Student Marketing Agency Limited trading as UK Guarantor (UK Guarantor) has agreed to provide a guarantee (the Guarantee) to (the Landlord) in respect of the obligations of (the Tenant) to pay rent to the Landlord pursuant to the terms of the tenancy agreement (the Tenancy Agreement) entered into between the Tenant and the Landlord on or around today’s date.
In consideration of UK Guarantor giving the Guarantee, you agree that if the Tenant defaults on any of their obligations under the Tenancy Agreement such that UK Guarantor has to make a payment to the Landlord under the Guarantee then you will, on demand by UK Guarantor, pay to UK Guarantor a sum equivalent to the amount paid by UK Guarantor to the Landlord under the Guarantee.
This guarantee and any dispute or claim arising out of or in connection with it or its subject matter or formation (including non-contractual disputes or claims) shall be governed by and construed in accordance with the law of England and Wales.
You hereby irrevocably agree that the courts of England and Wales shall have exclusive jurisdiction to settle any dispute or claim arising out of or in connection with this guarantee or its subject matter or formation (including non-contractual disputes and claims).
By agreeing to the above you are guaranteeing another person’s liabilities to Student Marketing Agency Limited trading as UK Guarantor and you may become liable to Student Marketing Agency Limited instead of, or as well as, that person.