"Guarantors" Example Sentences
1. The bank requires two guarantors for the loan.
2. Without sufficient guarantors, the business plan will not be approved.
3. The agreement was signed by both guarantors.
4. The guarantors are responsible for paying the debt if the borrower defaults.
5. The contract specifies the rights and responsibilities of the guarantors.
6. The guarantors must have good credit scores to qualify.
7. The lender may require guarantors if the borrower is considered high-risk.
8. The program requires three guarantors to participate.
9. The guarantors are required to sign a legal document.
10. The bank rejected the application due to lack of qualified guarantors.
11. The guarantors are legally obligated to fulfill their role.
12. The lender may contact the guarantors if the borrower fails to make payments.
13. The guarantors must be willing to take on the financial risk.
14. The contract outlines the procedures for replacing guarantors.
15. The guarantors provide reassurance and financial backing for the lender.
16. The bank requires guarantors on all personal loans.
17. The guarantors must have a stable income and employment history.
18. The guarantors can be held responsible for the full amount of the debt.
19. The contract specifies the circumstances under which the guarantors can be released from their duties.
20. The guarantors were hesitant to sign the contract without legal advice.
21. The lender may require additional guarantors if the loan amount is large.
22. The guarantors must undergo a credit check before being approved.
23. The program requires guarantors to have a certain level of net worth.
24. The guarantors may be required to submit financial documents to the lender.
25. The bank offers incentives for qualified guarantors.
26. The contract includes a clause allowing the lender to pursue legal action against the guarantors.
27. The guarantors are required to read and understand the terms of the loan.
28. The lender may require guarantors with experience in the borrower's industry.
29. The guarantors may be asked to provide collateral to secure the loan.
30. The program allows for guarantors to be added or removed with proper documentation.
Common Phases
1. The tenant's lease agreement required one or two
guarantors;
2. The bank requested two
guarantors for the loan application;
3. The landlord asked for
guarantors to ensure rental payments would be made on time;
4. The court ordered the defendant to provide a guarantor for bail;
5. The university required international students to have
guarantors who would cover tuition fees and living expenses.