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1. Parties: Identification of all parties including the Guarantor, Creditor (Beneficiary), and Principal Debtor
2. Background: Context of the guarantee, including reference to the principal debt or obligation being guaranteed
3. Definitions: Key terms used in the guarantee agreement, including 'Guaranteed Obligations', 'Principal Debt', and 'Event of Default'
4. Guarantee: Core guarantee provisions, including the scope and nature of the guarantee (unconditional, irrevocable, etc.)
5. Payment Obligations: Specific terms regarding when and how payments must be made under the guarantee
6. Duration: Term of the guarantee and any conditions for termination
7. Demand Requirements: Process and formalities for making a demand under the guarantee
8. Warranties and Representations: Guarantor's confirmations regarding capacity and authority to provide the guarantee
9. Costs and Expenses: Responsibility for legal and enforcement costs
10. Notices: Communication requirements and contact details for formal notices
11. Governing Law and Jurisdiction: Confirmation of South African law application and jurisdiction for disputes
12. Signature: Execution block with date and witness requirements
1. Multiple Guarantors: Additional provisions for joint and several liability when there is more than one guarantor
2. Security Provisions: Where specific assets are pledged as additional security for the guarantee
3. Counter-Indemnity: Where the guarantor requires indemnification from the principal debtor
4. Limit of Liability: Where the guarantee amount is capped or limited in some way
5. Assignment: Provisions regarding the transfer or assignment of rights under the guarantee
6. Currency Provisions: Where payments might be made in multiple currencies
7. Principal Debtor's Consent: Where the principal debtor's acknowledgment of the guarantee is required
8. Recourse Provisions: Specific terms regarding the guarantor's right of recourse against the principal debtor
1. Schedule 1 - Principal Debt Details: Details of the underlying obligation being guaranteed, including amount, interest rates, and payment terms
2. Schedule 2 - Guarantor Information: Detailed information about the guarantor, including financial status and relationship to principal debtor
3. Schedule 3 - Demand Form: Pro-forma demand notice to be used when calling on the guarantee
4. Appendix A - Board Resolution: If guarantor is a company, the authorizing board resolution
5. Appendix B - Supporting Documents: List of required KYC documents and financial information
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Telecommunications
Energy
Transport and Logistics
Legal
Finance
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Treasury
Credit Control
Compliance
Commercial Operations
Corporate Secretariat
Accounts Receivable
Business Development
Chief Financial Officer
Financial Director
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