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LexisNexis Practical Guidance®
Straightforward guidance across a range of topics
- Guarantees
- Types of guarantees and indemnities in financing transactions
Demand guarantee
This guidance note explains what is a demand guarantee, and the use of demand guarantees in financing transactions. Legal practitioners will also find commentary detailing the parties to a demand guarantee and the roles they play.
This guidance note includes example wording that legal practitioners may come across in a contract where there is a requirement on a party to obtain a demand guarantee.
See Demand guarantee.
