Fax (21) 3797-6399 Addresses and fax numbers for routing information relating to this Letter of Credit may be changed by the Issuer or the ANP by notice given to the other party at least 15 banking days prior to the date of change. 10. This Letter of Credit sets in full and unconditional obligation of the Issuer and such obligation shall in no way be modified or amended based on any document, instrument or contract, except (i) Reduction Certificate (ii) the Payment Order, (iii) the Drawing Certificate, (iv) the Receipt Certificate, (v) the approval by the ANP Assignment of the Contract under Clause Twenty-two of the Concession Contract( vi) the approval by the ANP extension or suspension of the Initial Work Program schedule set forth in Sections Fifth and Fourteenth of the Concession Contract. 11. This letter of credit on the terms and conditions herein and for the purpose intended, is a valid, legal and binding document in the place of its billing and the issuer may not oppose the ANP claim of any kind to prevent its full and complete implementation. Sincerely, [Insert bank name] ___________________________ [signature] Name: [Insert the name of the person responsible for issuing] Position: [insert position of the person responsible for issuing] Document 1 REDUCTION CERTIFICATE In reference to the Letter of Credit in character Irrevocable Guarantee (Letter of Credit) No [insert Letter of Credit number], dated on [insert date, in format day/month/year], issued by [Insert bank name] in favor of the ANP. The Capitalized terms from this point and not defined herein have the respective meanings set forth in the Letter of Credit. The undersigned, duly authorized to sign this certificate on behalf of ANP, hereby certifies that: The amount in Reais, specified under (a), is the amount allocable to the Nominal Amount of the Letter of Credit to the work performed by the Concessionaires relating to the Initial Work Programme to the date of this certificate; and
Fax (21) 3797-6399 Addresses and fax numbers for routing information relating to this Letter of Credit may be changed by the Issuer or the ANP by notice given to the other party at least 15 banking days prior to the date of change. 10. This Letter of Credit sets in full and unconditional obligation of the Issuer and such obligation shall in no way be modified or amended based on any document, instrument or contract, except (i) Reduction Certificate (ii) the Payment Order, (iii) the Drawing Certificate, (iv) the Receipt Certificate, (v) the approval by the ANP Assignment of the Contract under Clause Twenty-two of the Concession Contract( vi) the approval by the ANP extension or suspension of the Initial Work Program schedule set forth in Sections Fifth and Fourteenth of the Concession Contract. 11. This letter of credit on the terms and conditions herein and for the purpose intended, is a valid, legal and binding document in the place of its billing and the issuer may not oppose the ANP claim of any kind to prevent its full and complete implementation. Sincerely, [Insert bank name] ___________________________ [signature] Name: [Insert the name of the person responsible for issuing] Position: [insert position of the person responsible for issuing] Document 1 REDUCTION CERTIFICATE In reference to the Letter of Credit in character Irrevocable Guarantee (Letter of Credit) No [insert Letter of Credit number], dated on [insert date, in format day/month/year], issued by [Insert bank name] in favor of the ANP. The Capitalized terms from this point and not defined herein have the respective meanings set forth in the Letter of Credit. The undersigned, duly authorized to sign this certificate on behalf of ANP, hereby certifies that: The amount in Reais, specified under (a), is the amount allocable to the Nominal Amount of the Letter of Credit to the work performed by the Concessionaires relating to the Initial Work Programme to the date of this certificate; and
Tender_Protocol_edital.docx