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1. Parties: Identification of the Guarantor, Principal Debtor (if applicable), and Beneficiary
2. Background: Context of the guarantee, including the underlying deposit arrangement and purpose
3. Definitions: Key terms used throughout the agreement, including 'Guaranteed Obligations', 'Deposit', and 'Security'
4. Guarantee and Indemnity: Core terms of the guarantee, including scope, amount, and nature of the guarantee obligation
5. Duration and Extent of Guarantee: Term of the guarantee and the maximum amount guaranteed
6. Guarantor's Representations and Warranties: Statements about the guarantor's capacity, authority, and financial condition
7. Payment Terms: Conditions and process for payment under the guarantee
8. Regulatory Compliance: Adherence to Canadian banking laws and regulations
9. Events of Default: Circumstances that trigger guarantee obligations
10. Enforcement: Rights and procedures for enforcing the guarantee
11. Notices: Communication requirements and contact details
12. Governing Law and Jurisdiction: Specification of Canadian law application and jurisdiction
1. Security: Include when the guarantee is secured by specific assets or collateral
2. Consumer Protection Provisions: Required when the guarantee involves a consumer rather than a commercial entity
3. Multiple Guarantors: Include when there is more than one guarantor, addressing joint and several liability
4. Cross-Border Provisions: Include when any party is located outside Canada or transactions involve foreign elements
5. Priority and Subordination: Include when there are multiple guarantees or security interests affecting the same deposit
6. Anti-Money Laundering Compliance: Include detailed AML provisions when dealing with large deposits or high-risk scenarios
7. Digital Banking Provisions: Include when the guarantee relates to online or digital banking services
1. Schedule A - Guaranteed Deposit Details: Specific details of the deposit(s) covered by the guarantee
2. Schedule B - Payment Procedures: Detailed procedures for making claims and payments under the guarantee
3. Schedule C - Security Details: Description of any security or collateral provided (if applicable)
4. Schedule D - Compliance Requirements: Specific regulatory compliance requirements and procedures
5. Appendix 1 - Form of Demand: Standard form for making a demand under the guarantee
6. Appendix 2 - Required Notices: Templates for various notices required under the agreement
Account Bank
Applicable Law
Banking Day
Beneficiary
Business Day
Canadian Dollars
Claim
Deposit
Deposit Account
Default Interest
Demand
Effective Date
Enforcement Event
Event of Default
Financial Institution
Guaranteed Obligations
Guaranteed Amount
Guarantor
Indemnified Parties
Interest Period
Liability
Loss
Material Adverse Effect
Notice
Permitted Security Interest
Principal Debtor
Regulatory Authority
Related Rights
Relevant Jurisdiction
Security
Security Interest
Secured Obligations
Taxes
Term
Transaction Documents
Write-off
Payment Obligations
Security Interest
Representations and Warranties
Covenants
Events of Default
Enforcement
Set-off Rights
Assignment and Transfer
Regulatory Compliance
Anti-Money Laundering
Information Rights
Costs and Expenses
Tax Gross-up
Currency Provisions
Severability
Amendment and Waiver
Notices
Governing Law
Jurisdiction
Limitation Periods
Force Majeure
Entire Agreement
Counterparts
Third Party Rights
Confidentiality
Termination
Survival
Banking
Financial Services
Real Estate
Construction
Infrastructure
Mining
Energy
Telecommunications
Retail
Hospitality
Manufacturing
Import/Export
Legal
Finance
Treasury
Compliance
Risk Management
Corporate Banking
Commercial Banking
Credit Risk
Regulatory Affairs
Account Management
Chief Financial Officer
Treasury Manager
Finance Director
Legal Counsel
Compliance Officer
Risk Manager
Banking Relationship Manager
Corporate Banking Officer
Credit Risk Officer
Commercial Banking Manager
Account Manager
Security Trustee
Corporate Secretary
Financial Controller
Regulatory Compliance Manager
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