Corporate Guarantee And Bank Guarantee Template for Australia

1. Security Interest: Include when the guarantee is secured by specific assets or security interests

2. Counter Indemnity: Include when there is a counter-indemnity from the principal to the guarantor

3. Multiple Guarantors: Include when there are multiple guarantors to address joint and several liability

4. Assignment and Transfer: Include when parties need the ability to assign or transfer their rights

5. Bank's Obligations: Include for bank guarantees to specify the bank's specific obligations and procedures

6. Automatic Reduction Provisions: Include when the guarantee amount reduces over time or upon specific events

7. Priority Arrangements: Include when there are multiple security interests or guarantees requiring priority arrangement

8. Foreign Law Compliance: Include when there are cross-border elements requiring compliance with foreign laws

1. Schedule 1 - Guaranteed Obligations: Detailed description of the obligations being guaranteed

2. Schedule 2 - Form of Demand: Prescribed form for making a demand under the guarantee

3. Schedule 3 - Security Details: Details of any security provided (if applicable)

4. Schedule 4 - Fees and Charges: Specification of any fees, charges, and commission payable

5. Appendix A - Supporting Documents: List of required supporting documents for guarantee activation

6. Appendix B - Authorized Signatories: List of persons authorized to make demands or give notices

7. Appendix C - Underlying Agreement Details: Summary or extract of the underlying agreement being guaranteed