The three main partners of a standard guarantee are: a downstream guarantee is a guarantee provided by the parent company to its subsidiary in order to assure lenders that the subsidiary will fulfil its financial obligations. In the event that the subsidiary is unable to make its loan repayments, the parent company undertakes to repay the loan on behalf of the subsidiary. In some situations, a limited warranty is used to limit the guarantor`s obligation. For example, the surety may only have to repay a specified amount of the debtor`s credit instead of the full amount. Under these conditions, the warranty document must clearly indicate the amount of the limited warranty. If the loan is too large for a company to guarantee, several related companies may offer to cover a proportionate portion of the total loan. If the debtor is unable to make the agreed repayments, each of the guarantors is responsible for executing the repayment of the loan. (b) The collateral contained therein shall also terminate and be released on the date or dates set out in section 9.15 of the credit agreement and in the manner set out in section 9.15 of the credit agreement. . . .