Ƶ

Guarantee Promissory Note for Hong Kong

Guarantee Promissory Note Template for Hong Kong

A Guarantee Promissory Note under Hong Kong law is a hybrid financial instrument that combines a promissory note's unconditional promise to pay with a guarantee agreement. The document is governed by the Hong Kong Bills of Exchange Ordinance and the Law Amendment and Reform (Consolidation) Ordinance, providing security to the payee through both a primary obligation from the maker and a secondary guarantee from a guarantor. This instrument is commonly used in commercial transactions where additional security is required beyond the primary debtor's promise to pay.

Your data doesn't train Genie's AI

You keep IP ownership of your information

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

Download a Standard Template

4.6 / 5
4.8 / 5
Access for free
OR

Alternatively: Run an advanced review of an existing
Guarantee Promissory Note

Let Ƶ's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.

What is a Guarantee Promissory Note?

A Guarantee Promissory Note is utilized in situations where a creditor requires both a direct promise of payment and additional security through a guarantee. This document type is particularly relevant in Hong Kong's commercial environment, where it provides a streamlined way to document both the primary debt obligation and the guarantee in a single instrument. The document must comply with Hong Kong's Bills of Exchange Ordinance for the promissory note aspects and the Law Amendment and Reform (Consolidation) Ordinance for the guarantee provisions. It typically includes details of the payment obligation, interest terms, guarantee provisions, and enforcement mechanisms. This format is especially useful in commercial lending, trade finance, and business transactions where the creditor seeks additional security beyond the primary debtor's promise to pay.

What sections should be included in a Guarantee Promissory Note?

1. Parties: Identifies the Maker (primary debtor), the Payee (creditor), and the Guarantor

2. Primary Promise to Pay: Unconditional promise by the Maker to pay a specific sum of money to the Payee, including the amount, currency, and due date

3. Interest Terms: Specifies the interest rate, calculation method, and payment frequency

4. Guarantee: The Guarantor's unconditional and irrevocable guarantee to pay the promised sum if the Maker defaults

5. Demand and Enforcement: Procedures for making demand for payment and enforcement rights

6. Representations and Warranties: Basic representations by both Maker and Guarantor regarding capacity and authority

7. Execution Block: Signature blocks for all parties with proper attestation requirements

What sections are optional to include in a Guarantee Promissory Note?

1. Security: Include when the note is secured by specific assets or collateral

2. Payment Schedule: Include when payments are to be made in installments rather than as a single payment

3. Default Interest: Include when there is a different interest rate applicable upon default

4. Transferability: Include when the note needs to be transferable or negotiable

5. Guarantee Limitations: Include when the guarantee is subject to specific limitations or conditions

6. Joint and Several Liability: Include when there are multiple makers or guarantors

What schedules should be included in a Guarantee Promissory Note?

1. Payment Schedule: Detailed schedule of installment payments if applicable

2. Security Details: Description of any security or collateral provided

3. Guarantee Limit Calculation: If the guarantee is limited, the method of calculating the guarantee amount

4. Notice Details: Contact information and addresses for service of notices for all parties

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

Hong Kong

Publisher

Ƶ

Document Type

Guarantee Agreement

Sector

Banking

Cost

Free to use
Relevant legal definitions


























Clauses
























Relevant Industries

Banking and Financial Services

Commercial Lending

Corporate Finance

Real Estate

Trading and Commerce

Manufacturing

Import/Export

Small and Medium Enterprises

Professional Services

Investment

Relevant Teams

Legal

Finance

Treasury

Credit

Risk Management

Compliance

Commercial Operations

Corporate Secretarial

Banking Relations

Relevant Roles

Chief Financial Officer

Finance Director

Treasury Manager

Credit Manager

Legal Counsel

Commercial Director

Risk Manager

Company Secretary

Financial Controller

Credit Officer

Compliance Officer

Banking Relationship Manager

Industries





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,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Rental Form For Landlords

Standard rental documentation package for Hong Kong landlords, including tenancy agreements and supporting forms, compliant with Hong Kong property law.

Download

Guarantor Form As Attachment To Lease

A Hong Kong law-governed guarantee document attached to a lease agreement where a third party guarantees the tenant's obligations to the landlord.

Download

Personal Demand Letter

A formal written demand for payment of outstanding debt under Hong Kong law, serving as a pre-litigation notice to debtors.

Download

Guarantor Letter For Employment

A Hong Kong law-governed letter where a guarantor assumes responsibility for an employee's obligations or performance to their employer.

Download

Limited Company Shareholder Agreement

A Hong Kong law-governed agreement establishing rights and obligations between shareholders in a limited company, defining ownership, governance, and operational framework.

Download

Loan Payment Agreement

A Hong Kong law-governed agreement establishing loan repayment terms between lender and borrower, including payment schedule and security arrangements.

Download

Loan Guarantee

A Hong Kong law-governed agreement where a Guarantor guarantees a Borrower's financial obligations to a Lender.

Download

Promissory Note For Tuition Fee With Partial Payment

A Hong Kong law-governed promissory note establishing structured partial payment arrangements for tuition fees, with detailed payment terms and enforcement mechanisms.

Download

Payment For Non Compete Agreement

A Hong Kong law-governed agreement providing monetary compensation in exchange for post-employment competitive restrictions.

Download

Contingent Purchase Agreement

A Hong Kong law-governed agreement setting out terms for a purchase transaction subject to specific conditions being met before completion.

Download

Personal Guarantee Rental Agreement

A Hong Kong law-governed agreement where a guarantor provides security for a tenant's rental obligations by personally guaranteeing their performance.

Download

Personal Guarantee Form For Commercial Lease

A Hong Kong law-governed document establishing a personal guarantee for a commercial lease, securing tenant obligations through individual guarantor commitments.

Download

Personal Guarantee Agreement

A Hong Kong law-governed agreement where a guarantor assumes responsibility for another party's obligations to a creditor, providing additional security for business or financial arrangements.

Download

Loan Guarantee Agreement

A Hong Kong law-governed agreement where a guarantor assumes responsibility for a debtor's loan obligations to a lender.

Download

Loan Amendment Agreement

A Hong Kong law-governed document that modifies existing loan agreement terms between lenders and borrowers, documenting changes to financial and operational provisions.

Download

Lease For Residential Property

Hong Kong law-compliant residential lease agreement establishing terms and conditions for residential property letting, including statutory requirements and local market practices.

Download

Guaranty Agreement

A Hong Kong law-governed agreement where a guarantor assumes responsibility for another party's obligations to a creditor.

Download

Guarantee Rental Agreement

A Hong Kong law-governed agreement combining a rental lease with a third-party guarantee to secure the tenant's obligations under the tenancy.

Download

Commission Fee Agreement

A Hong Kong law-governed agreement establishing commission-based compensation terms between a principal and agent, including payment structures and mutual obligations.

Download

Commercial Lease Ending Notice

A Hong Kong-compliant formal notice document for terminating commercial lease agreements, issued by either tenant or landlord.

Download

Parent Consent Letter For Working Student

A Hong Kong-compliant parental consent letter authorizing student employment, required under local labor laws for working students under 15.

Download

Guarantee And Indemnity Form

A Hong Kong law-governed document establishing guarantee and indemnity obligations where a Guarantor assumes responsibility for another party's debts or obligations to a Creditor.

Download

Performance Bank Guarantee In Tender

A Hong Kong law-governed bank guarantee securing a bidder's obligations in a tender process, providing financial protection to the tender issuing organization.

Download

Guarantor Rental Agreement

A Hong Kong-governed agreement where a third party guarantees a tenant's obligations under a rental agreement, providing additional security for landlords.

Download

Contract Of Employment Domestic Worker

Hong Kong domestic worker employment contract establishing terms and conditions between household employer and domestic worker, compliant with local employment and immigration laws.

Download

Joint Employment Contract

A Hong Kong law-governed contract establishing dual employment relationship between an employee and two distinct employers, defining shared responsibilities and obligations.

Download

Guarantee Promissory Note

A Hong Kong law-governed financial instrument combining a promissory note with a guarantee agreement, providing secured promise of payment with guarantor backing.

Download

Guarantee Letter

A Hong Kong law-governed written undertaking where a guarantor promises to be responsible for another party's obligations to a beneficiary.

Download

Rent Demand Letter

A formal legal notice used in Hong Kong to demand payment of overdue rent from a tenant, serving as a prerequisite to potential legal action.

Download

Guarantor Tenancy Agreement

A Hong Kong law-governed tenancy agreement that includes a guarantor who provides security for the tenant's obligations under the lease.

Download

Guaranteed Employment Contract

A Hong Kong law-governed employment contract guaranteeing fixed-term employment, typically used for senior executives and key personnel.

Download

Guaranteed Uptime SLA

Hong Kong-governed service level agreement establishing guaranteed uptime commitments with specific performance metrics and remedies.

Download

Guarantee And Indemnity Agreement

A Hong Kong law-governed agreement where a guarantor assumes responsibility for another party's obligations through both guarantee and indemnity provisions.

Download

Personal Guarantee Promissory Note

A Hong Kong law-governed instrument combining a promissory note with a personal guarantee, providing creditors with dual recourse against both the maker and guarantor for payment obligations.

Download

Personal Guarantee Letter

A Hong Kong law-governed document where an individual guarantees to fulfill another party's financial obligations if they default.

Download

Guarantee Facility Agreement

A Hong Kong law-governed agreement establishing a guarantee arrangement for a credit facility, detailing the guarantor's obligations to secure the borrower's debt.

Download

Personal Guarantee Loan Agreement

A Hong Kong law-governed agreement where an individual guarantees a loan, detailing guarantee obligations and enforcement rights in compliance with local regulations.

Download

Guarantee Agreement

A Hong Kong law-governed agreement where one party guarantees the obligations or debts of another party to a beneficiary.

Download
See more related templates

ұԾ’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ұԾ’s 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