Short Form Limited Guarantee and Indemnity
This Short Form Limited Guarantee
A guarantee will normally be put into place at the request of the Lender (who will have entered into a separate Loan Agreement with the Borrower
Under the Guarantee Agreement, the Lender can request the Guarantor to repay the loan in the event that the Borrower defaults on its obligations under the Loan Agreement. The repayment by the Guarantor is ‘on demand’, which means that, following
This Short Form Limited Guarantee Agreement
This Short Form Limited Guarantee Agreement is suitable for smaller sized loans. If the Lender requires more detailed risk protection, then you are advised to download and use the 'Long Form Limited Guarantee and Indemnity’.
If you are looking for a document to cover a personal guarantee, please look at the ‘Personal Guarantee’. This document is drafted as a Deed, and