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*The [[beneficiary]] may make a [[demand]] under this [[guarantee]] without having first made any [[demand guarantee|demand]] or taken any legal steps against the [[obligor]] | *The [[beneficiary]] may make a [[demand]] under this [[guarantee]] without having first made any [[demand guarantee|demand]] or taken any legal steps against the [[obligor]] | ||
*The [[guarantor]] must pay the [[beneficiary]] on demand, in immediately available funds, ... |