Letter Of Guarantee For Settlement Of Letter Of Credit By Imported Equipment

Letter of guarantee for settlement of letter of credit by imported equipment

Contract No: No.

Consignor: the first person is the following:

Address: the address is: the first and the second.

Trustee bank: Hong Kong, China, Hong Kong, Macao, China, Hong Kong and Macao.

Address: the address is: the first and the second.

For example,

1. An irrevocable letter of guarantee issued by a trustee bank with a (or no) condition of guarantee amount.

During the period of the year of the first year, the bank will deposit the security deposit of the two yuan, and the deposit will be deposited according to the settlement schedule within the validity period of the letter of guarantee until the deposit amount of the guarantee amount is one hundred percent. Two, the trustee shall open a "deposit margin depositor" in the trustee bank.

Recently, by the written commitment of the superior management department, the company has written a promise to deposit a deposit of not less than $10 million yuan for the client before the date of the year, and to deposit the security deposit of the company in accordance with the settlement schedule within the time limit for the period of the period of the period from the first to the second half of the year. If the principal fails to deposit the guarantee on time, the Construction Bank will deduct the annual fixed assets investment from its competent department. If the fixed assets annual investment plan has not yet been issued and the funds have not been appropriated to the trustor, the client shall be in the year of

Three. The deposit of the deposit margin deposit account is limited to the payment under the letter of guarantee. During the period of validity of the guarantee, the beneficiary is required by the letter of guarantee and the document to prove its relationship with the principal's debt to entrust the bank to pay the renminbi fund under the letter of credit. The trustee bank should notify the trustor and pay the deposit from the depositor of the settlement margin, and the depositary bank of the settlement Deposit is unable to pay, and the entrusted bank can pay the deposit from the other deposit account of the trustor.

Four, when the principal's deposit is insufficient to pay the renminbi under the letter of credit, it will be paid by the trustee bank.

The principal shall return the advance payment within 30 days after receipt of the notification of the entrusted bank.

The trustee bank pays interest on the cushion payment according to other loans of the Construction Bank.

No more than 30 days, plus 20% interest on overdue loans.

Five, the principal pays the premium to the entrusted bank on a yearly basis according to the amount of the guarantee letter, which is payable to the trustee bank on a yearly basis.

Six, the client provides the documents and materials required by the trustee bank to facilitate the bank's examination and opening of the letter of guarantee.

Seven. The amount of guarantee will be reduced with the progress of settlement until the cancellation is cancelled.

Eight, the form of guarantee is decided by the trustee bank.

Nine. This Agreement shall enter into force on the date of the month of the year.

Ten. The matters not covered by this Agreement shall be handled according to the Interim Measures for guaranty business of the people's Bank of China.