tiktok成人版

Personal Guarantee Agreement Template for Netherlands

A Personal Guarantee Agreement governed by Dutch law is a legally binding document where an individual or entity (the Guarantor) promises to be responsible for the financial obligations of another party (the Principal Debtor) to a third party (the Creditor). The agreement is structured in accordance with the Dutch Civil Code (Burgerlijk Wetboek), particularly Books 6 and 7, which govern contract law and specific provisions for guarantees (borgtocht). The document includes specific provisions required under Dutch law, including explicit written confirmation of the guarantee, clear maximum liability limits, and additional protective measures when the guarantor is a natural person acting outside their profession or business.

Typically:
i
This cost is based on prices provided by
6 legal services in your market.
With tiktok成人版:

拢0

i
Generate and export your first
document completely free.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Get template free

Your data doesn't train Genie's AI

You keep IP ownership聽of your docs

4.6 / 5
4.6 / 5
4.8 / 5

What is a Personal Guarantee Agreement?

The Personal Guarantee Agreement is a crucial security document used in the Netherlands when additional assurance is required for financial or commercial obligations. It is commonly utilized in business lending, real estate transactions, and commercial contracts where one party seeks security for another's obligations. The agreement must comply with Dutch law requirements, particularly the Dutch Civil Code (Burgerlijk Wetboek) provisions on suretyship (borgtocht). Key elements include clear identification of parties, explicit statement of guaranteed obligations, maximum liability limits, and specific protections for individual guarantors. The document is particularly important in scenarios where companies seek additional security for loans, leases, or other commercial arrangements, and when parent companies guarantee subsidiaries' obligations.

What sections should be included in a Personal Guarantee Agreement?

1. Parties: Identification of the Guarantor, the Creditor, and reference to the Principal Debtor

2. Background: Context of the guarantee, including reference to the principal debt/obligation being guaranteed

3. Definitions: Definitions of key terms used throughout the agreement

4. Guarantee: Core guarantee provisions, including scope and nature of the guaranteed obligations

5. Limit of Liability: Maximum amount of the Guarantor's liability and any limitations

6. Duration: Term of the guarantee and conditions for termination

7. Guarantor's Obligations: Detailed obligations of the Guarantor, including payment terms and conditions

8. Representations and Warranties: Guarantor's confirmations regarding their capacity and authority

9. Enforcement: Circumstances and process for enforcing the guarantee

10. Notices: Communication requirements and contact details

11. Governing Law and Jurisdiction: Confirmation of Dutch law application and jurisdiction

What sections are optional to include in a Personal Guarantee Agreement?

1. Consumer Protection Provisions: Required when the Guarantor is a natural person acting outside their profession/business

2. Security Rights: Include when additional security is provided alongside the guarantee

3. Financial Covenants: Include when the Guarantor must maintain specific financial conditions

4. Information Rights: Include when the Creditor requires ongoing financial information from the Guarantor

5. Multiple Guarantors: Required when there is more than one Guarantor, addressing joint and several liability

6. Assignment and Transfer: Include when transfer rights need to be specifically addressed

7. Costs and Expenses: Include when specific cost allocation needs to be addressed

What schedules should be included in a Personal Guarantee Agreement?

1. Schedule 1 - Guaranteed Obligations: Detailed description of the obligations being guaranteed

2. Schedule 2 - Principal Agreement: Copy or summary of the underlying agreement giving rise to the guaranteed obligations

3. Schedule 3 - Form of Demand: Template for making a demand under the guarantee

4. Appendix A - Financial Statements: Latest financial statements of the Guarantor (if required)

5. Appendix B - Corporate Authorizations: Corporate resolutions or powers of attorney (if Guarantor is a legal entity)

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok成人版 | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents

Jurisdiction

Netherlands

Document Type

Guarantor Agreement

Sector

Banking

Cost

Free to use

Find the exact document you need

Personal Guarantee

A Dutch law-governed agreement where an individual guarantees the financial obligations of another party, structured according to the Dutch Civil Code requirements.

Download

Agreement Of Personal Guaranty

A Dutch law-governed agreement where a guarantor commits to fulfilling another party's financial obligations if they default.

Download

Parent Guarantee Lease Agreement

A Dutch law-governed agreement where a parent company guarantees a tenant's lease obligations, providing security to the landlord.

Download

Lease Guaranty

A Dutch law-governed agreement where a third party guarantees a tenant's lease obligations to a landlord.

Download

Loan Agreement With Guarantor

Dutch law-governed loan agreement featuring a third-party guarantee, detailing loan terms and guarantor obligations in compliance with Dutch Civil Code requirements.

Download

Tenancy Agreement With Guarantor

Dutch law-governed residential tenancy agreement with guarantor provisions, establishing rights and obligations between landlord, tenant, and guarantor.

Download

Parent Guarantee Agreement

A Dutch law-governed agreement where a parent company guarantees its subsidiary's obligations to a third party, structured under the Dutch Civil Code framework.

Download

Lease Guaranty Form

A Dutch law-governed document establishing a guarantee arrangement to secure a lessee's obligations under a lease agreement.

Download

Guarantee Of Lease Form

A Dutch law-governed document establishing a guarantor's commitment to fulfill tenant obligations under a lease agreement in case of default.

Download

Deed Of Guarantee For Tenancy

A Dutch law deed establishing a third-party guarantee for a tenant's obligations under a lease agreement, providing security to landlords through legally enforceable commitments.

Download

Personal Guarantee Rental Agreement

A Dutch law agreement where a third party guarantees a tenant's rental obligations, providing security to landlords while protecting guarantor rights.

Download

Personal Guarantee Agreement

A Dutch law-governed agreement where a party guarantees the financial obligations of another party to a creditor, structured in compliance with the Dutch Civil Code.

Download

Guarantor On Lease Agreement

A Dutch law-governed agreement where a guarantor assumes responsibility for a tenant's obligations under a lease agreement.

Download

Lease Guarantor Form

A Dutch law-governed document establishing a third-party guarantee for lease obligations, securing the landlord's interests in a rental agreement.

Download

Guarantor Indemnity Agreement

A Dutch law agreement where a guarantor provides security through both guarantee and indemnity obligations for a principal debtor's obligations to a beneficiary.

Download

Loan Guarantor Agreement

A Dutch law-governed agreement where a guarantor commits to fulfill a borrower's loan obligations in case of default.

Download
See more related templates

骋别苍颈别鈥檚 Security Promise

Genie is the safest place to draft. Here鈥檚 how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; 骋别苍颈别鈥檚 AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

We are ISO27001 certified, so your data is secure

Organizational security:

You retain IP ownership of your documents and their information

You have full control over your data and who gets to see it