LOAN GUARANTEE LETTER

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Ngày đăng: 05/10/2015, 18:06

Form 01B/BL-VCCB………,date: …/…./20…..No: ……../BL-VCCB….LOAN GUARANTEE LETTERTo: ..............................................................................……………………………………………………… Bank – Branch.............................Address:...............................................................................................................................Tel:............................................................Fax:...................................................................Represented by:.....................................Job title:...............................................................(Hereinafter reffered to as “VCCB”)Affirm guarantee for:Company:.......................................................................................................................CertificateofbusinessregistrationNo:……………issuedon……/………/………….in.........................................................................................................................Address:...............................................................................................................................Tel:............................................................Fax:...................................................................Represented by:.....................................Job title:...............................................................(Hereinafter reffered to as “Borrower”/“The Guaranteed”)To hereby affirm to guarantee and be reponsible for payment of principal,interest and penalties (if any) of Borrower with Bank/Credit agency………………under Credit Agreement No…………signed and dated ..../.../… between Borrower andand Bank/Credit agency …………….VCCB has agreed to issue this Letter of Guarantee and affirm that we are on behalf ofBorrower to be responsible to your company and undertake to pay you up to a totalamount of :..........................VND/USD1 (In words:……………………………………)and we will pay for your company within the scope of this Guarantee upon yourcompany’s first documents to request VCCB to execute the Guarantee obligations withthe following conditions:-Any requests must show the Borrower’s default(s); and-Guarantee obligations remain in force; and-Attached evidence to prove that Borrower should not perform or complete therepayment specified under the credit agreement mentioned above2.12When the payment is made in USD, the bank's current exchange rate will be used.Give correct information about VCCB sponsorship obligations as required in the sponsorship form1 Any requests in writing from your company must be attached with this LoanGuarantee Letter (original), submitted and received by VCCB at …………………. onworking hours within the validity of this Guarantee Letter.This Letter of Guarantee is valid within …days, from …/.../… to ….h…,…./…/...After this period, this Guarantee Letter shall be null and void even though the origin ofthis Guarantee Letter returns or not to VCCB.This Loan Guarantee Letter is governed by the Laws of Vietnam. Any dispute(s) inrespect thereof shall be settled by competent tribunals.This Loan Guarantee Letter is in one original version, untransferable and drawn-up inVietnamese, maybe in English (Vietnamese version shall be officially used for anydispute(s) arising relating to this Loan Guarantee Letter).Authorized signature of VCCB2 ... attached with this Loan Guarantee Letter (original), submitted and received by VCCB at ………………… on working hours within the validity of this Guarantee Letter This Letter of Guarantee is valid... ….h…,…./…/ After this period, this Guarantee Letter shall be null and void even though the origin of this Guarantee Letter returns or not to VCCB This Loan Guarantee Letter is governed by the Laws... of Vietnam Any dispute(s) in respect thereof shall be settled by competent tribunals This Loan Guarantee Letter is in one original version, untransferable and drawn-up in Vietnamese, maybe in English
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