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1、1URDG758Article1ApplicationofURDGApplytoanydemandguaranteeorcounter-guaranteethatexpresslyindicatesitissubjecttothem,exceptmodifiesorexcludesthem.DemandGuaranteeissubjecttotheURDG,CounterGuaranteeisalsosubjecttotheURDG.CounterGuaranteeisalsosubjecttotheURDG,DemandGuaranteeissubjecttotheURDG?Dem
2、andGuaranteeissubjecttotheURDGexcludedarticleX,CounterGuaranteeissubjecttotheURDGexcludedarticleX?modifiesorexcludes?2URDG758Article1ApplicationofURDGWhere,attherequestorwiththeagreementoftheinstructingparty,ademandguaranteeorcounter-guaranteeisissuedsubjecttotheURDG,theinstructingpartyisdeemed
3、tohaveacceptedtherightsandobligationsexpresslyascribedtoitintheserules.URDG1992versionor2010version?CantheURDGapplywherenotexpresslyincorporatedinaguarantee?3URDG758Article2DefinitionsApplicantmeansthepartyindicatedintheguaranteeashavingitobligationundertheunderlyingrelationshipsupportedbythegu
4、arantee.Theapplicantmayormaynotbetheinstructingparty.Instructingpartymeanstheparty,otherthanthecounter-guarantor,whogivesinstructionstoissueaguaranteeorcounter-guaranteeandisresponsibleforindemnifyingtheguarantoror,inthecaseofacounter-guarantee,thecounter-guarantor.Theinstructingpartymayormayno
5、tbetheapplicant.Partyv.Bank4URDG758Article2DefinitionsDemandguaranteemeansanysignedundertaking,howevernamedordescribed,providingforpaymentonpresentationofacomplyingdemand.Structureoffive-partyguaranteeCanguarantorissueaguaranteeactingforitsownaccount?InstructingPartyBeneficiaryGuarantorApplican
6、tCounterGuarantorPrincipal5URDG758Article2DefinitionsPresentationmeansthedeliveryofadocumentunderaguaranteetotheguarantororthedocumentsodelivered.Itincludesapresentationotherthanforademand,forexample,apresentationforthepurposeoftriggeringtheexpiryoftheguaranteeoravariationofitsamount.Documentme
7、ansasignedorunsignedrecordofinformation,inpaperorinelectronicform,thatiscapableofbeingreproducedintangibleformbythepersontowhomitispresented.Intheserules,adocumentincludesademandandasupportingstatement.Documentincludesfaxore-mail?
