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1. Parties: Identification of the Bank (Guarantor), the Applicant (Principal), and the Beneficiary
2. Background: Context of the guarantee facility, including the underlying business relationship
3. Definitions: Key terms including Guarantee Amount, Facility Limit, Reinstatement provisions, and Expiry mechanisms
4. Facility Details: Specification of the total facility limit, individual guarantee limits, and facility period
5. Issuance Mechanics: Procedures for requesting, issuing, and reinstating guarantees under the facility
6. Bank's Obligations: Scope of the bank's guarantee obligations and payment terms
7. Revolving Nature: Mechanisms for reinstatement of guarantee amounts and cycling of the facility
8. Fees and Costs: All applicable fees, charges, and payment terms
9. Representations and Warranties: Standard declarations by the Applicant regarding their capacity and authority
10. Counter-Indemnity: Applicant's obligation to reimburse the bank for any payments made under guarantees
11. Security: Requirements for any collateral or security to be provided
12. Term and Termination: Duration of the facility and termination provisions
13. Governing Law and Jurisdiction: Confirmation of German law application and jurisdiction
1. Multicurrency Provisions: Include when guarantees may be issued in multiple currencies
2. Digital Issuance: Include when guarantees may be issued electronically or through specific platforms
3. Multiple Beneficiaries: Include when the facility allows for guarantees to multiple beneficiaries
4. Syndication: Include when multiple banks may participate in providing the guarantee facility
5. Sanctions Compliance: Include when international trade or cross-border elements are involved
6. Step-In Rights: Include when third parties may have rights to take over the facility
7. Transfer Provisions: Include when transfer of guarantees or facility rights may be permitted
1. Form of Individual Guarantee: Template for individual guarantees to be issued under the facility
2. Fee Schedule: Detailed breakdown of all fees, charges, and commission rates
3. Issuance Request Form: Standard form for requesting new guarantees under the facility
4. Authorized Signatories: List of persons authorized to request guarantees and act for the Applicant
5. Security Documents: Forms of any required security documents or collateral arrangements
6. Conditions Precedent: List of all documents and conditions required before facility utilization
7. Compliance Certificates: Templates for periodic compliance certification by the Applicant
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