Deed Of Guarantee
Deed Of Guarantee
This Deed of Guarantee ("Deed") is made on this day [Date], by and between [Your Name], herein referred to as the "Guarantor", residing or having a place of business at [Your Company Address], and [Your Company Name], herein referred to as the "Beneficiary", located at [Your Company Address].
I. Purpose of the Guarantee
The purpose of this Deed is to guarantee the required obligations, payments, and performance of [Debtor Name] ("Debtor"), having a place of business at [Debtor Address], towards the Beneficiary under the terms and conditions of the Agreement dated [Date]. This includes but is not limited to, financial obligations, completion of certain actions, and adherence to agreement standards and specifications.
II. Guarantee Terms
A. Terms of Guarantee
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The Guarantor unconditionally guarantees the faithful performance and payment by the Debtor of all the duties and financial obligations described in the Agreement.
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This Guarantee will remain in full force and effect until the complete performance of the obligations covered herein.
B. Obligations Guaranteed
|
# |
Obligation |
Due Date |
|---|---|---|
|
1 |
Payment of invoices |
[Due Date] |
|
2 |
Delivery of services |
[Service Completion Date] |
III. Representations and Warranties
The Guarantor represents and warrants that:
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They have full power and authority to enter into this Deed.
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The execution and delivery of this Deed do not violate any legal binding upon them.
IV. Covenants of the Guarantor
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The Guarantor shall not revoke or terminate this guarantee without the Beneficiary's written consent.
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The Guarantor agrees to provide annual financial statements upon request to maintain transparency and trust.
V. Miscellaneous
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This Deed is binding upon and shall inure to the benefit of the parties, their successors, and permitted assigns.
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This Deed may be executed in counterparts, each of which shall be deemed an original, but all of which together shall constitute the same instrument.
VI. Governing Law
This Deed shall be governed by, and construed following, the laws of the state of [State].
VII. Signatures
IN WITNESS WHEREOF, the parties hereto have executed this Deed of Guarantee as of the date first above written.
Guarantor:
[YOUR NAME]
Beneficiary:
[Debtor Name]
This deed was acknowledged before me on this date by [YOUR NAME], Guarantor, and [Debtor Name], Debtor.
[NOTARY PUBLIC]
