Guarantor Agreement Template for Philippines

1. Security: Include when the guarantee is secured by specific assets or collateral

2. Corporate Authority: Required when the guarantor is a corporation, detailing corporate approvals

3. Joint and Several Liability: Include when there are multiple guarantors

4. Assignment and Transfer: Include when rights under the guarantee may be assigned or transferred

5. Costs and Expenses: Include when specific cost allocation needs to be addressed

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

7. Financial Covenants: Include when the guarantor must maintain specific financial conditions

8. Foreign Currency Provisions: Include when the guarantee involves foreign currency obligations

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 Details: Details of any security or collateral (if applicable)

4. Schedule 4 - Corporate Authorizations: Copies of relevant corporate approvals and resolutions

5. Appendix A - Principal Agreement: Copy of the underlying agreement giving rise to the guaranteed obligations

6. Appendix B - Compliance Certificate: Form of certificate for periodic compliance confirmation