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Name and address of beneficiary
Guarantee No.
Amount
Date of Expiry
At the request of (name and address of applicant), we hereby guarantee you irrevocably for the above maximum amount to secure that our clients pay you for (description of goods/project) in accordance with (order/contract/offer etc).
Your claim(s), if any, duly made and presented to us under the guarantee will be honoured on your first demand also stating that (name of applicant) have not fulfilled their above payment obligations towards you.
Where we have received no such claim by (expiry date) at the latest, we stand released from our liability under this guarantee.
We will reduce the guarantee maximum by any such amount as we have had to pay in order to meet your claim(s) duly made and presented under the Guarantee.
Always provided that:
- Our liability is limited to a maximum aggregate total amount not exceeding *inclusive of any costs, expenses and taxes.
- Our Guarantee will expire on *. Any claims hereunder must be lodged with us at our registered office at 3rd floor, International House, 3 Harbourmaster Place, IFSC Dublin 1 (marked for the attention of Trade & Export Finance, Guarantee No. *) by 17.00 hrs London time on that date, when our Guarantee will become of no effect whether returned to us or not.
- You are not entitled to rank in any insolvency of the Applicant prior to any claim of Danske Bank A/S trading as National Irish Bank for any payment made to you under this Guarantee.
- The rights and benefits arising hereunder are personal to you and may not be assigned or transferred to any third party.
- This Guarantee shall be governed by and construed in accordance with Irish law and you agree to submit to the exclusive jurisdiction of the Courts of Ireland.
When the guarantee expires, please return this document to us.
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