Lease Letter Of Credit Template for Netherlands

1. Automatic Extension Clause: Optional evergreen clause for automatic extension of the letter of credit, used when lease term is renewable

2. Partial Drawings: Clause permitting partial drawings, included when multiple draws might be needed

3. Transfer Rights: Provisions regarding transferability of the letter of credit, included when transfer rights are requested

4. Multiple Location Presentation: Added when document presentation at multiple bank locations is permitted

5. Electronic Presentation: Terms for electronic document presentation, included when e-presentation is allowed

6. Language Provisions: Added when documents may be presented in multiple languages

7. Force Majeure Clause: Included when specific force majeure provisions are required beyond standard UCP terms

1. Schedule A - Required Documents: Detailed list of documents required for drawing under the letter of credit

2. Schedule B - Form of Draw Request: Template for the beneficiary's draw request

3. Schedule C - Property Description: Detailed description of the leased property if too lengthy for main text

4. Appendix 1 - Lease Agreement Reference: Copy or extract of relevant lease agreement provisions

5. Appendix 2 - Bank Contact Details: Complete contact information for all relevant bank departments

6. Appendix 3 - Authorized Signatories: List of authorized signatories for the beneficiary with specimen signatures