The Kenya Power & Lighting Company Limited, Stima Plaza, Kolobot Road, Parklands, P.O Box 30099 00100, – Nairobi, Kenya. WHEREAS…………………………(hereinafter called has undertaken, in “the Supplier”) pursuance of your Tender and number of the Tender) Number………………..(reference its Tender dated date of Tender taken from the Tender ………………(insert Supplier’s to (hereinafter called Contract); Form) of the goods) supply ……………(description “the AND WHEREAS it has been stipulated by you in the said Contract that the Supplier shall furnish you with a bank guarantee by an acceptable bank for the sum specified therein as security for compliance of the performance obligations in accordance with the Supplier’s Contract; AND WHEREAS we have agreed to give the Supplier a guarantee; THEREFORE WE HEREBY AFFIRM that we are Guarantors and responsible to you, on behalf of the Supplier, up to a total sum (amount of the guarantee of……………………. and we undertake to pay you, upon your first written demand in words and figures) declaring the Supplier to be in default under the Contract and without cavil or argument, any sum or sums within the limits of ………………………………………... (amount as aforesaid, without you needing to prove or to show grounds or of guarantee) reasons for your demand or the sum specified therein. This guarantee is valid until the …………day of……………….…..…20…. EITHER with the ) SEALED COMMON SEAL ) of the said BANK ) ) this ) _____________________________ ……………………day ) BANK SEAL of ) ………………………20…. in the presence of :- ) ) ____________________ )
The Kenya Power & Lighting Company Limited, Stima Plaza, Kolobot Road, Parklands, P.O Box 30099 – 00100, Nairobi, Kenya. WHEREAS…………………………(hereinafter called “the Supplier”) has undertaken, in pursuance of your Tender Number………………..(reference number of the Tender) and its Tender dated ………………(insert Supplier’s date of Tender taken from the Tender Form) to supply ……………(description of the goods) (hereinafter called “the Contract); AND WHEREAS it has been stipulated by you in the said Contract that the Supplier shall furnish you with a bank guarantee by an acceptable bank for the sum specified therein as security for compliance of the Supplier’s performance obligations in accordance with the Contract; AND WHEREAS we have agreed to give the Supplier a guarantee; THEREFORE WE HEREBY AFFIRM that we are Guarantors and responsible to you, on behalf of the Supplier, up to a total sum of……………………. (amount of the guarantee in words and figures) and we undertake to pay you, upon your first written demand declaring the Supplier to be in default under the Contract and without cavil or argument, any sum or sums within the limits of ………………………………………... (amount of guarantee) as aforesaid, without you needing to prove or to show grounds or reasons for your demand or the sum specified therein. This guarantee is valid until the …………day of……………….…..…20…. EITHER SEALED with the ) COMMON SEAL ) of the said BANK ) ) this ……………………day ) _____________________________ ) BANK SEAL of ………………………20…. ) in the presence of :- ) ) ____________________ )