Leases: Guarantee and indemnity | Practical Law

Leases: Guarantee and indemnity | Practical Law

This practice note looks at the issues that need to be considered when drafting a clause in a commercial lease in which a guarantor covenants to guarantee and indemnify the landlord for losses suffered as a result of the tenant's breach of covenant, acts or omissions. It also considers the impact on the guarantor of any variation to the lease.

Leases: Guarantee and indemnity

Practical Law UK Practice Note 5-386-3489 (Approx. 23 pages)

Leases: Guarantee and indemnity

MaintainedEngland, Wales
This practice note looks at the issues that need to be considered when drafting a clause in a commercial lease in which a guarantor covenants to guarantee and indemnify the landlord for losses suffered as a result of the tenant's breach of covenant, acts or omissions. It also considers the impact on the guarantor of any variation to the lease.