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Commitment Letter Agreement

November 23, 2011 by agri in General agreements with 0 Comments
The commitment letter agreement is a binding contract made between two parties, where both parties can be organizations offering different products or service or between an organization and an individual as well. Most common commitment letter agreements are made between organizations and banks.

You can Download the Free Commitment Letter Agreement customize it according to your needs and Print. Commitment Letter Agreement is either in MS Word, Excel or in PDF.

Sample commitment letter agreement

Commercialization Agreement

Download this USA Attorney made Original Agreement for only $9.99

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This agreement is made between Company and Bank on the effective date of 18th November, 2011.

Company represented by

Mr. Jack Daniels

JP Coleman

Address: 8 Warren Street, York ME 03909

Contact number: (207) 351-3100

Bank represented by:

Mr. Timothy Smith

First National

Address: 35 Millay Road, Camden ME 04843

Contact number: (207) 236-4404

Terms and Conditions:

  • First National Bank has created the following terms and conditions as mentioned in the Commitment Letter Agreement to “JP Coleman”. According to the terms and conditions First National Bank will arrange for and underwrite the credit facilities for a maximum of US$400 million, which will be provided to “JP Coleman” (the “Company”).
  • “JP Coleman” will appoint the First National Bank as the Coordinating Lead Arranger for acting exclusively as the underwriters of the mentioned “Facilities” based on the various terms and conditions set out in this Commitment Letter Agreement.
  • “JP Coleman” agrees that they will not appoint any other bank or financial institution to arrange for or underwrite the Facilities mentioned in this agreement or manages the financing of the mentioned Project during the period of this agreement.
  • “JP Coleman” should be willing to undertake any action to fulfill the requests of “First National Bank” or the coordinating lead arranger and assist the bank in effectively syndicating the Project Facilities mentioned in the Commitment Letter Agreement for a period of 2 years.

IN WITNESS WHEREOF, the parties “Company” and “Bank” have executed this Commitment Letter agreement as on the date set forth which is 11/18/2011 (MM/DD/YY).

SIGNED FOR AND ON BEHALF OF COMPANY BY:

…………………………………………………………….

Name:

SIGNED FOR AND ON BEHALF OF BANK BY:

…………………………………………………………….

Name:


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