tiktok成人版

Singapore
Legal Templates
Corporate Performance Guarantee

Corporate Performance Guarantee Template for Singapore

Create a bespoke document in minutes, or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Corporate Performance Guarantee

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership聽of your information

Key Requirements PROMPT example:

Corporate Performance Guarantee

"I need a Corporate Performance Guarantee for our Singapore subsidiary to guarantee the construction obligations of our Malaysian contractor for a shopping mall project, with a maximum liability of SGD 10 million and an expiry date of June 30, 2025."

Celebrated by
Collaborations with
Investors

What is a Corporate Performance Guarantee?

Corporate Performance Guarantees are essential risk mitigation tools in commercial transactions under Singapore law. These guarantees are commonly used when there's a need to secure the performance obligations of a party in various commercial contexts, from construction projects to financial transactions. The document outlines the scope of the guarantee, payment terms, enforcement mechanisms, and the guarantor's obligations. Under Singapore's legal framework, Corporate Performance Guarantees must comply with specific requirements under the Companies Act, Contracts Act, and relevant common law principles, ensuring their enforceability and effectiveness as security instruments.

What sections should be included in a Corporate Performance Guarantee?

1. Parties: Identification of the Guarantor (company providing guarantee) and Beneficiary (party receiving guarantee)

2. Background: Context of the guarantee, including details of the underlying obligation being guaranteed

3. Definitions: Key terms used throughout the guarantee agreement

4. Guarantee and Indemnity: Core obligations of the guarantor, scope of guarantee, and indemnification provisions

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

6. Representations and Warranties: Statements of fact and assurances by the guarantor

7. Payment Provisions: Terms and conditions for making payments under the guarantee

8. Governing Law and Jurisdiction: Specification of Singapore law and jurisdiction clauses

What sections are optional to include in a Corporate Performance Guarantee?

1. Security Provisions: Additional security arrangements - used when additional security is required beyond the guarantee

2. Step-In Rights: Rights of beneficiary to take over guaranteed obligations - used in project-specific or construction guarantees

3. Currency Provisions: Specific provisions for handling multiple currencies - used when guarantee involves cross-border transactions

4. Assignment and Transfer: Rights to assign or transfer the guarantee - used when parties anticipate potential transfers

What schedules should be included in a Corporate Performance Guarantee?

1. Corporate Authorizations: Board resolutions and other corporate approvals

2. Form of Demand: Template for making claims under the guarantee

3. Underlying Agreement Details: Summary or extract of the agreement being guaranteed

4. Financial Covenants: Specific financial requirements and metrics applicable to the guarantee

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 | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions


























Clauses






























Industries

Contracts Act (Cap. 53): Primary legislation governing contract formation, validity requirements, consideration principles, and contractual obligations in Singapore

Companies Act (Cap. 50): Regulates corporate capacity to provide guarantees, authority requirements, directors' duties, and corporate benefit doctrine

Civil Law Act (Cap. 43): Contains provisions relating to guarantees, writing requirements, and enforcement of guarantees

Common Law Principles: Encompasses rules regarding guarantees and indemnities, principles of construction, and discharge of guarantees

Banking and Financial Regulations: Includes MAS guidelines and Banking Act requirements relevant to corporate guarantees

Statute of Frauds Requirements: Stipulates the need for written documentation and essential terms to be included in guarantees

Stamp Duties Act: Governs applicable stamp duty requirements and timing for stamping of guarantee documents

Corporate Authorization Requirements: Covers board resolutions, shareholder approval requirements, and constitutional document compliance

Registration Requirements: Details necessary filings with ACRA (Accounting and Corporate Regulatory Authority) and other regulatory notifications

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Corporate Performance Guarantee

A Singapore law-governed guarantee where a corporate entity ensures the performance obligations of another party, backed by legal enforceability under Singapore jurisdiction.

find out more

Advance Performance Guarantee

A Singapore-law governed financial guarantee securing the performance obligations of a contractor or supplier, typically issued by a bank.

find out more

Contract Performance Guarantee

A Singapore-law governed guarantee ensuring contractual performance through financial security provided by a third-party guarantor.

find out more

Performance Guarantee Bond

A Singapore-law governed financial guarantee securing a contractor's performance obligations, typically issued by a bank.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

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

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

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

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a 拢1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our for more details and real-time security updates.

Read our Privacy Policy.