tiktok³ÉÈË°æ

All Countries
Banking
Personal Guarantor Agreement Form

Personal Guarantor Agreement Form Template for Nigeria

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

4.6 / 5
4.8 / 5

Let's create your Personal Guarantor Agreement Form

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:

Personal Guarantor Agreement Form

"I need a Personal Guarantor Agreement Form under Nigerian law for a small business loan of 5 million Naira, where the company director will personally guarantee the corporate debt, with the agreement to be effective from March 1, 2025."

Celebrated by
Collaborations with
Investors
Document background
The Personal Guarantor Agreement Form is a critical legal instrument in Nigerian business and financial transactions, commonly used when additional security is required for loans, credit facilities, or other financial obligations. This document is essential when a creditor requires personal assurance beyond the principal debtor's commitment, typically in situations involving substantial loans, business financing, or significant financial transactions. The agreement must comply with Nigerian contract law, banking regulations, and financial sector requirements, making it particularly important for financial institutions, businesses, and individuals engaged in credit arrangements. The document includes detailed provisions about the guarantee's scope, parties' obligations, enforcement mechanisms, and applicable Nigerian legal frameworks, serving as a vital tool for risk mitigation in financial transactions.
Suggested Sections

1. Parties: Identifies all parties to the agreement: the Creditor, Principal Debtor, and Guarantor(s)

2. Background: Explains the context of the guarantee, including the principal debt or obligation being guaranteed

3. Definitions: Defines key terms used throughout the agreement

4. Guarantee and Indemnity: Details the scope and nature of the guarantee, including the maximum liability amount

5. Duration of Guarantee: Specifies the term of the guarantee and conditions for its continuation or termination

6. Guarantor's Obligations: Lists specific obligations and responsibilities of the guarantor

7. Guarantor's Representations and Warranties: Contains statements and assurances made by the guarantor regarding their capacity and authority

8. Payments and Interest: Specifies payment terms, interest rates, and payment mechanisms

9. Enforcement and Remedies: Details the creditor's rights and remedies in case of default

10. Notices: Specifies how formal communications between parties should be made

11. Governing Law and Jurisdiction: Confirms Nigerian law as governing law and specifies jurisdiction for disputes

12. Execution: Signature blocks and execution requirements

Optional Sections

1. Multiple Guarantors: Additional provisions for cases involving more than one guarantor, including joint and several liability

2. Security Provisions: Details of any specific assets or securities provided as additional guarantee

3. Assignment and Transfer: Provisions regarding the transfer or assignment of guarantee rights

4. Independent Legal Advice: Confirmation that the guarantor has received independent legal advice

5. Financial Covenants: Specific financial obligations or restrictions placed on the guarantor

6. Currency Provisions: Required when the guarantee involves multiple currencies or international transactions

7. Force Majeure: Provisions for unforeseen circumstances affecting the guarantee obligations

Suggested Schedules

1. Schedule 1 - Principal Debt Details: Detailed description of the principal debt or obligation being guaranteed

2. Schedule 2 - Guarantor's Assets: List of relevant assets owned by the guarantor (if applicable)

3. Schedule 3 - Payment Terms: Detailed payment schedule and terms

4. Appendix A - Form of Demand: Standard form for making demands under the guarantee

5. Appendix B - Compliance Certificate: Template for periodic compliance certification by the guarantor

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈË°æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions
































Clauses





























Relevant Industries

Banking and Financial Services

Real Estate

Commercial Lending

Retail

Manufacturing

Construction

Agriculture

Small and Medium Enterprises

Import/Export

Professional Services

Relevant Teams

Legal

Credit Risk

Compliance

Finance

Corporate Banking

Retail Banking

Collections

Operations

Business Development

Customer Relations

Relevant Roles

Credit Manager

Risk Officer

Legal Counsel

Compliance Officer

Loan Officer

Banking Manager

Financial Advisor

Corporate Lawyer

Contract Administrator

Business Development Manager

Relationship Manager

Collections Manager

Underwriter

Chief Financial Officer

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

Lease Of Real Estate With Guarantee & Indemnity

A Nigerian law-governed real estate lease agreement incorporating guarantee and indemnity provisions to secure tenant obligations.

find out more

Personal Guarantor Form

A Nigerian law-governed document where a guarantor assumes responsibility for another party's financial obligations, commonly used in lending and business transactions.

find out more

Personal Guarantor Agreement Form

A Nigerian law-governed agreement where a guarantor commits to fulfill another party's financial obligations in case of default.

find out more

Loan Guarantor Agreement Form

A Nigerian law-governed agreement where a guarantor assumes responsibility for a borrower's loan obligations in case of default.

find out more

Guaranty Of Lease Agreement

A Nigerian law-governed agreement where a guarantor assumes responsibility for a tenant's lease obligations in case of default.

find out more

Rental Guarantee Form

A Nigerian legal document where a guarantor commits to covering a tenant's rental obligations, compliant with Nigerian federal and state property laws.

find out more

Performance Guarantee Agreement

A Nigerian law-governed agreement where a guarantor assures the performance obligations of a principal debtor to a beneficiary, subject to Nigerian banking and financial regulations.

find out more

Payment Guarantee Agreement

A Nigerian law-governed agreement where a guarantor undertakes to fulfill specified payment obligations of a debtor to a beneficiary if the debtor defaults.

find out more

Joint Guarantee Agreement

A Nigerian law agreement where multiple guarantors jointly and severally guarantee a principal debtor's obligations to a beneficiary.

find out more

Guarantee Rental Agreement

A Nigerian law-governed agreement where a guarantor provides security for a tenant's obligations under a rental agreement, including rent payments and other specified duties.

find out more

Guarantee And Collateral Agreement

A Nigerian law-governed agreement combining guarantee obligations with security arrangements over collateral to secure a principal debtor's obligations.

find out more

Corporate Guarantee Agreement

A Nigerian law-governed agreement where a corporate entity guarantees the obligations of another party to a creditor.

find out more

Personal Guaranty Agreement

A Nigerian law-governed agreement where a guarantor assumes responsibility for another party's financial obligations to a creditor.

find out more

Guarantor Indemnity Agreement

A Nigerian law-governed agreement where a guarantor commits to fulfilling another party's obligations and provides indemnity protection to the beneficiary.

find out more

Guarantor Tenancy Agreement

A Nigerian law-governed agreement establishing a tenancy with guarantor security, defining the rights and obligations of landlord, tenant, and guarantor.

find out more

Personal Guarantee Promissory Note

A Nigerian law-governed document combining a promissory note with a personal guarantee, establishing primary debt obligation and secondary guarantee for payment assurance.

find out more

Personal Guarantee Letter

A Nigerian law-governed document where an individual guarantees to fulfill another party's financial obligations if they default.

find out more

Loan Guarantor Agreement

A Nigerian law-governed agreement where a guarantor commits to fulfilling a borrower's loan obligations to a lender in case of default.

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.

Read our Privacy Policy.