The Guarantor Indemnity Agreement is commonly used in the Netherlands when additional security is required for financial or commercial obligations. It serves as a risk mitigation tool where a third party (the guarantor) agrees to guarantee and indemnify the obligations of a principal debtor. This document is particularly valuable in commercial lending, corporate transactions, and real estate dealings where the creditor requires additional comfort beyond the principal debtor's covenant. The agreement must comply with Dutch Civil Code requirements and includes specific provisions for both guarantee and indemnity obligations, making it a more robust security instrument than a simple guarantee. It's essential when the underlying transaction value is significant or when the principal debtor's financial standing alone is insufficient to satisfy the creditor's requirements.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Your data doesn't train Genie's AI
You keep IP ownership of your docs
1. Parties: Identification of the Guarantor, the Beneficiary (Creditor), and reference to the Principal Debtor
2. Background: Context of the underlying obligation and the purpose of the guarantee and indemnity
3. Definitions: Definitions of key terms including 'Guaranteed Obligations', 'Principal Agreement', and other relevant terms
4. Guarantee: The primary guarantee obligations, including scope, limitations, and nature of the guarantee
5. Indemnity: The indemnity provisions, structured as a separate primary obligation
6. Representations and Warranties: Guarantor's confirmations regarding capacity, authority, and understanding of obligations
7. Payment Provisions: Terms regarding timing, method, and currency of payments, including tax gross-up if applicable
8. Continuing Security: Provisions establishing the guarantee as continuing security until full discharge
9. Enforcement: Circumstances and procedures for enforcement of the guarantee and indemnity
10. Preservation of Rights: Provisions preserving the beneficiary's rights in various circumstances
11. Notices: Communication requirements and contact details
12. Governing Law and Jurisdiction: Confirmation of Dutch law governance and jurisdiction of Dutch courts
1. Consumer Protection Provisions: Required when the guarantor is a natural person, including mandatory warnings and acknowledgments under Dutch law
2. Corporate Guarantor Provisions: Additional provisions required for corporate guarantors, including corporate benefit statements
3. Financial Covenants: Optional financial maintenance requirements for the guarantor
4. Security Interest: Additional security provisions if the guarantee is secured by specific assets
5. Multiple Guarantors: Provisions governing the relationship between multiple guarantors if applicable
6. Currency Conversion: Provisions for handling multiple currencies if the guaranteed obligations involve different currencies
7. Assignment and Transfer: Provisions regarding the ability to transfer or assign rights under the guarantee
1. Form of Demand: Template for making a demand under the guarantee
2. Principal Agreement: Copy or summary of the underlying agreement being guaranteed
3. Guaranteed Obligations: Detailed description or calculation of the guaranteed obligations
4. Corporate Authorizations: Copies of relevant corporate approvals and authorizations
5. Contact Details: Detailed contact information for all parties for notices and communications
Find the exact document you need
Personal Guarantee
A Dutch law-governed agreement where an individual guarantees the financial obligations of another party, structured according to the Dutch Civil Code requirements.
Download
Agreement Of Personal Guaranty
A Dutch law-governed agreement where a guarantor commits to fulfilling another party's financial obligations if they default.
Download
Parent Guarantee Lease Agreement
A Dutch law-governed agreement where a parent company guarantees a tenant's lease obligations, providing security to the landlord.
Download
Lease Guaranty
A Dutch law-governed agreement where a third party guarantees a tenant's lease obligations to a landlord.
Download
Loan Agreement With Guarantor
Dutch law-governed loan agreement featuring a third-party guarantee, detailing loan terms and guarantor obligations in compliance with Dutch Civil Code requirements.
Download
Tenancy Agreement With Guarantor
Dutch law-governed residential tenancy agreement with guarantor provisions, establishing rights and obligations between landlord, tenant, and guarantor.
Download
Parent Guarantee Agreement
A Dutch law-governed agreement where a parent company guarantees its subsidiary's obligations to a third party, structured under the Dutch Civil Code framework.
Download
Lease Guaranty Form
A Dutch law-governed document establishing a guarantee arrangement to secure a lessee's obligations under a lease agreement.
Download
Guarantee Of Lease Form
A Dutch law-governed document establishing a guarantor's commitment to fulfill tenant obligations under a lease agreement in case of default.
Download
Deed Of Guarantee For Tenancy
A Dutch law deed establishing a third-party guarantee for a tenant's obligations under a lease agreement, providing security to landlords through legally enforceable commitments.
Download
Personal Guarantee Rental Agreement
A Dutch law agreement where a third party guarantees a tenant's rental obligations, providing security to landlords while protecting guarantor rights.
Download
Personal Guarantee Agreement
A Dutch law-governed agreement where a party guarantees the financial obligations of another party to a creditor, structured in compliance with the Dutch Civil Code.
Download
Guarantor On Lease Agreement
A Dutch law-governed agreement where a guarantor assumes responsibility for a tenant's obligations under a lease agreement.
Download
Lease Guarantor Form
A Dutch law-governed document establishing a third-party guarantee for lease obligations, securing the landlord's interests in a rental agreement.
Download
Guarantor Indemnity Agreement
A Dutch law agreement where a guarantor provides security through both guarantee and indemnity obligations for a principal debtor's obligations to a beneficiary.
Download
Loan Guarantor Agreement
A Dutch law-governed agreement where a guarantor commits to fulfill a borrower's loan obligations in case of default.
Download
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
.png)