Dealer User Reference Guide - BMO e-Drive

A limit on the amount secured by the security doesn't limit your guarantee. Your liability. Your guarantee also makes you liable as if you were the borrower. This section 3 doesn't impair our other rights under this guarantee. Defects in borrower's obligations. If we act on the basis that an obligation that you've guaranteed exists and anything causes it not to exist, this part applies as if ... ................
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