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1. Parties: Identification of the issuing bank and beneficiary bank with full legal names and addresses
2. Background: Context of the guarantee, including reference to the underlying transaction or relationship
3. Definitions: Definitions of key terms used throughout the guarantee agreement
4. Guarantee Amount and Scope: Specific amount of the guarantee and exact scope of what is being guaranteed
5. Duration and Validity: Term of the guarantee, including commencement and expiry dates
6. Obligations of the Issuing Bank: Detailed responsibilities and commitments of the bank issuing the guarantee
7. Claim Procedures: Process and requirements for making claims under the guarantee
8. Payment Terms: Terms and conditions for payment upon receipt of a valid claim
9. Representations and Warranties: Standard banking representations and regulatory compliance warranties
10. Communications: Methods and requirements for formal communications between parties
11. Governing Law and Jurisdiction: Applicable law and courts having jurisdiction over disputes
12. Dispute Resolution: Procedures for handling disputes between the banks
13. Termination: Circumstances and procedures for early termination of the guarantee
1. Counter-Guarantee Provisions: Required when there is a counter-guarantee arrangement with a third bank
2. Digital Authentication: Include when the guarantee will be issued or managed through electronic platforms
3. Foreign Currency Provisions: Required when the guarantee involves foreign currency transactions
4. Multiple Bank Participation: Include when multiple banks are involved in the guarantee structure
5. Special Conditions: Any unique conditions specific to the particular guarantee relationship
6. Step-in Rights: Include when there are provisions for another bank to take over the guarantee obligations
7. Force Majeure: Detailed force majeure provisions if required beyond standard terms
1. Schedule 1 - Guarantee Amount and Currency Details: Detailed breakdown of the guarantee amount, currency, and any conversion provisions
2. Schedule 2 - Claim Forms and Procedures: Standard forms and detailed procedures for making claims under the guarantee
3. Schedule 3 - Communication Templates: Standard formats for various notices and communications under the guarantee
4. Schedule 4 - Authorized Signatories: List of authorized signatories from each bank with specimen signatures
5. Schedule 5 - Fee Structure: Details of all fees, charges, and commission applicable to the guarantee
6. Appendix A - Compliance Requirements: Regulatory compliance requirements and documentation
7. Appendix B - Technical Requirements: Technical specifications for electronic communications or platforms if applicable
Banking
Financial Services
International Trade
Infrastructure
Construction
Manufacturing
Import/Export
Energy
Telecommunications
Commercial Real Estate
Legal
Compliance
Risk Management
Trade Finance
International Banking
Credit Operations
Treasury
Documentary Credits
Regulatory Affairs
Financial Institutions
Trade Finance Manager
Risk Management Officer
Legal Counsel
Compliance Officer
Banking Operations Manager
Credit Manager
International Banking Officer
Treasury Manager
Documentary Credits Manager
Relationship Manager - Financial Institutions
Chief Risk Officer
Head of Legal
Banking Operations Director
Senior Credit Analyst
Regulatory Compliance Manager
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