Standard Deed For Guarantor To Consent To Changes Of The Guaranteed Obligations (Deed Of Consent)
Publisher one
Genie AIJurisdiction
England and WalesCost
Free to useRelevant sectors
Type of legal document
💳 Deed of consentBusiness activity
Consent to amendmentsA guarantor is an individual or entity that agrees to assume responsibility for fulfilling the obligations of another party (usually a borrower) in case of default. The guaranteed obligations typically involve the repayment of loans, credit agreements, or other financial liabilities.
This template is applicable in the context of UK law, where it serves as a legally binding document indicating the guarantor's informed consent to any proposed amendments or alterations in the underlying obligations they have guaranteed. It is essential to ensure compliance with legal requirements and protect the interests of all parties involved.
The contents of this template typically include provisions specifying the parties involved, their roles, and the nature of the obligations being guaranteed. It would outline the specific changes or modifications being proposed and the manner in which they may affect the guaranteed obligations.
The template may also include clauses addressing any potential consequences or liabilities that may arise from the consented changes. These could include addressing modifications such as changes in interest rates, repayment schedules, or adjustments to the principal amount.
It is important to note that this template is intended as a tool to document the guarantor's consent regarding changes in the guaranteed obligations. It should be used in conjunction with legal advice and tailored to the specific circumstances and requirements of the guarantor, borrower, and any other relevant parties involved.
How it works
Create doc / use template
Chat to our AI Legal Assistant
Edit, collaborate & share
Export to .docx
Try using Genie's Free AI Legal Assistant
Generate quality, formatted contracts with AI
Can’t find the right template? Create the bespoke agreement in minutes by conversing with our AI and tailoring to your needs
Let our Legal AI make edits for you
Ask Genie to edit your document in the same way you’d ask a paralegal. Genie makes track changes, and explains its thinking just like a junior lawyer would.
AI review
Can’t find the right template? Create the bespoke agreement in minutes by conversing with our AI and tailoring to your needs
Book your personalised demo now
Similar legal templates
Truck Driver Contract
This Truck Driver contract template is designed for a commercial logistics organisation (or an individual truck driver) to use when contracting out their skills and services in exchange for payment. This contract sets out the type of logistics and logistics-related services to be completed by the truck driver on behalf of the client, with consideration for expectations around quality and delivery timescales, as well as any mitigating circumstances. This contract allows for payment to be made by the client to the logistics firm or individual truck driver on a weekly or monthly basis but can easily be edited to account for other payment schedules and could be altered to include bonuses conditional on performance. It can also be fully customised with the details of the two parties and the duration of the contract and can be printed, downloaded and edited freely as part of our mission to open source business legals. This is a template for contractors who fit outside of the UK's off-payroll working rules (IR35).
Publisher
Genie AIJurisdiction
England and WalesTermination Letter For Employee On Maternity Leave Following Redundancy Consultation
Publisher
Genie AIJurisdiction
England and WalesTUPE Advice Letter To Employees
This letter aims to inform employees about the impact of a TUPE transfer on their employment rights, terms and conditions, and any potential changes they may face as a result. It outlines the legal framework and provisions applicable to the transfer, clarifying how employees' roles, obligations, and benefits will be affected during and after the transfer process.
Included in this template are explanations regarding the continuity of employment, protection against unfair dismissal, the importance of transferring employee data, potential changes in contractual terms, and any consultations or negotiations taking place between the transferring organizations. The letter may also address the transferor and transferee's responsibilities, such as sharing relevant employee information and ensuring transparency throughout the process.
Overall, the TUPE Advice Letter To Employees is a crucial document that aims to ensure employees fully understand their rights, entitlements, and any potential changes resulting from a business transfer or service provision change, enabling them to make informed decisions about their employment.