Examples of 'comfort letters' in a sentence

Meaning of "comfort letters"

comfort letters: Comfort letters are documents issued by a company to provide assurance or support to another party, usually regarding financial transactions or obligations. These letters are often used in business contexts to confirm the company's commitment or intention to fulfill certain responsibilities or agreements
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  • plural of comfort letter

How to use "comfort letters" in a sentence

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comfort letters
The comfort letters it issues see para.
Less onerous procedural formalities apply to comfort letters.
In such cases comfort letters are sent.
Comfort letters are perceived as being no satisfactory basis for the industry.
The advantages and disadvantages of comfort letters can be summarised as follows.
The comfort letters mentioned above can be divided up into two groups.
After checking the bank comfort letters we are left with three bids.
Comfort letters carry considerable authority although they do not provide complete legal certainty.
Companies can reasonably rely upon comfort letters for several reasons.
Comfort letters for two standby letters of credit issued by CGD.
The first concerns the effect of Commission comfort letters.
Comfort letters for a loan granted by BCP.
The Commission closed the proceedings it had initiated by sending comfort letters to the associationsconcerned.
Comfort letters for two standby letters of credit issued by Caixa Geral de Depósitos CGD.
The IMF provides the respective figures to the Commission in monthly comfort letters.

See also

Comfort letters do not provide a satisfactory solution ;.
Portugal notes that EMPORDEF never charged ENVC for the comfort letters.
Comfort letters for investors in the context of the issuance of an undertaking 's securities ;.
Thank you for reading CFI 's guide to comfort letters.
Comfort letters provide nothing more than an initial response, or rather a general pointer.
Loans are outstanding, or if Deceuninck NV would issue comfort letters to support.
The papers include 548 such comfort letters signed off by Luxembourg.
In any event, Portugal acknowledges that EMPORDEF never charged ENVC for the comfort letters.
It is recommended to obtain legal opinions and comfort letters from the statutory auditors D. 3.2.2.

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Examples of using Letters
Here are the letters you got in prison
Letters are also imprinted on the digit keys
Not when those letters all went unanswered
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Examples of using Comfort
My only comfort now is the thought of revenge
I will see to your comfort and security
Take comfort from knowing its intent
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