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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.
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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. |
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Jurisdiction |
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This template is intended for use in the United Arab Emirates. |
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Before Execution |
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- 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. |
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