Guarantee for deposit for the 1500 MHz, 2100 MHz, 2300 MHz, 3.5 GHz and 26 GHz auction
Amount DKK 175,000,000, written in Danish kroner [ ……].
Date of expiry [dd Mm] 2022 [the guarantee shall be valid for a period of at least one calendar year from the application date].
At the request of [the bidder], we hereby guarantee the Danish Government, represented by the Danish Energy Agency, irrevocably for the above amount to secure that it fulfils its obligations as bidder in accordance with its bid in the upcoming auction of frequencies in the frequency bands 1427-1517 MHz (1500 MHz band), 1920-1980 MHz and 2110-2170 MHz (2100 MHz band), 2360.0-2400.0 MHz (2300 MHz band), 3410-3800 MHz (3.5 GHz band) and 24650.0-27500.0 MHz (26 GHz band), cf. the Danish Energy Agency's decision of 22 December 2020 on the 1500 MHz, 2100 MHz, 2300 MHz, 3.5 GHz and 26 GHz auction.
Your claim(s), if any, duly made and presented to us under the guarantee, will be honoured on your first demand also stating that [the bidder] has not fulfilled its above obligations as bidder towards you.
Claims shall be honoured without any examination or other documentation of the legitimacy of the claim. Payment shall be effected within 8 days of receipt of a request.
If we have not received such claim by [dd Mm] 2022 [date of expiry] at the latest, we stand released from our liability under this guarantee.
We will reduce the guarantee maximum by any such amount as we have had to pay in order to meet your claim(s) duly made and presented under the guarantee.
When the guarantee expires, please return this document to us.
This guarantee shall be subject to Danish law and the agreed venue shall be the legal venue of the Danish Energy Agency.
[In case of foreign bankers or insurance companies:]
We the undersigned bank/insurance company agree that a judicial decision made by Danish courts shall be directly enforceable in relation to the bank/insurance company.
Date:
Signature:
[the bank / the insurance company]:
Date:
Signature:
[the licensee]:
[Documentation of the authenticity of the signatures in case of physical signatures may be provided for example by two persons other than those empowered to sign stating that the signature is authentic, by signing their name, address and position]
