LA 683 Comprehensive Guaranty By Corporate Parent Of Subsidiary Tenant For New Lease
This lease guaranty (or lease guarantee) is designed for a corporate parent to guarantee the lease of a corporate subsidiary entering into a new lease, in this case a lease arising from the sale leaseback of a manufacturing plant.
It would be suitable for any landlord desiring a thorough guaranty for a lease with representations and warranties from the corporate guarantor, covenants to keep and produce financial statements and books and records, and a comprehensive default clause giving the landlord latitude in deciding how to proceed against the guarantor and the tenant in the event of default.
THIS PRODUCT IS ALSO PART OF DISCOUNT POWER PACK 23: SALE LEASEBACK OF MANUFACTURING PLANT WHICH CONTAINS COMPANION DOCUMENTS AT A SUBSTANTIAL DISCOUNT
Number of Single Spaced Pages: 16
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