Legal Contracts Software Generator - Legal Contract Agreement Template for Guaranty

# GUARANTY AGREEMENT **This Guaranty Agreement ("Agreement") is made and entered into as of [Date], by and between:** **Guarantor:** [Guarantor's Full Name] [Guarantor's Address] [City, State, Zip Code] [Email] [Phone Number] **and** **Lender:** [Lender's Full Name or Company Name] [Lender's Address] [City, State, Zip Code] [Email] [Phone Number] **1. RECITALS** WHEREAS, [Borrower's Full Name] ("Borrower") has requested a loan from Lender in the amount of [Loan Amount] ("Loan"); and WHEREAS, in consideration of the Lender agreeing to make the Loan, the Guarantor desires to guarantee and stand behind the obligations of the Borrower under the terms of this Agreement. **2. GUARANTEE** The Guarantor hereby irrevocably and unconditionally guarantees the due and punctual payment and performance of all obligations, liabilities, and undertakings of the Borrower to the Lender under the Loan, including but not limited to, the payment of principal, interest, fees, and any other amounts due under any agreements related to the Loan (collectively, the "Obligations"). **3. NATURE OF GUARANTY** This guaranty is a continuing guaranty and shall remain in full force and effect until all Obligations are fully discharged, and any amounts payable by the Borrower to the Lender are paid in full. **4. WAIVER OF NOTICE** Guarantor waives notice of acceptance of this Guaranty, notice of default, demand for payment, and all other notices concerning the Obligations. Guarantor agrees that the Lender may proceed against the Guarantor without first proceeding against the Borrower or any other person. **5. REPRESENTATIONS AND WARRANTIES** The Guarantor represents and warrants that: - a. The Guarantor has the full power and authority to enter into this Agreement. - b. This Agreement constitutes a valid and binding obligation of the Guarantor, enforceable in accordance with its terms. - c. The Guarantor’s entry into this Agreement will not violate any agreement or law applicable to the Guarantor. **6. MISCELLANEOUS** - a. **Governing Law:** This Agreement shall be governed by and construed in accordance with the laws of the State of [State]. - b. **Severability:** If any provision of this Agreement is found to be invalid or unenforceable, the remaining provisions shall continue in full force and effect. - c. **Amendment:** This Agreement may not be modified or amended except by a written agreement signed by both parties. - d. **Entire Agreement:** This Agreement constitutes the entire agreement between the parties concerning the subject matter hereof and supersedes all prior agreements and understandings. **7. EXECUTION** IN WITNESS WHEREOF, the parties have executed this Guaranty Agreement as of the date first written above. **Guarantor:** _________________________ [Guarantor’s Full Name] Date: _______________ **Lender:** _________________________ [Lender’s Full Name or Company Name] Date: _______________ --- This document is intended as a sample and should be customized according to personal circumstances and reviewed by a qualified attorney before use.