TEXT AND FORMAT OF BANK GUARANTEE
FROM: (BANK NAME) BANK,
(COUNTRY)
TO : (NAME AND COMPLETE ADDRESSES OF BENEFICIARY`S BANK)
DATE : _______________________
GUARANTEE № _______________ CURRENCY: UNITED STATES DOLLARS
EXPIRATION DATE : ___________ AMOUNT : _____________
ISSUE DATE : _________________
FOR VALUE RECIEVED, WE THE UNDERSIGNED (BANK NAME) HEREBY ISSUE OUR IRREVOCABLE UNCONDITIONAL AND FREELY TRANSFEREBLE GUARANTY OF PAYMENT AS SET HEREIN.
WE UNDERTAKE TO PAY THIS GUARANTEE IS VALID FROM THE ABOVE DATE ISSUANCE AND EXPIRES AT THE CLOSE BUSINESS IN OUR HEAD OFFICE (ADDRESS) ______________ ON DEMANDS OF PAYMENT UNDER THIS GUARANTEE ARE NOT ACC4EPTED IF PRESENTED PRIOR TO _______________
SUCH PAYMENT SHALL BE MADE WIYHOUT SET-OFF, AND FREE AND CLEAR OF ANY DEDUCTION`S CHARGES OR WITHHOLDINGS OF ANY NATURE NOW, OR HEREINAFTER IMPOSED, LEVIED, COLLECTED, WITHHELD OR ASSESSED BY THE GOVERNMENT OF (COUNTRY) OR ANY POLITICAL SUBDIVISION OR AUTHORITY THREOF OR THEREIN.
THIS GUARANTEE SHALL BE GOVERNED BY AND SHALL BE CONSRUED IN ACCORDANCE WITH THE LAW OF (COUNTRY).
THIS DOCUMENT IS SUBJECT TO THE UNIFORM CUSTOMS AND PRACTICE ON DOCUMENTARY CREDITS 1993 REVISION I.C.C. 500.
THIS DOCUMENT IS OPERATIVE INSTRUMENT AND NO MAIL CONFIRMATION WILL FOLLOW.
FOR AND ON BEHALF OF
BLEVINS ENTERPRISE, INC.,
PRESIDENT _________________________/A. KALAYDZHYAN/
(seal, signature)
NOTE: THE BANK`S RATING MUST BE NO LESS THAN TOP-25 EUROPEAN BANK.