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GUARANTEE
THIS DEED OF GUARANTEE executed at the place, and on the day, month and year set
out in the Schedule hereto by the Guarantors (as defined hereinafter)
in favour of
The Lenders (as defined hereinafter).
WHEREAS :
1. By a facility agreement (the !acility "greement#, $hich expression shall, unless it be
repugnant to the sub%ect or context thereof, include all amendments made thereto from time
to time) made on the day, month and year set out in the &chedule hereto bet$een the
Borro$er and the Lenders, the Lenders have agreed to grant ' extend to the Borro$er and the
Borro$er has agreed to avail from the Lenders, on the terms and conditions contained in the
!acility "greement and the other Transaction (ocuments, rupee term loans (the !acility#,
$hich expression shall as the context may permit or re)uire, mean any or each of the !acility
of the respective Lenders, or so much thereof as may be outstanding from time to time) in the
aggregate not exceeding *s. + , million. The amount of loan ' proportion of the !acility
agreed to be provided by each of the Lenders is as indicated in the &chedule hereto.
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/. 0ne of the conditions of the !acility "greement is that the !acility together $ith all
interest, commission, costs, charges, expenses and all other monies, including any increase as
a result of revaluation ' devaluation ' fluctuation or other$ise in the rates of exchange of
foreign currencies involved, $hatsoever stipulated in or payable under the !acility "greement
and the other Transaction (ocuments shall be secured by, inter alia, guarantee from the
Guarantors.
1. The Lenders have called upon the Guarantors to execute these presents $hich the
Guarantors have, at the re)uest of the Borro$er, agreed to do in the manner hereinafter
appearing.
NOW THIS DEED WITNESSETH AS FOLLOWS :
2n consideration of the premises, the Guarantors hereby unconditionally, absolutely and
irrevocably guarantee to the Lenders and agree as follo$s3
1.1 DEFINITIONS
2n these presents, unless there is anything repugnant to the sub%ect or context thereof, the
expressions listed belo$ shall have the follo$ing meanings, vi4. 3
A Ba!" means +,, a body corporate constituted under the Ban5ing 6ompanies ("c)uisition
and Transfer of 7nderta5ings) "ct, 189: and having its ;ead 0ffice ' *egistered 0ffice at +,
and a branch office amongst other places at +,.
B Ba!" means + ,, a body corporate constituted under the Ban5ing 6ompanies
("c)uisition and Transfer of 7nderta5ings) "ct, 189: and having its ;ead 0ffice at <+ , and
a branch office amongst other places at + ,.
C Ba!" means + ,, a body corporate constituted under the Ban5ing 6ompanies
("c)uisition and Transfer of 7nderta5ings) "ct, 189: and having its ;ead 0ffice at + , and a
branch office amongst other places at + ,.
D Ba!" means + ,, a public limited company incorporated under the 6ompanies "ct, 18=.
and a ban5ing company $ithin the meaning of the Ban5ing *egulation "ct, 1818 and having
its *egistered 0ffice at + , and corporate office at + , and a branch office amongst other
places at + ,.
B#$$#%&$" means the person(s) named in the Schedule hereto and, unless it be repugnant to
the sub%ect or as the context may permit or re)uire, includes 3
(i) in the case of a company'society'body corporate, its successors and permitted assigns>
(ii) in the case of a partnership firm, any or each of the partners and survivor(s) of them and
the partners from time to time (both in their personal capacity and as partners of the firm) and
their respective heirs, legal representatives, executors, administrators and permitted assigns,
successors of the firm>
(iii) in the case of a proprietary concern, the proprietor(ess) (both in his'her personal capacity
and as proprietor(ess) of the concern) and his'her heirs, legal representatives, executors,
administrators and permitted assigns, successors of the concern>
(iv) in the case of a ;7!, the ?arta of the ;7! and any or each of the adult members'
coparceners of the ;7! and the survivor(s) of them and their respective heirs, legal
representatives, executors, administrators and permitted assigns, successors>
(v) in the case of an individual, his'her heirs, legal representatives, executors, administrators
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and permitted assigns>
(vi) in the case of a trust $ith individuals as trustees, the trustee(s) for the time being, its
successors and permitted assigns.
*eference to the Borro$er# shall, in case there is more than one borro$er, mean, as the
sub%ect or context may permit, each of them or any one or more of them.
Gua$at#$s" means the person(s) named in the Schedule hereto and, unless it be repugnant
to the subject or as the context may permit or require, include:
(i) in the case of a company'society'body corporate, its successors and permitted assigns>
(ii) in the case of a partnership firm, any or each of the partners and survivor(s) of them and
the partners from time to time (both in their personal capacity and as partners of the firm) and
their respective heirs, legal representatives, executors, administrators and permitted assigns,
successors of the firm>
(iii) in the case of a proprietary concern, the proprietor'proprietress (both in his'her personal
capacity and as proprietor' proprietress of the concern) and his'her respective heirs, legal
representatives, executors, administrators and permitted assigns, successors of the concern>
(iv) in the case of a ;7!, the ?arta of the ;7! and any or each of the adult members'
coparceners of the ;7! and the survivor(s) of them and their respective heirs, legal
representatives, executors, administrators and permitted assigns, successors>
(v) in the case of an individual, his'her heirs, legal representatives, executors, administrators
and permitted assigns>
(vi) in the case of a trust $ith individuals as trustees, the trustee(s) for the time being, its
successors and permitted assigns.
*eference to the Guarantors# shall, in case there are more than one guarantors, mean, as the
sub%ect or context may permit, each of them or any one or more of them.
L&'&$s" or C#s#$t(u) #* L&'&$s" means collectively, " Ban5, B Ban5, 6 Ban5, (
Ban5 and shall, unless it be repugnant to the sub%ect or context, include each of them or any
one or more of them and their respective successors, transferees, novatees, assigns.
*eference to the Lenders or 6onsortium of Lenders shall, as the context may permit or
re)uire, mean each of the Lenders or 6onsortium of Lenders or any one or more of the
Lenders or 6onsortium of Lenders. !or the sa5e of clarity, it is hereby agreed that the
expression Lenders# shall not include the Lead Ban5 in its capacity as such lead ban5.
2f the 6onsortium of Lenders is increased or decreased from time to time by adding or
dropping of one or more ban5s or is changed by substitution of one ban5 by another during
the currency of this (eed of ;ypothecation, then the 6onsortium of Lenders shall stand
reconstituted and the provisions of this (eed of ;ypothecation $ill be available to the
reconstituted 6onsortium of Lenders and the term the Lenders# or 6onsortium of Lenders#
shall mean and be deemed to al$ays include such reconstituted 6onsortium of Lenders.
Sta'a$' T&$)s +Gua$at&&," means the &T"A("*( TB*C& (:9DE.2) "&
"--L26"BLB T0 G7"*"ATBB !0* 60A&0*T27C TB*C L0"A and duly registered
on the <<<< day of <<<<<<, @::9 $ith the &ubD*egistrar of "ssurances, Ae$ (elhi vide
registration no. +<<<<<<, in Boo5 Ao. 1, Eol. Ao.<<<< from pages <<<< to <<<<<, a copy of
$hich is also available on the $ebsite of 2B". The &tandard Terms (Guarantee) shall be
deemed to form part of this Guarantee and shall be read as if they are specifically
incorporated herein. To the extent of any inconsistency or repugnancy, the contents of this
Guarantee shall prevail to all intents and purposes.
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t-(s Gua$at&&" shall mean and include this guarantee, the documents in relation to
security if any re)uired to be created by the Guarantors, all other related documents> such
expression shall also include all amendments made thereto from time to time.
"ll capitalised terms used but not defined herein shall have the respective meanings ascribed
to them under the !acility "greement.
1.@ CONSTRUCTION
6lause @.@ of the General 6onditions shall apply mutatis mutandis to these presents as if
expressly set out in full herein $ith each reference to the !acility "greement or General
6onditions being deemed to be a reference to this Guarantee.
@. The Borro$er shall duly and punctually repay'pay the !acility together $ith all interest,
commission, costs, charges, expenses and all other monies including any increase as a result
of revaluation'devaluation'fluctuation or other$ise in the rates of exchange of foreign
currencies involved, $hatsoever stipulated in or payable under the Transaction (ocuments,
and perform and comply $ith all the other terms, conditions and covenants contained in the
!acility "greement and the other Transaction (ocuments.
The Lenders shall have the sole discretion to permit dra$als by the Borro$er under the
!acility at such time, on such conditions and in such manner as the Lenders may decide.
/.(a) 2n the event of any default on the part of the Borro$er in payment'repayment of any of
the moneys referred to 6lause @ above, or in the event of any default on the part of the
Borro$er to comply $ith or perform any of the terms, conditions and covenants contained in
the !acility "greement and the other Transaction (ocuments, the Guarantors shall, upon
demand, forth$ith pay to the Lenders $ithout demur all the amounts payable by the
Borro$er under the Transaction (ocuments. "ny such demand made by the Lenders on the
Guarantors shall be final, conclusive and binding not$ithstanding any difference or any
dispute bet$een the Lenders and the Borro$er'arbitration or any other legal proceedings,
pending before any court, tribunal, arbitrator or any other authority.
/.(b) 2n the event of failure by the Guarantors to ma5e payment as stated above, the
Guarantors shall pay default interest at the same rate's as specified in relation to the !acility
for the Borro$er till receipt of the aforesaid amounts by the Lenders to its satisfaction.
1. The Guarantors shall also indemnify and 5eep the Lenders indemnified against all
losses, damages, costs, claims and expenses $hatsoever $hich the Lenders may suffer, pay or
incur by reason of or in connection $ith any default on the part of the Borro$er and'or the
Guarantors in performance of their respective obligations under the respective Transaction
(ocuments and this Guarantee, including legal proceedings ta5en against the Borro$er
and'or the Guarantors for recovery of the moneys referred to in 6lauses @ and / above.
=. The Guarantors agree, confirm, declare and underta5e to comply $ith the terms and
conditions set out in this Guarantee as also in the &tandard Terms (Guarantee). The
Guarantors confirm having received a copy of the !acility "greement, the &tandard Terms
(Guarantee) and the other Transaction (ocuments and read and understood the same.
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SCHEDULE REFERRED TO ABOVE
+D&s.$(/t(# #* t-& B#$$#%&$0 &t.1,

1. DETAILS OF PLACE AND DATE OF E2ECUTION OF THIS GUARANTEE
"t + <<<<<<<<<<<<<<<<<<<, in the &tate of + <<<<<<<<<<<<<<<<< ,
(ate 3 The <<<< day of <<<<<<<<<<<<<<, T$o Thousand and <<<<<<<<<<<<<<.
@". DETAILS OF THE BORROWER
Aame of the company '
partnership firm ' proprietary
concern ' ;7! ' society '
trust
Aames of all partners ' ?arta
and all adult coparceners '
members ' proprietor(ess)
@B. CORRESPONDENCE ADDRESS OF THE LENDERS
Na)&s #* t-& L&'&$s A''$&ss %-&$& #t(.& (s t# 3& s&t t#
!ax Ao's.3
"ttn3 Cr.'Cs.3
!ax Ao's.3
"ttn3 Cr.'Cs.3
/. DETAILS OF THE GUARANTORS
Aame of the company '
partnership firm ' proprietary
concern ' ;7! ' society '
trust
Aames of all partners ' ?arta
and all adult coparceners '
members ' proprietor(ess)
Aame(s) of the authorised
signatory(ies)
"ddress $here notice is to be
sent to
!ax Ao's.
BDmail id
-hone Ao's.
"ttn3 Cr.'Cs.
1. DATE OF THE FACILITY AGREE4ENT
The <<<<<<<< day of <<<<<<<<<<, T$o Thousand and <<<<<<<<<<<<<<<<
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=. A4OUNT OF THE FACILITY
Na)&s #* t-&
L&'&$s
A)#ut #* t-& Fa.(5(t6 +Rs (
)(55(#
" Ban5
B Ban5
6 Ban5
( Ban5
T#ta5 :
.. NON DISPOSAL OF ASSETS
The Guarantors shall not sell, transfer, assign, dispose off, mortgage, charge, pledge or create
any lien or in any $ay encumber their immoveable and moveable properties, $hether as sole
or %oint o$ner, more particularly described belo$, and the immoveable properties to be
ac)uired by the Guarantors in future, $hether as sole or %oint o$ner, $ithout the Lead
Ban5Fs'the LendersF security trusteeFs prior $ritten consent till the obligations under this
Guarantee are discharged in full 3
7 DESCRIPTION OF I44OVEABLE AND 4OVEABLE PROPERTIES 8
IN WITNESS WHEREOF the Guarantors have caused this Guarantee to be executed on the
day, month and year hereinabove $ritten in the manner hereinafter appearing.
(Applicable if the Guarantors are a body
corporate affixation of common seal to be as
per constitutional documents)
The 6ommon &eal of the $ithinnamed
Guarantors, + , has, pursuant to the *esolution
of its Board of (irectors'Trustees'Cembers
passed in that behalf on the + , day of + ,, + ,,
hereunto been affixed in the presence of 3
(1)
(@)
0*
("pplicable if the Guarantors are in the nature of
entity other than body corporate)
1
&2GAB( "A( (BL2EB*B( by the
$ithinnamed Guarantors, + ,, by the hand of
+ ,,
1
The agreement is to be signed, by all partners in case of partnerships> by the ?arta and all adult coparceners ' members in case of ;7!>
by the proprietor(ess) in case of proprietory concern
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