Products tagged with 'australia'

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.

Introduction

This customizable Australia Merger Agreement is designed to finalize the merger of two existing Australian companies into a new corporate entity.

Transfer of Businesses and Share Issuance

Both merging companies will transfer their respective businesses to the newly formed entity. In exchange for these transfers, the new corporate entity will issue shares in its capital to the shareholders of the merging companies.

Authorizations and Approvals

The merging companies are responsible for obtaining all necessary authorizations and approvals required to transfer any leases and business contracts to the new entity.

Employee Transition and Compensation

The new corporate entity will offer employment to the current employees of both merging companies. The merging companies are responsible for paying all salary, sick pay, and other amounts due or accrued to the employees up to the date of completion of the merger.

Power of Attorney

As part of the agreement, the merging companies grant the new corporate entity power of attorney, enabling it to act on their behalf in relation to the transfer of the businesses.

Confidentiality and Indemnification

The merger agreement template includes comprehensive confidentiality and indemnification provisions to protect the interests of all parties involved.

Jurisdiction

This merger agreement is intended for use exclusively in Australia.

Before you co-purchase that holiday or investment property with friends or family members, draw up a Tenants in Common Agreement with this easy-to-use template for Australia.

• The Agreement can be used for time shares, holiday homes, or revenue properties.
• Provisions of the Agreement include:
  • the proportion of the property owned by each co-owner;
  • the time period during which each co-owner will have exclusive use of the property;
  • responsibility of each co-owner for property maintenance;
  • appointment of a management and letting agent;
  • rental of the property;
  • insurance, common costs, and utilities;
  • additional capital injections;
  • sale of property with and without pre-emption rights;
  • mortgage or encumbrance of the property;
  • market valuation;
  • power of attorney;
  • dispute resolution.
• The Agreement should be signed as a deed and registered at the Land Title Office.
• Available in MS Word format.
• Intended for use only for properties within Australia.