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Document Id : 626
File Type : Microsoft Word
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Alberta Guarantee Agreement for Oil and Gas Asset Exchange
Prepare a Guarantee Agreement for an oil and gas asset exchange with this template form for the Province of Alberta.
- The guarantee is given in connection with a Purchase and Sale Agreement for natural gas assets.
- The guarantor, as the parent company of the vendor (seller), guarantees all of the vendor's obligations to the purchaser.
- The guarantee is irrevocable, unconditional and continuing.
- The liability of the guarantor is separate from that of the vendor.
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