【正文】
nafter called “the purchaser”)hereby irrevocably undertake to pay the sum of ________(say__________ only)representing _____percent of the Bid value within ____ working days upon receipt of its written demand statement notification stating that: Bidder has withdrawn his bid during the period of Bid validity specified by the Bidder on the Bid form。or Bidder ,having been notified of the acceptance of it39。s Bid by the purchaser during the of Bid validity specified by the Bidder on the Bid form: * Failed or refused to enter into a contract with you when requested, or * Failed or refused to establish a performance bond within ______calendar days after the effective date of contract.......For the purpose of identification, the Purchaser should present above mentioned documents for payment through the intermediary of a first rate bank confirming that the signatures are legally binding upon the , in this respect, such bank will make use of tested telex, swift or tested cable, it will have to transmit in any case with full wording of the Purchaser39。s request for payment, and of the Purchaser39。s writt