Bank Guarantee or  Stand-by Letter of Credit

We, hereafter refered to as the finacial institution will meet the finacial liabilites up to
the maximum indicated below incurred by:

Last Name
First Name, Initials, Titles
Company / Institution
Street
ZIP
Country
State
Maximum in €
Auction Date/Auction Code

at the auction indicated above. When requested, the outstanding amount, up to
the maximum stated above will be paid to

Nagel Auktionen GmbH & Co. KG
Neckarstrasse 189-191
D-70190 Stuttgart

on first written demand by waiver of the plea of voidability,
offset and benefit of discussion.

This bank guarantee/Stand by letter of Credit expires
6 week after the day of the auction

Place
Date
Name
Title
Signature

 

Last update: 17.04.07