Revolving Bank Guarantee Template for Hong Kong

1. Parties: Identification of the Bank (Guarantor), the Applicant, and the Beneficiary

2. Background: Context of the guarantee, underlying relationship between Applicant and Beneficiary

3. Definitions: Definitions of key terms including Guarantee Amount, Expiry Date, Revolving Mechanism, etc.

4. Guarantee and Revolving Facility: Core terms of the guarantee including amount, revolving nature, and reinstatement provisions

5. Demand Procedure: Process and requirements for making demands under the guarantee

6. Payment Terms: Terms governing payment, including timing, currency, and method

7. Bank's Rights and Obligations: Detailed provisions regarding the Bank's responsibilities and rights

8. Applicant's Obligations: Obligations of the Applicant including reimbursement and fee payment

9. Representations and Warranties: Standard representations and warranties from all parties

10. Fee Structure: Details of fees, charges, and commission payable

11. Term and Termination: Duration of the guarantee and circumstances for termination

12. Governing Law and Jurisdiction: Specification of Hong Kong law and jurisdiction provisions

1. Form of Demand: Template for making demands under the guarantee

2. Fee Schedule: Detailed breakdown of all applicable fees and charges

3. Underlying Contract Details: Summary or extract of the underlying contract being guaranteed

4. Security Documents: List and copies of related security documents if applicable

5. Authorized Signatories: List of authorized signatories for all parties

6. Communication Details: Contact information and notice details for all parties