Bank Guarantee For Commercial Lease Template for Germany

1. Transfer and Assignment: Include when the guarantee needs to be transferable, particularly in cases of property sale or lease assignment

2. Reduction Provisions: Include when the guarantee amount may be reduced over time or under specific conditions

3. Multiple Beneficiaries: Include when the property has multiple landlords or management structures

4. Partial Claims: Include when allowing for multiple partial claims up to the guarantee amount

5. Language Provisions: Include when the guarantee might need to be interpreted in multiple languages

6. Force Majeure: Include when specific extraordinary circumstances affecting the guarantee need to be addressed

7. Electronic Execution: Include when electronic submission of demands or electronic signatures are permitted

1. Schedule 1 - Form of Demand: Template for making a valid demand under the guarantee

2. Schedule 2 - Lease Agreement Details: Key details from the underlying lease agreement relevant to the guarantee

3. Schedule 3 - Authorized Signatories: List of persons authorized to make demands under the guarantee

4. Appendix A - Bank's Standard Terms: Standard terms and conditions of the issuing bank applicable to guarantees

5. Appendix B - Property Details: Description of the leased property covered by the guarantee

6. Appendix C - Payment Instructions: Banking details and payment procedures for guarantee claims