Guarantees

This subtopic provides guidance on guarantees and how they are used in finance transactions in Ireland. It also provides precedents on bilateral guarantee and indemnity deeds which can be used to create guarantees.

This subtopic contains the following guidance:

1. •

   Practice Note: Ireland—Guarantees explains the key characteristics of guarantees and how they are used in finance transactions in Ireland. It also explains why indemnities are used in guarantee documentation, the difference between a guarantee for a specific transaction and an all monies guarantee, whose obligations are commonly guaranteed in finance transactions and the use of limited guarantees. It also highlights the key guarantor rights and guarantor protections provided by the courts

2. •

   Precedent: Ireland—Board