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.
A banknote (often known as a bill, paper money, or simply a note) is a type of negotiable instrument known as a promissory note, made by a bank, payable to the bearer on demand. Banknotes were originally issued by commercial banks, who were legally required to redeem the notes for legal tender (usually gold or silver coin) when presented to the chief cashier of the originating bank.