履约保函模板.docxVIP

履约保函模板 PERFORMANCE GUARANTEEIssue Date:Reference No.:　To: ____________________(Beneficiary)This Guarantee is hereby issued to serve as the Performance Guarantee for Contract No.:_____________ (hereinafter referred to as the “Contract〞) dated ____________ between ______________ (hereinafter referred to as the “Applicant〞, located at ) and (hereinafter referred to as the “Beneficiary〞, located at ).?At the request of the Applicant, T he Bank of Branch (hereinafter referred to as the “Guarantor〞, located at ), hereby unconditionally and irrevocably undertakes to pay to the Beneficiary such amount as required by the Beneficiary, not exceeding_____________________________________________ ( _________ ) (hereinafter referred to as the “Maximum Amount〞) covering percent of the price listed in the Contract, immediately following the Guarantor recieving this Guarantee and the Beneficiary’s written demand for payment in accordance with the covenants and terms agreed upon as follows:(a) Within the effective period of this Guarantee: Upon the Beneficiary’sdetemination of the Applicant’s failure to faithfully perform their duties as required by the Contract and all agreed modifications, additions andalterations thereto(hereinafter referred to as the “Failure to Perform〞), the Guarantor shall, upon the receipt of the original of this PerformanceGuarantee and the demand for payment from the Beneficiary , immediately pay the Beneficiary such amount within ___ working days as required by the Beneficiary, but not exceeding the Maximum Amount, to an account under the Beneficiary’s name in the manner specified in the writtendemand.(b) The demand for payment should expressly state that the Applicant is inbreach of their obligation(s) under the Contract and the particularspertaining to the Failure to Perform, the claim amount, and theBeneficiary’s account number. T he demand for payment must be dulysigned by the Beneficiary and delivered to the Guarantor through the local