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Guarantee and indemnity - short form

Guarantee and indemnity - short form

Danos, T, 2011

Available Formats

Format ISBN Price
Precedent 0000692441 $78.00

Format: Word document delivered by email within 24 hours

Description

This precedent document is a very short form template guarantee and indemnity for certain moneys of and performance by a borrower or other debtor.
The guarantee and indemnity is referable to a specific agreement between the beneficiary (eg a financier) and the borrower (ie the party whose liabilities are guaranteed). The precedent is suitable for use whether or not the guarantor, beneficiary and/or borrower is incorporated as a company.
The precedent is to be executed as a deed or agreement between the guarantor and beneficiary.

This guarantee and indemnity precedent includes clauses relating to:
· defining the borrower's obligations;
· an unconditional guarantee in favour of the beneficiary;
· an indemnity in favour of the beneficiary;
· the guarantor's undertakings and other obligations under the guarantee and indemnity; and
· enforcement.

Similar or related precedents available for purchase include:
· Agreement settling rights of co-guarantors inter se
· All moneys guarantee and indemnity - short form
· All moneys and performance guarantee and indemnity (non-specific) - long form
· All moneys and performance guarantee and indemnity - long form
· All moneys and performance guarantee and indemnity - short form
· Deed poll releasing guarantor from liability under guarantee
· General indemnity in respect of specific events
· Notice to guarantor that principal has made default and requiring payment

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Pricing Information

$78.00AUD

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