KTT /
S.W.I.F.T. BANK LETTER - APPROVED
Dated this____ day of February, l 997
To Bank:
Address:
SWIFT code:
KTT No.:
Account Name:
For Credit To:
Account No.:
Bank Officer:
Re: Investor Contract Number________________
Dear Sir: "We, ____ Bank Name /Location______ , hereby confirm
with full bank responsibility, that our account holder, ___Client name ___has assigned
Account Number_________ to our Bank that credit / funds in the amount of
______________Hundred Million United States Dollars ( US$________ ,000,000.00), are
blocked, reserved and hypothecated for the executed contract bearing the Investor Contract
Number ________in favor of , as security for credit. The credit / funds are free of liens,
without indebtedness and are good, clean, cleared and of non-criminal origin. We also
confirm that this amount is irrevocably blocked for the contract bearing the above
Investor Contract Number, for a period of one (l) year, from ___Date______ and expiring at
the end of business on ____Date_____ . This confirmation is assignable, transferable and
divisible. All communication between banks and all documents relating to this transaction
shall clearly reference the Investor Contract Number designated above, which number shall
not be altered or changed for the duration of this transaction including all extensions,
additions or rollovers."
From Bank:
Address:
Bank Officer:
Trust Name:
Trust No.:
Telex No.:
Fax No.:
Tel No.:
Authorized Bank Officer \s\ _____________________________
Name: Title:
Authorized Bank Officer \s\ _____________________________
Name: Title:
IMPORTANT NOTE TO SENDING BANK:
A VERIFICATION COPY MUST BE FAXED IMMEDIATELY AFTER TRANSMISSION
TO: (1) FUNDING PROGRAM COORDINATOR,
ATTN.: ___________________,
FAX: _____________ (2)
INVESTMENT BANKING FIRM,
ATTN.: _____________
FAX: _____________
THANK YOU
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