Standby Letter Of Credit For Lease Template for Germany

1. Automatic Extension Clause: Used when the SLOC needs to automatically extend for additional periods unless notice is given

2. Partial Drawing Provisions: Include when multiple or partial drawings are to be permitted

3. Transfer Rights: Include when the SLOC needs to be transferable to another beneficiary

4. Electronic Presentation Terms: Include when electronic presentation of documents is acceptable

5. Multiple Currency Provisions: Include when drawings can be made in different currencies

6. Force Majeure Clauses: Additional provisions regarding bank's obligations during force majeure events

1. Drawing Request Form: Standard form for beneficiary to use when making a drawing request

2. Beneficiary's Statement Template: Template for the beneficiary's statement certifying default under the lease

3. Notice of Non-Extension Form: Template for notice of non-extension if automatic extension clause is included

4. Bank's Standard Terms and Conditions: Bank's standard terms applicable to standby letters of credit

5. Required Document Checklist: Checklist of all documents required for drawing under the SLOC