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Guarantor Contract
"I need a Guarantor Contract under Indonesian law where PT Sejahtera Mining (as Guarantor) guarantees a USD 5 million bank loan from Bank Central Asia to its subsidiary PT Sejahtera Operations (as Principal Debtor), with the guarantee period running from March 1, 2025, to December 31, 2025."
1. Parties: Identifies and provides full details of the Principal Debtor, Creditor, and Guarantor
2. Background: Explains the context of the underlying debt/obligation and the reason for the guarantee
3. Definitions: Defines key terms used throughout the agreement
4. Scope of Guarantee: Clearly defines the obligations being guaranteed and the extent of the guarantor's liability
5. Nature of Guarantee: Specifies whether it's a continuing guarantee, an absolute guarantee, or other type
6. Guarantor's Obligations: Details the specific obligations and commitments of the guarantor
7. Payment Terms: Specifies when and how the guarantor must make payments upon default by the principal debtor
8. Representations and Warranties: Statements of fact and assurances given by the guarantor
9. Duration and Validity: Specifies the term of the guarantee and conditions for its validity
10. Events of Default: Lists circumstances that trigger the guarantee obligations
11. Enforcement: Procedures for enforcing the guarantee
12. Governing Law and Jurisdiction: Confirms Indonesian law applies and specifies jurisdiction for disputes
13. Notices: Details how formal communications between parties should be made
14. Execution: Signature blocks and execution requirements
1. Security: Include when the guarantee is backed by specific assets or collateral
2. Multiple Guarantors: Include when there is more than one guarantor, defining joint and several liability
3. Corporate Authority: Include when the guarantor is a corporation, detailing corporate approvals
4. Assignment: Include when rights under the guarantee may need to be transferred
5. Currency Provisions: Include for international transactions involving multiple currencies
6. Tax Provisions: Include when tax implications need to be addressed specifically
7. Financial Covenants: Include when ongoing financial requirements are imposed on the guarantor
8. Subordination: Include when the guarantee needs to be ranked relative to other obligations
1. Schedule 1 - Guaranteed Obligations: Detailed description of the underlying obligations being guaranteed
2. Schedule 2 - Security Details: Details of any security or collateral provided (if applicable)
3. Schedule 3 - Payment Schedule: Schedule of payments under the underlying obligation
4. Schedule 4 - Form of Demand: Standard form for making a demand under the guarantee
5. Appendix A - Corporate Authorizations: Copies of relevant corporate approvals and authorizations
6. Appendix B - Supporting Documents: Copies of underlying loan agreement or other relevant documents
Authors
Guaranteed Obligations
Principal Debtor
Guarantor
Creditor
Security
Enforcement Event
Default
Event of Default
Demand
Business Day
Guaranteed Amount
Maximum Liability
Principal Agreement
Underlying Obligation
Secured Obligations
Interest Rate
Payment Date
Effective Date
Termination Date
Notice
Working Day
Indonesian Rupiah
Applicable Law
Authority
Related Documents
Security Interest
Claim
Guarantee Period
Material Adverse Effect
Permitted Security
Release Date
Representatives
Secured Parties
Subsidiary
Transaction Documents
Valid Claim
Guarantee Fee
Costs
Damages
Indemnity
Liability
Security Documents
Signing Date
Governing Law
Guarantee
Indemnity
Payment Obligations
Representations and Warranties
Covenants
Security
Default
Enforcement
Demand
Release
Assignment
Set-off
Currency
Costs and Expenses
Tax
Notices
Amendments
Severability
Entire Agreement
Force Majeure
Confidentiality
Waiver
Further Assurance
Multiple Guarantors
Subordination
Authority
Termination
Governing Law
Dispute Resolution
Language
Execution
Banking and Financial Services
Real Estate and Property Development
Manufacturing
Construction
Infrastructure
Trading and Commerce
Retail
Agriculture
Mining and Resources
Transportation and Logistics
Legal
Finance
Risk Management
Treasury
Compliance
Credit Administration
Corporate Secretariat
Commercial Operations
Business Development
Contract Management
Chief Financial Officer
Finance Director
Legal Counsel
Risk Manager
Credit Manager
Corporate Secretary
Treasury Manager
Compliance Officer
Commercial Director
Business Development Manager
Contract Administrator
Legal Manager
Banking Relationship Manager
Security Trustee
Corporate Finance Manager
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