Advising Bank. a banking institution specified in the Bank Guarantee Agreement providing service to the Beneficiary and/or a banking institution based in the Beneficiary’s country, which in case of receiving the Guarantee Notice from the Bank establishes its authenticity and ensures provision of information about opening the Bank Guarantee to the Beneficiary.
Appears in 8 contracts
Samples: Specific Terms, conditions.bog.ge, conditions.bog.ge
Advising Bank. a banking institution specified in the Bank Guarantee Letter of Credit Agreement providing service to the Beneficiary and/or a banking institution based in the Beneficiary’s country, which in case of receiving the Guarantee Notice Letter of Credit Order from the Bank establishes its authenticity and ensures provision of information about opening the Bank Guarantee Letter of Credit to the Beneficiary.
Appears in 5 contracts
Samples: Specific Terms, Specific Terms, conditions.bog.ge
