Indiana Form of Parent Guaranty

Category:

Partnerships - Ancillary Agreements

State:

Multi-State

Control #:

US-P0710AM

Format:

Instant download

Description

This form is a model adaptable for use in partnership matters. Adapt the form to your specific needs and fill in the information. Don't reinvent the wheel, save time and money.

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FAQ

Parental Guarantees means a written guarantee/indemnity provided by the Company in favour of the Parental Guarantee Holders in terms of which the Company guarantees/indemnifies the Parental Guarantee Holders in respect of the obligations of the Group; Sample 1.

A form of guaranty whereby a parent, as guarantor, assumes the responsibility for the payment or performance of an action or obligation of its subsidiary by agreeing to compensate the beneficiary in the event of such non-payment or performance.