| Employer/Beneficiary: | Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH Dag-Hammarskjöld-Weg 1-5 65760 Eschborn |
| Contractor: | |
| Contract date: | |
| Contract no.: | |
| Project no.: | |
| Object of supply/performance: | |
| Advance payment pursuant to the contract in EUR: |
We hereby undertake vis-à-vis the beneficiary to guarantee repayment of the advance payment stipulated above, including any incidental claims, up to the amount of
| Amount in EUR: | |
| Amount in words: |
Explicitly waiving all objections and defences, we undertake to render said payment upon receipt of the beneficiary’s first written demand, provided that the latter states that the contractor has failed to observe all or part of his contractual obligations.
| This guarantee shall take effect as of: |
It shall expire on return of the guarantee document.
This guarantee shall be governed by the law of the Federal Republic of Germany. The place of jurisdiction for all disputes arising from this guarantee shall be Bonn or Frankfurt/Main, Germany.
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| (Place) | (Date) |
| (Signature of the guarantor) |