2
 
INDEMNTIY FOR GUARANTEES
Dae OS OF ODS
“The Manager
Bank Qhofpr, Maisayah Islamic Banking Services
lousy Branch
In consideration of Bank Dhofar, Maiearah Islamic Banking
Services (‘the Bank’) issuing a Guarentee bearing reference
RSS ae
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(eh) AY Apa Stall bee Etre) Jae ce ar
 
4. Uwe hereby unconditionelly and irrevocably indemnify the
Bank against all losses, costs, claims, damages, suits,
‘expenses whatsoever which the ‘Bank may incur, suffer oF
‘sustain in connection with or arising in any way whatsoever
Under the Guarantee and undertake to pay tothe Bank all and
‘any sums of money which may from time to time be claimed or
‘demanded from the Bank by Beneficiary or which the Bank
‘shal suffer sustain, incur , or pay or become liable to pay in
connection with Guarantee.
 
   
 
 
 
infavourot_GQURRD/AN (2 nawur Sc eae eas
ia
Pa need
= eH)
alin “OS, ooo] cme (619) a ye Bak a gh Ge Ua Jes ala Hy (ta)
moo which expression fal ato cover any ecension nthe | |e 9 Lge ot 9! AAS LS lp) Ue rt
validity period thereof or other modification, whether or not such (Gay
etenionormfeaton is made at my/our request orth my! | il gs
| we, ‘Al Naldhoa AL Qrorrta(plid WG
| of conf the
| folowing: OF AB HE ab Liye bet ad Op chs pyre bl Late gh 1
 
 
Pb SBS ge GIST 31 5g 4 pal cUlle « Gyan fle 8
Bb tee ga 9 Rh lay ale ak J Gs J Se
A Wy ge CN Sh | bt Ags aga LS oa oo ine
JAN ASS lla ade yo ed Ue 9) MAUL 1
Ri lay ie Valor eas a le al
at gt AY ehh J Aaa OF Sty Lal adhe lye Bae Spy 2
dng at thule
Hct gt ay bye ty
 
 
 
 
 
2. For as long a8 Guarantee shall be in force and unt itis |. Jig wy sab Ub unt io gi Li ud Ga
relumed 1 the Bank for cancelation, | Ive shall pay to the | “Us cts Saal ost ens Nese a
Berk commission advance of | Gb Weir the Hn the Mail inf Joa Me Qy rhe pe
for the entice vaisty | Sigt caiM) abl ALI ge Lak (iy) pal gs le iby L/h!
pared of he Guarantee, fn the event of an amendment tothe | al Bae My etd Bia Uy wah
mount of tho Guarantoo orto its vality period, 17 wo agroo | “it Ate Ob te ay Ji SS Gy ca aay
that fee(s) wl be payable on advance on the Barks maximum | “2 isl IS ye iss Cre!) al Jane Oe ip i) WE
liabity under the Guarantee from the date such amendment | Sal alll JB oe
becomes effective fr the whole offs amended validty period
if appleabie. | we also agree thatthe feats) amounts subject Bs ae
to amendment at the sole discretion of the Bank ‘sells cubll pty atl Jub ob Ubaglt Shy | pig Ua tat | git 3
hy op Lae AN UN any WL al Qe Le slam at ON emt
3. we hereby irevecably authorise the Bank, without making cade ugly
rier demand, to debt my / our account wth the Bank with any
{nd all sums payable by me fus from time to te under this
indemnty oF hE es Nena UL coe Ob Sapo lg Lilt got
“AS Ue cyl a go JN any ib 4} tae BLL oh Gy)
4. Uwe expressly agree that ell accounts mainisined by me! us
wn any of tn Bancs.bronches in Oman’ 0” broad | 4! Sy lin eae Wo el a ais te UY
irespectve of the currency n which these maybe maintained , | + iy gary Slay Hall OULAHI cls ar Bia gor J Loh 8
shall for the purpose of this indemnity, consttuta a single | Sica! Giiy vil J5 op dui UW opr Oe yond gl etna
Combined account and the Bank shallhave the right setof | 40, ya, coy 9 cuss pus ore
Sidon and crdk bolancos inal such secpunts and ait ana | 22 a 29 oe 3) Ql grey iS grea te
| ‘any security provided by me/us shall be available to and | lA! Al ce Asst) J | ji) Lie Lil pl LS, te igl eal) Lt
| enforceable. by the Bark to secure the entre outstanding | iis g tiny Reilly ao Wha phe Of my Rinne ly Adee
balance due to the Bank at any time in the said single ae
combined account 7 we also accept lability for any residual 2
tality tat may remain oustanding after the Bank exercised
its right of set-off and its right to enforce any security held, YAM aH op le pl sue galeas! Wh Splasy Lie wigs 5
1 Ls Hf gala gh ISLE 3) Spel asl oa! 9 Aa
'5. | Jwe hereby confirm that in fst demand by the Bank, | we |“! E ae
shell depest cash pledge assets or property or. hor | gh a 3 Hel UY QUA ot 9h op gt eid Sh Ua
security acceptable tothe Bank to cover ar BL) ony WA la ein JRE Sr
contingent and oF unmatured labiltes 28 |
Indemnity for Guarantee Timers ¥ Pager ots
    
  
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’be deemed necessary atthe sole discretion of the Bank
 
Wwe irevocably and unconditionally authorise the Bank to pay
Immediately upto the Bank's maximum labilly under the
Guarantee, any amount ciaimea by Beneficiary from the Bank
Under the’ Guarantee without any reference to or further
‘authority from metus and without any responsibly or duty in the
Banks part to enquire whethor euch claim is property made,
otwthstanding that the valilty of such claim may be
ingispute
 
\Ywe confirm that any payment made by the Bank pursuant toa
céaim which purports to be in accordance with the Guarante
shall be binding on metus and statement signed by the Bank
Confiming any payment thus made will be accepted by me/ us
as conclusive evidence of the Bank's settiement of i labity
Under the Guarantee,
 
 
‘Any steps taken by the Bank in good faith connection with the
Guarantee shall be binding on me! us and shell not place the
Bank under any liabilty to me/us,
Uwe accept that the Bank may at any time without reference to
‘me/us determine the Guarantee or reduce Its labitly
thereunder.
Any sums due from me/ us to the Bank under this indemnity
shall be made without any set-off, counter-caim, withholding
or condition of any kind except that if|/ we are compelled by
law to make such withholding, the sum paid to the Bank shall
be increased so thal the actual amount received by the Bank
will be the amount it would have received if tere had been no
withnolding
‘Any sums due under this indemnity shall be settled by me! us
in the currency in which the Bank effects payment against the
Beneficary’s claim under the Guarantee. If for this purpose
iwe are required to make payment ina foreign currency. 1/ we
‘uthorse the Bank to apply the Bank's rate of exchange
applicable to such foreign currency prevaling on the date the
‘payment is made, in oder to ative at the amount that should
bbe debited in the local currency to my/ our account in
settlement
|Lfwe accopt that no delay, forbearance or omission by the
Bank in exercising its rights, powers and privleges under this
indemnity shell operate 2s @ waiver thereof, nor shall the
Bank's freedom to exercise all of its rights, powers and
privileges be impaired by any single or partial exercse thereot.
we confirm that this indemnity and all its terms and
‘conditions shall
a) Be binding on me J us notwithstanding any merger,
reconstruction or change in constitution, owmership of
management
'b) Be in addition to and independent from all my / our other
‘current o future obsgations to the Bank
©) Be freely assignable by the Bank without requiring my
Tour consent.
4) not be assignable by mefus without the prior retum
‘consent ofthe Bank
‘Any claim on me! us under this indemnity shall be deemed to
have been sufficient made if executed under the signature of
an authorised signatory of the Bank or by any other person
‘empowered by the Bank to do so and shall be duly served if
‘ispatched by registered post to my/ our postal address as
‘appearing in the racords ofthe Bank.
Wwe agree thet my four labilty to the
indemnity shall remain outstanding until
‘calendar month after the Beneficiary retu
 
 
 
 
 
TES IS iy AT IF FETT SRT ST GS
tl eg laa al Uy SL oe pa AN lal leh
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EP ah MI Jan OF 0989 Lal oe hea gh Sle
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6 gly yee a Eo ll all pe ce
EAB aay Le gl lll Sh peg ly call
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Indemnity for Guarantee
 
G,
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241 Omani
 
povbor 3 suauh2
  
    
 
    
 
Page 2 of 32
 
 
the Bank for cancelation, or as per the siated claim expiry
peried in the Guarantee, or in the event that the Guarantee
has been lost or destroyed or otherwise unavailable for return
to the Bank, until the expiry of one calendar month after the
Bank receives written confirmation from the Beneficiary that
the Bank has been released from its obligations under the
Guarantee.
 
 
16. hve hereby warrant that as of the date ofthis indemnity, vwe
‘ami are soNvent and have not ceased to make payments
towards setioment of mylour debts for the purposes of Article
£609 of Royal Decree 55/90
47. Uwe hereby warrant that the execution of this indemnity And
the performance of my /our obligations thereunder are fully
‘within myfour authorty and are validity created and legal
binding on me /us and do not contravene any other of mylour
legal or contractual obligations.
48. | we confiem that each of the clauses and provisions of this
indemnity are severable, and the invaliity, unenforceebilty or
ilegalty any one or more of such clauses and provisions
‘shall have no effect on the validity, enforceabilty or legality of
the remaining clauses and provisions.
40. In the event this indemnity is signed jointly by more than one
person in their individual capacty, then we the undersigned
hereby accept joint and ‘several responsibilities for all
covenants, obligations and labilties under this indemnity 2s
well as joint and several Fabilties to pay to the Bank any
‘amounts that may become due under this indemnity. We also
‘confirm that our joint and several, fablity under this indemnity
shall extend to and be binding on our legal and personal
representatives, heirs and successors, Where this indemnity is
signed by an individual in @ personal capacity. | confirm that all
my liabiities under this indemnity shall extend to and be
binding on my legal and personal representative heirs and
 
 
  
20, we confirm that this indemnity shall be governed by and
construed in accordance with the laws of the Sultanate of
‘Oman, as long as its notin contradiction with Sharia Law and
lwo irrevocably submit to the jurisdiction of the Commercial
Court or any successor body thereto subject to the Bank's
fight to take proceeding in the courts of any other country oF
Jursdicion of is chote and in such even, we hereby by
‘agree to submit to such other court or jurisdiction.
 
 
Sah ay a oe ea
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Gad le A es oe US| SES! fy AAU LIA guia!
55/90 oy gl exe cr 609 sal pia wl itl ae
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ee
Pu Le LAL ASAI, aid oda oo JS Ob spa Lie Wig! 18
Jey GW pe FLUE AL pF ye cue Dy Syn WO
BBO 5 he Ge FGI LOS ASEM al ole oo 1
3 pS Sal
 
 
hans cana ly ant oe 1S oe call Ur gg Ue gy -19
GE pity BEA gD old J Sal cad A WY AeA
‘Sap l f iS pap Wy Sap Syl SL, cyt
US Uy Mine a we hal et OY acl SAY
ily fate al Uh hy Sally AKO) Lean OY Lael
Pl a he ty Lley Ly y orator
Pipl by Sula ah OF AGG atl hs 2b IB or
aly iy cantly Sais Le ty ae
   
 
Us ae Ake eg ly pay Knee ay a ie ash Jaf 20
fey Y Mall gly Ape gts (Sol go pyle Y
QL ge Bly Ge IS QUA Age ghd SA ALL
ein Qy We Fl ale ak AT g SUB al Hs es Gy
aL 9 2581 od Jee le gy Ul aly gd HL
 
  
 
   
poveac sash
‘SutanaotGna
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Signature(s) gia etal
Sige by or and on behalf Sail dh ds
AL-NAHDHA BLOMANIAH Co. We
cs ie
P-0-Box 34, Pc ail
Indemnity for Guarantee
SALALAYH, S- oF-
Omawv
Page 3 of 3GUARDIAN ZOUIAL INTERNATIONAL
BUARDIAN FLdarcuase co. the
PLO Rox Sau, Ac IABRAH AL HAMA
BASAL MAMAN, UAE
BASE ory Soaeon0
Fae serir2ose0ot
[Rr | Tonpoosssooes
No.
‘haga 208 208
Date:
 
Page:
 
 
it to: wise Destination benen
 
TARR AC RAMAN EOE
Polling No.4, Way No 208, Rae a lm Dein No. 47, Wi No 2708 a
saan. , sala
Sui sauh
heme Sos. Pre 168 298584
 
‘TERMS OF PAYMENT ATTENTION TO; SANTHOSH AL NADHA
Payment in Advance
VALID TILL: Sep 22, 2023
 
TIEASE INSTRUCT YOUR BANK TO TRANSFER CASH/TO TRANSMIT L/C TO ONE OF THE FOLLOWING BANKIS)
asiiea Ban SSTANOARO CHARTERED BANK BNP PARAS
Powoxs27, Duna PLO.BOX 98, OUBA, BULDING# 1, 71H FLOOR,
Ghat AAS EMIRATES UONITED ARAB ENIRATES. EMAAR SOUARE (eer BURKHALEA)
 
[ASD Asconee ABe40S900000%049T902416
(350 Account AEt00590000010448280165
SNIFT CODE BOMLATADSOOX
Fak 1971 44207188
PHONE: sa7t-