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1. Parties: Identifies the guarantor, beneficiary, and principal debtor
2. Background: Explains the context and purpose of the guarantee
3. Definitions: Defines key terms used throughout the guarantee
4. Guarantee and Indemnity: Core obligations of the guarantor
5. Scope of Guarantee: Defines what obligations are covered
6. Duration: Period of effectiveness and termination conditions
7. Enforcement: Conditions for calling upon the guarantee
1. Security: Additional security provisions when further security is being provided
2. Assignment: Rights to transfer the guarantee, included when transfer rights are needed
3. Multiple Guarantors: Provisions for joint and several liability when there is more than one guarantor
4. Costs and Expenses: Allocation of costs related to the guarantee when specific cost arrangements are needed
1. Form of Demand: Template for making demands under the guarantee
2. Guaranteed Obligations: Detailed list of obligations being guaranteed
3. Principal Agreement: Copy or summary of the underlying agreement being guaranteed
4. Corporate Authorizations: Required corporate approvals and resolutions
Guaranteed Obligations
Principal Agreement
Principal Debtor
Beneficiary
Guarantor
Demand
Event of Default
Business Day
Effective Date
Expiry Date
Guaranteed Performance
Maximum Liability
Permitted Transfer
Security
Underlying Agreement
Working Day
Force Majeure Event
Notice
Breach
Default Notice
Cure Period
Performance Standards
Specified Obligations
Termination Event
Guarantee Period
Affiliate
Group Company
Authorised Representative
Governing Law
Scope of Guarantee
Duration
Conditions Precedent
Representations and Warranties
Primary Obligations
Enforcement
Preservation of Rights
Waiver
Assignment and Transfer
Notices
Confidentiality
Costs and Expenses
Set-off
Amendments
Severability
Entire Agreement
Third Party Rights
Force Majeure
Governing Law
Jurisdiction
Counterparts
Termination
Remedies
Further Assurance
Time of Essence
Joint and Several Liability
No Partnership
Release of Guarantor
Preservation of Security
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