Confirmation of guarantee on variation of underlying facility agreement (bilateral)
Confirmation of guarantee on variation of underlying facility agreement (bilateral)

The following Banking & Finance guidance note provides comprehensive and up to date legal information covering:

  • Confirmation of guarantee on variation of underlying facility agreement (bilateral)

[To be printed on the headed paper of the Guarantor]

[insert date]

To: [insert name and address of the lender]

Dear [insert full name of lender]

  1. 1

    We refer to the facility agreement dated [insert date of facility agreement] between [insert name of borrower] (the Borrower) and [insert name of Lender] (the Lender) as amended, novated, supplemented, restated or replaced from time to time in accordance with its terms (the Facility Agreement).

  2. 2

    We refer to the guarantee dated [insert date of guarantee] between [insert name of guarantor] (the Guarantor) and the Lender as amended, novated, supplemented, restated o