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1 United Nations Convention on Independent Guarantees and Stand-by Letters of Credit [i] (1995)

handle is hein.unl/igslc0001 and id is 1 raw text is: UNITED NATIONS CONVENTION ON INDEPENDENT
GUARANTEES AND STAND-BY LETTERS OF CREDIT
CONTENTS
CHAPTER I. SCOPE OF APPLICATION
Article 1. Scope of application
Article 2. Undertaking
Article 3. Independence of undertaking
Article 4. Internationality of undertaking
CHAPTER II. INTERPRETATION
Article 5. Principles of interpretation
Article 6. Definitions
CHAPTER III. FORM AND CONTENT OF UNDERTAKING
Article 7. Issuance, form and irrevocability of undertaking
Article 8. Amendment
Article 9. Transfer of beneficiary's right to demand payment
Article 10. Assignment of proceeds