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ANTONIO M. GARCIA v. CA

This case has been cited 1 times or more.

2008-12-18
VELASCO JR., J.
Particular attention must be paid to the statement appearing on the face of the Indemnity [Suretyship] Agreement x x x "evidenced by those certain loan documents dated April 20, 1982" x x x. From this statement, it is clear that the Indemnity Agreement refers only to the loan document of April 20, 1982 which is the SWAP loan. It did not include the EXPORT loan. Hence, petitioner cannot be held answerable for the EXPORT loan.[23] (Emphasis supplied.)