Bank Guarantee Draft Template for Netherlands

1. Reduction Clause: Used when the guarantee amount may be reduced over time according to specific conditions

2. Transfer Provisions: Include when the guarantee needs to be transferable to another beneficiary

3. Counter-Guarantee Reference: Required when the guarantee is issued under a counter-guarantee from another bank

4. Multiple Currency Provisions: Include when the guarantee can be called in different currencies

5. Partial Claims Provision: Used when partial claims under the guarantee are permitted

6. Force Majeure Clause: Additional provisions for circumstances preventing guarantee execution

7. Electronic Presentation Clause: Include when claims can be submitted electronically

1. Claim Form Template: Standard form to be used by the beneficiary when making a claim

2. Authentication Procedures: Document detailing the methods for verifying claim authenticity

3. Specimen Signatures: Authorized signatures for claim verification

4. Supporting Documents List: Checklist of required documents for making a valid claim

5. Amendment Form: Template for requesting changes to the guarantee terms