PARTY_2_NAME
PARTY_2_ADDRESS_SINGLE_LINE
To: PARTY_1_NAME
PARTY_1_ADDRESS_MULTI_LINE
Dated: 26 December 2024
Dear Sirs / Madams,
Letter of Undertaking - Undertaking to fulfil certain terms and conditions
In consideration of the PROJECT, I, PARTY_2_NAME (the "Promisee"), hereby undertake to comply with and observe all of the following terms and conditions (“Terms and Conditions”):
I shall carry out the Project in compliance with all existing and future terms and conditions as may be issued by the PARTY_1_NAME from time to time in relation to the Project.
I shall notify the PARTY_1_NAME in writing details of any material changes of the information or regarding the Project including without limitation any changes to the Project's plan and budget, and provide such further information concerning such changes as the PARTY_1_NAME may request.
In the event the Project is terminated for whatever reasons, I shall notify the PARTY_1_NAME in writing immediately to explain the reasons for the termination.
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