A form of standby letter of credit that can be used for credit support, and to support a host of other obligations, in loans, insurance, and other financial transactions, in trade finance, and in commercial transactions and other contracts where it supports performance obligations. This form can be used by an issuing bank for letters of credit that are issued on a standalone basis or under a letter of credit sub-facility in a syndicated loan agreement. This Standard Document has integrated notes with important explanations and drafting tips.