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The Loan Guarantor Agreement Template is designed for use in the United Arab Emirates when a third party agrees to guarantee the obligations of a borrower under a loan agreement. This document is essential in UAE banking and commercial transactions, providing security to lenders while complying with UAE Civil Code requirements and banking regulations. It can be used in both conventional and Islamic financing structures, incorporating necessary Sharia-compliant provisions. The template includes comprehensive provisions covering guarantee scope, enforcement rights, and guarantor obligations, making it suitable for various lending scenarios from corporate financing to personal loans. Given the UAE's specific legal requirements for guarantees, including those under Federal Law No. 5 of 1985 and Central Bank regulations, this template ensures all necessary elements for an enforceable guarantee are properly documented.

1. Parties: Identification of the Guarantor, Lender, and Borrower with full legal names and addresses

2. Background: Context of the guarantee, reference to the primary loan agreement, and purpose of the guarantee

3. Definitions: Definitions of key terms used throughout the agreement, including 'Guaranteed Obligations', 'Event of Default', and 'Guarantee Period'

4. Guarantee and Indemnity: Core guarantee provisions, including scope of the guarantee and nature of the guarantor's obligations

5. Extent of Guarantee: Specific details of what is being guaranteed, including maximum liability amount and duration

6. Guarantor's Representations and Warranties: Guarantor's confirmations regarding capacity, authority, and financial condition

7. Continuing Security: Provisions establishing the guarantee as continuing security until full discharge of the guaranteed obligations

8. Payments and Interest: Terms regarding payment obligations, including timing, currency, and applicable interest

9. Default and Enforcement: Circumstances constituting default and the lender's enforcement rights

10. Costs and Expenses: Allocation of costs related to the preparation and enforcement of the guarantee

11. Notices: Process and requirements for serving notices under the agreement

12. Governing Law and Jurisdiction: Specification of UAE law as governing law and jurisdiction for disputes