Changes

(2) Pursuant to the terms of the [Shipbuilding] Contract, you are entitled, upon your rejection of the Vessel in accordance with the terms of the Contract, your termination, cancellation or rescission of the Contract… to repayment of the pre-delivery instalments of the Contract Price paid by you prior to such termination… and the value of the Buyer’s Supplies delivered to the Shipyard (if any), together with interest…

(3) In consideration of your agreement to make the pre-delivery instalments under the Contract…, we hereby, as primary obligor, irrevocably and unconditionally undertake to pay to you, your successors and assigns, on your first written demand, all such sums due to you under the Contract… PROVIDED THAT the total amount recoverable by you under this Bond shall not exceed US$[26,640,000]…”