The Guarantor Agreement is a crucial legal instrument in Maltese commercial and financial transactions, used when additional security is required for obligations between parties. This document, governed by Maltese law, particularly the Civil Code's provisions on suretyship, establishes a three-party relationship where a guarantor assumes responsibility for another party's obligations. The agreement is commonly used in various contexts, including loan agreements, lease arrangements, and commercial contracts, where the creditor requires additional assurance of payment or performance. The document includes essential provisions regarding the scope of the guarantee, enforcement mechanisms, and the rights and obligations of all parties, while ensuring compliance with Maltese legal requirements for valid guarantees.
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:
Guarantor Agreement
"I need a Guarantor Agreement under Maltese law where ABC Holdings Ltd will guarantee a 鈧2.5 million business loan from Mediterranean Bank plc to XYZ Developments Ltd, with the guarantee period starting from March 1, 2025."
1. Parties: Identification of the Guarantor, Principal Debtor, and Creditor with full legal names and addresses
2. Background: Context of the guarantee, including reference to the principal debt or obligation being guaranteed
3. Definitions: Key terms used throughout the agreement, including 'Guaranteed Obligations', 'Security', and 'Event of Default'
4. Guarantee and Indemnity: Core section detailing the guarantee obligations, scope, and indemnification provisions
5. Nature and Extent of Guarantee: Specifies whether the guarantee is continuing, limited or unlimited, and any maximum liability caps
6. Guarantor's Representations and Warranties: Confirmations regarding capacity, authority, and financial condition of the Guarantor
7. Payment Provisions: Terms for making payments, including timing, method, and currency
8. Preservation of Rights: Creditor's rights preservation, including right to pursue either Guarantor or Principal Debtor
9. Enforcement: Circumstances and procedures for enforcing the guarantee
10. Costs and Expenses: Allocation of costs related to the preparation and enforcement of the guarantee
11. Notices: Communication procedures between parties
12. Governing Law and Jurisdiction: Confirmation of Maltese law governance and jurisdiction for disputes
1. Security: Include when the guarantee is supported by specific security arrangements or assets
2. Joint and Several Liability: Required when there are multiple guarantors
3. Corporate Guarantor Provisions: Specific provisions required when the guarantor is a company
4. Assignment and Transfer: Include when rights under the guarantee may need to be transferred
5. Bank Account Details: Include when regular payments are required under the guarantee
6. Consumer Protection Provisions: Required when the guarantor is acting as a consumer
7. Independent Legal Advice: Include when there's a requirement for the guarantor to obtain independent legal advice
8. Currency Provisions: Include for cross-border transactions involving multiple currencies
1. Schedule 1 - Guaranteed Obligations: Detailed description of the obligations being guaranteed
2. Schedule 2 - Guarantee Limitation Amount: Specific details of any caps or limitations on the guarantee amount
3. Schedule 3 - Security Assets: List and description of any assets provided as security (if applicable)
4. Schedule 4 - Principal Agreement: Copy or key terms of the agreement giving rise to the guaranteed obligations
5. Appendix A - Form of Demand: Standard form for making a demand under the guarantee
6. Appendix B - Legal Advice Certificate: Template certificate confirming independent legal advice (if required)
Authors
Relevant legal definitions
Clauses
Relevant Industries
Banking
Financial Services
Real Estate
Construction
Manufacturing
Retail
Healthcare
Education
Hospitality
Professional Services
Technology
Telecommunications
Relevant Teams
Legal
Finance
Risk Management
Compliance
Credit
Treasury
Commercial
Corporate Secretarial
Business Development
Operations
Relevant Roles
Chief Financial Officer
Finance Director
Credit Manager
Risk Manager
Legal Counsel
Commercial Director
Treasury Manager
Accounts Manager
Compliance Officer
Business Development Manager
Contract Manager
Company Secretary
Financial Controller
Credit Analyst
Legal Director
Find the exact document you need
Guarantor Agreement
A Maltese law-governed agreement where a guarantor commits to secure the obligations of a principal debtor to a creditor.
find out more
Guarantee Of Rental Lease Agreement
A Pakistani law-governed agreement where a guarantor commits to fulfill a tenant's lease obligations in case of default.
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.
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.