Deferred Payment Bank Guarantee Template for United Arab Emirates

1. Counter Guarantee: Required when the guarantee is issued through a correspondent bank or involves multiple banking parties

2. Assignment: Include when the rights under the guarantee may need to be transferable

3. Force Majeure: Add when specific force majeure provisions are required beyond standard UAE law provisions

4. Language: Include when the guarantee needs to be bilingual or specify which language version prevails

5. Partial Drawings: Include when multiple drawings under the guarantee are permitted

6. Anti-Money Laundering Compliance: Add when dealing with international transactions or high-risk sectors

1. Schedule 1 - Form of Demand: Template for making a valid demand under the guarantee

2. Schedule 2 - Payment Schedule: Detailed schedule of deferred payment dates and amounts

3. Schedule 3 - Supporting Documents: List of required documents to be presented with any demand

4. Appendix A - Underlying Commercial Agreement Details: Key details from the underlying commercial agreement relevant to the guarantee

5. Appendix B - Authorized Signatories: List of persons authorized to make demands under the guarantee