TRANSACTIONCODE:XXX/XXX/XXXXXXX/XXXX/XXXXX
PAYMENT GUARANTEE / REFUND UNDERTAKING
ATTENTION:
<INVESTOR>
SUBJECT:
PAYMENT GUARANTEE / REFUND UNDERTAKING
WE HEREBY CONFIRM WITH FULL CORPORATE RESPONSIBILITY UNDER PENALTY
OF PERJURY THAT WE ARE READY, WILLING AND ABLE TO RECEIVE A CASH
VALUE OF $XXX,000,000.00 (XXXXXXXXXXXXXXXXXXXXXXXXXXXXX US DOLLARS)
VIA SWIFT MT103 FOR PROJECT FUNDING AS AGREED IN THE DEED OF
AGREEMENT WITH TRANSACTION CODE: XXXXXXXXXXXXXXXX FROM YOUR BANK
XXXXXXXXXXXXX, ACCOUNT NAME XXXXXXXXXXXXX AND ACCOUNT NUMBER
XXXXXXXXXXXXX TO OUR BANK XXXXXXXXXXXXX, ACCOUNT NAME XXXXXXXXXXX,
ACCOUNT NUMBER XXXXXXXXXXXXXX
PLEASE RE-CONFIRM YOUR BANK ACCOUNT INFORMATION BELOW.
INVESTORS BANKING COORDINATES TO REMIT PROJECT FUNDING VIA SWIFT
MT103/WIRE TRANSFER
BANK NAME
:XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
BANK ADDRESS
:XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
ACCOUNT NAME
:XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
ACCOUNT NUMBER :XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
SWIFT CODE
:XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
WE HOWEVER AGREE TO REFUND TO YOU THE $XXX,000,000.00
(XXXXXXXXXXXXXXXXXXX US DOLLARS) AT THE FIRST DEMAND VIA SWIFT
MT103 WITHIN 5 (FIVE) BANKING DAYS, IF WE FAIL TO DELIVER THE PROJECT
AS AGREED WITH THE FUNDING PROVIDED BY YOU.
WE HAVE GIVEN OUR CORPORATE INSTRUCTION TO OUR BANK TO REFUND THE
PROJECT FUNDING BY LODGING A COPY OF THIS UNDERTAKING WITH OUR
BANK, WHO HAS ENDORSED THIS PAYMENT GUARANTEE WITH FULL BANKING
RESPONSIBILITY AS A TOKEN OF THEIR APPROVAL.
Easy Loans Limited
+852 81 9 BANKING COORDINATES TO RECEIVE / REFUND PROJECT FUNDING VIA SWIFT
MT103/WIRE TRANSFER
BANK NAME
BANK ADDRESS
ACCOUNT NAME
ACCOUNT NUMBER
SWIFT CODE
:XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
:XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
:XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
:XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
:XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
THANKS FOR YOUR COOPERATION
FOR AND ON BEHALF OF: <APPLICANT’S NAME>
<Sign & Seal>
NAME:
TITLE:
DATE:
APPLICANT BANK ENDORSEMENT.
WE, <APPLICANT'S NAME>, DO HEREBY WITH FULL RESPONSIBILITY UNDER PENALTY
OF PERJURY THAT , IN ANY CIRCUMSTANCE WE WILL REFUND TO YOU THE SUM OF
$XXX,000,000.00 (XXXXXXXXXXXXXXXXXXX US DOLLARS)) AT THE FIRST DEMAND VIA
SWIFT MT103 / WIRE TRANSFER WITHIN 5 (FIVE) BANKING DAYS, IF WE FAIL TO
DELIVER THE PROJECT AS AGREED WITH THE FUNDING PROVIDED BY YOU.
FOR AND ON BEHALF OF <APPLICANT ‘S BANK>
<Sign & Seal>
EDT (ELECTRONIC DOCUMENT TRANSMISSIONS)
EDT (Electronic document transmissions) shall be deemed valid and enforceable
in respect of anyprovisions of this Contract. As applicable, this agreement shall
be:-
1Incorporate U.S. Public Law 106-229, ‘‘Electronic Signatures in Global and
National
Commerce Act’’ or such other applicable law conforming to the UNCITRAL Model
Law on Electronic Signatures (2001) and
2- ELECTRONIC COMMERCE AGREEMENT (ECE/TRADE/257, Geneva, May 2000)
adopted by the United Nations Centre for Trade Facilitation and Electronic
Business (UN/CEFACT).
3- EDT documents shall be subject to European Community Directive No.
95/46/EEC, as applicable. Either Party may request hard copy of any document
that has been previously
transmitted by electronic means provided however, that any such request shall
in no manner delay the parties from performing their respective obligations and
duties under EDT instruments.