25 25 II. Enforcement and Defense of Guaranties ï§ âBad Boyâ Guaranty ï§ Many non-recourse guaranties will include provisions that carve-out instances where the guarantor may be personally liable upon the occurrence of certain enumerated bad acts. This type of guaranty is referred to as a âbad boyâ guaranty.5 25 II. Enforcement and Defense of Guaranties ï§ âBad Boyâ Guaranty ï§ Many non-recourse guaranties will include provisions that carve-out instances where the guarantor may be personally liable upon the occurrence of certain enumerated bad acts. This type of guaranty is referred to as a âbad boyâ guaranty.
bank clerk - an employee of a bank who receives and pays out money. cashier, teller. banker - a financier who owns or is an executive in a bank. Translations.
CLERK, commerce, contract. A person in the employ of a merchant, who attends only to a part of his business, while the merchant himself superintends the whole. He differs from a factor in this, that the latter wholly supplies the place of his principal in respect to the property consigned to him. Pard.