Secure the repayment of a debt (such as a line of credit) or the performance of contract obligations (such as a lease) with a written guarantee deed form for Australia residents.
Lenders in Australia can ensure the repayment of a corporate loan by having a principal of the corporate borrower execute this Guarantee Deed and Indemnity.
- A director, officer, or shareholder guarantees that he/she will repay the company's debt in the event that the company is unable to clear the debt on its own.
- The guarantor also indemnifies the lender with respect to any part of the indebtedness that cannot be recovered from the guarantor.
- This is a cont.....