KShs 3,000
This precedent is intended to act as a guide in drafting a Corporate Deed of Guarantee and Indemnity. It may be modified or amended as need be.
A Corporate Deed of Guarantee and Indemnity is a document executed between a Lender, Borrower and a Guarantor in which a corporation takes responsibility for the repayment obligation of the Borrower (Principal Debtor) in the event it defaults and/or faces insolvency and cannot meet its obligations for repayment.