PLEASE COPY/PASTE THIS FORM AND SEND IT TO kingsolomongroup@gmail.com
LETTER OF INTENT/ RWA / CONTRACT
Date:
TO: SEACOAST SECURITIES, LLC
VIA:DR WILSON CHRISTSON
We, XXX., represented by Mr. XXXX, with passport Number: XXXX issued by XXXXXX, do hereby confirm with full legal and corporate responsibility, under penalty of perjury, that XXXX., is ready, willing and able to purchase with good, clean and cleared Euros (€) of non-criminal origins, through our banking source, the SLIGHTLY SEASONED BANK GUARANTEES (“BG”) described below, derived from legal sources and of non-criminal origin.
DESCRIPTION OF INSTRUMENT
Instrument: BANK GUARANTEES Cash-Backed
Term: 1 YEAR AND 1 DAY
Issuing Banks: HSBC /BARCLAYS/DUETSCHE OR RATED AAA WEB
Age: Slightly Seasoned
Currency: European Union Currency (EURO) /USD
Amount: EURO 2BILLION (€2,000,000,000.00)
Invoice Price: 67% OF FACE VALUE
Coupon Rate: 4.5%
Isin Number XS0327098694
Commission: One Percent (1%) of Face Value
First Tranche: Five Hundred Million Euros
Subsequent Tranches: To be mutually agreed upon
Settlement: MT103
Delivery: MT799 followed by SWIFT MT-760 and Hardcopy to be
delivered via Bank-bonded courier within seven (7) banking days
TRANSACTION PROCEDURES: READ CAREFULLY
1. Buyer sends letter of intent (LOI) to the Seller. The LOI should contain copies of l buyer’s passport, Company’s resolution and Client’s Information Sheet (CIS).
2. Within (2) international banking days Seller countersigns LOI and returns to buyer with Details of Issuing bank, passport copy . This LOI automatically becomes a full commercial recourse contract. Both parties shall lodge the executed contract with their respective banks.
3. Buyer within (3) international banking days instruct his bank to send POF by swift MT799 or security deposit of 1% of the face value to the Seller’s provided receiving bank coordinate and send swift copy to Seller, For verification and authentication of the SWIFT POF MT799 or MT103-23.
4. After 5 banking day’s Seller confirm the SWIFT POF via MT799/MT103-23 or Security deposit, Seller Bank will send by SWIFT MT760 of the BG. Buyer bank confirms BG MT760 and release the payment by wire transfer by MT103 Fed Wire within 3-5 banking days.
5. Within 3 banking days after receiving Payment and brokers fees, Hard copy will be sent to buyer bank by bank-bonded courier.
6. Any unauthorized calls by any party or its representative lawyers to probes or communication in an improper way to bank(s) in this transaction shall be prohibited and contract terminated
7. This Letter of Intent is a full recourse commercial commitment governed by the Law of the jurisdiction that both parties reside and standards under ICC Regulation.
8. NOTE: NON PERFORMED PARTY WITH THE TIME SCHEDULE WILL PAY PENALTY OF 2% OF THE CONTRACT VALUE AND HIS PASSPORT WILL BE LODGED FOR INTEROGATION WITH FBI/ICC/INTERPOL.
BANKING INFORMATION
BUYER’S BANKING COORDINATES
BANK NAME:
BANK ADDRESS:
BANK OFFICER:
BANKER TEL:
BANKER FAX:
BANKER EMAIL:
SWIFT CODE:
ABA ROUTING or WIRE NUMBER:
ACCOUNT NAME:
ACCOUNT No:
SELLERS bank co-ordinatesto issue instrument:
PROVIDER / RECIEVING BANKING COORDINATES: (TBA)
(TO BE PROVIDED ON CORPORATE INVOICE)
SELLER RESERVES the right TO USE ANY OF HIS BANK ACCOUNT TO RECEIVE HIS PAYMENT. (IT’S OUR BANK REGULATIONS AND PROCEDURE).
Improper release of the above banking information, for any reason, without the written prior authorization of other party, shall be considered as a Breach of Contract and will make a defaulted party to be actionable for damages sustained hereby. Each party is not allowed to contact the other party's bank without expressed written permission. Any party attempting to do so will lead to cancellation of the transaction.
CONDITION
This Agreement shall remain valid and full force for thirty international banking days from the date of issue. After such time it shall expire. This Agreement, if unsigned, shall be rendered NULL and VOID.
ARBITRATION
The Parties agree to settle any dispute arising between them on an amicable manner. In the event of failure to an amicable settlement, the Parties agree to submit any irreconcilable to ICC office in Geneva, Switzerland, by three arbitrary appointed in accordance with ICC rules.
ASSIGNMENT
Neither Party may assign or delegate its interest or duties without prior written consent of the other Party.
SEVERABILITY
In the event that one of the articles or addendum of this Agreement is considered void and enforceable, the whole Agreement is considered enforceable and cease to exist. The Parties shall in good faith negotiate with any possible correction to the above even in order to prevent the dissolution of the entire Agreement.
AGREEMENT EXECUTION
Each party to this Agreement represent that it has Full Legal Authority to execute this Agreement and that each party agrees to be bound by Terms and Conditions set forth herein each Party agrees that this Agreement may be executed simultaneously by and between Parties via Email or Facsimile Transmission which should be deemed as Original. All statements made by either party are under penalty of perjury.
FORCE MAJEURE
Neither Party to this Agreement shall be responsible for Breach of Contract caused by an act of God, Civil Insurrections, Military War Operation or local Emergency – The Parties hereby accept the International Provision of the “FORCE MAJEURE” as defined by ICC 458, Publications, whichever relates to the Bank Guarantee issuance applies.
NON CIRCUMVENTION & NON DISCLOSURE
The parties herein agree the non-circumvention / non-disclosure rules of all issues from ICC, and the latest edition shall apply to the transaction for a period of (5) five years from the date of execution of this agreement by the undersigned, his / her assigns, agents, and / or heirs. This NC/ND also applies to any and all other transactions direct or indirect. Regarding this transaction and its possible extension and roll over, each Party and their respective intermediaries warrant not revealing the Banking Coordinates, provided herein, to any individual or institution other than those Banking Officers necessary for completion of this transaction.
After confirming, by signature and seal, this Agreement/ Contract will be effective equal as an agreement. Each party holds one of the effective Agreement/Contract. By their execution below, the parties hereto agree to the general terms and conditions herein and warrant onto the other the entire agreement between parties.
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aGREED, ACCEPTED AND Signed this 07 May 2011 For and on behalf BUYER : XXXXXXXXXX
Signed by : _____________________________
NAME:
TITLE:
PASSPORT #:
ISSUE DATE:
EXPIRY DATE:
aGREED, ACCEPTED AND Signed this 07 May 2011 For and on behalf SELLER:
Signed by : _____________________________
NAME:
TITLE:
GOV ID #:
ISSUE DATE:
EXPIRY DATE:
IRREVOCABLE PAY ORDER AGREEMENT
Dated:
DESCRIPTION OF INSTRUMENT
Instrument: BANK GUARANTEES Cash-Backed
Term: 1 YEAR AND 1 DAY
Issuing Banks: HSBC /BARCLAYS/DUETSCHE OR RATED AAA WEB
Age: Slightly Seasoned
Currency: European Union Currency (EURO) /USD
Amount: EURO 2BILLION (€2,000,000,000.00)
Invoice Price: 67% OF FACE VALUE
Coupon Rate: 4.5%
Isin Number XS0327098694
Commission: One Percent (1%) of Face Value
First Tranche: Five Hundred Million Euros
Subsequent Tranches: To be mutually agreed upon
Settlement: MT103
Delivery: MT799 followed by SWIFT MT-760 and Hardcopy to be
delivered via Bank-bonded courier within seven (7) banking days
We, xxxx. Represented By: XXX, holder of XXX Passport No.: XXX (Herein after the “Payor”)acting with full responsibility, hereby irrevocably and unconditionally, without protest or notification, without prejudice, recourse, or delay guarantee to pay the fee entitled to the beneficiaries listed on this document, via Wire transfer, at the time of settlement of each and Every tranche of the transaction. This Fee Agreement is our irrevocable pay order to the intermediaries and is and shall remain an intricate part of the contract between the buyer and the seller.
This pay order shall remain in effect until this transaction, including any renewals, extensions and additions are fully completed.
We confirm that upon the execution of this “Fee Protection Agreement” this document is our Irrevocable Pay order. This Agreement-Pay order shall be lodged in our bank and a copy from that bank will be forwarded to you the beneficiaries. We agree that this irrevocable pay-order will also be lodged with seller’s side paymaster’s bank for the simultaneous collection with the first tranche.
In recognition for the services rendered towards the completion of contractual formalities and the commencement of the above referenced transaction, we the undersigned Payor, hereby irrevocably and unconditionally, without protest, demand or delay, promise and guarantee to pay consultancy fees of One Percent (1.0%) of the face value of the instruments, for the benefit of the consultants being hereinafter called collectively the “beneficiaries” and individually a “Beneficiary”.
The said consultancy fee shall be paid upon the successful closing of each and every tranche concurrently with each payment of the instruments purchased by us. Further, the said consultancy fees shall be paid in good, clean clear and unencumbered United States Dollars and delivered, via wire transfer, to your designated trust account coordinates.
This “Fee Agreement-Pay Order” is unconditional, assignable and divisible. This “Fee Agreement-Pay Order” shall ensure to the benefit of the beneficiaries and their respective heirs, administrators, successors and assigns, as the case may be, and shall be binding and enforceable upon us, our successors and assigns as the case may be, until this transaction, including any renewals, extensions and additions are fully completed.
This Fee Agreement-Pay Order, if transmitted by facsimile, shall be considered an original, legally enforceable document.
Generally recognized International Standards of Non Circumvention and Non-disclosure are applicable for a period of Five Years from the date of this document or the last date of the contract including any renewals, extensions and additions are fully completed and we agree to respect those.
We hereby declare that we are fully aware that the information received from you is in direct response to our request and is not in any way considered or intended to be a solicitation of funds of any sort, or any type of offering, and is intended for our general knowledge only.
We hereby affirm, under penalty of perjury, that we have requested information from you and your organization by our choice and free will, and further that you have not solicited us in any way.
We understand that the contemplated transaction is strictly one of private placement and is in no way relying upon or relating to the United States Securities Act of 1933, as amended, or related regulations, and does not involve the sale of securities. Further, we hereby declare we are not licensed brokers or government employees and understand neither are you or your organization.
We mutually agree that this private placement transaction is exempt from the Securities Act and is not intended for the general public and all materials are for our “PRIVATE USE ONLY”. Intermediaries are NOT Advisors of any kind.
All negotiations terms and conditions are between the principle parties and their perspective legal counsel only! Both principle parties are responsible for the ramification of their own actions. All Intermediaries are considered introducers and held harmless from any legal actions brought on by either party. Parties to this agreement are independent contractors and all contemplated payments and/or disbursements hereunder are divided interests. Nothing in this agreement construes or creates a partnership or employer/employee relationship between or among the parties hereto.
All taxes, federal, state or other are the independent responsibility of each of the parties hereto. The above stated codes, (the seller’s code to be provided by the seller) and any other identification codes shall remain the same and shall not be changed until this transaction including any renewals, extensions and additions are fully completed and we agree to respect those.
The transaction code may be amended only by agreement between all parties hereto. This transmission via facsimile will be accepted as an original and I confirm that I have authority to execute this Pay Order.
Irrevocable Fee Protection / Irrevocable Pay order for Consultant Fees of the face value from each and every tranche of this transaction, including any rolls or extensions, to be shared equally as follows:
SELLER’S SIDE COMMISSION OF 0.5% OF FULL FACE VALUE, INCLUDING ROLLS AND EXTENSIONS
SELL SIDE GROUP 1 PAYMASTER: ( CLOSED)
TOTAL COMMISSION PAYABLE: 1% OF FULL FACE VALUE, INCLUDING ROLLS AND EXTENSIONS
| Pay Master | TBA |
| Represented by: | TBA |
| Designation: |
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| Passport No |
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| Nationality |
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| Signature |
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| Date / Seal |
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| Bank Name |
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| Bank Address |
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| Account No. |
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| Account Name |
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| SWIFT |
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| ABA # |
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| Bank Officer |
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| Bank Telephone /Fax |
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| Beneficiaries |
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| Special Instructions | All Wire transfers shall incorporate below Text Message and a copy of Bank Wire Transfer slip shall be emailed to:, or legal verification and documentation pursuant to Patriot Act/Banking regulations with One Original Contract copy to be filed with Bank. |
| Required Instructions | Text Message: The S.W.I.F.T. or Clear Stream text message covering all remittances shall clearly state the following: "CLEAN, CLEARED, LIEN FREE AND UNENCUMBERED FUNDS, EARNED FROM FINANCIAL CONSULTING FEES ON COMMERCIAL ENTERPRISES OF NON-CRIMINAL AND NON-TERRORIST ORIGINS, KNOWN BY BUYER or SELLERS CODE: "XXXX-XXXX-xxxx", FOR SAME DAY SETTLEMENT. |
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Special Instructions : SAME DAY TRANSFER AND IMMEDIATE CREDIT
Required Message : “The Remitter is known to us. This is done with Full Banking Responsibility and we are satisfied as to the Source of Funds sent to us.
BUYER’S SIDE COMMISSION OF 0.5% OF FULL FACE VALUE, INCLUDING ROLLS AND EXTENSIONS, SHALL BE PAID TO THE FOLLOWING PAYMASTERS:
| BENEFICIARIES: |
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| PAYMASTER: |
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| BANK NAME: |
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| BANK ADDRESS: |
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| ACCOUNT HOLDER: |
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| BANK ACCOUNT NO:
BANK CODE: |
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| BANK OFFICER NAME: |
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| SWIFT CODE (IBAN): |
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| BANK TEL: |
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| BANK FAX: |
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| SPECIAL WIRE INSTRUCTIONS: |
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| Email Address for notification of Funds |
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| Required Message: |
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This Agreement-Pay order shall be lodged in our bank and a copy from that bank will be forwarded to all beneficiaries.
This Agreement/Irrevocable Corporate Payment Order and the payment of commissions herein are subject to the International Chamber of Commerce “ICC” and the ICC Arbitration Act as adopted by the ICC office in Geneva, Switzerland, by three arbitrary appointees in accordance with ICC rules.
All NC/ND clauses as prescribed by ICC rules (Latest Edition) shall apply to this Agreement and Payment Order. This Agreement and Irrevocable Corporate Payment Order is irrevocable, divisible, and unconditional, and may be assigned only by the beneficiaries named herein. This Agreement and Irrevocable Corporate Payment Order may be executed in one or more counterparts, each one shall be deemed an original and all together shall constitute one and the same document.
A signed Fax or electronically transmitted copy of this document shall be deemed binding on the “Parties” with the force as the signed original. The Agreement and Irrevocable Corporate Payment Order is valid when commencement of the above-referenced transaction takes place and shall remain valid and enforceable for the full terms of the transaction, including any new agreement between the Buyer and Seller and/or their assigns.
The beneficiaries reserve the right to change the bank coordinates stated herein at any time by providing written request to the Buyer. Upon execution of the Agreement and the Final Agreement and prior to, or simultaneously with the first transaction, we guarantee that this Master Fee Protection Agreement and Irrevocable Corporate Payment Order will be lodged with the Buyer’s Bank.
The Buyer’s bank shall provide the beneficiaries, by e-mails or by tele/fax with copies of the swift related to all payment instructions upon the closing of each and every transaction of the above transaction.
BUYER’S PAYING BANK DETAILS:
Bank Name:
Bank Address:
SWIFT Code:
Telephone:
Fax:
Account Name:
Account Number:
In the event that the transaction was not performed or only performed in part, the paymasters or beneficiaries listed above shall not hold the undersigned Payer responsible for any expenses, charges and/or cost, or hold the Payer liable for any civil and criminal actions. The unperformed part of this Irrevocable Master Fee Protection Agreement will therefore automatically become null and void.
Approved and agreed by
[Name of the BUYER]
___________________________
Legal & Authorized Signatory
Date:
Signatory Full Name:
Title:
Nationality:
Passport #:
Date of Issuance:
Date of Expiration:
swift mt799 pof verbiage
sender bank details: xxxxxxxxxx
RECIEVER BANK CORDINATE:
BANK NAME :
BANK ADDRESS :
BANK OFFICER :
PHONE NUMBER :
SWIFT CODE :
ACCOUNT NUMBER :
ACCOUNT HOLDER :
WE, (NAME OF BANK AND ADDRESS), HEREBY CONFIRM, WITH FULL BANK RESPONSIBILITY AND LIABILITY, THAT OUR ABOVE-REFERENCE ACCOUNT HOLDER, _____________ , CURRENTLY HAS, ON DEPOSIT, IN ACCOUNT NUMBER _________, CASH FUNDS IN THE TOTAL AMOUNT OF five hundred million euro. AT THE INSTRUCTION OF OUR ACCOUNT HOLDER, THESE FUNDS ARE HEREBY BLOCKED AND RESERVED, IN THE ABOVE-REFERENCED ACCOUNT, FOR THE BENEFIT OF OUR ABOVE-REFERENCED ACCOUNT HOLDER'S DESIGNATED BENEFICIARY XXXXXXXXXXXXXXXXXSELLER NAME FOR A PERIOD OF thirteen (13) MONTHS FROM THE DATE OF ISSUANCE OF THIS TRANSMISSION, FOR ITS FULL USE AND BENEFIT.
WE CONFIRM THAT OUR ACCOUNT HOLDER HAS FULL CUSTODY OVER THE CASH FUNDS IN THEIR ACCOUNT AND THE FUNDS SHALL REMAIN RESERVED UNDER THEIR EXCLUSIVE INSTRUCTIONS. WE ALSO CONFIRM THAT THE FUNDS ARE GOOD, CLEAN, CLEARED, AND LEGITIMATELY EARNED CASH FUNDS OBTAINED FROM NON-CRIMINAL BUSINESS ACTIVITIES. THE FUNDS ARE UNRESTRICTED AND FREE OF ANY LEVY, LIENS OR ENCUMBRANCES AND ARE FREELY AVAILABLE FOR INVESTMENTS.
WE FURTHER CONFIRM THAT THIS RESERVED FUNDS LETTER HAS BEEN ISSUED WITH FULL BANK RESPONSIBILITY AND THAT THIS RESERVED FUNDS LETTER IS FREELY AVAILABLE TO OUR ACCOUNT HOLDER'S DESIGNATED BENEFICIARY, XXXXXXXXXXXXXXXXXSELLER NAME TO SERVE AS COLLATERAL TO SECURE ANY LOAN, CREDIT LINE OR CREDIT FACILITY.
THIS IS FULLY OPERATIVE INSTRUMENT.
FOR AND ON BEHALF OF [BANK NAME] OF [BANK ADDRESS]
WE CONFIRM IS EMISSION AND CERTIFY THE TRANSPARENCY OF THIS OPERATION.
ISSUER BANK ISSUER BANK
____________________________ ________________________
BANK OFFICER NAME BANK OFFICER NAME
DESIGNATION DESIGNATION
OFFICER CODE OFFICER CODE
TEXT VERBIAGE AS PER MT 799:
Appendix A
SWIFT MT799 PRE-ADVICE
To:
Swift Code:
Attn: –
Please advise your Client: _______________ for EUR, IBAN NUMBER:______
Re: Transaction Code:
We, XXXXXXXXX Bank hereby confirm with full banking responsibility that we are ready to issue and deliver one (1) Bank Guarantee (BG) on behalf of our Client, xxxxxxxxxxxx in the total amount of :
Five Hunudred Million EUROS only (€500'000'000:00) in favor of ________, Account Number: ____________, IBAN NO______________________
This SWIFT message is verifiable on normal bank-to-bank basis with full bank responsibility, upon receipt of clearance invoice from Our client for Insurance and Bank Handling / Transmission Fees.
There will be no liens and encumbrances on this instrument which shall be delivered and Availed via SWIFT M760 and exact Bank Guarantee Format shall be as follows:
BANK GUARANTEE NUMBER :
PLACE OF ISSUE :
DATE OF ISSUE :
MATURITY DATE :
CUSIP NO :
ISIN NO :
CURRENCY :EUROS
FACE AMOUNT :€500'000'000:00
BENEFICIARY NAME :
FOR VALUE RECEIVED, WE, ----- {NAME OF ISSUING BANK} -----, AT ----- {FULL BANK ADDRESS}-----, HEREBY ISSUE OUR IRREVOCABLE, UN-CONDITIONAL AND NEGOTIABLE BANK GUARANTEE NO : --------- IN FAVOUR OF ____________ THE BENEFICIARY XXXXXXXXXX FOR THE AMOUNT OF FIVE HUNDRED MILLION EUROS {500'000:00}, VALID FOR ONE (1) YEAR AND ONE (01) DAYS AND DUE FOR PAYMENT AT MATURITY ON __________ {1 YEAR + 1 DAY MATURITY DATE FROM ISSUING DATE} _____________
WE HEREBY IRREVOCABLY AND UNCONDITIONALLY UNDERTAKE TO PAY IN FULL AGAINST THIS BANK GUARANTEE AT MATURITY, WITHOUT ANY PROTEST, DELAY OR OBJECTION, THE SUM OF FIVE HUNDRED MILLION EUROS (€500'000'000:00) TO THE ORDER OF XXXXXXXXXX THE BENEFICIARY’S THE BEARER OR HOLDER THEREOF AT MATURITY. SUCH PAYMENT SHALL BE MADE FREE AND CLEAR OF ANY DEDUCTIONS CHARGES, FEES OR WITHHOLDING, UPON RECEIVING BENEFICIARY’S FIRST DEMAND VIA BANK WIRE SYSTEM AND
SURRENDER OF THIS BANK GUARANTEE NO: -------------- AT THIS BANK AT MATURITY DATE.
THIS BANK GUARANTEE IS TRANSFERABLE AND ASSIGNABLE WITHOUT PRESENTATION OF IT TO US AND WITHOUT PAYMENT OF ANY FEES. WE HEREBY ENGAGE WITH YOU THAT THE DEMAND MADE UNDER AND IN COMPLIANCE WITH THE TERMS OF THIS BANK GUARANTEE, SHALL BE DULY HONOURED ON DUE PRESENTATION TO US. THE DEMAND HEREUNDER MUST BE MARKED “DRAWN UNDER BANK GUARANTEE NO: -------- DATED,_________{GUARANTY ISSUE DATE}
THIS BANK GUARANTEE IS CONSTRUED, GOVERNED AND ISSUED IN ACCORDANCE WITH THE RULES, REGULATIONS AND PRACTICES AS SET FORTH BY THE INTERNATIONAL CHAMBER OF COMMERCE {ICC}, PARIS, FRANCE, PUBLICATION 500, LATEST REVISION.
THIS SWIFT IS OUR VALID AND OPERATIVE INSTRUMENT. NO MAIL CONFIRMATION WILL FOLLOW. ALL CHARGES ARE FOR THE ACCOUNT OF APPLICANT.
FOR AND ON BEHALF: BARCLAYS BANK PLC
--------------------- …………………………………………………
AUTHORISED BANKER {1} AUTHORISED BANKER {2}
NAME, TITLE & ID CODE. NAME, TITLE & ID CODE.
Appendix B
DRAFT SWIFT MT760 - BANK GUARANTEE VERBIAGE (ICC 458)
(Specimen copy – Final verbiage as per issuing bank standard ICC format)
Name of Advising Bank :
Swift Code :
Attention :
Name of Issuing Bank :
Issuing Bank address :
Bank SWIFT Code :
Bank Officer :
Bank Guarantee Number :
Beneficiary :
Address :
Currency :
Amount :
Issuing Date :
Maturity Date :
FOR VALUE RECEIVED, WE THE UNDERSIGNED (THE ISSUER). HEREBY IRREVOCABLY AND UNCONDITIONALLY,WITHOUT PROTEST OR NOTIFICATION PROMISE AND GUARANTEE TO PAY ON TIME,IN FULL AND WITHOUT DELAY,AGAINST THIS BANK GUARANTEE TO THE ORDER OF __________________________________,THE BEARER OR HOLDER THEREOF, AT MATURITY THE SUM OF ONE BILLION EUR IN THE LAWFUL CURRENCY OF THE EUR.
SUCH PAYMENT WILL BE MADE UPON PRESENTATION AND SURRENDER OF THIS BANK GUARANTEE AT THE _________________________ WITHOUT SETOFF AND FREE AND CLEAR OF ANY DEDUCTIONS, CHARGES, FEES OR WITHHOLDINGS OF ANY NATURE NOW OR HEREAFTER IMPOSED, LEVIED, COLLECTED, WITHHELD OR ASSESSED BY THE GOVERMENT OF THE ISSUING OR PAYING BANKOR ANY POLITICAL SUBDIVISION OR AUTHORITY THEREOF OR THEREIN.
THIS BANK GUARANTEE SHALL BE GOVERNED AND BE CONSTRUED IN ACCORDANCE WITH THE UNIFORM RULES FOR DEMAND GUARANTEES (URDG), AS SET FORTH BY INTERNATIONAL CHAMBER OF COMMERCE, PARIS, FRANCE ICC PUBLICATION #600.
THIS BANK GUARANTEE IS TRANSFERABLE, ASSIGNABLE AND DIVISIBLE WITHOUT PRESENTATION TO US. FOR AND ON BEHALF OF:
FULL NAME AND ADDRESS OF THE ISSUING BANK
__________________________ ____________________________
AUTHORISED BANK OFFICER AUTHORISED BANK OFFICER
(NAME /TITLE) (NAME /TITLE)
BANK SEAL
