Or such later time

CDCS2009 · Post by **CDCS2009** » Wed Jan 05, 2011 9:03 pm

URDG 758 article 4C

The beneficiary may present a demand from the time of issue of the guarantee or such later time or event as the guarantee provides.

could you please explain me [or such later time]

thanks for your help

shahriar · Post by **shahriar** » Fri Jan 14, 2011 9:19 pm

i think we should read it like "or such later time or event ". this means any later time (for example any time after shipment etc.) or event (for example if unpaid by the applicant etc.)

hope that helps

leekaiyin55 · Post by **leekaiyin55** » Thu Mar 15, 2012 1:15 pm

Dear Friends,

In my opinion, the complete meaning should read as "Or such later time or event as the guarantee provides". For example, BG allows claim to be made only after xx.xxx.2012 or the breach of contract by BG applicant.

Thank you.