Contract Performance Guarantee Letter Template

Date: [Insert Date]

[Insert Name of the Guarantor]

[Insert Address of the Guarantor]

To: [Insert Name of the Creditor]

[Insert Address of the Creditor]

Dear Sir/Madam,

Re: Contract Performance Guarantee

This letter serves as a guarantee for the performance of the contract entered into by [Insert Name of the Debtor], hereinafter referred to as the "Debtor," and [Insert Name of the Creditor], hereinafter referred to as the "Creditor," on [Insert Date of Contract].

The Guarantor hereby unconditionally and irrevocably guarantees full and prompt payment of all amounts due and payable by the Debtor to the Creditor under the said contract.

In the event that the Debtor fails to fulfill any of its obligations under the contract, including but not limited to non-payment of invoices or breach of terms and conditions, the Guarantor undertakes to compensate the Creditor for any loss, damage, or expenses incurred as a result of such default.

This guarantee shall remain in effect until the completion of all obligations of the Debtor under the said contract or until an agreed-upon termination date, whichever is earlier.

The liability of the Guarantor under this guarantee shall not be affected by any variation, extension, or amendment made to the contract without the prior written consent of the Guarantor.

This guarantee shall be binding upon the Guarantor's successors, assigns, and legal representatives.

This guarantee is governed by the laws of [Insert Jurisdiction]. Any disputes arising out of or in connection with this guarantee shall be subject to the exclusive jurisdiction of the courts in [Insert Jurisdiction].

This guarantee is executed as a deed on the date first above written.

Yours faithfully,

[Insert Name of the Guarantor]

[Insert Designation/Title of the Guarantor]

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Note:

This contract performance guarantee letter template is provided for reference purposes only. It is recommended to seek legal advice and tailor the content according to specific requirements and local regulations.