Common use of SUBMISSION OF BANK GUARANTEE’s Clause in Contracts

SUBMISSION OF BANK GUARANTEE’s. I) The Bank Guarantee issued by the issuing Bank on behalf of contractor/supplier in favour of S“ outh Eastern Coalfields Limited” shall b e in paper form as well as issued under “Structured Financial Messaging System” (SFMS). As such the Guarantor (BG issuing bank) shall send information about issuance of this Guarantee through SFMS gateway either to the SBI, SME Branch, Bilaspur (IFSC – SBIN0004177) or to the ICICI Bank, Vyapar Vihar, Bilaspur (IFSC- ICIC0000282) as the case may be. The details of Beneficiary, i.e. South Eastern Coalfields Limited for issue of BG under SFMS platform are furnished below: a) State Bank of India as advising Bank of SECL : 1 Name of the Benefi ciary and his Detai ls i 7034(Beneficiary Det ails) South Eastern Coalfields Limited ii Area SECL HQ, Bilaspur

Appears in 4 contracts

Samples: Contract, Contract, Contract

SUBMISSION OF BANK GUARANTEE’s. I) The Bank Guarantee issued by the issuing Bank on behalf of contractor/supplier in favour of South South Eastern Coalfields Co alfields Limited” shall b e be in paper form as well as issued under “Structured Financial Messaging System” (SFMSSFM S). As such the Guarantor (BG issuing bank) shall send information about issuance of this Guarantee through SFMS S FMS gateway either to the SBI, SME Branch, Bilaspur (IFSC – SBIN0004177) or to the ICICI Bank, Vyapar Vihar, Bilaspur (IFSC- ICIC0000282) as the case may be. The details of Beneficiary, i.e. South Eastern Coalfields Limited for issue of BG under SFMS platform are furnished furnishe d below: a) State Bank of India as advising Bank of SECL : 1 Name of the Benefi ciary and his Detai ls i 7034(Beneficiary Det ails) South Eastern Coalfields Limited ii Area SECL HQ, Bilaspur

Appears in 3 contracts

Samples: Contract, Contract, Contract

SUBMISSION OF BANK GUARANTEE’s. I) The Bank Guarantee issued by the issuing Bank on behalf of contractor/contractor/ supplier in favour of S“ outh “South Eastern Coalfields Limited” shall b e be in paper form as well as issued under “Structured Structure d Financial Messaging System” (SFMS). As such the Guarantor (BG issuing bank) shall send information i nformation about issuance of this Guarantee through SFMS gateway either to the SBI, SME BranchB ranch, Bilaspur (IFSC – SBIN0004177) or to the ICICI Bank, Vyapar Vihar, Bilaspur (IFSC- ICIC0000282ICIC0 000282) as the case may be. The details of Beneficiary, i.e. South Eastern Coalfields Limited for issue of BG under SFMS platform pl atform are furnished below: a) State Bank of India as advising Bank of SECL : 1 Name of the Benefi ciary and his Detai ls Detail s i 7034(Beneficiary Det ails) South Eastern Coalfields Limited ii Area SECL HQ, Bilaspur

Appears in 2 contracts

Samples: Contract, Contract

SUBMISSION OF BANK GUARANTEE’s. I) The Bank Guarantee issued by the issuing Bank on behalf of contractor/supplier in favour of S“ outh “South Eastern Coalfields LimitedL imited” shall b e be in paper form as well as issued under “Structured Financial Messaging System” (SFMS). As such the Guarantor Gu arantor (BG issuing bank) shall send information about issuance of this Guarantee through SFMS gateway either to the SBI, SME Branch, Bilaspur (IFSC – SBIN0004177) or to the ICICI Bank, Vyapar Vihar, Bilaspur (IFSC- ICIC0000282) as the case c ase may be. The details of Beneficiary, i.e. South Eastern Coalfields Limited for issue of BG under SFMS platform are furnished below: a) State Bank of India as advising Bank of SECL SECL: 1 Name of the Benefi ciary Benefici ary and his Detai ls Details i 7034(Beneficiary Det ailsDetail s) South Eastern Coalfields Limited ii Area SECL HQ, Bilaspur

Appears in 2 contracts

Samples: Contract, Contract

SUBMISSION OF BANK GUARANTEE’s. I) The Bank Guarantee issued by the issuing Bank on behalf of contractor/supplier in favour of S“ outh “So uth Eastern Coalfields Limited” shall b e be in paper form as well as issued under “Structured Financial Finan cial Messaging System” (SFMS). As such the Guarantor (BG issuing bank) shall send information about issuance of this Guarantee through SFMS gateway either to the SBI, SME Branch, Bilaspur (IFSC – SBIN0004177) or to the ICICI Bank, Vyapar Vihar, Bilaspur (IFSC- ICIC0000282) as the case cas e may be. The details of Beneficiary, i.e. South Eastern Coalfields Limited for issue of BG under SFMS platform platfo rm are furnished below: a) State Bank of India as advising Bank of SECL : 1 Name of the Benefi ciary and his Detai ls i 7034(Beneficiary Det ails) South Eastern Coalfields Limited ii Area SECL HQ, Bilaspur

Appears in 2 contracts

Samples: Contract, Contract