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1. Parties: Identifies the three key parties: Creditor (Lender), Principal Debtor (Borrower), and Guarantor
2. Background: Describes the context of the loan agreement and the requirement for guarantee
3. Definitions: Defines key terms used throughout the agreement including Guaranteed Obligations, Security, Events of Default
4. Guarantee and Indemnity: Core section detailing the guarantee obligations, including the amount guaranteed and the nature of the guarantee (continuing guarantee)
5. Scope of Guarantee: Specifies what obligations are covered and the extent of guarantor's liability
6. Guarantor's Representations and Warranties: Statements about guarantor's capacity, authority, and financial condition
7. Guarantor's Covenants: Ongoing obligations of the guarantor during the term of the guarantee
8. Events of Default: Circumstances that trigger guarantor's liability and enforcement rights
9. Rights of the Creditor: Lender's rights including enforcement, assignment, and modification of underlying loan
10. Preservation of Rights: Provisions ensuring guarantee remains valid despite changes to underlying loan or debtor's status
11. Notices: Communication requirements and contact details for all parties
12. Governing Law and Jurisdiction: Specifies Indian law as governing law and jurisdiction for disputes
1. Security Provisions: Required when the guarantee is secured by specific assets or property
2. Multiple Guarantors: Include when there are multiple guarantors, defining joint and several liability
3. Guarantee Commission: Include if the guarantor charges any commission for providing the guarantee
4. Step-In Rights: Optional provisions allowing guarantor to take over borrower's business in default scenarios
5. Limited Liability: Include when guarantor's liability is capped at a specific amount
6. Cross Default: Include when default under other agreements triggers liability under this guarantee
7. Assignment and Transfer: Required if either party needs right to assign the guarantee
1. Schedule 1 - Underlying Loan Details: Details of the primary loan agreement including amount, tenure, interest rate
2. Schedule 2 - Security Details: Description of any security or collateral provided by the guarantor
3. Schedule 3 - Form of Demand: Standard format for making demand under the guarantee
4. Schedule 4 - Guarantor's Personal/Financial Information: Details of guarantor's assets, income, and other relevant financial information
5. Appendix A - Compliance Documents: List of required compliance documents from guarantor
6. Appendix B - Payment Schedule: Schedule of guaranteed payments if structured payment is involved
Applicable Law
Borrower
Business Day
Creditor
Default Interest
Event of Default
Finance Documents
Financial Indebtedness
Guarantee
Guarantee Obligations
Guaranteed Amount
Guarantor
Indebtedness
Interest Rate
Lender
Loan
Loan Agreement
Material Adverse Effect
Notice
Outstanding Amount
Parties
Payment Date
Principal Amount
Principal Debtor
Recovery Expenses
Repayment Schedule
Security
Security Documents
Secured Obligations
Stamp Duty
Tax
Term
Underlying Debt
Guarantee Obligations
Payment Terms
Indemnification
Default
Enforcement
Security
Assignment
Notices
Confidentiality
Severability
Amendments
Force Majeure
Dispute Resolution
Governing Law
Jurisdiction
Waiver
Termination
Survival
Entire Agreement
Costs and Expenses
Stamp Duty
Registration
Counterparts
Further Assurance
Time of Essence
Independent Rights
Joint and Several Liability
Set-off Rights
Subrogation Rights
Banking
Financial Services
Real Estate
Corporate Finance
Small and Medium Enterprises
Retail Banking
Commercial Banking
Microfinance
Housing Finance
Infrastructure Finance
Legal
Credit Risk
Loan Operations
Compliance
Documentation
Corporate Banking
Retail Banking
Risk Management
Credit Administration
Legal Documentation
Credit Manager
Loan Officer
Risk Assessment Officer
Legal Counsel
Corporate Lawyer
Banking Operations Manager
Compliance Officer
Relationship Manager
Credit Analyst
Underwriter
Documentation Specialist
Branch Manager
Financial Advisor
Company Secretary
Chief Risk Officer
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