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Guaranty Fee Agreement
1. Parties: Identification of the parties to the agreement: the guarantor, the beneficiary of the guarantee, and the party responsible for paying the guarantee fee
2. Background: Context of the agreement, including reference to the underlying obligation being guaranteed
3. Definitions: Definitions of key terms used throughout the agreement
4. Guarantee Fee: Details of the fee amount, calculation method, and payment terms
5. Payment Terms: Specific provisions regarding timing, method, and currency of fee payments
6. Duration: Term of the agreement and conditions for its continuation or termination
7. Obligations of the Parties: Specific duties and responsibilities of each party under the agreement
8. Default and Remedies: Consequences of non-payment or breach of obligations
9. Notices: Requirements for formal communications between parties
10. Governing Law and Jurisdiction: Confirmation of Danish law as governing law and jurisdiction for disputes
11. Signatures: Execution block for all parties
1. Security: Include when additional security is required for the guarantee fee payments
2. Tax Provisions: Include when there are specific tax implications or requirements regarding the guarantee fee
3. Currency Conversion: Include when payments may be made in multiple currencies
4. Force Majeure: Include when parties want specific provisions for handling unforeseen circumstances
5. Assignment: Include when transfer rights need to be specifically addressed
6. Confidentiality: Include when sensitive information will be shared between parties
7. Third Party Rights: Include when third parties may have rights under the agreement
8. Amendments: Include when specific amendment procedures are required
1. Fee Calculation Schedule: Detailed methodology for calculating the guarantee fee, including any variables or formulas
2. Payment Schedule: Specific dates and amounts for fee payments throughout the term
3. Form of Notice: Template for formal notices under the agreement
4. Underlying Guarantee: Copy or summary of the guarantee being fee'd
5. Contact Details: Detailed contact information for all parties and their representatives
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