Deposit Guarantee Template for Philippines

1. Multiple Guarantors: Additional provisions when there is more than one guarantor, including joint and several liability

2. Counter-Indemnity: Terms for reimbursement of the guarantor by the principal debtor

3. Security Provisions: When additional security is provided to support the guarantee

4. Foreign Currency Provisions: Required when deposits are in foreign currency or cross-border elements exist

5. Step-In Rights: Rights of the guarantor to take over certain aspects of the principal debtor's operations in specific circumstances

6. Tax Provisions: Specific tax-related provisions when guarantee payments may have tax implications

7. Regulatory Reporting: Additional reporting requirements if required by Philippine regulators

1. Schedule 1 - Guaranteed Deposits: Detailed list and specifications of the deposits covered by the guarantee

2. Schedule 2 - Claim Forms: Standard forms and documentation required for making claims under the guarantee

3. Schedule 3 - Fee Schedule: Details of any fees, charges, or premium payments related to the guarantee

4. Schedule 4 - Reporting Requirements: Templates and timing for regular reporting between parties

5. Schedule 5 - Compliance Documents: List of required regulatory compliance documents and certificates

6. Appendix A - Contact Details: Contact information for all relevant parties and authorized representatives

7. Appendix B - Power of Attorney: If applicable, power of attorney documents authorizing signatories