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1. Date and Parties: Identifies the date of the release and all relevant parties including the creditor (releasing party), the guarantor being released, and the principal debtor
2. Recitals: References the original guarantee including its date, parties, and any relevant amendments or variations
3. Acknowledgment of Obligations: Confirms the current status of the guaranteed obligations and any payments or settlements made
4. Release Statement: The operative part containing clear and unequivocal language releasing the guarantor from all obligations under the guarantee
5. Governing Law: Specifies Hong Kong law as the governing law of the release
6. Execution Block: Space for signatures, witness details, and execution formalities
1. Consideration: Required if there is payment or other consideration for the release
2. Partial Release Terms: Used when only part of the guarantee obligations are being released
3. Reservation of Rights: Used when certain rights against other parties or under other documents are being preserved
4. Conditions Precedent: Include when the release is conditional upon certain events or actions
5. Confirmations: Additional confirmations or warranties from the releasing party regarding the release
1. Original Guarantee: Copy or details of the original guarantee being released
2. Payment Details: If the release is granted in consideration of payment, schedule showing payment details
3. Related Security Documents: List of any related security or guarantee documents affected by the release
Banking and Financial Services
Real Estate
Commercial Lending
Corporate Finance
Investment
Construction
Manufacturing
Import/Export
Retail
Professional Services
Legal
Finance
Treasury
Credit Control
Risk Management
Corporate Secretarial
Compliance
Commercial Operations
Chief Financial Officer
Finance Director
Legal Counsel
Company Secretary
Credit Manager
Risk Manager
Commercial Director
Treasury Manager
Contracts Manager
Corporate Lawyer
Banking Manager
Financial Controller
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