Cyber Security Audit Of Website - ANNEXURES | NSeGS

damages, costs, charges and expenses caused to or suffered by or that may be caused to or suffered by the Company shall be final and binding on us. 4. We\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ Bank Ltd. further agree that guarantee herein contained shall remain in full force and effect during the period that would be taken for the performance of the said Document and that it shall continue to be enforceable till all your dues under or by virtue of the said Document have been fully paid and its claims satisfied or discharged or till you certify that terms and conditions of the said document have been fully and properly carried out by the said M/s………….. and accordingly discharge the guarantee. Unless a demand or claim under this guarantee is made on us in writing on or before the \_\_\_\_\_\_\_\_\_\_\_\_\_\_ we shall be discharged from all liability under this guarantee. 5. We\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ Bank Ltd. further agree with you that you shall have the fullest liberty without our consent and without affecting in any manner our obligations hereunder to vary any of the terms and conditions of the said Document or to extend time asked by M/s…………….. from time to time or to postpone for any time or from time to time any of the powers exercisable by you against M/s ………….. and to forbear or enforce any of the terms and conditions relating to the said document and we shall not be relieved from our liability by reason of any such variation or extension being granted to M/s……………….. or for any forbearance act or omission on your part or any indulgence by you to M/s…………………. or by any such matter or thing whatsoever under the law relating to sureties would but for this provision have effect of so relieving us. 6. It shall not be necessary for the Company to proceed against M/s………………….. before proceeding against the Bank and the Guarantee herein contained shall be enforceable against the Bank, notwithstanding any security which the Company may have obtained from M/s………………………… at this time when proceedings are taken against Bank hereunder be outstanding or unrealized. 7. We\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ Bank Ltd. further, undertake to unconditionally pay the amount claimed by the Company merely on demand and without demur to the extent aforesaid. 8. We, the said Bank lastly undertake not to revoke this guarantee during its currency except with the previous consent of the Company in writing and agree that any change in the constitution of the Company or of M/s……………… or the said Bank shall not discha rge our liability hereunder.

- 9. Notwithstanding anything contained herein

(i) Our liability under this bank guarantee shall not exceed ……. (Rupees …………. ………… …….) (ii) This bank Guarantee shall remain valid up to ……………… (iii) Our liability to make payments shall arise and we are liable to pay the guaranteed amount or any part thereof under this guarantee only and only if you serve upon us a written claim or demand in terms of guarantee on or before ……….

Witness Dated \_\_\_\_\_\_\_\_day of \_\_\_\_\_\_\_\_ 2019 For\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ Bank Ltd. Signature\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ Seal

Note: While issuing the Bank Guarantee either for Earnest Money, the Issuing Bank must furnish following details:

- - Name & address of the Bank
- - Contact person
- - Telephone no.
- - Fax no.
- - E-mail address:

The Bidder while getting the Bank Guarantees issued by the Banker must take care of the above details.