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The difficulty is that the agreement must allow such an action. In any event a guarantor can only be liable for what was reasonably contemplated at the time of signature and contract
The guarantor would argue that he did not intend to be bound for other tenants, only this tenant.
That is where I think you would have difficulty.
Can I clarify anything for you about this today please?
It has now been possible to secure the present guarantor to guarantee the outgoing tenants obligations under an AGA he 0pbligft
It has now been possible to persuade the guarantor to guarantee the outgoing tenants obligations. To guarantee the Assigees obligations (new Tenant) presumably this cannot be done under an AGA but a separate guarantee taken out between the Landlord and separate Assignee Guarantor to guarantee the Assignees obligations
That is correct.
Can I clarify anything else?
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