Banking
Miscellaneous
Terminating Future Obligations Under Continuing Guarantee | Terminating Future Obligations Under Continuing Guarantee |
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| Written by Business Letters Admin | |
| Monday, 03 March 2008 | |
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[DATE, ex. Wednesday, June 11, 1998]
[NAME, BANK AND ADDRESS, ex. Dear [NAME, ex. John Smith], We refer to the continuing Guarantee dated [DATE OF GUARANTEE, ex. January 15, 1996] given by us to you pursuant to which we guaranteed the ongoing obligations of [NAME OF OBLIGOR WHOSE INDEBTEDNESS WAS GUARANTEED, ex. ABC Corp.] Please accept this letter as formal notification to you that we are terminating all future obligations under the Guarantee effective [DATE OF TERMINATION OF OBLIGATIONS UNDER GUARANTEE, ex. September 30, 1998]. This termination notice is given to you in accordance with the terms and conditions of the Guarantee. Sincerely, [YOUR NAME, ex. Jill Jones] |
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