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1、PERFORMANCE BOND/GUARANTEETo:(Name and Address of Beneficiary) Date :(Issuing Date)No.: (Guarantee Number) We have been informed that, (Name Of The Applicant)(hereinafter referred to as the Applicant), has entered into contract No. (Contract Number) dated (Date Of The Contract) with you, for (Descri
2、ption Of Goods And/Or Services Or Project) at a total price of (The Contract Price).Furthermore, we understand that, according to the conditions of the contract, a Performance Bond/Guarantee is required.At the request of the Applicant, we, BANK OF ZHENGZHOU CO.,LTD (Address Of The Bank), hereby issu
3、e this letter of guarantee and irrevocably undertake to pay you any sum or sums not exceeding in total an amount of (Amount In Figures)(say: Amount In Words) within (Agreed Number Of Business Days) Business Days upon receipt of your first written demand stating:1.that the Applicant is in breach of h
4、is obligation(s) under the underlying contract; and2.the respect in which the Applicant is in breach.Your demand for payment must also be accompanied by the following document(s): (specify document(s) if any, or delete)1.2.This Bond/Guarantee shall become effective from (Effective Date) and expire o
5、n the earlier of (i) (Expire Event)2 (ii) (Expiry Date) at the latest. Consequently, any demand for payment under this Bond/Guarantee must be received by us at (name and address of our office) on or before the expirydate. Upon expiry,this Bond/Guarantee shall automatically become null and void whether or not it is returned to us for cancellation.This Bond/Guarantee is subject to the Uniform Rules for Demand Guarantees(URDG)2010 revision, ICC Publication No.758. BANK OF ZHENGZHOU CO.,LTD 1、在实际业务中,应争取在保函中增加金额递减条款。具体英文措辞可参照前面的预付款保函。2、此处可根据具体合同的约定明确一个失效事件。
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