¶¶Òõ¶ÌÊÓƵ

1. Counter-Indemnity: Optional section when the principal provides indemnity to the bank - typically included when requested by the bank

2. Multiple Beneficiaries: Required only when there is more than one beneficiary, detailing their rights and relationships

3. Partial Drawings: Include when multiple drawdowns are permitted, specifying conditions and procedures

4. Foreign Currency Provisions: Required when the guarantee amount is in a currency other than Nigerian Naira

5. Step-In Rights: Optional provisions allowing the bank to step into the underlying contract in certain circumstances

6. Force Majeure: Optional clause dealing with circumstances beyond parties' control - included based on bank's policy or negotiation

7. Language: Required only when the guarantee needs to be issued in multiple languages

1. Schedule 1 - Form of Demand: Template for the beneficiary to make a demand under the guarantee

2. Schedule 2 - Form of Reduction Notice: Template for documenting reduction in guarantee amount

3. Schedule 3 - Supporting Documents: List and formats of required supporting documents for drawdown

4. Schedule 4 - Bank's Processing Fees: Details of bank's fees and charges related to the guarantee

5. Appendix A - Specimen Signatures: Authorized signatures for all parties

6. Appendix B - Communication Details: Detailed contact information and communication protocols for all parties