Personal Guarantee Letter Template for Belgium

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

2. Demand Mechanics: Detailed procedure for making a demand under the guarantee, if specific procedures are required

3. Release Conditions: Specific conditions under which the guarantor may be released from obligations

4. Governing Law Statement: While Belgian law applies, this may need explicit statement for cross-border situations

5. Language Declaration: Required for cross-border situations or when multiple language versions exist

6. Communication Details: Specific contact information and procedures for notices if complex arrangements are involved

1. Schedule 1 - Principal Debt Details: Detailed description of the underlying debt or obligation being guaranteed

2. Schedule 2 - Payment Schedule: If applicable, schedule of payments or obligations under the main agreement

3. Schedule 3 - Guarantor's Assets Declaration: If required, declaration of guarantor's main assets and financial position

4. Appendix A - Copy of Main Agreement: Copy or extract of the main agreement giving rise to the guaranteed obligations

5. Appendix B - Proof of Authority: If applicable, evidence of guarantor's authority to provide the guarantee (e.g., corporate resolutions)