Performance Bank Guarantee Template for Denmark

1. Language Provision: Required when the guarantee might be used internationally, specifying that English version prevails

2. Conditional Performance Terms: Used when the guarantee is conditional rather than on-demand, specifying the conditions that must be met

3. Assignment Clause: Required when the guarantee needs to be transferable to another beneficiary

4. Reduction Schedule: Used when the guarantee amount reduces over time according to a preset schedule

5. Multiple Beneficiaries: Required when there is more than one beneficiary, specifying their rights and relationships

6. Force Majeure: Optional clause specifying circumstances under which the bank's obligations might be affected by events beyond its control

7. URDG 758 Application: Required when the guarantee is subject to ICC Uniform Rules for Demand Guarantees

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

2. Underlying Contract Extract: Relevant excerpts from the underlying contract that specify the performance requirements being guaranteed

3. Reduction Schedule Table: If applicable, detailed table showing the schedule of guarantee amount reductions

4. Authorized Signatories: List of persons authorized to make demands under the guarantee with specimen signatures