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Guarantee Rental Agreement
1. Parties: Identification of the Guarantor, Landlord (beneficiary), and Tenant (primary debtor), including full legal names, addresses, and registration numbers if applicable
2. Background: Context of the guarantee, reference to the main rental agreement, and purpose of the guarantee
3. Definitions: Definitions of key terms used throughout the agreement
4. Guarantee Amount: Specification of the guaranteed sum and any conditions for adjustment
5. Scope of Guarantee: Detailed description of what the guarantee covers, including rent, utilities, damage, and other obligations
6. Duration: Term of the guarantee, including start date and conditions for termination
7. Demands Under Guarantee: Process and conditions for making claims under the guarantee
8. Payment Terms: Timeline and method for payment upon valid demand
9. Guarantor's Rights and Obligations: Detailed listing of the guarantor's responsibilities and rights under the agreement
10. Notices: Requirements for formal communications between parties
11. Governing Law and Jurisdiction: Confirmation of Danish law application and jurisdiction for disputes
12. Signatures: Execution blocks for all parties
1. Multiple Guarantors: Section addressing joint and several liability when more than one guarantor is involved
2. Counter-Indemnity: Provisions for tenant's obligation to reimburse guarantor for any payments made under the guarantee
3. Property Maintenance Obligations: Specific provisions related to guaranteeing property maintenance obligations
4. Guarantee Reduction Provisions: Terms for potential reduction of guarantee amount over time based on tenant performance
5. Assignment and Transfer: Provisions governing the transfer of guarantee rights or obligations
6. Force Majeure: Provisions addressing extraordinary circumstances affecting guarantee obligations
7. Bank Guarantee Option: Alternative provisions for using a bank guarantee instead of personal guarantee
1. Schedule 1 - Primary Rental Agreement: Copy or key terms of the underlying rental agreement
2. Schedule 2 - Property Details: Detailed description of the rental property and its condition
3. Schedule 3 - Payment Schedule: Breakdown of rent and other guaranteed payments
4. Schedule 4 - Claim Procedures: Detailed procedures for making and processing guarantee claims
5. Appendix A - Guarantor's Financial Statement: Financial information provided by guarantor (if required)
6. Appendix B - Property Inspection Report: Initial condition report of the property
7. Appendix C - Required Notices Format: Templates for formal notices under the guarantee
Authors
Guarantee
Guarantee Amount
Guarantee Period
Guarantor
Landlord
Tenant
Property
Rental Agreement
Rent
Security Deposit
Permitted Use
Claim Notice
Default Event
Demand
Business Day
Lease Term
Commencement Date
Termination Date
Payment Date
Common Areas
Operating Expenses
Utilities
Maintenance Obligations
Force Majeure Event
Interest Rate
Notice
Property Manager
Applicable Law
Danish Lease Act
Material Breach
Guarantee Release Date
Guarantee Obligations
Payment Terms
Duration and Termination
Default and Remedies
Claims Procedure
Representations and Warranties
Property Access and Use
Maintenance and Repairs
Assignment and Transfer
Force Majeure
Notices
Dispute Resolution
Governing Law
Severability
Entire Agreement
Amendments
Waiver
Indemnification
Counterparts
Costs and Expenses
Compliance with Laws
Insurance
Confidentiality
Third Party Rights
Property Inspection
Environmental Compliance
Registration and Stamp Duty
Time of Essence
Survival
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