Mr Donaldson said: "Is one or both in possession of an OTR Comfort Letter
or a Royal Prerogative of Mercy?
KAPCO SELL-OFF PLAN FACES DELAY (RECORDER): Kapco privatization faces delay as issues of required comfort letter
for the extension of PPA and others remain unsettled.
She said discoms are taking a loan of ` 11,000 crore and this is a comfort letter
for that which is just a formality.
Financial backers and debt providers of Core Citadel Capital platform company Egyptian Refining Company have received a renewal of its comfort letter
from the Government of Egypt, signaling unwavering state backing for the strategic $3.
The News' (daily) on February 15, 2010 reported that under the comfort letter
, the government of Pakistan would allow the third country to import gas through [the] IP line in case any country in future comes to join the project, but the permission will be subject to the gas tariff and transit fee to be worked out as per best practices of that time.
The comfort letter
included a clause which prevented Sir Stelios from speaking negatively about the airline, while also preventing him from either setting up a rival airline or becoming a significant holder in another carrier.
The time lag imposes financial burdens on companies since they cannot reflect in their financial statements the changes to the Act presaged by the comfort letter
This comfort letter
included a 'mutual respect' clause which prevented Sir Stelios from speaking negatively of the airline, while also preventing him from either setting up a rival airline or becoming a significant holder in another carrier.
The government gave a comfort letter
guaranteeing that PLN would meet its obligation to the investors.
On the issue of comfort letter
, the source said as per this letter, the Government of Pakistan would have to allow a third country to import gas through IP pipeline in the event of any such country joining the project in the future.
Fayyad is seeking a so-called comfort letter
from the Washington-based international lending agency to obtain short-term private bank funding, the sources said, speaking on condition of anonymity.
Underwriters are required to obtain a comfort letter
from the accountants as part of their due diligence under the securities laws.