Common use of We ( Clause in Contracts

We (. Bank having office at............................................ (hereinafter referred to as "the Bank" which expression shall includes its successors and assigns) at the request and on behalf of "the supplier" hereby agree to pay to "the Corporation" without any demur on first demand an amount not exceeding Rs (Rupees ...................................... only) against any loss or damage, costs, charges and expenses caused to or suffered by "the Corporation" by reason of non performance and fulfilment or for any breach on the part of "the supplier" of any of the terms and conditions of the said "order".

We (. Bank Bank, having office atat ………............................................ (hereinafter referred to as "the Bank" which expression shall includes include its successors and assigns) at the request and on behalf of "the supplierSupplier" hereby agree to pay to "the Corporation" without any demur on first demand an amount not exceeding Rs Rs........... (Rupees ...................................... ............................. only) against any loss or damage, costs, charges and expenses caused to or suffered by "the Corporation" by reason of non non-performance and fulfilment or for any breach on the part of "the supplierSupplier" of any of the terms and conditions of the said "orderOrder".