ACCOUNT_JOB_COMPANY

ACCOUNT_ADDRESS_SINGLE_LINE

Letter of Comfort

To: LENDER 
LENDER_ADDRESS

28 April 2024

Dear Sirs/Madams, 

We refer to the agreement dated AGREEMENT_DATE (the "Loan Agreement") made between us (the "Lender") and BORROWER (the "Borrower").

We confirm and acknowledge that:

(a) we are the legal and beneficial owner of PERCENT per cent of the total issued shares of the Borrower and we do not intend to reduce or dispose of our shareholding in the Borrower during the term of the Loan Agreement; 

(b) our ownership and participation in the management of the Borrower has influenced the Lender's decision to enter into the Loan Agreement; 

(c) are aware of all facilities which are made or to be made available to the Borrower by the Lender, from time to time (the “Facilities”); 

(d) we have reviewed the Loan Agreement and are familiar with its terms; and

(e) will do whatever is necessary in order to ensure the payment by the Borrower of all indebtedness arising under the Facilities or any new or additional facilities which may be made available after the date of this letter by the Lender to the Borrower.

In consideration of the Lender entering into and acting under the Loan Agreement, we undertake:

(a) to continue in our policy of influencing our affiliate companies (including the Borrower) in such a way that they shall at all times meet their obligations towards their lenders and other creditors and to provide all assistance (including monetary assistance) and supervision to ensure such obligations are met promptly; and

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