Performance Guaranty and Parent Company Guarantee (Short Form)
A short-form Performance Guaranty and Parent Company Guarantee that puts a creditworthy parent behind a subsidiary's performance obligations, written for speed without leaving the important terms out.
You get a document a counterparty will actually sign this week rather than negotiate for a month. A shorter version for a lower-risk deployment, drafted so nothing legally load-bearing is left out.
Frequently asked questions
The fee covers the finished document, filing-ready or send-ready as applicable, the supporting exhibits or attachments described in the scope, and a short cover memorandum explaining the choices made. It is fixed at this scope: one guarantor. 2 rounds of revisions are included. If your matter falls outside that scope we tell you before starting and quote the difference — we do not bill past a flat fee without agreeing it first.
3 to 5 business days from a complete set of instructions, plus time for the 2 rounds of revisions included in the fee. If you are working to a court deadline or a closing date, tell us when you order and we will confirm in writing whether we can meet it before you commit.
$900 is $325/hour × 2.75 hours — the time this deliverable takes in an ordinary credit support matter, at the firm's standard rate. Because it is a flat fee, the risk of the work running long sits with the firm: you pay $900 whether it takes us the estimate or twice it.
Third-party costs are never inside a flat fee and are passed through at cost, never marked up: court and agency filing fees, court reporter and transcript charges, expert witness fees, search vendor and e-discovery hosting charges, process server fees, and travel.
What your business does, and who its users or customers are, the systems, vendors, and data flows the document has to describe accurately, any existing version, and what prompted this one, and any regulator, platform, or contract requirement you are working to. Send what you have — if something is missing we will tell you what else we need before the turnaround clock starts.
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Other Credit Support work MC Law prepares on a flat fee.
Performance Guaranty and Parent Company Guarantee — Review and Redline (Company Side)
A redline of the counterparty's Performance Guaranty and Parent Company Guarantee prepared for the company, covering the document that puts a creditworthy parent behind a subsidiary's performance obligations.
Performance Guaranty and Parent Company Guarantee — Review and Redline (Counterparty Side)
A redline of the counterparty's Performance Guaranty and Parent Company Guarantee prepared for the counterparty, covering the document that puts a creditworthy parent behind a subsidiary's performance obligations.
Performance Guaranty and Parent Company Guarantee
A custom-drafted Performance Guaranty and Parent Company Guarantee that puts a creditworthy parent behind a subsidiary's performance obligations.
Performance Guaranty and Parent Company Guarantee (Company Side)
A Performance Guaranty and Parent Company Guarantee, drafted from the company position, that puts a creditworthy parent behind a subsidiary's performance obligations.
Performance Guaranty and Parent Company Guarantee (Counterparty Side)
A Performance Guaranty and Parent Company Guarantee, drafted from the counterparty position, that puts a creditworthy parent behind a subsidiary's performance obligations.
Performance Guaranty and Parent Company Guarantee (Long Form)
A comprehensive Performance Guaranty and Parent Company Guarantee that puts a creditworthy parent behind a subsidiary's performance obligations, with the full set of protective provisions a significant deal deserves.