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Agreement settling rights of co-guarantors inter se

Agreement settling rights of co-guarantors inter se

Margow, E, 2017

Available Formats

Format ISBN Price
Precedent 0000693103 $98.21

Description

This precedent is an example of the type of agreement settling rights between co-guarantors. It is always important to customise agreements to take into account the individual needs and transactions of the actual parties to the agreement.


It is prudent where co-guarantors are aware of each other's existence to enter into an agreement inter se regulating their respective rights and liabilities as guarantors under the guarantee in order to satisfy themselves that if the guarantee is enforced by the creditor, their rights as co-guarantors as against each other will be easily understood and enforceable.


To preview the precedent, click here.


Document length: 4 pages


Related products (all with guidance notes)

o Guarantee and indemnity – short form
o Deed poll releasing guarantor from liability under guarantee
o All moneys and performance guarantee and indemnity – short form
o All moneys and performance guarantee and indemnity – long form


This precedent is also available via subscription to the Precedents – Guarantees & Indemnities Suite – Guarantees & Indemnities Bundle

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Pricing Information

$98.21AUD

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