Deferred Lc Template for New Zealand

1. Transfer Provisions: Include when the LC needs to be transferable to another beneficiary

2. Back-to-Back Arrangements: Required when the LC supports a back-to-back credit structure

3. Special Conditions: Any additional terms specific to the transaction or parties' requirements

4. Confirmation Instructions: Include when a confirming bank is required to add its confirmation

5. Revolving Terms: Include for LCs that automatically renew under specified conditions

6. Force Majeure Provisions: Additional provisions for handling extraordinary circumstances

7. Amendment Procedures: Detailed procedures for LC modifications when standard amendment processes need elaboration

1. Schedule 1 - Document Presentation Checklist: Detailed checklist of required documents and their specifications

2. Schedule 2 - Payment Calculation Formula: Formula for calculating deferred payment amounts including any adjustments

3. Schedule 3 - Specimen Signatures: Authorized signatures for relevant parties

4. Schedule 4 - Standard Forms: Templates for common documents like drafts or demands

5. Appendix A - Trade Terms Definitions: Definitions of trade terms used in the LC

6. Appendix B - Communication Procedures: Procedures for notifications and communications between parties