There is a discrepancy between the guarantee amount and the percentage value of the advance

payment.

2. The payment terms in total exceed 100%. qqqqq

3. Detailed address of the beneficiary is missing.qqqqqq

4. There is a typo in the first line of the applicant's address.

5. Foreign bank charges must be paid by the applicant.

6. Advance payment guarantee amount is not consistent with the payment terms.qqqqq

7. The payment of additional interest is not possible under an advance payment guarantee.

8. The application does not ask for special guarantee wording.

9. The reduction mechanism is unclear.

10. The expiry date of the guarantee is before the issuance date of the application
1. The condition of initial effectiveness of this guarantee is a nondocumentary condition so it has to be
disregarded.

2. As the guarantee does not state it is payable on the first demand from the beneficiary, the guarantee
in this aspect will be ruled by Italian law.

3. The bankers' confirmation of authorised signatories must be provided in a separate document. qqqq

4. This guarantee is not freely transferable. qqqqqq

5. The condition that the guarantee will remain in force until all goods have arrived at site will be
disregarded.qqqqqqq

6. The governing law of this guarantee will be that of the location of the guarantor’s branch issuing the
guarantee.

7. This guarantee will fall under Italian jurisdiction. qqqqqqq

8. As nothing is stated in the text of the guarantee about the liability for charges involved, all charges
will be for the beneficiary

9. There is no requirement for the guarantor to independently verify whether the goods have arrived on
site.qqqqqqqq

10. This guarantee will terminate on 12-06-2017, as the expiry event is non-documentary.qqqqqqq
1. The counter-guarantee must specify the language in which the inspection certificate is to be
presented.xxxxx

2. The guarantee is not transferable.

3. It is practically impossible for the guarantor to make a complying presentation under the counter-
guarantee.

4. The guarantee has been issued in accordance with the instructions contained in the counter-
guarantee. xxxxxx

5. The guarantor will have 5 business days, following the date of presentation, to examine any demand.

6. The beneficiary may make a partial demand.

7. The extension clause in the counter-guarantee is compatible with the guarantee. xxxxx

8. The counter-guarantee is subject to URDG 758. xxxxxx

9. The guarantor must, within 5 calendar days, inform the counter-guarantor of any complying
demand.xxxxxxxxx

10. The counter-guarantor instructs the guarantor to issue a guarantee subject to a specific jurisdiction,
but the guarantee is issued subject to a different jurisdiction.
1.As the guarantee text does not state a place for presentation, demands may be submitted to any
branch of Bank S in the country of issue.

2. The guarantee text does not override the need for presentation of a statement indicating the breach
in the underlying contract. qqqqqq

3. The percentage of the contract covered by the guarantee is inconsistent for a performance guarantee.

4. Any demands submitted must be authenticated by the beneficiary’s bankers.

5. The guarantee is not valid as it does not bear an issuance date.

6. URDG 758 will overrule English law in any case.

7. The beneficiary can assign the proceeds of the guarantee to another party only with the guarantors
agreement.qqqqqq

8. The beneficiary is required to identify the guarantee on any complying demand presented to the
guarantor. qqqqqqq

9. A demand can be submitted by a mode of delivery other than that stated in the guarantee, provided
that such demand is presented on or before expiry at the place of presentation. qqqqqqqq

10. The original guarantee must be returned to the guarantor for the expiry date to be considered
effective.
1. Bank A was correct to pay the guarantee on or before the due date, without regard to whether it
would receive payment from CGL Bank. qqqq

2. Irrespective of force majeure event, Bank A must present its demand under the counter-guarantee
before 15th July 2013 to CGL Bank.

3. CGL Bank will be obliged to pay Bank A's demand only if it receives Bank A's demand before 15 August
2013.

4. The force majeure affecting CGL Bank does not result in an extension of the guarantee issued by Bank
A. qqqqq

5. Bank A's knowledge of the force majeure event does not affect its obligation to the beneficiary under
the guarantee.qqqqqq

6. There is no obligation for CGL Bank, which was affected by force majeure, to pay to the guarantor
after the counterguarantee’s expiry date (15 July).

7. The counter guarantee expired on 14 August.

8. The counter guarantee will be extended by 30 days from 5 August 2013.qqqq

9. The counter guarantee is extended until 15 August 2013.

10. The approach to force majeure under URDG 758 is different to the approach in UCP 600 and
ISP98.qqqqq
1.The guarantor in their claim correctly referred to the counterguarantees reference number.

2. The guarantor extends the guarantee after obtaining the counter-guarantor’s written consent.

3. The guarantor’s demand was received after expiry of the counter-guarantee.qqqqqqq

4. The inspection certificate was not received by the guarantor.

5. The amount the guarantor is claiming under the counterguarantee for charges and commission
exceeds the relevant amount that the guarantor is entitled to claim under the counter-guarantee.

6. The amount of the guarantee demand under the counterguarantee was less than the available
amount of the guarantee, while partial payment was not permitted.

7. The accountant’s certificate for expenses and damages has not been sent to the counter-guarantor.
Qqqqqqq

8. According to article 15(a and b) of URDG 758 the demand should be accompanied by the supporting
statement unless it expressly excludes. This statement was not presented. qqqqq

9. The demand under the counter-guarantee was sent via SWIFT. qqqqqqq

10. The demand was not accompanied by the copy of complying demand in paper form as required in
the counter-guarantee. qqqqqqqqqq