icon

CORPORATE GUARANTEE TEMPLATE

document

CORPORATE GUARANTEE TEMPLATE

0 Reviews star star star star star

Basic Info

  • Applicable Region UAE
  • Available Languages
    English
    English & Arabic
  • Document No 0000304
  • Version V 1.0
  • Last Updated 07-06-2023
  • Reviews 0
Document Summary

This document is a letter where the guarantor takes responsibility to repay the debts of the borrower in favour of the lender. The Borrower must provide a Guarantee in favour of the Beneficiary, as per the terms and conditions of their agreement.

Description

The Guarantor has the power to issue this Guarantee and agrees to be held contractually responsible if a borrower falls behind on repaying a loan.

Jurisdiction

This template is intended for use in the United Arab Emirates.

Before Execution

- The information on this front page or contained in the headers and footers of this instrument is for guidance purposes only.

- Please delete this front page together with the information contained in the headers, footers, and endnotes prior to circulating this letter. Where square brackets […] and highlights are used in the document, it indicates that there is missing or incomplete information that will need to be incorporated prior to signature.

- Please remove the square brackets and all highlighting prior to signature.