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Green Letter Of Credit
1. Letter Reference and Date: Unique reference number and issuance date of the Letter of Credit
2. Issuing Bank Details: Complete details of the bank issuing the Letter of Credit
3. Beneficiary Information: Full name and address of the party receiving the Letter of Credit
4. Applicant Information: Full name and address of the party requesting the Letter of Credit
5. Credit Amount and Currency: Specified amount and currency of the Letter of Credit
6. Green Certification Statement: Declaration of the green/sustainable nature of the underlying transaction
7. Expiry Details: Expiration date and place of the Letter of Credit
8. Payment Terms: Specific conditions and timing of payment
9. Required Documents: List of documents required for presentation
10. Shipment Terms: Details of shipment including latest shipment date and partial shipments
11. Governing Law Statement: Specification of Danish law as governing law
1. Transferability Clause: Include when the Letter of Credit needs to be transferable to another beneficiary
2. Revolving Credit Terms: Include for Letters of Credit that automatically renew under specified conditions
3. Back-to-Back Provisions: Include when the Letter of Credit is part of a back-to-back arrangement
4. Red Clause Provisions: Include when advance payment features are required
5. Confirmation Instructions: Include when confirmation by another bank is required
1. Schedule A - Green Criteria: Detailed specifications of the environmental/sustainability criteria that must be met
2. Schedule B - Required Environmental Certifications: List and description of required environmental certificates and verification documents
3. Schedule C - Document Examination Criteria: Specific requirements for examining green compliance documents
4. Appendix 1 - Approved Verifiers: List of approved third-party verifiers for green criteria
5. Appendix 2 - Reporting Templates: Standard templates for environmental compliance reporting
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