Guarantee Letter Template for Germany

1. Demand Requirements: Used when specific conditions or documentation are required for making a claim under the guarantee

2. Waiver of Defenses: Optional waiver of specific defenses available to the guarantor, typically used in commercial contexts

3. Transfer Provisions: Include when the guarantee needs to be transferable to other beneficiaries

4. Counter-Guarantee Reference: Required when the guarantee is issued based on a counter-guarantee from another institution

5. Release Conditions: Include when specific conditions for releasing the guarantor need to be detailed

6. Bank Details: Required for bank guarantees, including specific banking information and regulatory references

1. Copy of Underlying Agreement: Attachment of the agreement or obligation being guaranteed (referenced but not always physically attached)

2. Power of Attorney: If the guarantee is signed by a representative, documentation proving their authority

3. Corporate Authorization: For corporate guarantors, evidence of corporate approval for issuing the guarantee