is a legally binding guarantee; it should only be signed by a director / owner / partner / trustee of the organisation or a third party who is prepared to personally guarantee performance of the Customer’s obligations. Your signature confirms you have read and understood its nature and effect.
In consideration of Coomers Limited agreeing to supply goods and / or services and to grant a credit account to the Customer, I hereby unconditionally guarantee the due and punctual performance and discharge of all of the Customer’s obligations and, in particular, the due and punctual payment on demand of all sums now or subsequently payable to Coomers Limited by the Customer (whether under a Contract or otherwise), including any financial obligations arising from any increase in the Customer’s credit limit granted by Coomers Limited from time to time, and I agree to indemnify Coomers Limited, and keep it indemnified, against all losses it may incur through any failure by the Customer to perform or discharge such obligations. I acknowledge and accept that this guarantee and indemnity is a continuing guarantee and indemnity and shall remain in force until all the Customer’s obligations have been fully performed and discharged and, in particular, until all sums due and payable to the Coomers Limited have been paid (in cash or cleared funds) in full.