Contract Of Indemnity And Guarantee Template for Philippines

1. Security: Include when specific assets are being provided as security for the guarantee

2. Multiple Guarantors: Include when there are multiple guarantors to address joint and several liability

3. Assignment and Transfer: Include when rights under the guarantee may need to be assigned

4. Step-In Rights: Include when the guarantor may need rights to step into the principal debtor's position

5. Currency Provisions: Include for cross-border transactions involving multiple currencies

6. Tax Provisions: Include when tax implications need to be specifically addressed

7. Costs and Expenses: Include when specific provisions about costs recovery are needed

8. Confidentiality: Include when sensitive commercial information is involved

1. Schedule 1 - Guaranteed Obligations: Detailed description of the obligations being guaranteed

2. Schedule 2 - Form of Demand: Standard form for making demands under the guarantee

3. Schedule 3 - Security Assets: List and description of any security assets (if applicable)

4. Schedule 4 - Conditions Precedent: List of conditions that must be satisfied before the guarantee becomes effective

5. Schedule 5 - Contact Details: Detailed contact information for all parties and authorized representatives

6. Appendix A - Primary Agreement: Copy of the primary agreement being guaranteed

7. Appendix B - Corporate Authorizations: Copies of relevant corporate authorizations and powers of attorney