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The Guarantees & Indemnity Agreements Business/Services Section
Guarantee of Lease
 This guarantor is, in effect, a co-signer for the lease obligation. The guarantor agrees that if any of the rental payments are late or not paid, they will make the payments. The guarantor also agrees that the guarantee may be enforced without having to first proceed against the lessee for defaultng. |
Guarantee and Postponement of Claim
| This form provides for a guarantor for the repayment of a debt. This guarantor is, in effect, a co-signer for the obligation. The guarantor agrees that if any of the payments are late or not paid, they will make the payments. The guarantor also agrees that the guarantee may be enforced without having to first exhaust all other remedies against the borrower. A mere default by the borrower without any court action will suffice to require the guarantor to make good on the obligation. In addition, this particular guarantee also includes a postponement of any claim the guarantor my have against the borrower until such time as the debt owed to the creditor is paid off. This form includes special formatting features to assist you in completing the agreement. |
Guarantee by Parent of Debt of Subsidiary
| This form provides for a guarantor for the repayment of a debt. More specifically, this is a guarantee whereby a parent corporation will guarantee the purchase of a third party business by its subsidary. This guarantor is, in effect, a co-signer for the obligation. The guarantor (the parent) agrees that if any of the payments or performances are not made by the subsidary, the parent will perform/pay such obligations. The guarantor also agrees that the guarantee may be enforced without having to first exhaust all other remedies against the borrower. A mere default by the borrower without any court action will suffice to require the guarantor to make good on the obligation. This form includes special formatting features to assist you in completing the agreement. |
Guarantee of All Debts - Limited Recourse
| This form provides for a guarantor for the repayment of a debt. This guarantor is, in effect, a co-signer for all of the obligations of a borrower to a specific lender. The guarantor agrees that if any of the payments are late or not paid, they will make the payments. The guarantor also agrees that the guarantee may be enforced without having to first sue the borrower for defaulting on the debt. A mere default by the borrower without any court action will suffice to require the guarantor to make good on the obligation. This form differs from other guarantees in that the guarantor in that if there is a default by the borrower, the lender only has recourse against a specific asset of the guarantor and may not go after any of guarantor's other property. This form includes special formatting features to assist you in completing the agreement. |
Guarantee of All Debts - Limited
| This form provides for a guarantor for the repayment of a debt. This guarantor is, in effect, a co-signer for an obligation. The guarantor agrees that if any of the payments are late or not paid, they will make the payments. The guarantor also agrees that the guaranty may be enforced without having to first sue the borrower for defaulting on the debt. A mere default by the borrower without any court action will suffice to require the guarantor to make good on the obligation. This form differs from other guarantees in that the guarantor is only guaranteeing the borrowers debt up to a certain amount. After that amount is reached, the guarantor will not have any further obligations. This form includes special formatting features to assist you in completing the agreement. |
Guarantee of All Debts - Unlimited
| This form provides for a guarantor for the repayment of a debt. This guarantor is, in effect, a co-signer for all of the obligations of a borrower to a specific lender. The guarantor agrees that if any of the payments are late or not paid, they will make the payments. The guarantor also agrees that the guarantee may be enforced without having to first sue the borrower for defaulting on the debt. A mere default by the borrower without any court action will suffice to require the guarantor to make good on the obligation. This form differs from other guarantees in that there is no set limit to the guarantors obligations under the agreement . This form includes special formatting features to assist you in completing the agreement. |
Guarantee of Specific Debts
| This form provides for a guarantor for the repayment of a specific debt. This guarantor is, in effect, a co-signer for a specific obligation of a borrower to a lender. The guarantor agrees that if any of the payments are late or not paid, they will make the payments. The guarantor also agrees that the guarantee may be enforced without having to first sue the borrower for defaulting on the debt. A mere default by the borrower without any court action will suffice to require the guarantor to make good on the obligation. This form includes special formatting features to assist you in completing the agreement. |
Share Pledge Agreement
| A lender may want additional assurance that the borrower will repay a debt. This assurance usually takes the form of collateral, property pledged as security for a debt. To ensure that that collateral is collectible in the case of a default, the parties will enter into a security agreement, an agreement that sets out the rights of the lender with regard to the collateral. This form is designed for situations when the debtor's shares in a corporation will serve as the security. This form includes special formatting features to assist you in completing the agreement. |
Indemnity Against Creditors of Seller
| An indemnity agreement is an agreement whereby one party agrees to protect another party against certain future losses or claims. This indemnity protects the party selling a business from any claims that the creditors of the business may make against him. |