Authorised guarantee agreement
Authorised guarantee agreement

The following Property precedent provides comprehensive and up to date legal information covering:

  • Authorised guarantee agreement
  • 1 Definitions
  • 2 Interpretation
  • 3 Guarantee
  • 4 1954 Act
  • 5 Liability
  • 6 Tenant’s Guarantor’s Covenants
  • 7 Notices
  • 8 Third parties
  • 9 Governing law and jurisdiction

Date: [date]

Parties

  1. 1

    [name of Landlord] [of OR incorporated in England and Wales with company registration number [number] whose registered office is at] [address] [and whose address for service in England and Wales is [address]] (the Landlord)

  1. 2

    [name of Tenant] [of OR incorporated in England and Wales with company registration number [number] whose registered office is at] [address] [and whose address for service in England and Wales is [address]] (the Tenant)

  1. 3

    [[name of Tenant’s Guarantor] [of OR incorporated in England and Wales with company registration number [number] whose registered office is at] [address] [and whose address for service in England and Wales is [address] (the Tenant’s Guarantor])]

    1. 1

      Definitions

      In this Deed the following definitions apply:

      1954 Act

      1. the Landlord and Tenant Act 1954;

      1995 Act

      1. the Landlord and Tenant (Covenants) Act 1995;

      Assignee

      1. [name] of [address] incorporated in England and Wales with company registration number [number];

      Assignment

      1. the assignment of the Lease permitted by the Licence;

      Lease

      1. the lease of the Property dated [lease date] and made between (1) [original landlord's name][, OR and] (2) [original tenant’s name][ and (3) [original guarantor’s name]] [registered at HM Land Registry with title number [title number]] and including any documents supplemental or collateral to the Lease whether or not expressly stated to be so;

      Licence

      1. the licence to assign of the same date as this Deed made between the Landlord,

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