tiktok³ÉÈ˰æ

Guarantor Indemnity Agreement Template for Ireland

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Guarantor Indemnity Agreement

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Guarantor Indemnity Agreement

"I need a Guarantor Indemnity Agreement under Irish law for a corporate lending facility where a parent company will guarantee a €5 million loan to its subsidiary, with the agreement to become effective from March 1, 2025."

Document background
The Guarantor Indemnity Agreement is a vital security document used in Irish commercial and financial transactions where additional protection is required for a creditor beyond the primary obligor's commitment. This document is commonly utilized in lending arrangements, property transactions, and commercial contracts where one party seeks assurance of performance or payment from a third party. The agreement must comply with Irish law requirements, particularly the Statute of Frauds 1695 which requires guarantees to be in writing, and when applicable, the Consumer Credit Act 1995 for consumer guarantors. It contains both guarantee and indemnity provisions, providing the beneficiary with two distinct forms of protection: a guarantee dependent on the underlying obligation, and a separate, independent indemnity that remains effective even if the guarantee is unenforceable.
Suggested Sections

1. Parties: Identifies the Guarantor, the Beneficiary (creditor), and references to the Principal Debtor

2. Background: Explains the context of the principal debt or obligation and the reason for requiring the guarantee and indemnity

3. Definitions and Interpretation: Defines key terms used throughout the agreement and sets out interpretation rules

4. Guarantee: Sets out the primary guarantee obligations, including the scope and extent of the guaranteed obligations

5. Indemnity: Details the indemnity obligations, which operate as a separate and independent obligation from the guarantee

6. Nature of Liability: Specifies that the guarantor's liability is continuing, unconditional and as principal debtor

7. Preservation of Rights: Ensures the guarantee and indemnity remain valid despite various circumstances that might otherwise discharge them

8. Payments: Details the payment obligations, including timing, method, and handling of taxes

9. Representations and Warranties: Contains guarantor's confirmations about their capacity and authority to enter into the agreement

10. Duration and Release: Specifies when the guarantee and indemnity obligations end and conditions for release

11. Enforcement: Sets out the beneficiary's enforcement rights and remedies

12. General Provisions: Contains standard boilerplate clauses including notices, amendments, severability, and governing law

Optional Sections

1. Consumer Protection Statements: Required when the guarantor is a consumer, including mandatory warnings under Irish Consumer Credit Act 1995

2. Security Provisions: Include when the guarantee is supported by specific security arrangements

3. Multiple Guarantors: Additional provisions required when there is more than one guarantor, addressing joint and several liability

4. Assignment and Transfer: Include if the rights under the guarantee may need to be assigned or transferred

5. Independent Legal Advice: Acknowledgment of receipt of independent legal advice, particularly important for consumer guarantors

6. Currency Provisions: Required when guaranteed obligations are in multiple currencies or currency conversion is relevant

7. Corporate Guarantor Provisions: Special provisions required when the guarantor is a company, including confirmations of corporate benefit

Suggested Schedules

1. Schedule 1 - Guaranteed Obligations: Detailed description of the obligations being guaranteed, including facility agreements or other underlying contracts

2. Schedule 2 - Form of Demand: Prescribed form for making demands under the guarantee and indemnity

3. Schedule 3 - Conditions Precedent: List of documents and conditions required before the guarantee becomes effective

4. Appendix 1 - Consumer Warnings: Standard form warnings required under Irish consumer protection legislation when applicable

5. Appendix 2 - Security Documents: List and/or copies of any related security documents where applicable

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈ˰æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions







































Clauses

































Relevant Industries

Banking and Financial Services

Real Estate and Property

Commercial Lending

Construction and Infrastructure

Manufacturing

Retail

Professional Services

Healthcare

Technology

Hospitality

Education

Relevant Teams

Legal

Finance

Risk Management

Compliance

Treasury

Credit

Commercial

Corporate Secretariat

Business Development

Relevant Roles

Legal Counsel

Commercial Director

Credit Manager

Risk Manager

Compliance Officer

Financial Controller

Chief Financial Officer

Company Secretary

Commercial Lawyer

Banking Lawyer

Contract Manager

Business Development Manager

Treasury Manager

Relationship Manager

Credit Analyst

Industries








Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Personal Guaranty Form

An Irish law-governed document where a guarantor assumes responsibility for another party's financial obligations, incorporating statutory requirements and consumer protection provisions.

find out more

Guarantee Lease Agreement

An Irish law-governed agreement where a third party guarantees a tenant's obligations under a lease, including payment and performance commitments.

find out more

Tenancy Agreement With Guarantor

An Irish law-governed residential tenancy agreement that includes a guarantor covenant to provide additional security for the landlord's benefit.

find out more

Personal Guarantee Rental Agreement

An Irish law-governed agreement where a guarantor provides personal assurance for a tenant's rental obligations and responsibilities.

find out more

Personal Guarantee Agreement

An Irish law-governed agreement where an individual guarantees to fulfill another party's financial obligations if they default.

find out more

Guarantor Joint Tenancy Agreement

An Irish law agreement establishing terms for a residential tenancy with multiple tenants and guarantors, outlining joint tenant and guarantor obligations under Irish residential tenancy legislation.

find out more

Lease Guarantor Form

An Irish law-compliant guarantee agreement where a third party assumes responsibility for a tenant's lease obligations in case of default.

find out more

Guarantor Indemnity Agreement

An Irish law-governed agreement establishing guarantee and indemnity obligations to secure a principal debtor's obligations to a creditor.

find out more

Loan Guarantor Agreement

An Irish law-governed agreement where a guarantor commits to fulfill a borrower's loan obligations in case of default, incorporating key Irish financial services regulatory requirements.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

³Ò±ð²Ô¾±±ð’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ³Ò±ð²Ô¾±±ð’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our for more details and real-time security updates.