Counter Standby Letter Of Credit Template for Germany

1. Transfer Provisions: Include when the counter guarantee needs to be transferable

2. Reduction Schedule: Include when the counter guarantee amount reduces over time according to a specific schedule

3. Multiple Drawing Provisions: Include when multiple drawings are permitted

4. Special Payment Conditions: Include when there are specific conditions or restrictions on payment

5. Force Majeure Clause: Include when specific force majeure provisions are required beyond standard rules

6. Anti-Money Laundering Statement: Include when required by specific jurisdictional requirements or bank policies

7. Electronic Presentation Terms: Include when electronic presentation of documents is permitted

1. Schedule A - Form of Demand: Standard format for making a complying demand under the counter guarantee

2. Schedule B - Form of Reduction Notice: Standard format for notifications of reduction in counter guarantee amount (if applicable)

3. Schedule C - Required Documents: Detailed list and format of all required supporting documents

4. Appendix 1 - Copy of Primary SBLC: Copy or details of the primary Standby Letter of Credit being counter-guaranteed

5. Appendix 2 - Authentication Procedures: Specific procedures for authenticating demands and communications