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Guaranty Fee Agreement
"Need a Guaranty Fee Agreement for our Singapore subsidiary acting as guarantor to our Malaysian partner, with a monthly fee of 0.5% of the guaranteed amount and payment terms in Singapore Dollars, to be effective from March 1, 2025."
1. Parties: Identification of the guarantor, beneficiary, and principal debtor
2. Background: Context of the guarantee arrangement and relationship between parties
3. Definitions: Key terms used throughout the agreement
4. Guarantee Fee: Specification of fee amount, calculation method, and payment terms
5. Payment Terms: Timeline and method of fee payment
6. Duration: Term of the agreement and renewal provisions
7. Termination: Circumstances and process for termination
8. Governing Law: Specification of Singapore law as governing law
1. Tax Provisions: Tax implications and responsibilities when cross-border elements exist or specific tax considerations apply
2. Assignment: Rights to assign the agreement when parties want to allow or restrict transfer of rights
3. Confidentiality: Protection of confidential information when sensitive information is involved
4. Force Majeure: Provisions for unforeseen circumstances when parties want protection against extraordinary events
1. Fee Calculation Schedule: Detailed methodology for calculating guarantee fees
2. Payment Schedule: Timeline of fee payments
3. Form of Notice: Template for formal notices under the agreement
4. Related Guarantees: List of associated guarantee agreements if applicable
Authors
Applicable Law
Banking Day
Beneficiary
Business Day
Commencement Date
Confidential Information
Default Event
Effective Date
Expiry Date
Fee Payment Date
Guarantee
Guarantee Amount
Guarantee Fee
Guarantee Fee Rate
Guarantor
Guaranteed Obligations
Notice
Parties
Payment Currency
Principal Debtor
Principal Agreement
Related Documents
Secured Obligations
Security
Singapore Dollars
Term
Termination Date
Underlying Agreement
Appointment
Fee Structure
Payment Terms
Calculation Method
Payment Currency
Default Interest
Representations and Warranties
Tax Provisions
Security
Indemnification
Confidentiality
Assignment
Force Majeure
Termination
Notices
Amendments
Severability
Waiver
Counterparts
Third Party Rights
Further Assurance
Costs and Expenses
Set-off
Dispute Resolution
Governing Law
Jurisdiction
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