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LexisNexis Practical Guidance®
Straightforward guidance across a range of topics
- Guarantees
- Types of guarantees and indemnities in financing transactions
Performance guarantee
This guidance note explains the use of performance guarantees in financing transactions. References are made to case law to aid legal practitioners’ understanding on a range of relevant matters, including what is the guaranteed obligation, and imposing conditions on a performance guarantee.
This guidance note includes example wording for a performance guarantee that legal practitioners may use.
See Performance guarantee.
