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 cashierâs check is a check that is issued by a bank, and sold to its customer or another purchaser, that is a direct obligation of the bank. Cashierâs checks are viewed as relatively risk-free instruments and, therefore, are often used as a trusted form of payment to consumers for goods and services.