She wrote a letter of comfort
to young leukaemia sufferer Fabian Bates, who she met on a visit to the Royal Marsden hospital in Chelsea, West London.
In the case of participation in this process by a special purpose vehicle, the bank guarantee must be supplemented by a letter of comfort
issued by the shareholders of Newco containing the promise art.
The project has received a Letter of Comfort
from the British Film Institute regarding its probable eligibility for a 25% rebate on its production costs there.
In issuing a letter of comfort
, the person signifies its willingness and commitment to support the firm in case of unforeseen contingencies that may affect its ability to maintain adequate capital and liquidity levels to meet its obligations and regulatory requirements," the QFCRA said.
letter of comfort
- requirements for significant controller shareholders crossing a 49% or 74% shareholding threshold to provide a 'letter of comfort
' to the QFC Regulatory Authority; confirming the shareholders' capability and willingness to support the firm;
Provides Central a letter of comfort
for financial accommodation of up to $1m
According to the joint reply, "Necessary letter of comfort
by the Ministry of Finance will be issued to the Banks for increased cost of production (From about Rs.
SIR - In his pre-Christmas letter of comfort
and joy (Dec 22) Mr Terry Banfield finds it "rather worrying that grown men believe in the virgin birth".
The government found some relief in the International Monetary Fund's issue to Swaziland of a $i45m letter of comfort
that enabled the country to borrow funds from international institutions, although the president of the Federation of the Swazi Business Community, Henry du Pont, warns it could presage more trouble, "With the lack of accountability that we're seeing, the letter of comfort
could mean a step forward and five steps backwards," he says.
The release of IMF tranche would also help restore the confidence of the World Bank and Asian Development Bank (ADB) as both the lending agencies require Pakistan to get Letter of Comfort
from IMF for obtaining any new loan.
This is materially superior to Weather's bid, which is only a Bridge Facility, conditional upon a letter of comfort
and then for just a EUR124.
The Algosaibi Group formalised this commitment through a letter of comfort
to TIBC and offered support through capital injections available on several occasions.