Advance Payment Security [Guarantor

Advance Payment Security

[Guarantor letterhead or SWIFT identifier code]
Beneficiary: SOUTHERN POWER CORPORATION (EVN SPC)
72 Hai Ba Trung Str., District 1, Ho Chi Minh City, S.R. Viet Nam
Date: [Insert date of issue]
ADVANCE PAYMENT GUARANTEE No.: [Insert guarantee reference number]
Guarantor: [Insert name and address of place of issue, unless indicated in the letterhead]

We have been informed that Consortium Comin Asia Pte. Ltd. / Comin Vietnam Ltd. (hereinafter called “the Applicant”) has entered into Contract No. 01-14/SPC-CA&CV/DEP-SPC-S2-G05/LOT 5.4 dated January 23rd, 2014 with the Beneficiary, for the execution of Substation electrical equipment and materials, communication and SCADA for My Phuoc 110kV substation under Distribution Efficiency Project (DEP) – Phase 2] (hereinafter called "the Contract").
Furthermore, we understand that, according to the conditions of the Contract, an advance payment in the sum USD31,637.22 + VND1,091,500,400.00 (USD dollars Thirty one thousand six hundred thirty seven and cents twenty two only PLUS Vietnam Dong One billion, ninety one million, five hundred thousand, four hundred only) is to be made against an advance payment guarantee.
At the request of the Applicant, we as Guarantor, hereby irrevocably undertake to pay the Beneficiary any sum or sums not exceeding in total an amount of USD31,956.79 + VND1,218,961,004.00 (USD dollars Thirty one thousand nine hundred fifty six and cents seventy nine only PLUS Vietnam Dong One billion, two hundred eighteen million, nine hundred sixty one thousand, four only),1 upon receipt by us of the Beneficiary’s complying demand supported by the Beneficiary’s statement, whether in the demand itself or in a separate signed document accompanying or identifying the demand, stating either that the Applicant:
(a) has used the advance payment for purposes other than toward delivery of Goods; or
(b) has failed to repay the advance payment in accordance with the Contract conditions, specifying the amount which the Applicant has failed to repay.

A demand under this guarantee may be presented as from the presentation to the Guarantor of a certificate from the Beneficiary’s bank stating that the advance payment referred to above has been credited to the Applicant.
The maximum amount of this guarantee shall be progressively reduced by the amount of the advance payment repaid by the Applicant as specified in copies of interim statements or payment certificates which shall be presented to us. This guarantee shall expire, at the latest, upon our receipt of a copy of the interim payment certificate indicating that ninety (90) percent of the Accepted Contract Amount, has been certified for payment, or on than the 12th day of July, 2014, whichever is earlier. Consequently, any demand for payment under this guarantee must be received by us at this office on or before that date.
This guarantee is subject to the Uniform Rules for Demand Guarantees (URDG) 2010 Revision, ICC Publication No.758, except that the supporting statement under Article 15(a) is hereby excluded.
.

____________________
[signature(s)]

Note: All italicized text (including footnotes) is for use in preparing this form and shall be deleted from the final product.

Kết quả (Anh) 1:

Advance Payment Security [Guarantor letterhead or SWIFT identifier code] Beneficiary: SOUTHERN POWER CORPORATION (EVN SPC)72 Hai Ba Trung str., District 1, Ho Chi Minh City, S.R. Vietnam Date: [Insert date of issue]ADVANCE PAYMENT GUARANTEE No.: [Insert the guarantee reference number]Guarantor: [Insert name and address of place of issue, unless indicated in the letterhead]We have been informed that Consortium Comin Asia Pte. Ltd./Comin Vietnam Ltd. (hereinafter called "the Applicant") has entered into Contract No. 01-14/SPC-CA & CV/DEP-SPC-S2-G05/LOT 5.4 dated January 23rd, 2014 with the Beneficiary, for the execution of Substation electrical equipment and materials, the SCADA communication and for My Phuoc 110kV substation under Distribution Efficiency Project (DEP)-Phase 2] (hereinafter called "the Contract"). Furthermore, we understand that, according to the conditions of the Contract, an advance payment in the sum of USD31, 637.22 + .500 .091 VND1, 400.00 (USD dollars Thirty one thousand six hundred thirty seven and twenty two cents only PLUS Vietnam Dong One billion, ninety one million, five hundred thousand, four hundred only) is to be made against an advance payment guarantee.At the request of the Applicant, we hereby irrevocably undertake, as Guarantor to pay the Beneficiary any sum or sums not exceeding in total an amount of USD31, 956.79 + .961 .218 VND1, 004.00 (USD dollars Thirty thousand nine hundred fifty six and seventy nine cents only PLUS Vietnam Dong One billion, two hundred eighteen million, nine hundred sixty one thousand, four only) .1 upon receipt by us of the complying Beneficiary's demand supported by the Beneficiary's statement, whether in the demand itself or in a separate signed document accompanying or identifying the demand, stating either that the Applicant:(a) has used the advance payment for purposes other than toward delivery of Goods; or(b) has failed to repay the advance payment in accordance with the Contract conditions, specifying the amount which the Applicant has failed to repay. A demand under this guarantee may be presented as from the presentation to the Guarantor of a certificate from the Beneficiary's bank stating that the advance payment referred to above has been credited to the Applicant.The maximum amount of this guarantee shall be progressively reduced by the amount of the advance payment repaid by the Applicant as specified in copies of interim statements or payment certificates which shall be presented to us. This guarantee shall expire, at the latest, upon our receipt of a copy of the interim payment certificates indicating that ninety (90) percent of the Accepted Contract Amount, has been certified for payment, or on than the 12th day of July, 2014, whichever is earlier. Consequently, any demand for payment under this guarantee must be received by us at this office on or before that date.This guarantee is subject to the Uniform Rules for Demand Guarantees (URDG) 2010 Revision, ICC Publication No. 758, except that the supporting statement under Article 15 (a) is hereby excluded..____________________ [signature (s)] Note: All italicized text (including footnotes) is for use in preparing this form and shall be deleted from the final product.

Kết quả (Anh) 2:

Advance Payment Security [guarantor letterhead or SWIFT identifier code] Beneficiary: SOUTHERN POWER CORPORATION (EVN SPC) 72 Hai Ba Trung Str., District 1, Ho Chi Minh City, Viet Nam SR Date: [Insert date of issue] ADVANCE PAYMENT GUARANTEE No .: [Insert guarantee reference number] guarantor: [Insert name and address of place of issue, nếu indicated in the letterhead] We được Informed mà Consortium Comin Asia Pte. Ltd. / Comin Vietnam Ltd. (Hereinafter Called "the Applicant") has nhập Into Contract No. 01-14 / SPC-CA & CV / DEP-SPC-S2-G05 / LOT 5.4 dated January 23rd, 2014 with the Beneficiary, for the execution of substation electrical equipment and materials, communication and SCADA for My Phuoc 110kV substation Distribution Efficiency Project under ( DEP) - Phase 2] (hereinafter Called "the Contract"). Furthermore, chúng hiểu that, theo conditionsEND_SPAN of the Contract, an advance payment in the sum USD31,637.22 + VND1,091,500,400.00 (USD one thousand six hundred dollars Thirty thirty seven and twenty two cents PLUS Vietnam Dong One Billion only, ninety one million, five hundred thousand, four hundred only) is to be made ​​an advance payment guarantee với. At the request of the Applicant, as a guarantor chúng, hereby irrevocably undertake to pay any sum or sums the Beneficiary not exceeding in total an amount of USD31,956.79 + VND1,218,961,004.00 (USD one thousand nine hundred dollars Thirty six and fifty nine cents Seventy PLUS Vietnam Dong One Billion only, two hundred eighteen million, nine hundred sixty One thousand, four only), 1 upon receipt by us of the Beneficiary's complying demand supported by the Beneficiary's statement, nếu in the demand chính nó or in a chia signed document Accompanying or Identifying the demand, stating hoặc rằng Applicant: (a) has used the advance payment for other Purposes Toward coal delivery of Goods; or (b) has failed to repay the advance payment in accordance with the Contract conditionsEND_SPAN, Specifying the amount đó Applicant has failed to repay. A demand under this guarantee lẽ hiển as from the presentation to the guarantor of a certificate from the Beneficiary's advance payment bank rằng stating Referred to above Đã credited to the Applicant. The maximum amount of this guarantee shall only be progressively reduced by the amount of the advance payment repaid by the Applicant as printed copies of interim statements rõ or payment certificates shall only be mà hiển to us. This guarantee shall only expire, at những, upon receipt of a copy of our interim payment certificate ngụ mà the ninety (90) percent of the Accepted Contract Amount, Đã certified for payment, or on the 12th day of July charcoal, 2014 whichever is earlier. Consequently, any demand for payment under this guarantee by us Phải received at this office on or trước mà date. This guarantee is subject to the Uniform Rules for Demand Guarantees (URDG) 2010 Revision, ICC Publication No.758, except Supporting rằng statement under Article 15 (a) is hereby excluded. . ____________________ [signature (s)] Note: All italicized text (including footnotes) is for use in Preparing this form and shall only be deleted from the final product.