Suretyship Agreement Template for Germany

1. Parties: Identification of the Surety (Bürge), the Creditor (Gläubiger), and reference to the Principal Debtor (Hauptschuldner)

2. Background: Context of the suretyship, including reference to the principal debt and relationship between the parties

3. Definitions: Definition of key terms used in the agreement, including 'Secured Obligations', 'Principal Debt', and 'Security Period'

4. Suretyship Declaration: Clear and unambiguous declaration of suretyship (Bürgschaftserklärung) in compliance with § 766 BGB

5. Scope of Suretyship: Detailed description of the secured obligations and maximum liability amount

6. Nature of Liability: Specification of whether it's a regular suretyship (normale Bürgschaft) or directly enforceable suretyship (selbstschuldnerische Bürgschaft)

7. Payment Terms: Terms and conditions for making payments under the suretyship

8. Surety's Defenses and Rights: Enumeration of statutory defenses and rights available to the surety

9. Duration and Termination: Terms regarding the duration of the suretyship and conditions for termination

10. Notices: Communication requirements and contact details for formal notices

11. Governing Law and Jurisdiction: Confirmation of German law application and jurisdiction

1. Schedule 1 - Principal Debt Details: Detailed description of the secured principal debt, including amount, terms, and conditions

2. Schedule 2 - Secured Obligations: Comprehensive list of all obligations covered by the suretyship

3. Schedule 3 - Form of Demand: Template for making formal demands under the suretyship

4. Schedule 4 - Contact Details: Detailed contact information for all parties and authorized representatives

5. Appendix A - Principal Debt Agreement: Copy or extract of the underlying agreement creating the principal debt

6. Appendix B - Corporate Authorizations: Required corporate resolutions or powers of attorney if parties are legal entities