1. Multiple Beneficiaries: Required when payment undertaking is given in favor of multiple parties

2. Security Provisions: Include when additional security is provided to support the payment undertaking

3. Step-In Rights: Required when third parties have rights to assume the position of either party

4. Currency Provisions: Include for cross-border transactions or when payments may be made in multiple currencies

5. Tax Provisions: Required when tax implications need specific addressing

6. Force Majeure: Include when certain events should excuse or delay payment obligations

7. Assignment and Transfer: Include when rights under the agreement may need to be transferred

8. Demand Procedures: Required when specific procedures for demanding payment need to be detailed

1. Payment Schedule: Detailed breakdown of payment amounts and due dates

2. Form of Demand: Template for making formal payment demands under the agreement

3. Bank Account Details: Specified account information for making payments

4. Supporting Documents: List and copies of relevant underlying agreements or documents

5. Conditions Precedent: List of documents or conditions required before agreement becomes effective

6. Authorized Signatories: List of persons authorized to make or receive payment demands

7. Calculation Methods: Detailed methodology for calculating variable payments or adjustments