Guaranty Template

This Guaranty (“Agreement”) is entered into on [Date], by and between:

Creditor:
Name: __________________________
Address: __________________________
Email: __________________________
Phone: __________________________

Guarantor:
Name: __________________________
Address: __________________________
Email: __________________________
Phone: __________________________

Collectively referred to as the “Parties.”

1. Guaranty of Obligations

The Guarantor irrevocably and unconditionally guarantees the full and prompt payment and performance of all obligations owed by [Debtor Name] (“Debtor”) to the Creditor, arising under the following agreement:
[Describe underlying agreement, e.g., loan, lease, or service contract]

2. Nature of Guaranty

This is a [☐ Limited / ☐ Unlimited] Guaranty.

• If Limited, the Guarantor’s maximum liability shall not exceed $[Amount].

• If Unlimited, the Guarantor shall be liable for the full amount of the Debtor’s obligations, including principal, interest, fees, and related costs.

3. Continuing Obligation

The Guaranty shall remain in effect until all obligations of the Debtor have been fully paid and performed, and shall not be affected by any renewal, extension, or modification of the underlying agreement.

4. Waiver of Defenses

The Guarantor waives:

• Any right to require the Creditor to first proceed against the Debtor or collateral.

• Notice of acceptance, demand for payment, and protest.

• Any defenses arising from the Debtor’s insolvency, bankruptcy, or inability to pay.

5. Default

Upon the Debtor’s default, the Creditor may demand immediate payment or performance from the Guarantor without prior notice to the Debtor.

6. Subrogation

After fulfilling their obligations, the Guarantor shall be subrogated to the rights of the Creditor against the Debtor, including the right to collect payments from the Debtor.

7. Governing Law

This Agreement shall be governed by and construed in accordance with the laws of [State/Country].

8. Notices

All notices shall be sent in writing to the addresses listed above, either by certified mail or electronic delivery with proof of receipt.

9. Entire Agreement

This Agreement represents the entire understanding between the Parties and supersedes all prior agreements or representations.

Signatures

Creditor Signature: ____________________________ Date: _________
Printed Name & Title: _________________________________________

Guarantor Signature: ____________________________ Date: _________
Printed Name: _________________________________________