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2.6 Appendix - Specimen of Performance Guarantee
2.6 Appendix - Specimen of Performance Guarantee
Dear Sirs,
At the request of Messrs. ………………….., we hereby irrevocably undertake to pay to you on your first
demand, waiving all rights of objection and defense, any amount up to a maximum of
upon receipt of your written confirmation that the amount claimed has fallen due and that Messrs.
………….. have failed to deliver the WORKS or not delivered the WORKS as specified in above men-
tioned CONTRACT.
For the purpose of identification, your request for payment and your confirmation thereunder have to be
presented through the intermediary of a first rate bank confirming that the signatures thereon are legally
binding upon your firm.
This written confirmation must reach us at the latest by ............ ( ) otherwise our undertaking expires au-
tomatically and in full.
Yours faithfully