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1. Letter Header and Date: Bank's letterhead, reference number, and date of issuance
2. Beneficiary Details: Full name and address of the party in whose favor the guarantee is issued
3. Guarantee Number: Unique identification number of the guarantee
4. Principal Details: Full name and address of the party on whose behalf the guarantee is issued
5. Underlying Transaction: Reference to the underlying contract or transaction that the guarantee supports
6. Guarantee Amount: The maximum amount guaranteed, stated in both numbers and words
7. Type of Guarantee: Specification of whether it's a performance guarantee, payment guarantee, bid bond, etc.
8. Terms of Payment: Conditions under which the guarantee can be called and payment will be made
9. Validity Period: Effective date and expiry date of the guarantee
10. Claim Procedure: Process and requirements for making a claim under the guarantee
11. Governing Law: Statement that the guarantee is governed by German law
12. Authentication: Bank's authorized signatures and stamps
1. Reduction Clause: Used when the guarantee amount may be reduced over time according to specific conditions
2. Transfer Provisions: Include when the guarantee needs to be transferable to another beneficiary
3. Force Majeure Clause: Added for international guarantees where force majeure events need to be addressed
4. Language Provision: Required when the guarantee is issued in multiple languages
5. Counter-Guarantee Reference: Included when there is a counter-guarantee from another bank
6. Uniform Rules Reference: Reference to ICC URDG 758 if the guarantee is subject to these rules
7. Special Conditions: Any special terms or conditions specific to the particular guarantee or transaction
1. Claim Format: Standard format for submitting claims under the guarantee
2. Supporting Documents List: List of required documents that must accompany any claim
3. Reduction Schedule: If applicable, schedule showing planned reductions in guarantee amount
4. Underlying Contract Extract: Relevant excerpts from the underlying contract that the guarantee supports
5. Authentication Specimens: Specimen signatures and authentication methods accepted by the bank
Beneficiary
Principal
Issuing Bank
Underlying Contract
Expiry Date
Effective Date
Claim Period
Force Majeure Event
Demand Notice
Business Day
Banking Day
Guaranteed Obligations
Payment Currency
Supporting Documents
Authorized Representative
Counter-Guarantee
Guarantee Number
Place of Issue
Permitted Transfer
Event of Default
Maximum Liability Amount
Reduction Schedule
Claim Documents
Authentication Method
Payment Obligations
Validity Period
Claims Procedure
Notice Requirements
Reduction
Assignment and Transfer
Governing Law
Jurisdiction
Force Majeure
Authentication
Expiry
Amendment
Counter-Guarantee
Document Presentation
Payment Terms
Dispute Resolution
Language
Notices
Bank's Rights and Obligations
Banking and Financial Services
International Trade
Construction and Infrastructure
Manufacturing
Energy and Utilities
Real Estate
Retail and Consumer Goods
Telecommunications
Transportation and Logistics
Government and Public Sector
Legal
Treasury
Trade Finance
Risk Management
Corporate Banking
Compliance
Credit
Finance
Operations
International Banking
Project Finance
Treasury Manager
Trade Finance Manager
Risk Management Officer
Corporate Banking Officer
Legal Counsel
Financial Controller
Credit Risk Analyst
Compliance Officer
Account Relationship Manager
Project Finance Manager
Chief Financial Officer
Contract Manager
Banking Operations Manager
International Trade Specialist
Senior Credit Officer
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