Bank Guarantee First Demand Template for United Arab Emirates

1. Counter-Guarantee Provisions: Required when there is a counter-guarantee arrangement with another bank

2. Special Conditions: Used when specific conditions or requirements need to be incorporated beyond standard terms

3. Assignment Clause: Included when the guarantee needs to be transferable

4. Language Clause: Required when the guarantee is issued in multiple languages

5. Force Majeure Clause: Optional clause addressing extraordinary circumstances affecting the guarantee

6. Electronic Presentation Clause: Required when electronic demands or communications are permitted

1. Schedule 1 - Form of Demand: Prescribed format for the beneficiary to make a demand under the guarantee

2. Schedule 2 - Specimen Signatures: Authorized signatures of bank officials who may authenticate the guarantee

3. Schedule 3 - Supporting Documents: List and formats of any supporting documents required with the demand

4. Appendix A - Communication Details: Contact information and authorized communication channels for all parties