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Guarantee Fee Agreement
1. Parties: Identification of the guarantor and the beneficiary, including full legal names, registration numbers, and addresses
2. Background: Context of the agreement, reference to the underlying guarantee(s), and the purpose of the fee arrangement
3. Definitions: Definitions of key terms used throughout the agreement, including 'Guarantee', 'Guarantee Fee', 'Payment Date', etc.
4. Guarantee Fee: Details of the fee structure, calculation method, and amount
5. Payment Terms: Specification of payment dates, payment method, currency, and account details
6. Duration: Term of the agreement, including start date and conditions for termination
7. Representations and Warranties: Standard representations and warranties from both parties
8. Information Rights: Requirements for providing information related to the underlying guarantee and fee calculations
9. Notices: Communication procedures and contact details for formal notices
10. Governing Law and Jurisdiction: Specification of Danish law as governing law and jurisdiction for disputes
1. Multiple Guarantee Provisions: Required when the fee agreement covers multiple guarantees with different terms or fee structures
2. Fee Adjustment Mechanism: Needed when the fee may be adjusted based on specific triggers or circumstances
3. Security: Include when additional security is required for the fee payments
4. Tax Gross-Up: Required when tax implications need to be addressed explicitly
5. Regulatory Compliance: Include when specific regulatory requirements need to be addressed
6. Force Majeure: Optional clause for circumstances preventing fee payment or performance
7. Assignment and Transfer: Include when transfer rights need to be specifically addressed
1. Fee Calculation Schedule: Detailed methodology for calculating the guarantee fee, including any variables or formulas
2. Form of Payment Notice: Template for fee payment notices and invoicing requirements
3. Underlying Guarantee(s): Copy or summary of the guarantee(s) to which the fee relates
4. Payment Schedule: Detailed schedule of payment dates and amounts if fixed payments are agreed
5. Contact Details: List of key contacts and their roles for both parties
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