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1、URDG758培训_中国银行2URDG758Article2DefinitionsApplicantmeansthepartyindicatedintheguaranteeashavingitobligationundertheunderlyingrelationshipsupportedbytheguarantee.Theapplicantmayormaynotbetheinstructingparty.Instructingpartymeanstheparty,otherthanthecounter-guarantor,who
2、givesinstructionstoissueaguaranteeorcounter-guaranteeandisresponsibleforindemnifyingtheguarantoror,inthecaseofacounter-guarantee,thecounter-guarantor.Theinstructingpartymayormaynotbetheapplicant.Partyv.Bank3URDG758Article2DefinitionsDemandguaranteemeansanysignedundert
3、aking,howevernamedordescribed,providingforpaymentonpresentationofacomplyingdemand.Structureoffive-partyguaranteeCanguarantorissueaguaranteeactingforitsownaccount?InstructingPartyBeneficiaryGuarantorApplicantCounterGuarantorPrincipal4URDG758Article2DefinitionsPresentat
4、ionmeansthedeliveryofadocumentunderaguaranteetotheguarantororthedocumentsodelivered.Itincludesapresentationotherthanforademand,forexample,apresentationforthepurposeoftriggeringtheexpiryoftheguaranteeoravariationofitsamount.Documentmeansasignedorunsignedrecordofinforma
5、tion,inpaperorinelectronicform,thatiscapableofbeingreproducedintangibleformbythepersontowhomitispresented.Intheserules,adocumentincludesademandandasupportingstatement.Documentincludesfaxore-mail?5URDG758Article2DefinitionsComplyingpresentationunderaguaranteemeansapres
6、entationthatisinaccordancewith,first,thetermsandconditionsofthatguarantee,second,theserulessofarasconsistentwiththosetermsandconditionsand,third,intheabsenceofarelevantprovisionintheguaranteeortheserules,internationalstandarddemandguaranteepractice.Complyingdemandmean
7、sademandthatmeetstherequirementsofacomplyingpresentation.ComplyingpresentationunderUCP600?Presentationv.Demand?6URDG758Article2DefinitionsInternationalstandarddemandguaranteepracticeThisismeantasafirststeptosupplementinginthenextfewyearstherevisedURDGwithabodyofcodifi
8、edstandardpracticessimilartoISBPwhenICCfeelthatOpinions,DOCDEXdecisionsandotherpositionpaperswouldallowtoidentifydistinctive
