Mou For Guarantees

THIS CONTRACT IS VALID FOR ONE WEEK OF THE DATE INDICATED ABOVE.



THIS MOU AGREEMENT IS MADE ON TUESDAY, 17 JULY 2012

BETWEEN
Hereinafter referred to as “The Party A”
NAME :
ADDRESS :
COUNTRY :
REPRESENTED BY:
TELEPHONE :
E - MAIL :
PASSPORT NUMBER:
ISSUED PLACE :
DATE OF EXPIRY :AND
Hereinafter referred to as” The Party B”

NAME :
ADDRESS :
COUNTRY :
REPRESENTED BY :
TELEPHONE :
E-MAIL :
PASSPORT NUMBER:
ISSUED PLACE :
DATE OF EXPIRY :


WHEREAS: Party Adesires to receive Bank Instruments from Party B. Party A confirms with full corporate and legal responsibility to accept the instrument sent to his nominated bank account by Party B and confirms further that funds are available to fulfill the requirements for the requested instrument.

WHEREAS: Party B desires to transfer the aforementioned instrument to Party A. Party B represents andwarrants that it has the ability and resource to arrange through associates, contacts and sources, with full corporate responsibility, financial instrument in the term of assignments to be provided to Party A. Party B hereby declares under penalty of perjury that the Instruments will be backed by cash funds that are good, clean, clear, and free of non criminal origin, the instrument will be free andclear of all liens, encumbrances and third party interest.

Description of Instruments:
THIS CONTRACT IS VALID FOR ONE WEEK OF THE DATE INDICATED ABOVE.

1. Instrument: MT103 Two Way Instrument for collateral (Appendix 1)
2. Total Face Value: EUR50 Million with rolls and extension
3. Issuing Bank: Top 10 Prime Bank I
6. Payouts: 20% TO THE PROVIDER’S DESIGNATED ACCOUNT & 10% TO THEMANDATE’S DESIGNATED ACCOUNT.
7. Delivery: SWIFT MT103 Two Ways
8. Payment: SWIFT MT103-23
9. Duration of Payment: PAYMENT WITHIN 72 HOURS OF SWIFT MT103 DELIVERY

PROCEDURES:
1-Party A and Party B execute, sign and initial this Deed of Agreement which thereby automatically becomes a full commercial recourse contract.

2-Party A will issue an MT 103/23 of face value of …. MillionEuros to the designated account’S of the Party B and another MT 103/23 of face value of …. Million Euros to the head consultant and director for this contract to the designated account of MR. ……………………………………..

3-Party B will issue, deliver Instrument confirmation to hit the screen of the Party A’s bank for authentication & verification in favor of Party A.
4-Within three banking days ofsigning of agreement, (Expected Number of Days to Effect Transfer – 3 Banking Days) Party B agree to transfer the Instrument confirmation to the nominated account of Party A given below:

PARTY A: RECEIVING SWIFT MT 103 BANK CO-ORDINATES:
Bank Name
Bank Address
Bank Swift Code
Bank email
IBAN
Account Name
Account Number
Bank Officer Name
Bank Officer Telephone

5- Within 24hours of receipt of the Instrument confirmation in its Bank screen, Party A is expected to lodge a formal complaint on any mistake or error on the SWIFT delivered to the attention of Party B. If after 24 hours


NO formal complaint is lodged, the instrument confirmation shall be deemed as good, well received and accepted by Party A.
6-Within 24 hours of the Instrument confirmationaccepted by Party A,WITHIN 72 HOUR’S full Payment to the nominated account of Party B .
THIS CONTRACT IS VALID FOR ONE WEEK OF THE DATE INDICATED ABOVE.



PARTY B: BENEFICIARY BANK CO-ORDINATES:
Bank Name
Bank Address
Bank Swift Code
Bank email
IBAN
Account Name
Account Number
Bank Officer Name
Bank Officer Telephone

THE HEAD MANDATE & CONSULTANT BANK CO-ORDINATE:

Name :...