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1. Parties: Identification of the Surety, the Creditor, and the Principal Debtor with full legal names and addresses
2. Background: Context of the suretyship, reference to the primary obligation, and relationship between parties
3. Definitions: Key terms used in the agreement, including 'Secured Obligations', 'Maximum Liability Amount', and 'Security Period'
4. Scope of Suretyship: Clear definition of the secured obligations and explicit statement of the maximum amount of liability as required by Swiss law
5. Surety's Obligations: Details of the surety's payment and performance obligations, including conditions for payment
6. Representations and Warranties: Surety's confirmations regarding capacity, authority, and understanding of obligations
7. Duration and Termination: Term of the suretyship and conditions for termination in accordance with Swiss law
8. Demands and Payments: Process for making demands under the suretyship and payment mechanisms
9. Preservation of Rights: Creditor's rights preservation and waiver of surety's defenses
10. Notices: Communication requirements and contact details for formal notices
11. Governing Law and Jurisdiction: Confirmation of Swiss law governance and jurisdiction for disputes
1. Spousal Consent: Required when the surety is married, per Article 494 of Swiss Code of Obligations
2. Multiple Sureties: Provisions for cases where more than one surety is providing security
3. Counter-Indemnity: Provisions for surety's right of recourse against the principal debtor
4. Assignment and Transfer: Provisions allowing/restricting transfer of rights under the agreement
5. Costs and Expenses: Allocation of costs related to preparation and enforcement of the suretyship
6. Independent Advice: Confirmation that the surety has received independent legal advice, recommended for consumer sureties
1. Primary Obligation Details: Details of the main obligation being secured (e.g., loan agreement, credit facility)
2. Maximum Liability Calculation: Breakdown of the maximum liability amount including any interest and costs
3. Form of Demand: Template for making valid demands under the suretyship
4. Secured Obligations: Detailed list of all obligations covered by the suretyship
Applicable Law
Business Day
Claims
Creditor
Default
Default Interest
Demand
Effective Date
Enforcement Event
Event of Default
Guaranteed Obligations
Interest Period
Maximum Liability Amount
Notice
Original Currency
Payment Date
Principal Debtor
Principal Obligation
Secured Obligations
Security
Security Period
Surety
Suretyship
Swiss Francs
Termination Date
Underlying Agreement
Valid Claim
Working Hours
Definitions
Suretyship Undertaking
Maximum Liability
Principal Obligations
Payment Obligations
Demands and Payments
Independent Obligations
Continuing Security
Representations and Warranties
Duration
Termination
Release of Security
Waivers
Indemnification
Assignment and Transfer
Notices
Set-off
Currency
Costs and Expenses
Amendments
Severability
Multiple Sureties
Spousal Consent
Enforcement
Governing Law
Jurisdiction
Formal Requirements
Counter-Indemnity
Subrogation Rights
Banking and Financial Services
Real Estate
Construction
Manufacturing
Commercial Lending
Corporate Finance
Small and Medium Enterprises
Retail
Professional Services
Import/Export
Legal
Finance
Risk Management
Compliance
Treasury
Credit Administration
Commercial Operations
Corporate Secretariat
Contract Management
Business Development
Legal Counsel
Corporate Lawyer
Financial Director
Credit Risk Manager
Compliance Officer
Contract Manager
Chief Financial Officer
Banking Relationship Manager
Credit Officer
Treasury Manager
Risk Assessment Officer
Legal Operations Manager
Commercial Director
Notary Public
Corporate Secretary
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