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Document Id : 3081
File Type : Microsoft Word
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Alberta Irrevocable Letter of Guarantee
Prepare an Irrevocable Letter of Guarantee with this template form for the Province of Alberta.
- The Letter of Guarantee is issued by a defendant's bank to the Clerk of the Court of Queen's Bench.
- The letter guarantees payment of draft(s) in the aggregate of a specified amount to be paid into Court as security, in connection with a lawsuit.
- The Letter of Guarantee is unconditional and cannot be revoked prior to its expiry date, which initially is one year from the date of issue.
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