Get the free contract of guarantee - Ethiopian Maritime Training Institute

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CONTRACT OF GUARANTEE. . This Contract of Guarantee is made on this day, ___, band 8 (....)between the EthiopianMaritimeTrainingInstitute Share Company, Address: Track Tower.

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How to fill out contract of guarantee

01

Start by entering the names and addresses of the parties involved in the guarantee agreement.

02

Specify the terms and conditions of the guarantee, including the amount guaranteed and the duration of the guarantee.

03

Include any provisions for collateral or security that may be required to support the guarantee.

04

Clearly outline the responsibilities and obligations of each party under the guarantee agreement.

05

Have all parties sign and date the contract to indicate their agreement to the terms.

Who needs contract of guarantee?

01

Businesses seeking to secure a loan or credit

02

Individuals co-signing loans for family or friends

03

Contractors providing services to clients

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What is contract of guarantee?

A contract of guarantee is a legal agreement where a third party agrees to fulfill the obligations of a debtor if the debtor fails to do so.

Who is required to file contract of guarantee?

The party providing the guarantee is required to file the contract of guarantee.

How to fill out contract of guarantee?

To fill out a contract of guarantee, both parties need to agree on the terms and conditions, specify the obligations being guaranteed, and sign the document.

What is the purpose of contract of guarantee?

The purpose of a contract of guarantee is to provide financial security to the creditor in case the debtor defaults on their obligations.

What information must be reported on contract of guarantee?

The contract of guarantee must include the names of the parties involved, the obligations being guaranteed, the amount guaranteed, and the terms and conditions of the guarantee.

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