FERFORMANCE GUARANTEE FORMAT(BANK LETTERHAD)
to ____________(company name)a company incorporated under the laws of and having its registered office at ____________(hereinafter called＇ npog＇)
whereas
(1) by an agreement for the ____________(hereinafter referred to as the of the one part and npog of the other part the contractor agrees to perform the works in accordance with the contract
(2) one of the expressed conditions of the contract is the receipt by npog of this guarantee duly executed by (name of banker) ____________(hereinafter called the ＇ guarantor＇) who hereby irrevocably and unconditionally guarantees and undertakes to npog as follows
i) if the contractor shall in any respect fail to execute the contract or commit any breach of this obligations thereunder the guarantor shall pay to npog on first demand without proof or conditions the sum of us dollar ____________(usd ____________) within 14 days after receipt of the said demand notwithstanding any contestation or protest by the contractor or any other third party
ii) the guarantor shall not be discharged or released from this guarantee by any agreement made between the contractor and npog with or without the consent of the guarantor or by any alteration in the obligations undertaken by the contractor or by any forbearance whether as to payment time performances or otherwise or by any change in mane or constitution of npog or the contractor
iii) this guarantee is continuing security and accordingly shall remain in force until the issuance of the notice for final acceptance of three(3) months after the early termination of the contract whichever is earlier
iv) the guarantor agree that the grauantee is given regardless whether or not the sum outstanding occasioned by the loss damages costs expenses or otherwise incurred by npog is recoverable by legal action or arbitration
in witness whereof this guarantee has been duly executed by guarantor the____________ day of ____________
for and on behalf of ____________
(name of banker)
signature ____________________
name _______________________
designation___________________
banker＇ s seal _________________
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to ____________(company name)a company incorporated under the laws of and having its registered office at ____________(hereinafter called＇ npog＇)
whereas
(1) by an agreement for the ____________(hereinafter referred to as the of the one part and npog of the other part the contractor agrees to perform the works in accordance with the contract
(2) one of the expressed conditions of the contract is the receipt by npog of this guarantee duly executed by (name of banker) ____________(hereinafter called the ＇ guarantor＇) who hereby irrevocably and unconditionally guarantees and undertakes to npog as follows
i) if the contractor shall in any respect fail to execute the contract or commit any breach of this obligations thereunder the guarantor shall pay to npog on first demand without proof or conditions the sum of us dollar ____________(usd ____________) within 14 days after receipt of the said demand notwithstanding any contestation or protest by the contractor or any other third party
ii) the guarantor shall not be discharged or released from this guarantee by any agreement made between the contractor and npog with or without the consent of the guarantor or by any alteration in the obligations undertaken by the contractor or by any forbearance whether as to payment time performances or otherwise or by any change in mane or constitution of npog or the contractor
iii) this guarantee is continuing security and accordingly shall remain in force until the issuance of the notice for final acceptance of three(3) months after the early termination of the contract whichever is earlier
iv) the guarantor agree that the grauantee is given regardless whether or not the sum outstanding occasioned by the loss damages costs expenses or otherwise incurred by npog is recoverable by legal action or arbitration
in witness whereof this guarantee has been duly executed by guarantor the____________ day of ____________
for and on behalf of ____________
(name of banker)
signature ____________________
name _______________________
designation___________________
banker＇ s seal _________________
文档香网(httpswwwxiangdangnet)户传
《香当网》用户分享的内容，不代表《香当网》观点或立场，请自行判断内容的真实性和可靠性！
该内容是文档的文本内容，更好的格式请下载文档
