Financial Performance Guarantee Template for India

1. Counter Guarantee: Required when there is a back-to-back guarantee arrangement with another financial institution

2. Step-in Rights: Included when the guarantor has the right to take over the principal's obligations

3. Assignment Provisions: Needed if the guarantee rights may be transferred or assigned

4. Multiple Beneficiaries: Required when the guarantee is issued in favor of multiple parties

5. Partial Claims Provisions: Included when partial claims against the guarantee are permitted

6. Currency Provisions: Required for cross-border guarantees involving foreign currency

7. Force Majeure: Optional clause for events beyond parties' control affecting guarantee obligations

1. Schedule 1 - Form of Demand: Standard format for making a claim under the guarantee

2. Schedule 2 - Underlying Contract Details: Summary of the principal contract being guaranteed

3. Schedule 3 - Performance Metrics: Specific performance indicators that trigger guarantee liability

4. Schedule 4 - Fee Structure: Details of guarantee fees, charges, and payment schedule

5. Schedule 5 - Required Documents: List of documents needed for guarantee invocation

6. Appendix A - Power of Attorney: Authorization documents for signatories

7. Appendix B - Board Resolutions: Corporate authorizations for entering into the guarantee