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1. Issuing Bank Details: Full name, address, and regulatory information of the issuing bank
2. Beneficiary Details: Complete identification of the beneficiary, including address and reference numbers
3. Applicant Details: Full identification of the party requesting the SBLC/guarantee
4. Instrument Number: Unique reference number for the SBLC/guarantee
5. Type of Undertaking: Clear specification whether it's a standby letter of credit or bank guarantee
6. Amount and Currency: Maximum amount and currency of the undertaking
7. Effective Date and Expiry: Clear statement of when the instrument becomes effective and its expiry date
8. Underlying Transaction: Reference to the underlying commercial transaction or obligation being secured
9. Drawing Conditions: Specific conditions and documentation required for making a claim
10. Presentation Requirements: Format and location for presenting documents for payment
11. Governing Law and Jurisdiction: Explicit statement of German law governance and jurisdiction
12. Form of Demand: Specific format and content requirements for making a valid demand
13. Payment Terms: Timeframe and method for payment upon valid presentation
1. Automatic Extension Clause: Used when the parties want to include provisions for automatic extension of the expiry date
2. Partial Drawings: Include when multiple partial drawings are to be permitted
3. Transfer Provisions: Required if the instrument should be transferable to another beneficiary
4. Multiple Currency Provisions: Include when payments may be made in multiple currencies
5. Counter-Guarantee Details: Required when there is a counter-guarantee from another bank
6. Electronic Presentation Terms: Include when electronic presentation of documents is permitted
7. Force Majeure Provisions: Extended force majeure provisions beyond standard ICC rules
8. Reduction Schedule: Include when the amount of the undertaking reduces over time according to a schedule
1. Form of Demand: Template for the beneficiary to use when making a demand under the instrument
2. Required Documents: Detailed list and formats of all documents required for presentation
3. Authorized Signatories: List of persons authorized to sign demands with specimen signatures
4. Reduction Schedule: If applicable, detailed schedule showing amount reductions over time
5. Underlying Contract Extract: Relevant excerpts from the underlying contract being guaranteed
6. Fee Schedule: Schedule of fees and charges applicable to the instrument
7. Communication Methods: Approved methods and contact details for communications
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