UCI CYCLING REGULATIONS  2.17.023 The National Federation shall call up the bank guarantee in favour of the creditor  specified in article 2.17.018 except where there are clearly no grounds for the claim. The  UCI Continental team or UCI women’s continental team shall be notified of the creditor's  claim and the call on the guarantee.  2.17.024 The actual payment to the creditor shall not take place until one month after the calling  up of the guarantee. If, in the interim, the UCI continental team raises a reasonably  justifiable objection to the payment of the money to the creditor, the National Federation  shall pay the sum at issue into a special account and shall subsequently distribute it in  accordance with any agreement reached between the parties or according to an  enforceable legal decision.  2.17.025 If the creditor has not introduced his claim against the team representative before the  body designated in his contract or the body which he regards as competent on some  other basis during the three months following the date of his call on the guarantee, the  team representative may apply to the National Federation to have the blocked funds  released in his favour.  2.17.025 Any creditor having called-up the bank guarantee shall keep the National Federation  bis informed of all follow-up action and proceedings initiated before the competent decision- making body. If the creditor fails to provide the National Federation with information  regarding the status of proceedings before the competent decision-making body during  a period of three years as from blocking of the funds by the National Federation or as  from the last notification from the creditor, the UCI shall release the funds in favour of  the team representative after having deducted any amounts due to the UCI or the  National Federation in accordance with article 2.17.023 to 2.17.026.  2.17.026 If the debt submitted exceeds a sum equal to 15 percent of the annual contractual  benefits, only a total amount corresponding to 15 percent of the annual contractual  benefits shall be paid out in the first instance, provided that the conditions of payment  are fulfilled. The acknowledged balance of the debt may be paid from the global  guarantee on condition that the latter would not be exhausted at the end of its period of  validity. In the event that there are several creditors, the available balance of the  guarantee will be allocated proportionally between them.  (text modified on 1.07.09).  (article introduced on 1.01.18).  The funds shall be released should the creditor fail to take proceedings within one month  of the despatch of notice by the National Federation or to submit proof of such  proceedings within the following fifteen days. Should the body before which proceedings  are taken declare itself not competent to rule, the creditor shall resubmit his claim within  one month of being informed of the decision.  Failing this the team representative may apply to the National Federation to have the  blocked funds released in his favour. The funds shall be released should the creditor fail  to take further proceedings within one month of the despatch of notice by the National  Federation or to submit proof of such proceedings within the following fifteen days.  The National Federation may set an appropriate indemnity for any call on the guarantee.  Calling up the bank guarantee  E170421  ROAD RACES  278 