¶¶Òõ¶ÌÊÓƵ

Guarantee And Indemnity Agreement Template for Singapore

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Guarantee And Indemnity Agreement

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 of your information

Key Requirements PROMPT example:

Guarantee And Indemnity Agreement

"I need a Guarantee and Indemnity Agreement under Singapore law for our company to guarantee a SGD 2 million loan facility being provided to our subsidiary, with the agreement to be effective from March 1, 2025."

Document background
A Guarantee And Indemnity Agreement is commonly used in Singapore when additional security is required for commercial transactions or financial obligations. This document combines both guarantee and indemnity provisions, offering comprehensive protection to creditors against default or non-performance by principal debtors. It's particularly relevant in banking, property, and commercial contexts where credit risk needs to be managed. The agreement must comply with Singapore's Civil Law Act and related legislation, requiring written form and clear terms regarding the scope of guaranteed obligations and enforcement mechanisms.
Suggested Sections

1. Parties: Identification of guarantor, creditor, and principal debtor

2. Background: Context of the guarantee, reference to principal agreement

3. Definitions: Key terms used throughout the agreement

4. Guarantee and Indemnity: Core obligations of guarantor including scope of guarantee

5. Nature of Guarantee: Continuing security, principal debtor provisions

6. Preservation of Rights: Creditor's rights preservation clauses

7. Payments: Payment terms, timing, and method

8. Representations and Warranties: Guarantor's declarations regarding capacity and authority

Optional Sections

1. Security Provisions: Additional security arrangements - used when additional security is provided

2. Corporate Guarantor Provisions: Specific provisions for corporate guarantors - used when guarantor is a company

3. Multiple Guarantors: Joint and several liability provisions - used when more than one guarantor

Suggested Schedules

1. Principal Agreement: Copy or details of the agreement being guaranteed

2. Guaranteed Obligations: Detailed list of obligations covered by guarantee

3. Corporate Authorizations: Required when guarantor is a company - board resolutions etc.

Authors

Alex Denne

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

Relevant legal definitions

























Clauses




























Industries

Civil Law Act (Cap. 43): Key legislation governing guarantees in Singapore, particularly Section 6 requiring guarantees to be in writing and Section 4 on contractual formalities

Contracts (Rights of Third Parties) Act (Cap. 53B): Legislation governing how third parties may enforce contractual terms in the guarantee agreement

Unfair Contract Terms Act (Cap. 396): Regulates the reasonableness of contract terms and limitations on exclusion clauses in guarantee agreements

Contract Law Principles: Common law principles including consideration, capacity to contract, intention to create legal relations, and requirement for clear and unambiguous terms

Guarantee-Specific Principles: Common law principles specific to guarantees including co-extensiveness with principal debt, rights of subrogation, and rules regarding discharge of guarantor

Companies Act (Cap. 50): Relevant when corporate guarantors are involved, covering authority to provide guarantees and corporate benefit requirements

Banking Act (Cap. 19): Applicable when the guarantee involves regulated financial institutions

Bankruptcy Act (Cap. 20) and Insolvency, Restructuring and Dissolution Act 2018: Governs the impact of guarantor's bankruptcy and provisions regarding void and voidable transactions

Money-lending legislation: Relevant when the guarantee relates to money-lending transactions

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

Third Party Indemnity Agreement

find out more

Indemnity & Undertaking Agreement

find out more

Indemnification And Hold Harmless Agreement

find out more

Indemnification Agreement For Officers And Directors

find out more

Release And Indemnification Form

find out more

Personal Indemnity Form

find out more

Insurance And Indemnification Agreement

find out more

Indemnity Consent Form

find out more

Deed Of Indemnity Form

find out more

Contractor Indemnity Agreement

find out more

Consent And Indemnity Form

find out more

Environmental Indemnity Agreement Form

find out more

Parents Release And Indemnity Agreement

find out more

Indemnity Agreement For Surety Bond

find out more

Parental Indemnity Agreement

find out more

Guarantee And Indemnity Form

find out more

Event Indemnity Form

find out more

Indemnification Agreement

find out more

Contribution And Indemnity Agreement

find out more

Parental Indemnity Form

find out more

Liability Assumption Agreement

find out more

Contractor Indemnification Agreement

find out more

Release Of Liability And Indemnity Agreement

find out more

Hold Harmless Indemnity Agreement

find out more

Indemnification Form

find out more

Indemnity Form

find out more

Guarantee And Indemnity Agreement

find out more

Mutual Indemnification Agreement

find out more

Contract Of Indemnity And Guarantee

find out more

Release Indemnification And Hold Harmless Agreement

find out more

Letter Of Indemnity Form

find out more

Release And Indemnity Agreement

find out more

Indemnification Contract

find out more

Indemnity Contract

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.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

³Ò±ð²Ô¾±±ð’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; ³Ò±ð²Ô¾±±ð’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

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 £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.