Common use of Bank Guarantee No Clause in Contracts

Bank Guarantee No. Date...................... To, M/s XXXX (INDIA) LIMITED SUB: TENDER NO: Dear Xxx(s), In accordance with Letter Inviting Tender under your reference No M/s. having their Registered / Head Office at (hereinafter called the Tenderer), wish to participate in the said tender for As an irrevocable Bank Guarantee against Xxxxxxx Money for the amount of is required to be submitted by the Tenderer as a condition precedent for participation in the said tender which amount is liable to be forfeited on the happening of any contingencies mentioned in the Tender Document. We, the Bank at having our Head Office (Local Address) guarantee and undertake to pay immediately on demand without any recourse to the tenderers by XXXX (India) Ltd., the amount without any reservation, protest, demur and recourse. Any such demand made by GAIL, shall be conclusive and binding on us irrespective of any dispute or difference raised by the Tenderer. This guarantee shall be irrevocable and shall remain valid up to [this date should be two (02) months beyond the validity of the bid].If any further extension of this guarantee is required, the same shall be extended to such required period on receiving instructions from M/s. whose behalf this guarantee is issued. In witness whereof the Bank, through its authorized officer, has set its hand and stamp on this day of 20 at .

Bank Guarantee No. Date...................... ToTo XXXX ( India )Ltd., M/s XXXX (INDIA) LIMITED SUB: TENDER NO: Dear Xxx(sSir(s), In accordance with Letter Inviting Tender under your reference No M/s. having their Registered / Head Office at (hereinafter called the Tenderer), ) wish to participate in the said tender for As an irrevocable Bank Guarantee against Xxxxxxx Money for the amount of is required to be submitted by the Tenderer as a condition precedent for participation in the said tender which amount is liable to be forfeited on the happening of any contingencies mentioned in the Tender Document. We, the Bank at having our Head Office (Local Address) guarantee and undertake to pay immediately on demand without any recourse to the tenderers by XXXX (India) Ltd., the amount without any reservation, protest, demur and recourse. Any such demand made by GAIL, shall be conclusive and binding on us irrespective of any dispute or difference raised by the Tenderer. This guarantee shall be irrevocable and shall remain valid up to upto [this date should be two (02) 6 months beyond after the validity date finally set out for closing of the bid].If tender]. If any further extension of this guarantee is required, the same shall be extended to such required period on receiving instructions from M/s. whose behalf this guarantee is issued. In witness whereof the Bank, through its authorized authorised officer, has set its hand and stamp on this day of 20 200 at .

Bank Guarantee No. Date...................... To, M/s XXXX (INDIA) LIMITED SUB: IGGL TENDER NO: IGGL/GHY/C&P/HR/STATIONERY/11-20(E–TENDER NO. IGGL-100017) Dear Xxx(s), In accordance with Letter Inviting Tender under your reference No M/s. having their Registered / Head Office at (hereinafter called the Tenderer), wish to participate in the said tender for As an irrevocable Bank Guarantee against Xxxxxxx Money for the amount of is required to be submitted by the Tenderer as a condition precedent for participation in the said tender which amount is liable to be forfeited on the happening of any contingencies mentioned in the Tender Document. We, the Bank at having our Head Office (Local Address) guarantee and undertake to pay immediately on demand without any recourse to the tenderers by XXXX IGGL (India) Ltd., the amount without any reservation, protest, demur and recourse. Any such demand made by GAILIGGL, shall be conclusive and binding on us irrespective of any dispute or difference raised by the Tenderer. This guarantee shall be irrevocable and shall remain valid up to [this date should be two (02) months beyond the validity of the bid].If any further extension of this guarantee is required, the same shall be extended to such required period on receiving instructions from M/s. whose behalf this guarantee is issued. In witness whereof the Bank, through its authorized officer, has set its hand and stamp on this day of 20 at .

Bank Guarantee No. Date...................... To, M/s XXXX (INDIA) LIMITED SUB: VISAKHAPATNAM E-TENDER NO: GAIL/VIZ/P76780/8000013403/ELECT-GK FOR PROCUREMENT OF MOTOR OPERATED ACTUATOR FOR VARIOUS GATE VALVES ON LAUNCHER AND RECEIVER UNDER XXXX X.XXXXXXX REGION Dear Xxx(sSir(s), In accordance with Letter Inviting Tender Document under your reference No M/s. having their Registered / Head Office at (hereinafter called the Tenderer/Bidder), wish to participate in the said tender for (hereinafter called the As an irrevocable Bank Guarantee against Xxxxxxx Money Deposit for the amount of is required to be submitted by the Tenderer bidder as a condition precedent for participation in the said tender Tender Document which amount is liable to be forfeited on the happening of any contingencies mentioned in the Tender Document. We, the Bank at having our Head Office (Local Address) guarantee and undertake to pay immediately on demand without any recourse to the tenderers Bidder by XXXX (India) Ltd., the amount without any reservation, protest, demur and recourse. Any such demand made by GAILXXXX (India) Ltd., shall be conclusive and binding on us irrespective of any dispute or difference raised by the TendererBidder. This guarantee shall be irrevocable and shall remain valid up to [this date should be two (02) months beyond the validity of the bid].If any further extension of this guarantee is required, the same shall be extended to such required period on receiving instructions from Bidder M/s. on whose behalf this guarantee is issued. In witness whereof the Bank, through its authorized officer, has set its hand and stamp on this day of 20 at .