TNB BG

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The document appears to be a bank guarantee provided by a bank to Tenaga Nasional Berhad (TNB) to guarantee payment by Tropicana Golf & Country Resort Berhad if it fails to transfer a substation site to TNB after TNB incurs expenses to install equipment for electricity supply.

The bank guarantee is provided to guarantee payment by Tropicana Golf & Country Resort Berhad to TNB of up to RM20,000 if Tropicana fails to transfer the substation site to TNB after TNB incurs expenses to install equipment for electricity supply.

The bank guarantee is valid for one year from an unspecified start date and will be automatically renewed each year by the bank upon request by Tropicana until the substation site is registered under TNB's name.

TNB Ref : TNB(B)SELA/PK(PJY)17/2/PJY4434

To :

Tenaga Nasional Berhad

Jabatan Perkhidmatan Harta

129, Jalan Bangsar, 59200 Kuala Lumpur.

BANK GUARANTEE
In consideration of Tenaga Nasional Berhad of 129 , Jalan Bangsar,
59200 Kuala Lumpur (hereinafter referred to as the Company )
agreed to provide electricity supply to Tropicana Golf & Country
Resort Bhd ( hereinafter reffered to as the Consumer)for the
consumers CADANGAN PEMBANGUNAN 4 BLOK PANGSAPURI 328
UNIT DI ATAS 4 TINGKAT PODIUM TEMPAT LETAK KERETA SERTA
KOLAM RENANG,REKREASI DAN KEMUDAHAN PENDUDUK DI ATAS
LOT P.T.31324,MUKIM SUNGAI BULOH, DAERAH PETALING ,
SELANGOR DARUL EHSAN UNTUK TETUAN TROPICANA GOLF &
COUNTRY RESORT BHD (BLOCK B)
We
.
Of
( hereinafter referred to as the Bank
) hereby guarantees the payment to the Company by the
consumer of such sums of money not exceedingthe aggregate sum
of MR20,000.00 (Malaysia Ringgit Twenty Thousand Only ) which
may at any time or times be claimend by the Company against
the Consumer of damages in the event the Consumer falling to
transfer to the Company the substation site after the Company
has incurred expenditure in providing and installing all the
necessary materials in the substation building for the supply of such
electricity.

NOW THE BANK HEREBY AGREED AND DECLARED AS


FOLLOW :-
1. This guarantee shall be valid for one
(1) year from

..................to
. .and will be renewed by the Bank upon request by
the Consumer from year to year until such time as transfer for the
substation site reffered to above is registered in the name of the
Company.
TNB Ref : TNB(B)SELA/PK(PJY)17/2/PJY4434

To :
Tenaga Nasional Berhad
Jabatan Perkhidmatan Harta
129, Jalan Bangsar
59200 Kuala Lumpur

BANK GUARANTEE

In consideration of Tenaga Nasional Berhad of 129, Jalan Bangsar, 59200


Kuala Lumpur ( hereinafter referred to as the Company ) agreed to
provide electricity supply to Tropicana Golf & Country Resort Berhad
Hereinafer referred to as ( the Consumer ) for the consumers
CADANGAN PEMBANGUNAN 4 BLOK PANGSAPURI 328 UNIT DI ATAS 4
TINGKAT PODIUM TEMPAT LETAK KERETA SERTA KOLAM RENANG,
REKREASI DAN KEMUDAHAN PENDUDUK DI ATAS LOT P.T. 31324,
MUKIM SUNGAI BULOH, DAERAH PETALING, SELANGOR DARUL EHSAN
UNTUK TETUAN TROPICANA GOLF & COUNTRY RESORT BERHAD (BLOCK
B)
We

Of
.
(hereinafter referred to as the Bank) hereby guarantee the payment
to the Company by the customer of such sums of money not exceeding
the aggregate sum of RM20,000.00 (Malaysia Ringgit Twenty Thousand
only ) whish may at any time or times be claimed by the Company
against the Consumer for damages in the event the Consumer falling
to transfer to the Company the substation site after the Company has
incurred expenditure in providing and installing all the necessary
materials in the substation building for the supply of such electricity.
NOW THE BANK HEREBY AGREED AND DECLARED AS FOLLOW :-
1. This guarantee shall be valid for one (1) year from.
toand
will be renewed by the Bank upon by the Consumer from year
to year until such
time as a transfer for the substation site referred to above
is registered in the
name of the Company.
2. This guarantee is a continuing within the limits aforesaid as to
time and amount.
3. Notice in writing of any claims by the Company against the
Consumer will be given
by the Company to the Bank and within seven (7) days from
the date of receipt
of such notice payment shall forthwith be made by the Bank of
the Company of all
sum due under this guarantee.
4. With reference to the right and liability of the parties and
stipulated period
hereinstated this guarantee shall not be effected or
prejudiced by the Company
granting time or any other indulgence to the Consumers
or by any change
whatsoever in the constitution of the Consumer or by the
consumers liquidation or
winding up.

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