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Guarantor Contract
"I need a Guarantor Contract under Singapore law where my company acts as guarantor for a subsidiary's 5-year bank loan of SGD 2 million, with the guarantee to commence from March 2025."
1. Parties: Details of the Creditor, Principal Debtor, and Guarantor
2. Background: Context of the underlying debt and reason for guarantee
3. Definitions: Key terms used throughout the agreement
4. Guarantee and Indemnity: Core obligations of the guarantor including scope and extent of guarantee
5. Nature of Guarantee: Whether continuing guarantee or limited to specific obligations
6. Payment Terms: Conditions and timing of guarantee payments
7. Guarantor's Representations: Warranties about capacity and authority to enter into guarantee
8. Enforcement: Creditor's rights to enforce the guarantee and remedies
9. General Provisions: Standard boilerplate clauses including notices, amendments, and governing law
1. Security Provisions: Additional provisions when guarantee is secured against specific assets
2. Multiple Guarantors: Joint and several liability provisions for multiple guarantors
3. Foreign Currency Provisions: Exchange rate and currency conversion terms for foreign currency obligations
4. Corporate Guarantor Provisions: Additional representations and warranties specific to corporate guarantors
1. Schedule 1 - Guaranteed Obligations: Detailed list of the underlying debt or obligations being guaranteed
2. Schedule 2 - Security Details: Description of any assets or collateral securing the guarantee
3. Schedule 3 - Form of Demand: Standard template for making demands under the guarantee
4. Schedule 4 - Corporate Authorizations: Copies of relevant board resolutions and corporate approvals
Authors
Guaranteed Obligations
Principal Debtor
Guarantor
Creditor
Event of Default
Secured Obligations
Guarantee Period
Default Interest
Demand
Business Day
Security
Security Documents
Enforcement Notice
Guaranteed Amount
Liability
Material Adverse Effect
Payment Currency
Underlying Agreement
Related Rights
Claim
Discharge Date
Encumbrance
Guarantee Limit
Indemnity
Losses
Permitted Security
Representative
Taxes
Working Day
Representations and Warranties
Payment Obligations
Continuing Security
Default and Enforcement
Discharge and Release
Subrogation Rights
Assignment and Transfer
Set-off Rights
Currency Provisions
Costs and Expenses
Notices
Amendments and Waivers
Severability
Governing Law
Jurisdiction
Limitation of Liability
Joint and Several Liability
Further Assurance
Counterparts
Third Party Rights
Entire Agreement
Confidentiality
Tax Gross-up
Force Majeure
Change of Control
Time of Essence
Waiver of Defenses
Security Reinstatement
Remedies and Waivers
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