'guarantee on demand' means a guarantee that must be honoured by the guarantor upon counterpart's demand, notwithstanding any deficiencies in the enforceability of the underlying obligation;
„jamstvo na zahtevo“ pomeni jamstvo, ki ga mora izdajatelj jamstva na zahtevo partnerja izpolniti, ne glede na morebitne pomanjkljivosti v izvršljivosti osnovne obveznosti;