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 passbook or bankbook is a paper book used to record bank transactions on a deposit account. Depending on the country or the financial institution, it can be of the dimensions of a chequebook or a passport.