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1. Parties: Identification of the Guarantor, the Bank (Beneficiary), and the Depositor
2. Background: Context of the guarantee, including reference to the underlying deposit arrangement
3. Definitions: Definitions of key terms used throughout the guarantee document
4. Guarantee: Core terms of the guarantee, including amount, duration, and scope
5. Term Deposit Details: Specific details of the term deposit being guaranteed
6. Guarantor's Obligations: Detailed description of the guarantor's responsibilities and commitments
7. Conditions Precedent: Conditions that must be met before the guarantee becomes effective
8. Representations and Warranties: Statements of fact and assurances provided by the guarantor
9. Payment Provisions: Terms governing how and when payments under the guarantee must be made
10. Duration and Termination: Period of validity and circumstances under which the guarantee may end
11. Regulatory Compliance: Provisions ensuring compliance with relevant banking and financial services laws
12. Notices: Communication requirements and contact details for all parties
13. Governing Law and Jurisdiction: Specification of South African law as governing law and jurisdiction details
14. Execution: Signature blocks and execution requirements for all parties
1. Security Provisions: Additional security measures required from the guarantor (used when additional collateral is pledged)
2. Counter-Indemnity: Terms of indemnification from the depositor to the guarantor (used in three-party arrangements)
3. Step-In Rights: Rights of the guarantor to step into the depositor's position (used in complex commercial arrangements)
4. Foreign Currency Provisions: Special provisions for guarantees involving foreign currency deposits
5. Multiple Guarantors: Additional terms for cases involving more than one guarantor
6. Assignment and Transfer: Terms governing the transfer of guarantee rights (used in transferable guarantees)
1. Schedule 1 - Term Deposit Details: Detailed specifications of the term deposit including amount, term, interest rate, and account details
2. Schedule 2 - Guarantee Amount and Payment Terms: Detailed breakdown of the guarantee amount and specific payment arrangements
3. Schedule 3 - Security Details: Details of any security or collateral provided by the guarantor
4. Schedule 4 - Compliance Documents: List of required regulatory compliance documents and certifications
5. Appendix A - Form of Demand: Standard format for making a demand under the guarantee
6. Appendix B - Required Notices: Templates for various notices required under the guarantee
Applicable Laws
Banking Day
Business Day
Demand
Deposit
Deposit Account
Deposit Amount
Deposit Period
Deposit Terms
Early Termination Event
Effective Date
Enforcement Event
Event of Default
Financial Indebtedness
Guarantee
Guarantee Amount
Guarantee Period
Guaranteed Obligations
Guarantor
Interest Rate
Maturity Date
Notice of Demand
Parties
Payment Date
Permitted Security Interest
Regulatory Authority
Relevant Jurisdiction
Security
Specified Currency
Tax
Term Deposit
Term Deposit Agreement
Termination Date
Trigger Event
Valid Claim
Validity Period
Payment Terms
Term and Duration
Representations and Warranties
Security
Conditions Precedent
Events of Default
Enforcement
Demand Procedures
Currency and Payment
Tax Gross-up
Indemnification
Assignment and Transfer
Set-off Rights
Bank Rights
Regulatory Compliance
Anti-Money Laundering
Information Rights
Notice Requirements
Costs and Expenses
Amendments and Waivers
Severability
Counterparts
Electronic Execution
Confidentiality
Force Majeure
Dispute Resolution
Governing Law
Jurisdiction
Banking
Financial Services
Insurance
Corporate Treasury
Investment Management
Real Estate
Mining
Manufacturing
Retail
Professional Services
Legal
Finance
Treasury
Compliance
Risk Management
Corporate Banking
Credit
Operations
Company Secretariat
Commercial Banking
Chief Financial Officer
Treasury Manager
Financial Director
Bank Relationship Manager
Corporate Banking Officer
Legal Counsel
Compliance Officer
Risk Manager
Corporate Treasurer
Financial Controller
Banking Operations Manager
Senior Financial Analyst
Company Secretary
Commercial Banking Manager
Credit Risk Officer
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