Agreement Of Personal Guaranty Template for Belgium

1. Multiple Guarantors: Required when there is more than one guarantor, defining joint and several liability

2. Specific Assets: Used when the guarantee is limited to or secured by specific assets

3. Corporate Authority: Required for corporate guarantors, including board approvals and corporate benefit statements

4. Spousal Consent: Required when the guarantor is married and local law requires spousal consent

5. Currency Provisions: Required for cross-border guarantees involving multiple currencies

6. Tax Gross-Up: Optional provisions for handling tax implications of guarantee payments

7. Assignment and Transfer: Optional provisions allowing transfer of guarantee rights

1. Schedule 1 - Guaranteed Obligations: Detailed description of the underlying obligations being guaranteed

2. Schedule 2 - Form of Demand: Template for making a demand under the guarantee

3. Schedule 3 - Guarantor Information: Detailed information about the Guarantor including financial status

4. Schedule 4 - Principal Debtor Information: Details of the principal debtor and the primary obligation

5. Appendix A - Required Notices and Forms: Standard forms for notices and communications under the guarantee