In order to secure the payment for TW-Goods delivered, services rendered and additional cost which might be advanced by Tally Weljl and any other claim of Tally Wel]1 hereunder, the Franchisee shall deposit prior to the opening of every Tally Wel]1 Store an autonomous, not accessory bank guarantee Issued by a first class bank acknowledged as such either In the Territory, in the European Union or in Switzerland with a text In accordance with Annex 8 hereto. Such bank guarantee shall be effective for the duration of the present Agreement plus 6 months or for the duration 0: the opening of the last TW-Store In the Territory plus 6 months in the event that such duration supersedes the duration of the present Agreement. The Franchisee shall cause the Issuance of this bank guarantee for an amount of EVA 75'000 for every TW-Slore.