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This document provides pro forma templates for Parent Company Guarantees and Performance Bonds for use with the NEC3 Supply Contract related to the supply of 11KV Ring Main Units for Apollo 11KV breaker replacement by Eskom Holdings SOC Ltd. It outlines the requirements for bonding and guarantees, including liability conditions and the roles of the Purchaser, Supplier, and Bank.
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01
Gather the necessary financial documents and data for the pro forma guarantee.
02
Identify the parties involved in the guarantee agreement.
03
Clearly outline the terms and conditions of the guarantee, including the amount covered.
04
Complete the C13 form with the required information, ensuring accuracy.
05
Include any supporting documentation, such as financial statements or credit reports.
06
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07
Submit the C13 pro forma guarantee to the relevant authority or financial institution.

Who needs c13 pro forma guarantees?

01
Businesses seeking loans or financing that require a form of security.
02
Investors looking to assess the financial health of a project or company.
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Lenders needing assurance of repayment from borrowers.
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Stakeholders involved in investment or contractual agreements that require guarantees.
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C13 pro forma guarantees are financial documents that outline the projected financial performance and collateral requirements for certain loan agreements or financial transactions.
Entities or individuals seeking financing or loan guarantees from lenders may be required to file c13 pro forma guarantees as part of their application process.
To fill out c13 pro forma guarantees, applicants must provide detailed information about their financial projections, collateral offered, and relevant business or personal financial data as specified by the lender.
The purpose of c13 pro forma guarantees is to assess the financial viability of the borrower and to mitigate the lender's risk by ensuring that sufficient collateral is provided.
Information that must be reported includes projected income statements, cash flow projections, details on collateral, and any relevant financial metrics or ratios that support the projections.
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