Personal Guarantee Agreement Template for Belgium

1. Joint and Several Liability: Required when multiple guarantors are involved

2. Corporate Authority: Required when the guarantor is a company, including necessary corporate approvals

3. Consumer Protection Declarations: Required when the guarantor is a natural person, including mandatory warnings and acknowledgments under Belgian consumer law

4. Security Interest: Optional section for cases where additional security is provided alongside the guarantee

5. Subordination: Required when the guarantee needs to be subordinated to other obligations

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

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

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

1. Form of Demand: Template for making formal demands under the guarantee

2. Underlying Agreement: Copy or summary of the principal obligation being guaranteed

3. Corporate Authorizations: Copies of relevant corporate approvals (if guarantor is a company)

4. Guarantor's Capacity Statement: Declaration of the guarantor's financial capacity and understanding

5. Consumer Protection Notice: Mandatory warnings and information for natural person guarantors

6. Payment Details: Banking and payment information for guarantee payments