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1. Parties: Identification of Principal Debtor, Creditor, and Surety with complete details
2. Background: Context of the primary obligation and reason for surety arrangement
3. Definitions: Definitions of key terms used in the agreement
4. Scope of Guarantee: Clear description of the obligations being guaranteed and their extent
5. Nature of Guarantee: Whether continuing guarantee or specific guarantee, and its characteristics
6. Surety's Obligations: Detailed obligations of the surety including payment terms and conditions
7. Rights of the Creditor: Powers and rights of the creditor in enforcing the guarantee
8. Representations and Warranties: Statements of fact and assurances by the surety
9. Events of Default: Circumstances constituting default and their consequences
10. Indemnity: Surety's obligation to indemnify the creditor
11. Notices: Process and requirements for giving notices under the agreement
12. Governing Law and Jurisdiction: Applicable law and courts having jurisdiction
13. Miscellaneous: Standard boilerplate provisions including amendments, severability, etc.
1. Multiple Sureties: Required when there are multiple sureties, defining their relationship and liability
2. Security Provisions: When specific assets are provided as additional security
3. Assignment: If assignment of the guarantee rights is to be permitted
4. Step-In Rights: When surety has rights to step into the shoes of the principal debtor
5. Dispute Resolution: When parties prefer arbitration or other alternative dispute resolution
6. Counter Indemnity: When principal debtor provides indemnity to the surety
7. Limitation of Liability: When surety's liability needs to be capped or limited
1. Schedule 1 - Primary Obligation Details: Details of the main debt or obligation being guaranteed
2. Schedule 2 - Security Details: Description of any security or collateral provided
3. Schedule 3 - Payment Terms: Detailed payment schedule and mechanics
4. Schedule 4 - Form of Demand: Standard format for making demands under the guarantee
5. Appendix A - Related Agreements: List and copies of related agreements referenced
6. Appendix B - Power of Attorney: If applicable, power of attorney authorizing execution
Definitions
Guarantee
Indemnity
Payment Obligations
Representations and Warranties
Covenants
Security
Default
Enforcement
Discharge
Assignment
Notices
Amendments
Severability
Waiver
Confidentiality
Force Majeure
Dispute Resolution
Governing Law
Jurisdiction
Entire Agreement
Counterparts
Third Party Rights
Costs and Expenses
Term and Termination
Relationship of Parties
Stamp Duty
Further Assurance
Banking & Financial Services
Construction & Real Estate
Manufacturing
Infrastructure
Trading & Commerce
Education
Healthcare
Information Technology
Retail
Telecommunications
Legal
Finance
Risk Management
Compliance
Treasury
Credit Operations
Corporate Affairs
Business Development
Company Secretarial
Legal Counsel
Chief Financial Officer
Risk Manager
Credit Manager
Corporate Lawyer
Finance Director
Compliance Officer
Business Development Manager
Contract Manager
Company Secretary
Treasury Manager
Financial Analyst
Credit Risk Officer
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