PandaTip: The models in this term are short and cover the most important points of an ancillary agreement, while the details are left to established contractual law. It is advisable to have this agreement verified by a licensed lawyer before the parties involved sign it. PandaTip: Use the text fields in this template to describe the guarantees and debts related to the guarantee agreement. Be sure to be detailed in the description of the security interests. For example, if a vehicle is used as a warranty, please list the manufacturer variant, model, color, mileage, equipment and wine number. A credit agreement is more comprehensive than a debt instrument and contains clauses about the entire agreement, additional expenses and the modification process (i.e.: How to change the terms of the agreement). .