LETTER OF DECLARATION AND UNDERTAKING
Place: Mumbai
Date:
The XYZ Finance Company Ltd.,
....................
____________.
Mumbai
Dear Sirs,
Re: M/s. ABC Power Generation Company Ltd.,
Re: Foreign Currency Loan of US$____________..million equivalent to Rs____________..crore Sanctioned to the Company.
With reference to the Foreign Currency Loan of US$____________..million equivalent to Rs ____________..crore granted to us, we hereby give the following declarations and undertakings:
(i) We have disclosed all facts relating to our property viz., land, buildings, plant and machinery to WS XYZ & Co. Solicitors & Advocates of The XYZ Finance Company Limited and made available to him all the documents and title deeds in our possession and power.
(ii) We hereby undertake to complete the regular mortgage transaction for the Foreign Currency Loan of US $ million equivalent to Rs . ____________..crore