英文信用证样本模板example_loc_LETTER_OF_CREDIT_OR_BOND.pdf

LETTEROFCREDITORBOND

CHECKLISTOFREQUIREMENTSANDSAMPLELANGUAGE

UpdatedMarch15,2024

ThisdocumentprovidesanexampleformatforCaliforniaCap-and-Tradeprogram

entitiestosubmitaLetterofCredit(LOCorL/C)oraBondasabidguaranteeforan

auctionorreservesale.ALOCorBondsubmittedasabidguaranteemustbeissuedin

aformthatmaybeacceptedbytheFinancialServicesAdministrator(FSA)consistent

withU.S.bankinglawsandbankpractices.Auctionorreservesaleapplicantsare

encouragedtoworkwiththeirfinancialinstitutionstoensurethatallofthebidguarantee

requirementsaremet,asdescribedintheDetailedAuctionRequirementsand

Instructions(andsummarizedinthechecklistbelow),priortosubmittinganybid

guaranteedocumentstotheFSA.Auctionandreservesaleapplicantsarealso

encouragedtosubmitasampleLOCorBondtotheFSAforreviewinadvanceofthe

bidguaranteedeadline.

ChecklistofRequirements:

Thefollowingnon-negotiabletermsmustbemetinordertosubmitaLOCorBond.

TheLOCorBondmustrefertotheFinancialServicesAccountNameand

FinancialServicesAccountNumberasprovidedintheFinancialServices

DeliveryInstructionsavailableinCITSS.

DeutscheBankNationalTrustCompanymustbelistedasthebeneficiary.

BENEFICIARY:

DEUTSCHEBANKNATIONALTRUSTCOMPANY

DBTCAFORDBNTCASFSAFORWCI,INC

1COLUMBUSCIRCLE,17THFLOOR

MAILSTOP:NYC01-1710

NEWYORK,NY10019

TheLOCmustbeirrevocable.ForBondsthepartynamedas“Principal”inthe

bondmustbeidenticaltothatnamedintheapplicant’sapplication.

TheamountoftheLOCorBondmustbeincluded.

Theexpirationormaturitydatemustbeatleasttwenty-six(26)daysafterthe

scheduledauction.

Theremustbeinstructionsincludedindicating