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1. Parties: Identifies the Landlord, Tenant, and Guarantor with their full legal names and addresses
2. Background: References the principal lease agreement and explains the context of the guarantee
3. Definitions: Defines key terms used in the guarantee, including 'Lease', 'Guaranteed Obligations', and 'Term'
4. Guarantee and Indemnity: Core section specifying the guarantor's obligations and the scope of the guarantee
5. Duration of Guarantee: Specifies the time period for which the guarantee remains valid and enforceable
6. Nature of Guarantee: Confirms this is a continuing guarantee and specifies whether it's joint and several
7. Guarantor's Obligations: Details specific obligations including rent payment, compliance with lease terms, and other financial obligations
8. Landlord's Rights: Outlines the landlord's rights to enforce the guarantee and seek remedies
9. Non-discharge of Guarantor: Specifies circumstances that do not discharge the guarantor from their obligations
10. Governing Law and Jurisdiction: Confirms Hong Kong law applies and Hong Kong courts have jurisdiction
1. Principal Debtor Clause: Optional clause making the guarantor liable as principal debtor rather than just guarantor - used for stronger protection
2. Cap on Liability: Sets maximum liability limit for the guarantor - used when parties agree to limit guarantor's exposure
3. Corporate Guarantor Provisions: Additional provisions when guarantor is a company - used for corporate guarantors
4. Personal Guarantor Provisions: Additional provisions specific to individual guarantors - used for personal guarantees
5. Assignment and Transfer: Provisions regarding ability to assign or transfer guarantee rights - used in commercial contexts
6. Guarantee Release Terms: Specific conditions under which guarantor may be released - used when parties agree on early termination possibilities
1. Schedule 1 - Principal Lease Details: Summary of key lease terms being guaranteed including property details, rent, and lease term
2. Schedule 2 - Guaranteed Obligations: Detailed list of all obligations covered by the guarantee
3. Schedule 3 - Form of Demand: Template for landlord to make formal demand under the guarantee
4. Appendix A - Copy of Lease Agreement: Attached copy of the principal lease agreement being guaranteed
5. Appendix B - Guarantor's Supporting Documents: Required identification or corporate documents of guarantor
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