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Parental Guarantee to Buyer in relation to Acquisition

Guarantor

In relation to an acquisition, a guarantee is given by the Seller's parent to the Buyer for the Seller's obligations. This is drafted in favour of the Guarantor.

In consideration of the Buyer entering into the Agreement, the Guarantor unconditionally and irrevocably, as a continuing obligation, this document hereby guarantees to the Buyer the proper and punctual observance and performance by the Seller of all its obligations, commitments and undertakings under or pursuant to the Agreement.

How to use this document?

This document should be carefully read by the Guarantor and Buyer.

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