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Bank Guarantee Amount.................................. Dear Sir, Whereas you (the “PURCHASER”) have entered into a contract No._______ dated_________ (hereinafter referred to as the “said Contract”) with M/s__________________________ (hereinafter referred to as the “SELLER”) for supply of goods as defined in the said Contract and ...
Guarantee by bank sample format. For Performance Guarantee, Bid Bond Guarantee, Financial Guarantee, Advance Payment Guarantee, Foreign Bank Guarantee and Deferred Payment Guarantee
The Bank also agrees that the Purchaser at its option shall be entitled to enforce this Guarantee against the Bank as a principal debtor, in the first instance without proceeding against the Contractor and
1. The guarantee should be furnished by a Nationalised Bank / Scheduled Bank, authorised by RBI to issue a Bank Guarantee. 2. This bank guarantee should be furnished on stamp paper specified for the purpose. 3. The stamp paper should have been purchased in the Name of the Bank executing the Guarantee.
bank guarantee format Jt.DGFT/Dy.DGFT, Ministry of Commerce, New Delhi certifies that the terms and conditions of the said Authorisation have been fully and properly carried out by the Importer/Exporter and accordingly discharges this guarantee.
otherwise; andThat merely a demand for payment or money under this bond made by the Government on the sureties shall be final and binding on the sureties as to the liability and amount demanded from the Sureties and the said sum so demanded shall be paid by the Sureties to the Government wit. out any demur.Our liability under this guarantee is ...
The Bank undertakes to pay to ICEX, the amount hereby guaranteed within 24 hours of being served with a written notice requiring the payment of the amount either by hand delivery or by Registered Post or by Speed Post.
