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1. Parties: Identifies the key parties: Issuing Bank, Applicant (Account Party), and Beneficiary
2. Background: Context of the SBLC issuance, underlying business relationship, and purpose
3. Definitions: Key terms including revolving mechanism, credit amount, reinstatement conditions
4. SBLC Amount and Currency: Specification of the credit amount, currency, and maximum liability
5. Revolving Terms: Details of how the SBLC revolves, reinstatement conditions, and cycle duration
6. Validity Period: Term of the SBLC, including effective date and expiry conditions
7. Drawing Conditions: Requirements and procedures for making demands under the SBLC
8. Documents Required: List of documents required for presentation when making a demand
9. Bank's Undertaking: Core commitment of the issuing bank to honor valid demands
10. Fees and Charges: All applicable fees, charges, and payment terms
11. Governing Law and Jurisdiction: Pakistani law as governing law and jurisdiction details
12. Notices: Communication procedures and contact details for all parties
1. Automatic Extension Clause: Used when parties want the SBLC to automatically extend for additional periods
2. Partial Drawings: Include when multiple partial drawings are to be permitted
3. Transfer Rights: Include when the SBLC needs to be transferable to other beneficiaries
4. Counter-Indemnity: Include when additional security from the applicant is required
5. Sanctions Clause: Include for international transactions to address compliance with sanctions regulations
6. Force Majeure: Include when specific force majeure provisions are needed beyond standard terms
7. Electronic Presentation: Include when electronic presentation of documents is permitted
1. Schedule 1 - Form of Demand: Template for making demands under the SBLC
2. Schedule 2 - Fee Schedule: Detailed breakdown of all fees and charges
3. Schedule 3 - Required Documents: Comprehensive list and format of required documents for demands
4. Schedule 4 - Authorized Signatories: List of authorized signatories for all parties
5. Appendix A - Terms and Conditions: Standard terms and conditions of the issuing bank
6. Appendix B - Compliance Requirements: Specific compliance and regulatory requirements
7. Appendix C - Operating Procedures: Detailed procedures for revolving mechanism and operations
Banking and Financial Services
International Trade
Manufacturing
Construction
Energy
Infrastructure
Telecommunications
Real Estate
Import/Export
Commodities Trading
Mining
Oil and Gas
Legal
Finance
Treasury
Trade Finance
Compliance
Risk Management
Commercial Operations
International Banking
Credit Administration
Documentary Credits
Chief Financial Officer
Treasury Manager
Trade Finance Manager
Finance Director
Banking Relationship Manager
Import/Export Manager
Compliance Officer
Legal Counsel
Credit Manager
Risk Manager
Commercial Director
Trade Operations Manager
Documentary Credits Specialist
Financial Controller
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