Products tagged with 'personal guarantee'

Lenders in Australia can ensure repayment of a corporate loan by having a principal of the corporate borrower execute this Guarantee Deed and Indemnity.

When to Use the Guarantee Deed

Every loan from a lender to a corporate entity should include a personal guarantee in order to secure repayment of the loan. 

Main Provisions of Agreement

A director, officer, or shareholder (the guarantor) guarantees the repayment of 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.

Scope of the Guarantee

This is a continuing guarantee which will remain in effect until all of the corporate borrower's indebtedness to the lender has been paid in full.

Format and Use of Template

This legal form template can be used anywhere throughout Australia. It is available in MS Word format and is customizable and reusable.

Lenders, demand payment from a guarantor under a loan document with this Demand Letter to Guarantor.

• The letter informs the guarantor that the debtor whose indebtedness was guaranteed by the guarantor has defaulted in making payments towards the loan.
• The lender demands that the guarantor pay the outstanding amount by a certain date.
• This template is available in MS Word format and is easy to download, fill in with your details, and print.
• The form can be used almost anywhere that does not have a statutory form.