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The Bank Personal Guarantee is a crucial security document in UAE banking practice, commonly used when companies seek financial facilities from banks. It provides additional security to the bank by making an individual personally liable for a company's debt obligations. The document must comply with UAE Civil Code requirements, Commercial Code provisions, and Central Bank regulations. It is particularly important in the UAE business context where personal guarantees are frequently required from company shareholders or directors as additional security for corporate borrowing. The guarantee typically includes detailed provisions about the scope of guaranteed obligations, enforcement mechanisms, and the guarantor's representations and warranties. It requires careful drafting to ensure enforceability under UAE law and often needs to be notarized.

1. Parties: Identification of the Bank (beneficiary), the Principal Debtor, and the Guarantor with full legal names and details

2. Background: Context of the guarantee, including reference to the underlying facility or debt being guaranteed

3. Definitions: Key terms used in the guarantee, including 'Guaranteed Obligations', 'Security', 'Event of Default'

4. Guarantee and Indemnity: Core guarantee provisions, amount, scope, and nature of the guarantee (continuing, unconditional, irrevocable)

5. Extent of Liability: Maximum liability amount and specification of covered obligations

6. Guarantor's Representations and Warranties: Statements about guarantor's capacity, authority, and financial condition

7. Payment Provisions: Terms for making payments, currency, method, and timing

8. Enforcement and Recovery: Bank's rights upon default and enforcement mechanisms

9. Continuing Security: Provision establishing the guarantee as continuing security until full discharge

10. No Discharge or Release: Circumstances that do not affect the guarantee's validity

11. Communications: Notice requirements and contact details

12. Governing Law and Jurisdiction: Specification of UAE law and jurisdiction of UAE courts