This template is a demand used by the beneficiary of a demand guarantee to make a demand upon the issuing bank for a payment to be made. This template includes practical guidance and drafting notes. Demand guarantees are irrevocable written undertakings issued by a guarantor, typically a bank, pursuant to the instructions of an applicant to pay money up to an amount specified in the guarantee upon presentation of a demand. The demand must have a supporting statement and documents complying with the terms and conditions set forth in the guarantee. Most demand guarantees include a clause making them subject to the Uniform Rules for Demand Guarantees 2010 Revision, ICC Publication No. 758 (URDG 758). Article 15 of URDG 758 addresses the requirements for making a demand under a guarantee, but the specific requirements for the demand are as stated in the guarantee. The capitalized terms used in this template should be conformed to the defined terms in the demand guarantee or other relevant ...