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WARRANTY GUARANTEE
We have been informed that the Applicant has entered into the Contract with you.
As guarantor we, (name of the bank), hereby guarantee towards you, as for our
own debt, the due and punctual fulfilment of the warranty obligations assumed by
the Applicant under the Contract. However, we shall not by reason of this guarantee
be liable to pay to you more in aggregate than the Guarantee Amount.
Optional Clause:
In case of disagreement between the Applicant and the Beneficiary regarding
the underlying relationship, payment under this guarantee may be postponed
pending amicable agreement, arbitration or final judgement in court.
This guarantee is governed by and construed in accordance with [country] law and
shall be subject to the jurisdiction [relevant court].