DENA BANK [RESTA oxy BRANCH ao Stet - ere (esr) Makhija Bhawan, Raipur Re 492001 wi..0771-2220453 | Distt Rafpur (CG) Dated :20.02.2019 i oD aan Ass [PF Ee or DENA BANK, JAWHARANAGAR DB/JWN/DB/098A/2018-19 To, The Director (AS-1) Department of Telecommunications Sanchar Bhawan New Delhi-110001 Dear Sir, Re: Issue of One (1) Bank Guarantee at the request of M/s Foxtel Telecommunications Private Limited. This is to inform you that we have issue One Bank Guarantee on 20.02.2019 details given below. Applicant Beneficiary Bank Guarantee No Amount Mis Foxtel The President of 0748819IGFINOOO1 Rs.1 Lakh (Rs. Telecommun | India acting through | dt.20.02.2019 One Lakh only) ications Department of Valid till 19.02.2020 Private telecommunication Limited “The ber jaries of this Guarantee should, in their own interest, verify the genui guarantee by directly writing to our Controlling /Regional Office. The address of controlling / Regional Office is furnished hereunder: ‘The ZONAL MANAGER Dena Bank Zor Behind LIC Buil Pandri Raipur-492001 Phone-0771-2229563, 2229587,2533008(Fax) This is for your information and record. (Copy Enclosed herewith). Thanking you, Yours faithfully CC: 1. The Zonal Manager,Dena Bank, Zan! Ofice, LIC Building, Pandri Raipur (C.G) 2. M/s Foxtel Telecommunications Private Limited, Raipur(CG) "de Red cara aT Fara Hea et" §-Fa — raipur(@denabank.co.in, 31G.UF. TA AI(IFSC) FS-BKDNOS20188, aR - www.denabank.co.iBG NUMBER018819IGFIN0001 VALID FROM 2 FINANCIAL BANK GUARANTEE To The President of India In consideration of the President of India (hereinafter referred to as ‘the Authority’) having agreed to grant a Unified License (VNO) with Service authorization for ACCESS SERVICE CATEGORY 'B’ Service under Chapter(s) XVII OF PART-II for RaipurService Area of the said Unified License (VNO) to Mis Foxtel Telecommunication Pvt. Ltd. of B-13, Gurunanak Market, RDA Building, ShardaChowk, Raipur, Chhattisgarh (hereinafter called ‘the Licensee’) to establish, maintain and operate the authorized service(s) (hereinafter called ‘the Service’) in the Service Area as per Letter of Intent! Unified License (VNO) No. 20- 1804/2019 AS-1 dated 04/02/2019(hereinatter called ‘the said License’) on the terms and conditions contained in the said Unified License(VNO), which inter-alia provides, for production of a Bank Guarantee to the extent of Rs.100,000/- (Rs ONE LAKH ONLY) under the said License by way of security for payment of the said License fee as well as such other fees or charges required to be paid by the Licensee under the License. We Dena Bank Address MakhijaBhawanJawahar Nagar Raipur Chhattisgarh IFSC Code BKDNO820188 Branch Code 0188 (hereinafter referred to as ‘the Bank’) at the request of the Licensee hereby irrevocably and unconditionally guarantee to the Authority that the Licensee shall pay all the dues, including but nat limited to, the License fee etc. to the Authority. 2. We, the Bank, hereby undertake to pay the Authority an amount not exceeding Rs100,000/- (Rupees ONE LAKH only) against any loss or damage caused to or suffered or would be caussd to or suffered by the Authority by reason of Page { of 4EE SHES ST INDIAS: 22 ie SBA ANON JUDICIAL: fa e “torextend the validity e'gua a b uarantee in lieu of existing one in terms of the License Agreement, pay alll the TEpAaLHEEAIBHEESIE28 Res and charges or any part thereof within the perlodS 48188 ‘stipulated in the License. Z \ (8. We, the Bank, hereby further undertake to pay as primary obligor and not @> _Mefély as surety to pay such sum not exceeding Rs100,000/- (Rupees ONE LAKH Only) to the Authority immediately on demand and without demur stating that the ‘amount claimed is due by way of failure of the Licenseeto pay any fees or charges or any part thereof in terms of the said License. / 4, WE, THE BANK, DO HEREBY DECLARE AND AGREE that the decision of ‘the Authority as to whether Licensee has failed to pay the said License fees or any other fees or charge or any part thereof payable under the said License and as to the jamount paid to the Authority by the Bank hereunder shall be final and binding on us. (6. WE, THE BANK, DO HEREBY DECLARE AND AGREE that the (a) Guarantee herein contained shall remain in full force and effect for a period of ONE Year from the date hereof and that it shall continue to be enforceable til all the dues of the Authority and by virtue of the said License have been fully paid and its claims satisfied or discharged or tll Authority satisfies that the terms and conditions of the said License have been fully and properly carried out by the said Licensee and ‘accordingly discharged this guarantee. 4 l(b) The Authority shall have the fullest liberty without our consent and without affecting in any manner our obligations hereunder to vary any of the terms and conditions of the said License or to extend time of performance of any obligations by the said Licensee from time to time or to postpone for any time or from time to time ery of the powers exercisable by the Page 2 of 4