JOVEN.NOV.2024.
99
-------------------- MESSAGE TEXT ---------------- :
15A: NEW SEQUENCE:
: 27 : SEQUENCE OF TOTAL:
1/1
: 22A: PURPOSE OF MESSAGE:
ISSUE - ISSUANCE OF UNDERTAKING
: 72Z: SENDER TO RECEIVER INFORMATION: PLEASE
ACKNOWLEDGE RECEIPT AND CONFIRM
TO US THAT YOU HAVE RELAYED OUR
STANDBY LETTER OF CREDIT TO THE ADVISING
BANK, XXXXXXXXXXXXX BANK,
SWIFT CODE: XXXXXXXXX
: 15B: NEW SEQUENCE:
: 20 : UNDERTAKING NUMBER:
GB13108412:
30 : DATE ISSUE:
2024.11.15 (DATE OF ISSUE) :
22D: FORM OF UNDERTAKING:
STBY - STANDBY LETTER OF CREDIT:
40C: APPLICABLE RULES:
UCPR
: 23B: EXPIRY TYPE:
FIXED - SPECIFIED DATE OF EXPIRY
: 31E: DATE OF EXPIRY:
2025.11.14 (365 DAYS AFTER ISSUANCE DATE)
: 50 : APPLICANT: INTERNTNAL TRADING & BUSINESS
: 52D: ISSUER: DEUTSCHE BANK
SWIFT CODE: XXXXXXXXXXXX
: 59 : BENEFICIARY: CORPORACIÓN XXX
ADDRESS XXXXXXXXXXX XXXXXXXXXX
: 56D: ADVISING BANK: XXXXXXXXXXXX BANK. XXXXXXXXXX,
XXXXXXXXXX., XXXXXX
FULL ACCOUNT NUMBER: XXXXXXXXXXX
SWIFT CODE: XXXXXXXXXX : 32B:
UNDERTAKING AMOUNT: CURRENCY: USD
AMOUNT: USD EIGHTY MILLION AMERICAN DOLLARS ONLY (80M USD)
: 77U: UNDERTAKING TERMS AND CONDITIONS:
WE, DEUTSCHE BANK, FRANKFURT, GERMANY, HEREBY
IRREVOCABLY AND UNCONDITIONALLY (EXCEPT AS STATED HEREIN
BELOW) WITHOUT PROTEST OR NOTIFICATION PROMISE TO PAY
AGAINST THIS STANDBY LETTER OF CREDIT Nº.: XXXXXXXXXXXX
IN FAVOR OF CORPORACIÓN XXXXXXXXXXXXXX HEREIN AFTER
REFERRED TO AS BENEFICIARY ISSUED BY THE ORDER OF
INTERNATIONAL TRADING & BUSINESS LTD HEREIN AFTER REFERRED
AS APPLICANT, THE SUM OF USD EIGHTY MILLION OF AMERICAN
DOLLAR (80M USD ONLY).
UPON PRESENTATION OF AN AUTHENTICATED COPY OF THIS
STANDBY LETTER OF CREDIT AT OUR COUNTERS IN UNITED
KINGDOM, ON OR BEFORE EXPIRY DATE I.E., 14.NOVEMBER.2025 BUT
NOT EARLIER THAN THIRTY DAYS (30 DAYS) BEFORE EXPIRY
DATE (14.NOVEMBER.2025) ACCOMPANIED BY APPLICANT’S
CONFIRMATION OF FULFILLMENT OF ALL PARTIES OBLIGATIONS TOWARDS
THE APPLICANT, SENT BY US VIA AN AUTHENTICATED
SWIFT AMENDMENT TO THE BENEFICIARY THROUGH THE ADVISING BANK,
XXXXXXXXXXX XXXXXX
.
THIS SWIFT AMENDMENT WILL BE ISSUED ONLY UPON RECEIPT OF
APPLICANT’S ACCEPTABLE INSTRUCTIONS AND APPLICANT’S
FULFILLMENT OF OBLIGATIONS TOWARDS THE ISSUING BANK.
.
SUCH PAYMENT SHALL BE MADE WITHOUT SET-OFF AND CLEAR OF ANY
DEDUCTIONS, CHARGES, FEES, OR WITHHOLDINGS OF ANY NATURE,
NOW OR HEREINAFTER IMPOSED, LEVIED, COLLECTED, WITHHELD OR
ASSESSED BY THE GOVERNMENT OF THE ISSUING BANK OR ANY
POLITICAL SUBDIVISION OR AUTHORITY THEREOF OR THEREIN.
.
ANY DEMAND FOR PAYMENT HAS TO BE SENT TO US BY BENEFICIARY'S
BANK ACCOMPANIED BY BENEFICIARY'S BANK'S STATEMENT THAT THE
SIGNATURES THEREON ARE LEGALLY BINDING FOR THE BENEFICIARY.
.
THIS STANDBY LETTER OF CREDIT EXPIRES AUTOMATICALLY ON
14.NOVEMBER.2025 (365 DAYS AFTER ISSUANCE), IF BENEFICIARY'S
WRITTEN CLAIM FOR PAYMENT, THE AUTHENTICATED COPY OF OUR
CONFIRMATION SWIFT, AS WELL AS THE REQUESTED BANK STATEMENT
CONFIRMING BENEFICIARY'S SIGNATURES AND BENEFICIARY BANK'S
LIST OF AUTHORIZED SIGNATURES DID NOT REACH US ON OR BEFORE
THAT DATE.
.
THIS STANDBY LETTER OF CREDIT IS TRANSFERABLE, RENEWABLE,
IRREVOCABLE PAYABLE, BY XXXXXXXXXX XXXXXXX BANK.,
COUNTRY SWIFT CODE: XXXXXXXXXXXXX UNDER THE
CONDITION THAT:
+ ALL TERMS AND CONDITIONS OF THIS STANDBY LETTER OF
CREDIT REMAIN UNCHANGED.
+ ALL CHARGES FOR TRANSFER ARE FOR BENEFICIARY'S ACCOUNT.
+ NAME OF TRANSFEREE IS PROVIDED TO ISSUING BANK +
ISSUING BANK EXPRESSED ITS CONSENT TO THIS TRANSFER BY
AUTHENTICATED SWIFT MESSAGE.
.
THIS STANDBY LETTER OF CREDIT IS SUBJECT TO UNIFORM
CUSTOMS
AND PRACTICE FOR DOCUMENTARY CREDIT (LATEST REVISION)
INTERNATIONAL CHAMBER OF COMMERCE PUBLICATION Nº.: 600
.
ANY DISCREPANT CLAIM FOR PAYMENT UNDER THIS STANDBY
LETTER OF CREDIT IS PROHIBITED AND WILL LEAD TO AN
IMMEDIATE TERMINATION OF THIS STANDBY LETTER OF CREDIT.
THIS IS AN OPERATIVE INSTRUMENT NO MAIL CONFIRMATION WILL
FOLLOW.
: 48D: TRANSFER INDICATOR:
TRAN - THE UNDERTAKING IS TRANSFERABLE
