Standby Credit Agreement Template for Pakistan

1. Multiple Currency Provisions: Required when the credit may be drawn in multiple currencies

2. Syndication: Needed for arrangements involving multiple issuing banks

3. Transfer and Assignment: Include if transfer of the credit or rights thereunder is to be permitted

4. Counter-Indemnities: Required when there are third-party indemnifiers

5. Security Provisions: Include when specific collateral or security is required

6. Tax Provisions: Detailed tax clauses needed for cross-border transactions

7. Force Majeure: Extended force majeure provisions for international transactions

1. Form of Standby Credit: Template of the actual standby credit instrument to be issued

2. Fee Schedule: Detailed breakdown of all fees, charges, and commission rates

3. Drawing Documentation Requirements: Specific forms and documents required for drawings

4. Conditions Precedent Documents: List of required documents prior to issuance

5. Security Documents: Forms of any required security documents

6. Authorized Signatories: List of authorized signatories and specimen signatures

7. Notice Details: Contact information and notice requirements for all parties