The Personal Guarantee Agreement is a crucial document in Singapore's financial and business landscape, commonly used when a creditor requires additional security for extending credit or loans. It creates a legally binding commitment where the guarantor agrees to fulfill the principal debtor's obligations if they default. Under Singapore law, these agreements must be in writing and typically include specific provisions about the guaranteed obligations, enforcement procedures, and the rights and obligations of all parties. The document is particularly relevant in business financing, property transactions, and corporate lending scenarios where additional security is required beyond the primary borrower's commitments.
Personal Guarantee Agreement for Singapore
Create a bespoke document in minutes, or upload and review your own.
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:
Personal Guarantee Agreement
"I need a Personal Guarantee Agreement for my company's loan facility where our CEO will personally guarantee a S$2 million business expansion loan from DBS Bank, to be executed by March 2025."
Your data doesn't train Genie's AI
You keep IP ownership聽of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
1. Parties: Identifies the guarantor, creditor, and principal debtor
2. Background: Explains the context and purpose of the guarantee
3. Definitions: Defines key terms used throughout the agreement
4. Guarantee and Indemnity: Core provisions detailing the guarantee obligations
5. Scope of Guarantee: Defines extent and limitations of the guarantee
6. Duration: Specifies term and termination conditions
7. Representations and Warranties: Guarantor's confirmations regarding capacity and authority
1. Multiple Guarantors: Additional provisions required when more than one guarantor is involved
2. Security Provisions: Details any security provided alongside guarantee, including terms of enforcement
3. Currency Provisions: Handles currency conversion and payment terms for cross-border or multi-currency transactions
1. Principal Agreement: Copy of the main agreement being guaranteed
2. Guaranteed Obligations: Detailed list of obligations covered by guarantee
3. Form of Demand: Template for making demands under the guarantee
4. Security Details: Description of any security provided (if applicable)
Authors
Relevant legal definitions
Clauses
Relevant Industries
Relevant Teams
Relevant Roles
Find the exact document you need
Tenancy Agreement With Guarantor
A Singapore-compliant rental agreement featuring a guarantor who provides additional security for the tenant's obligations.
find out more
Parent Guarantee Agreement
A Singapore law-governed agreement where a parent company guarantees the obligations of its subsidiary to a third party.
find out more
Lease Guaranty Agreement
A Singapore law-governed agreement where a guarantor secures a tenant's lease obligations to a landlord.
find out more
Deed Of Guarantee For Tenancy
A Singapore law-governed deed where a guarantor assumes responsibility for a tenant's obligations under a lease agreement if the tenant defaults.
find out more
Personal Guarantee Agreement
A Singapore law-governed agreement where a guarantor assumes responsibility for another party's obligations to a creditor.
find out more
Guarantor Indemnity Agreement
A Singapore law agreement where a guarantor commits to securing another party's obligations through both guarantee and indemnity provisions.
find out more
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
.png)