☐ Counterguarantee (guarantee to guarantee institutions

The granting of the guarantee occurred only because the State had protected the economic unit (i.e. the group) granting the guarantee from any negative consequence (by granting a counter guarantee).

This counter guarantee was granted in successive contracts.

for extension or payment of a bond, financial guarantee or indemnity of whatever form

'cross-guarantee scheme' means a scheme that meets all the following conditions

a claim for extension or payment of a bond, financial guarantee or indemnity of whatever form

a claim for extension or payment of a bond, financial guarantee or indemnity of whatever form

a claim for extension or payment of a bond, financial guarantee or indemnity of whatever form

a claim for extension or payment of a bond, financial guarantee or indemnity of whatever form

a claim for extension or payment of a bond, financial guarantee or indemnity of whatever form

a claim for extension or payment of a bond, financial guarantee or indemnity of whatever form

a claim for extension or payment of a bond, financial guarantee or indemnity of whatever form

In the case of a demand under a counter-guarantee, the beneficiary of the counter-guarantee has made payment in bad faith as guarantor/issuer of the undertaking to which the counter-guarantee relates.

the counter-guarantee covers all credit risk elements of the claim

a claim for extension or payment of a bond, financial guarantee or indemnity of whatever form