预付款保函 英语版 Advance Payment Guarantee_预付款保函格式

预付款保函 英语版 Advance Payment Guarantee由刀豆文库小编整理，希望给你工作、学习、生活带来方便，猜你可能喜欢“预付款保函格式”。

Advance Payment Guarantee

We have been informed that(hereinafter called “the Principal”),hasenteredintoacontract(),forthe projectof().Furthermore we understand that, according to the conditions of the contract, a down payment in the sum of USD()(say United States Dollars XX)is to be made against a down payment guarantee.At the request of the Principal, we, the undersigned, The Bank(), Head Office, having our registered addre at(), hereby irrevocably undertake to pay youany sum or sums not exceeding in total an amount of USD()(say United States Dollars XX)(hereinafter called “the guaranteed amount” upon receipt by us of your first demand in writing and your written statement stating:

1.that the Principal is in breach of his obligation(s)under the contract;and

2.the respect in which the Principal is in breach.Your demand and accompanying documents shall be forwarded directly by you to us with authorized signature.This guarantee shall become effective upon the receipt of the down payment by the Principal.The effective amount shall always correspond to the amount actuallyreceived by the Principal.But in any case not exceeding the guaranteed amount.It is a condition for any claim and payment under this guarantee to be made that the downpayment has been actually received.The maximum amount of this guarantee will be automatically reduced by percent ofthe total value of each part-shipment/ interim work finished against presentation to usby the principal of copies of the relevant invoice(s)and transport document(s)/theinterim work certificate.This guarantee shall expire upon the time when the total guaranteed amount has been reduced to zero in the above-mentioned manner, or until 20th, August 2014, whicheveris earlier, after which this guarantee shall be automatically cease to be valid whetherthe original of this guarantee is returned to us or not.Consequently any demand for payment under it must be received by us at this officeon or before that date.Any dispute over the interpretation of the conditions of this letter of guarantee shall be subject to the Uniform Rules for Demand Guarantees ICC Publication No.458.For and on behalf of

TheBank()，Head Office