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1. Parties: Identifies the three key parties: the Government (Guarantor), the Bank (beneficiary), and the Principal Debtor
2. Background: Explains the context and purpose of the guarantee, including reference to the underlying obligation
3. Definitions: Defines key terms used throughout the guarantee document
4. Guarantee Amount: Specifies the maximum amount of the guarantee and any conditions related to the amount
5. Scope of Guarantee: Details the exact obligations being guaranteed and the extent of the government's liability
6. Duration and Validity: Specifies the effective period of the guarantee and any extension conditions
7. Invocation Conditions: States the circumstances and process under which the guarantee can be invoked
8. Payment Terms: Outlines the payment process, timeline, and method when guarantee is invoked
9. Government's Rights: Specifies the government's rights including right of subrogation and reimbursement
10. Governing Law and Jurisdiction: Specifies Indian law as governing law and defines jurisdiction for disputes
1. Counter Guarantee: Required when there is a counter-guarantee from the principal debtor to the government
2. Step-in Rights: Include when government requires right to step into the underlying contract
3. Multiple Beneficiaries: Required when guarantee benefits multiple banks or financial institutions
4. Currency Provisions: Include for guarantees involving foreign currency obligations
5. Force Majeure: Optional clause defining circumstances beyond control that affect guarantee obligations
6. Assignment Restrictions: Include when specific restrictions on assignment of guarantee are needed
1. Schedule 1 - Underlying Agreement Details: Details of the primary agreement or obligation being guaranteed
2. Schedule 2 - Form of Demand: Prescribed format for making a demand under the guarantee
3. Schedule 3 - Project Details: Details of the project or transaction for which guarantee is being provided
4. Appendix A - Government Approval: Copy of relevant government approval authorizing the guarantee
5. Appendix B - Supporting Documents: List and copies of supporting documents referenced in the guarantee
6. Appendix C - Payment Instructions: Detailed payment instructions and bank account details
Beneficiary
Principal Debtor
Guarantee Amount
Underlying Agreement
Demand Notice
Business Day
Effective Date
Expiry Date
Event of Default
Government Approval
Guaranteed Obligations
Invocation
Material Adverse Effect
Payment Date
Project
Relevant Authority
Security
Stamp Duty
Supporting Documents
Applicable Law
Banking Day
Claim Period
Default Interest
Force Majeure Event
Guarantee Fee
Maximum Liability
Notice
Permitted Assignment
Related Documents
Sovereign Acts
Specified Currency
Subrogation Rights
Validity Period
Working Day
Payment Terms
Duration and Validity
Invocation Rights
Default Events
Government Authority
Representation and Warranties
Compliance Requirements
Regulatory Approvals
Force Majeure
Assignment and Transfer
Notices
Dispute Resolution
Governing Law
Jurisdiction
Amendment and Modification
Stamp Duty and Registration
Severability
Indemnification
Confidentiality
Subrogation Rights
Counter-Indemnity
Termination
Extension and Renewal
Currency and Exchange
Tax Provisions
Record Keeping
Reporting Requirements
Sovereign Immunity
Anti-Corruption
Infrastructure
Energy
Transportation
Healthcare
Education
Defense
Public Works
Telecommunications
Urban Development
Agriculture
Mining
Aviation
Legal
Finance
Government Relations
Treasury
Risk Management
Compliance
Project Finance
Corporate Affairs
Contract Management
Credit Administration
Chief Financial Officer
Finance Director
Legal Counsel
Government Relations Manager
Project Finance Manager
Treasury Manager
Risk Management Officer
Compliance Officer
Public Private Partnership Director
Banking Operations Manager
Credit Risk Officer
Corporate Finance Manager
Government Affairs Director
Contract Management Specialist
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