Board minutes: corporate guarantor

Board minutes: corporate guarantor

Minutes of a meeting of the board of directors of a company to approve a corporate guarantee

Background 

The directors of a company which is entering into a corporate guarantee should approve the guarantee at a duly convened board meeting. 

For a guarantee of a borrower’s obligations under a loan or facility agreement, the lender is also likely to require that the guarantee is approved by the board of the corporate guarantor and that a copy of the meeting minutes is provided to the lender as a pre-condition to the first advance under the loan or facility being made.

About these Board minutes: corporate guarantor

These minutes are for a meeting of the board of directors of a company at which a corporate guarantee is approved.

Document features:

• Declaration of director’s interest (if applicable)
• Resolution to approve guarantee

Explanatory guidance

As with all of our document templates, your purchase will include access to clear explanatory guidance on the document and its use.

All Paper Rock legal templates are written by highly qualified English lawyers that are currently practising in the field of commercial and corporate law. The templates you download here reflect the same quality as if you’d instructed our lawyers to draft them for you. They also write all our document descriptions so you can rest assured every bit of information is legally accurate up to date.

Whatever your method of purchase, there is no limit to the number of times you can download your templates. However, many customers prefer to invest in an annual subscription. This offers exceptional value with unlimited downloads from our entire document library.

The Paper Rock team is available to answer questions via Live Chat during UK business hours. When live chat is unavailable, email support@paperrock.com. We aim to respond to your emails within a 24-hour period. We also encourage you to ask questions via our social channels.