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All moneys and performance guarantee and indemnity - short form
Your Price: $66.30
Format: Word document deliver by email , Digital
This precedent document is a short form template guarantee and indemnity for all moneys and performance of and by a borrower or other debtor.
The guarantee and indemnity is referable to the payment of moneys and performance of obligations under 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 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;
· method of payment; and
· relevant warranties.
Similar or related precedents available for purchase include:
· Agreement settling rights of co-guarantors inter se
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