REVOCATION OF GUARANTY
Reference is made to our
guaranty dated ___________ (month & day), ___ (year) issued to you by the
undersigned guaranteeing the continued credit of ____________
Please be advised that effective upon receipt of
this letter of guaranty (or such effective date as provided under the
guaranty), the undersigned shall not be obligated under the guaranty for any
future or further credit extended by you to the Obligor. We understand that we shall remain liable
for the present balance until paid.
We would appreciate
confirmation of the present balance owed and would further appreciate
notification when said balance has been fully paid.
Please confirm to us in
writing receipt and acknowledgment of this guaranty revocation by return