Comfort Letter (Eng)

Download as docx, pdf, or txt
Download as docx, pdf, or txt
You are on page 1of 2

(On Parent Company's Letterhead)

[the name of the subsidiary]


……………………..
……………………..

[Date]

Comfort Letter

1. We hereby confirm that [the name of the subsidiary], registration code:


…………….; address: ………………………(the company) continues as a going
concern for at least the following 12 months from the date of this Comfort Letter.

2. [the name of the parent company] is willing to provide immediate financial support
to [the name of the subsidiary] in case of its financial difficulties provided that the
Company’s Management Board has submitted a reasoned application for that
purpose and, if necessary, invest additional funds essential to ensure that the [the
name of the subsidiary] will continue as a going concern.

3. We hereby confirm that [the name of the parent company] as the shareholder of [the
name of the subsidiary] will adopt a resolution on measures necessary for ensuring
that the equity of [the name of the subsidiary] will be in accordance with the
Estonian Commercial Code no later than by the approval of the Annual Report for
20XX.

On behalf of [the name of the parent company]

[Signature]

[the name of the parent company’s authorised representative]


Member of the Management Board

I have received the Comfort Letter:

[Signature]
[the name of the Member of the Management Board of the subsidiary]
[the name of the subsidiary]
[Date:]

You might also like