Guarantee Fee Agreement for the United Kingdom

Guarantee Fee Agreement Template for England and Wales

A Guarantee Fee Agreement is a legally binding document governed by English and Welsh law that establishes the terms and conditions under which a guarantor will receive compensation for providing a guarantee. It sets out the fee structure, payment terms, duration of the arrangement, and associated obligations of all parties. The agreement typically includes provisions for fee calculation methods, payment schedules, and circumstances that might affect the guarantee arrangement.

Your data doesn't train Genie's AI

You keep IP ownership of your information

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Download a Standard Template

4.6 / 5
4.8 / 5
Access for free
OR

Alternatively: Run an advanced review of an existing
Guarantee Fee Agreement

Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
Upload your Doc

What is a Guarantee Fee Agreement?

A Guarantee Fee Agreement becomes necessary when one party (the guarantor) agrees to guarantee the obligations of another party and requires compensation for taking on this risk. This document, governed by English and Welsh law, establishes the commercial terms of this arrangement, including fee calculations, payment schedules, and related obligations. The agreement is particularly important in commercial financing, property transactions, and international trade where guarantees are common practice and the guarantor's risk needs to be appropriately compensated.

What sections should be included in a Guarantee Fee Agreement?

1. Parties: Identifies and defines all parties to the agreement

2. Background: Sets out the context and purpose of the guarantee fee arrangement

3. Definitions: Defines key terms used throughout the agreement

4. Fee Structure: Details the guarantee fee amount, calculation method, and payment terms

5. Payment Terms: Specifies when and how payments should be made

6. Duration: Specifies the term of the agreement

7. Termination: Sets out circumstances and process for ending the agreement

8. Governing Law and Jurisdiction: Specifies that English and Welsh law governs the agreement and establishes jurisdiction for disputes

What sections are optional to include in a Guarantee Fee Agreement?

1. Tax Provisions: Details tax treatment of fees and VAT considerations where applicable

2. Currency Provisions: Specifies currency conversion rules and exchange rate mechanisms for cross-border arrangements

3. Force Majeure: Covers circumstances beyond parties' control that may affect performance of the agreement

4. Data Protection: Provisions relating to handling of personal data under GDPR and Data Protection Act 2018

5. Regulatory Compliance: Additional provisions for compliance with FCA regulations and other relevant regulatory requirements

What schedules should be included in a Guarantee Fee Agreement?

1. Fee Calculation Schedule: Detailed methodology for calculating guarantee fees including any variables or formulas

2. Payment Schedule: Timeline of payment dates and amounts throughout the agreement term

3. Form of Notice: Template for formal notices required under the agreement

4. Guarantee Terms: Details of the underlying guarantee arrangement to which the fee relates

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

England and Wales

Publisher

Genie AI

Document Type

Fee Agreement

Cost

Free to use
Industries

Financial Services and Markets Act 2000: Primary legislation governing regulated financial activities, essential if the guarantee involves financial services or regulated activities

Consumer Credit Act 1974: Key legislation that must be considered if any party to the guarantee agreement is a consumer

Contracts (Rights of Third Parties) Act 1999: Governs how third parties may enforce terms of a contract, relevant for guarantee arrangements involving multiple parties

Statute of Frauds 1677: Historical but still relevant legislation requiring guarantees to be made in writing and signed to be enforceable

Common Law Contract Principles: Fundamental principles covering offer, acceptance, consideration, and intention to create legal relations

Doctrine of Privity: Common law principle determining who can enforce contractual rights

Money Laundering Regulations 2017: Regulations governing anti-money laundering requirements in financial arrangements

GDPR and Data Protection Act 2018: Legislation governing the handling and protection of personal data in contractual relationships

Unfair Contract Terms Act 1977: Controls the use of exclusion and limitation clauses in contracts

Consumer Rights Act 2015: Relevant if any party is a consumer, providing additional protections and requirements

Value Added Tax Act 1994: Tax legislation relevant for VAT implications of guarantee fees

Financial Services (Banking Reform) Act 2013: Legislation affecting banking and financial services structures, relevant for guarantee arrangements involving banks

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Simple Land Lease

An England & Wales legal document outlining terms for straightforward land use and rental agreements.

find out more

Service Fee Agreement

An England & Wales contract outlining service terms, payment, and obligations for service-based business transactions.

find out more

Finders Fee Contract

An England & Wales legal document authorizing a third party to process a cash advance transaction.

find out more

Flat Fee Contract

An England & Wales legal document authorizing another to use a payment card under specified conditions.

find out more

Fixed Fee Agreement

An England & Wales document authorizing lenders to process car loan applications and conduct necessary verifications.

find out more

Fee Developer Agreement

An England & Wales document authorizing business permit handling on behalf of a company.

find out more

Commission Fee Agreement

An England & Wales legal document authorizing burial, detailing the deceased and authorizer's relationship.

find out more

Client Fee Agreement

An England & Wales legal document authorizing a specific address for billing purposes, ensuring compliance and audit trail.

find out more

Business Referral Fee Agreement

An England & Wales legal document granting authority to a beneficiary for asset management or benefit claims.

find out more

Assignment Fee Lease

An England & Wales document authorizing access to baptismal records for legal, educational, or genealogical purposes.

find out more

Probate Fee Agreement

A legal agreement governing probate services and fees between a legal professional and client in England and Wales.

find out more

Flat Fee Engagement Letter

A formal agreement under English law establishing a fixed-fee professional services arrangement between a service provider and client.

find out more

Broker Dealer Referral Agreement

An English law agreement establishing terms for client referrals to regulated broker-dealers, including regulatory compliance and compensation arrangements.

find out more

Finders Fee Agreement For Raising Capital

An English law agreement setting out terms for finder's services in capital raising activities, including compensation and regulatory compliance.

find out more

General Contractor Agreement Cost Plus Fee

An English law construction contract where the contractor is paid actual costs plus an agreed fee, commonly used for complex or uncertain scope projects in England and Wales.

find out more

Settlement Agreement Fixed Fee

A legally binding agreement under English and Welsh law that settles employment disputes for a fixed legal fee.

find out more

Real Estate Consultant Fee Agreement

A legal agreement under English and Welsh law establishing terms and fees for real estate consulting services.

find out more

Travel Agent Service Fee Agreement

An English law agreement establishing terms and fees for travel agent services, compliant with UK travel industry regulations.

find out more

Transaction Fee Agreement

A contract under English and Welsh law establishing terms for transaction-related fees and payment obligations between service providers and clients.

find out more

Sales Commission Split Agreement

A legally binding agreement under English and Welsh law that establishes terms for sharing sales commissions between multiple parties.

find out more

Hybrid Contingency Fee Agreement

An English law agreement combining hourly rates and success fees for legal services, regulated under LASPO 2012.

find out more

Commercial Loan Referral Fee Agreement

An English law agreement setting out terms for payment of fees for commercial loan referrals between introducers and lenders.

find out more

Hourly Retainer Agreement

A contract under English and Welsh law establishing terms for ongoing professional services charged at hourly rates.

find out more

Hourly Fee Agreement

A contract governed by English and Welsh law that sets out terms for services provided on an hourly rate basis.

find out more

Late Rent Payment Agreement

An English law agreement establishing payment terms for overdue rent between landlord and tenant.

find out more

Professional Fee Agreement

A legally binding agreement under English and Welsh law that sets out the terms and fees for professional services provision.

find out more

Flat Fee Retainer Agreement

A contract under English and Welsh law establishing a fixed-fee retainer arrangement between service provider and client.

find out more

Finder Fee Agreement For Sales Leads

An English law agreement governing the payment of fees for introducing sales leads between a finder and a principal company.

find out more

Cost Fixed Fee Contract

An English law agreement for the provision of services at a predetermined fixed fee, providing cost certainty for both parties.

find out more

Commercial Referral Fee Agreement

An English law agreement governing the terms of business referrals and associated fees between commercial parties.

find out more

Reservation Deposit Agreement

A legal agreement under English and Welsh law governing the payment, holding, and return conditions of a reservation deposit.

find out more

Loan Origination Agreement

A legal agreement under English and Welsh law establishing terms and conditions for providing loan facilities between lender and borrower.

find out more

General Retainer Agreement

An English law agreement establishing terms for ongoing professional services between a service provider and client.

find out more

Construction Referral Fee Agreement

A legally binding agreement under English and Welsh law governing the payment of fees for construction project referrals.

find out more

Software Referral Agreement

An English law agreement establishing terms for software referral partnerships and commission structures.

find out more

Non Refundable Retainer Agreement

An English law agreement establishing a non-refundable upfront payment for retained professional services.

find out more

Referral Contract Agreement

An English law agreement establishing terms for business referrals between parties, including compensation and obligations.

find out more

Loan Referral Agreement

An English law agreement governing the relationship between referrers and lenders for loan product referrals.

find out more

Sourcing Fee Agreement

An English law agreement establishing terms for sourcing services and associated fees between a sourcing agent and client company.

find out more

Placement Fee Agreement

A legally binding agreement under English and Welsh law that establishes recruitment agency fees and placement terms between agency and client.

find out more
See more related templates

Genie’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; Genie’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

We are ISO27001 certified, so your data is secure

Organizational security:

You retain IP ownership of your documents and their information

You have full control over your data and who gets to see it

2 Docs LeftAccess Now