Boatmen's First National Bank of Kansas City, a Federally Chartered Bank v. P.P.C., Inc., a Delaware Corporation

LOKEN, Circuit Judge.

Defendant P.P.C., Inc. (“PPC”), appeals from a district court order granting summary judgment to plaintiff Boatmen’s First National Bank of Kansas City (“Boatmen’s”) in its suit to recover on a written Guarantee. Having concluded that the guarantee contains a material ambiguity that is susceptible of at least two reasonable interpretations, we reverse.

The Guarantee was signed by PPC on September 1, 1987, in consideration of Boatmen’s making future advances to Evans Electric Construction, Inc. (“Evans”). The printed portion of the Guarantee document contains typical…