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1、1URDG758Article1ApplicationofURDGApplytoanydemandguaranteeorcounter-guaranteethatexpresslyindicatesitissubjecttothem,exceptmodifiesorexcludesthem.DemandGuaranteeissubjecttotheURDG,CounterGuaranteeisalsosubjecttotheURDG.CounterGuaranteeisalsosubjecttotheURDG,DemandGuaranteeissubjecttotheURDG
2、?DemandGuaranteeissubjecttotheURDGexcludedarticleX,CounterGuaranteeissubjecttotheURDGexcludedarticleX?modifiesorexcludes?2URDG758Article1ApplicationofURDGWhere,attherequestorwiththeagreementoftheinstructingparty,ademandguaranteeorcounter-guaranteeisissuedsubjecttotheURDG,theinstructingparty
3、isdeemedtohaveacceptedtherightsandobligationsexpresslyascribedtoitintheserules.URDG1992versionor2010version?CantheURDGapplywherenotexpresslyincorporatedinaguarantee?3URDG758Article2DefinitionsApplicantmeansthepartyindicatedintheguaranteeashavingitobligationundertheunderlyingrelationshipsupp
4、ortedbytheguarantee.Theapplicantmayormaynotbetheinstructingparty.Instructingpartymeanstheparty,otherthanthecounter-guarantor,whogivesinstructionstoissueaguaranteeorcounter-guaranteeandisresponsibleforindemnifyingtheguarantoror,inthecaseofacounter-guarantee,thecounter-guarantor.Theinstructin
5、gpartymayormaynotbetheapplicant.Partyv.Bank4URDG758Article2DefinitionsDemandguaranteemeansanysignedundertaking,howevernamedordescribed,providingforpaymentonpresentationofacomplyingdemand.Structureoffive-partyguaranteeCanguarantorissueaguaranteeactingforitsownaccount?InstructingPartyBenefici
6、aryGuarantorApplicantCounterGuarantorPrincipal5URDG758Article2DefinitionsPresentationmeansthedeliveryofadocumentunderaguaranteetotheguarantororthedocumentsodelivered.Itincludesapresentationotherthanforademand,forexample,apresentationforthepurposeoftriggeringtheexpiryoftheguaranteeoravariati
7、onofitsamount.Documentmeansasignedorunsignedrecordofinformation,inpaperorinelectronicform,thatiscapableofbeingreproducedintangibleformbythepersontowhomitispresented.Intheserules,adocumentincludesademandandasupportingstatement.Documentincludesfaxore-mail?
