51��Ƶ����

A Continuing Guarantee Agreement is commonly used in Singapore's business environment when ongoing financial security is required for commercial transactions. This document provides continuous security for both existing and future obligations, making it particularly valuable for revolving credit facilities, ongoing business relationships, and long-term commercial arrangements. Under Singapore law, the agreement must comply with specific statutory requirements, including those set out in the Civil Law Act and Contracts Act. The document typically includes detailed provisions about the scope of the guarantee, the guarantor's obligations, and mechanisms for enforcement.

1. Parties: Identification of guarantor, creditor, and principal debtor

2. Background: Context of the guarantee and underlying obligations being guaranteed

3. Definitions: Key terms used throughout the agreement including Guaranteed Obligations, Security, and Events of Default

4. Guarantee and Indemnity: Core obligations of the guarantor including scope of guarantee and indemnification provisions

5. Nature of Guarantee: Continuing nature and scope of the guarantee, including provisions for future obligations

6. Guarantor's Representations and Warranties: Statements about guarantor's capacity, authority, and financial condition

7. Preservation of Rights: Creditor's rights preservation clauses and waiver of defenses

8. Payments: Payment obligations, mechanisms, and treatment of taxes

9. Governing Law and Jurisdiction: Application of Singapore law and jurisdiction clauses