---------------------- MESSAGE READER -------------------------- SWIFT INPUT: FIN 760 GUARANTEE SENDER: WISMATWWXXX BANK WINTER/BANK INTERNATIONALE BANK FUR AUSSENHANDEL AG VIENNA AUSTRIA RECEIVER: XXXXXXXXXXXXXXX XXXXXXXXXXXXXXX XXXXXXXXXXXXXXX ---------------------- MESSAGE TEXT ---------------------------- : 27: SEQUENCE OF TOTAL: 1/1 : 20: TRANSACTION REFERENCE NUMBER: XXXXXXXXXXXXX : 23: FURTHER IDENTIFICATION: ISSUE : 30: DATE: DD.MMM.YYYY : 77C: DETAILS OF GUARANTEE . BANK GUARANTEE NO. XXXXXXXXXX . BY ORDER AND FOR ACCOUNT OF XXX-APPLICANT-XXX (THE “APPLICANT”) WE, BANK WINTER AND CO. AG VIENNA, AUSTRIA HEREBY ISSUE OUR IRREVOCABLE BANK GUARANTEE NO XXXXXXXXXX IN FAVOUR OF XXX- BENEFICIARY-XXX (“BENEFICIARY”) FOR A SUM NOT EXCEEDING USD/EUR XXXXXXXXXXXXX (UNITED STATES DOLLARS / EUROS XXXXXXXXXXX ONLY) AVAILABLE BY PAYMENT BY US AT SIGHT AGAINST PRESENTATION OF THE FOLLOWING DOCUMENTS:
1) BENEFICIARY’S SIGNED STATEMENT TO READ AS FOLLOWS:
WE CONFIRM THAT ALL CONTRACTUAL OBLIGATIONS FROM OURSELVES TOWARDS THE APPLICANT HAVE BEEN FULFILLED AND THAT THE AMOUNT DRAWN REPRESENTS THE INDEBTEDNESS FROM THE APPLICANT PURSUANT TO THE CONTRACT NO. XXXXXX WHICH IS NOW DUE AND REMAINS UNPAID. 2) BENEFICIARY’S DRAFT DRAWN AT SIGHT ON APPLICANT, MARKED “DRAWN UNDER BANK GUARANTEE NO. XXXXXXXX DATED DD.MMM.YYYY OF BANK WINTER AND CO. AG. 3) BENEFICIARY’S STATEMENT STATING THAT BENEFICIARY HAS DEMANDED PAYMENT OF THE AMOUNT OWED AND THAT PAYMENT HAS NOT BEEN MADE AS DEMANDED. THIS STATEMENT MUST BEAR THE MANUAL SIGNATURES OF ALL OF THE APPLICANT’S AUTHORIZED SIGNATORIES AS AT THE DATE OF THE DEMAND, CONFIRMING THAT THE STATEMENT IS CORRECT. 4) COPY OF SWIFT SENT BY ISSUING BANK TO ADVISING BANK, AFTER RECEIPT OF APPLICANT'S INSTRUCTIONS, CONFIRMING THAT APPLICANT HAS PRESENTED TO THEM A COPY OF THE SIGNED BENEFICIARY'S STATEMENT(DOCUMENT NO.3 ABOVE) AND THAT THE SIGNATURES OF APPLICANT'S SIGNERS THEREON BEING IN CONFORMITY WITH BANK'S RECORDS AND INCLUDE ALL AUTHORIZED SIGNERS, AS PER ISSUING BANK RECORDS, HELD IN THE ISSUING BANK'S FILE AT THE DATE OF DEMAND. . FOR THE PURPOSE OF IDENTIFICATION, THE REQUEST OF PAYMENT HAS TO BE PRE-ADVISED BY ADVISING BANK, BY SWIFT MASSAGE TO US, XXX101 DDMMYYYY CONFIRMING SIGNATURES ON THE CLAIM FOR PAYMENT AND ON DOCUMENTS 1. 2.AND 3. ARE LEGALLY BINDING FOR YOURSELVES. . OUR BANK GUARANTEE EXPIRES ON DD.MMM.YYYY AND AUTOMATICALLY IF YOUR WRITTEN DEMAND FOR PAYMENT, COPY OF ADVISING BANK SWIFT PRE-ADVISE AS WELL AS THE DOCUMENTS REQUESTED IN STRICT COMPLIANCE WITH THE TERMS AND CONDITIONS OF THIS BANK GUARANTEE ARE NOT IN OUR POSSESSION ON OR BEFORE THAT DATE. . ANY DEMAND FOR PAYMENT MADE BY SWIFT ONLY, IS NOT ALLOWED. . THIS BANK GUARANTEE IS NOT ASSIGNABLE TO ANY THIRD PARTY. . ALL CHARGES AND EXPENSES IN CONNECTION WITH THIS BANK GUARANTEE, EXCEPT THE OPENING BANK’S CHARGES, ARE FOR THE ACCOUNT OF BENEFICIARY AND WILL NOT BE BORNE BY THE APPLICANT. . WE HEREBY ENGAGE OURSELVES TO EFFECT PAYMENT ACCORDING TO THE NEGOTIATION BANK’S INSTRUCTIONS UPON RECEIPT OF ALL THE ABOVE REQUESTED DOCUMENTS IN STRICT COMPLIANCE WITH THE TERMS AND CONDITIONS OF THIS BANK GUARANTEE, ACCOMPANIED BY YOUR AUTHENTICATED SWIFT DEMAND