Australia Guarantee Deed and Indemnity
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 continuing guarantee which will remain in effect until all of the borrower's indebtedness to the lender has been paid in full.
- This is a fully editable legal form that can be used anywhere throughout Australia.
For security purposes, every loan to a corporate entity should include a personal guarantee. You can download this form for your credit office immediately after purchase.
Last Updated: 14-April-2016