Comfort Letter (Eng)
Comfort Letter (Eng)
Comfort Letter (Eng)
[Date]
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.
[Signature]
[Signature]
[the name of the Member of the Management Board of the subsidiary]
[the name of the subsidiary]
[Date:]