英语翻译We the undersigned,acting as for (name,address,registere
英语翻译
We the undersigned,
acting as
for (name,address,registered name of the bank)
by the authority invested in us by
1 - Do certify that we are registered on the list of establishments officially authorized to issue letter of credit guarantees to IT CONTRACTOR,.
2 - Do declare ourselves to stand as personal and binding security,and waive any right to discussion and division for Company (name,address,registered name of contractor) in the amount to which the aforementioned is subject in his capacity as holder of a work contract drawn up on the _____________ under No.________ (or endorsement in the amount of ____________ with RHODIA) (name and address for billing purposes) and relating to the erection,installation,of (name of work contract).
Said security shall be in the amount of ______________ W,excluding taxes.
As a consequence of this declaration,we agree,upon receipt of the request of the beneficiary and without deferring payment,raising exceptions,or contesting the request in any way whatsoever,to make payment on the sums owed by the contractor according to the terms of the aforementioned work contract in the aforementioned agreed-upon amount.
This letter of credit goes into effect the day upon which it is issued and will become invalid,even in the absence of official cancelation,upon the expiration of the deadline of one year from the date marking the end of construction,with or without reservations,if the beneficiary has not notified the guarantor,by registered letter prior to expiration of the above deadline,of his opposition,which shall be motivated by failure to fulfil obligations on the part of the contractor.
Signed this day at
To be written in longhand:letter of credit for personal and binding security in the amount of (in figures and letters)
Signature: