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DEED OF AGREEMENT
THIS IS AN AGREEMENT FOR A STANDBY LETTER OF CREDIT (SBLC) ISSUED BY FOR THE FACE VALUE OF XXXXX
MILLION EURO (EUR/USD XX,000,000.00) AND IS ENTERED INTO ON THIS DATE OF XXXX7, 2021 BETWEEN THE
FOLLOWING PARTIES
PARTY A
PARTY B
NAME
COMPANY REG. NO.
COUNTRY
MAILING ADDRESS
REPRESENTED BY
POSITION
PASSPORT NO.
OPERATING PHONE
OPERATING E-MAIL
WHEREAS. THE RECEIVER DESIRES TO OBTAIN WITH GOOD FUNDS OF XXXX MILLION (EURO/USD), SBLC FROM
THE PROVIDER. RECEIVER CONFIRMS WITH FULL CORPORATE AND LEGAL RESPONSIBILITY THAT THE FUNDS
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WHEREAS. THE PROVIDER DESIRES TO PROVIDE, TRANSFER AND ASSIGN ALL RIGHTS, TITLE AND INTEREST OF
THE SBLC AVAILABLE TO THE RECEIVER. PROVIDER REPRESENTS AND WARRANTS THAT IT HAS THE ABILITY
AND SOURCE AND TO ARRANGE THROUGH ASSOCIATES, CONTRACTS AND SOURCES, WITH FULL CORPORATE
RESPONSIBILITY, FINANCIAL INSTRUMENT IN THE TERM OF ASSIGNMENTS TO BE PROVIDED TO RECEIVER.
PROVIDER HEREBY DECLARES UNDER PENALTY OF PERJURY THAT THE SBLC WILL BE BACKED BY FUNDS THAT
ARE GOOD, CLEAN, CLEAR, AND FREE OF NON-CRIMINAL ORIGIN, THE SBLC WILL BE FREE AND CLEAR OF ALL
LIENS, ENCUMBRANCES AND THIRD PARTY INTERESTS.
I MR. RASMI RANJAN SAHOO AND AUTHORIZED SIGNATORY DO HEREBY CONFIRM WITH FULL LEGAL,
PERSONAL AND CORPORATE RESPONSIBILITY AND AUTHORITY, UNDER PENALTY OF PERJURY, IRREVOCABLY,
UNCONDITIONALLY THAT WE ARE READY, WILLING AND ABLE TO EXCHANGE WITH THE FOLLOWING BANK
INSTRUMENT(S), UNDER THE TERMS AND CONDITIONS DESCRIBED BELOW, WITH GOOD, CLEAN, CLEAR FUNDS
OF NON-CRIMINAL ORIGIN, FREE OF ANY LIENS OR ENCUMBRANCES WHATSOEVER.
NOW THEREFORE, THE RECEIVER HAS AGREED TO OBTAIN THE SBLC AT 56% OF FACE VALUE FOR THE
INSTRUMENT REQUESTED AND PROVIDER HAS AGREED TO TRANSFER THE SBLC TO RECEIVER AND BOTH
PARTIES HEREBY AGREE TO THE FOLLOWING TERMS STATED BELOW:
INSTRUMENT TYPE STANDBY LETTER OF CREDIT (SBLC), CASH BACKED, ICC FORMAT 600
CONTRACT AMOUNT XXX MILLION EURO /USD(X0,000,000.00
FIRST TRANCHE XXX MILLION EURO/USD (X0,000,000.00)
SUBSEQUENT TRANCHES ROLLS & EXTENTIONS
ISSUING BANK
BANK ADDRESS
SWIFT
BENEFICIARY NAME
FUNDING RATE 56% OF FACE VALUE
CONSULTANT FEE 4% OF FACE VALUE
VALIDITY ONE (1) YEAR AND ONE (1) DAY
7-10 BANKING DAYS AFTER RECEIPT, VERIFICATION &
PAYMENT SCHEDULE
AUTHENTICATION OF MT760
DELIVERY SWIFT MT760 & ORIGINAL HARD COPY BY BANK BONDED COURIER
MT103 OR BANK WIRE – AFTER VERIFICATION AND AUTHENTICATION
PAYMENT MODE
OF MT760
TRANSACTION PROCEDURE:
A. PARTY A AND PARTY B SIGN AND SEAL THIS DEED OF AGREEMENT (DOA) WHICH SHALL BECOME A FORMAL
AND ENFORCEABLE AGREEMENT BETWEEN BOTH PARTIES.
B. AFTER DOA SIGNED, THE PROVIDER INSTRUCTS TO ISSUING BANK TO SENDS THE PRE- ADVICE MT799 TO THE
RECEIVING BANK.
C. AFTER RECEIVING PRE- ADVICE MT799 FROM THE ISSUING BANK, THE RECEIVING BANK THEN ISSUES BPU
MT799 TO THE ISSUING BANK.
D. AFTER RECEIVING BPU MT799 FROM THE RECEIVING BANK, THE ISSUING BANK THEN ISSUES SBLC/BG MT760
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A. AFTER SUCCESSFUL RECEIPT, AUTHENTICATION AND VERIFICATION OF MT-760 BY THE RECEIVING BANK,
WITHIN 7-10 BANKING DAYS, THE PARTY A FULFILLS THE CONTRACTUAL PAYMENT BY IRREVOCABLE DRAW DOWN
IN THE AMOUNT OF € EURO EQUAL TO 56 % OF THE FACE VALUE OF THE SBLC TO PARTY B’S DESIGNATED
BENEFICIARY BANK ACCOUNT. AND 4 % TO ALL INTERMEDIARIES INVOLVED.
B. THIS DEED OF AGREEMENT IS A FULL RECOURSE COMMERCIAL COMMITMENT GOVERNED BY THE LAW OF THE
JURISDICTION THAT BOTH PARTIES RESIDE AND STANDARDS UNDER ICC REGULATION.
C. PARTY B IS NOT REQUIRED TO REPAY THE 56% LOAN OF THE STANDBY LETTER OF CREDIT (SBLC) FACE
VALUE TO PARTY A (MONETIZER), AS IT IS A NON-RECOURSE LOAN PAYMENT.
D. ALL SUBSEQUENT TRANCHES WILL BE BASED ON THE SAME PROCEDURES AS AGREED BETWEEN BOTH
PARTIES.
* SHOULD RECEIVER DEFAULT TO PAY THE FEES TO THE SENDER AS AGREED ON THIS DOA WITHIN ALLOWED NUMBER OF
DAYS AFTER RECEIPT OF SWIFT MT-760, PROVIDER SHALL INSTRUCT THE ISSUING BANK TO PUT A CLAIM ON THE SBLC
THEREBY FORCING THE RECEIVER’S BANK TO RETURN THE SWIFT MT-760 (SBLC) TO THE ISSUING BANK .
BANKING DETAILS
RECEIVER’S RECEIVING BANK DETAIL TO RECEIVE MT799 PREADVICE, MT760 SBLC, HARDCOPY
VIA BANK BONDED COURIER:
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ISSUING'S BANK DETAIL FOR ISSUING MT799 PREADVISE, MT760 SBLC AND RECEIVING BPU VIA MT799
BANK NAME
BANK ADDRESS
ACCOUNT NAME
SWIFT CODE
BANK OFFICER
BANK TELEPHONE
PROVIDER’S BANKING COORDINATES TO RECEIVE EUR VIA COORDINATE 56%) OF THE FACE VALUE
AND BPU VIA MT799 AND SBLC RETURN RECEIVING ACCOUNT DETAILS:
REPRESENT NAME
TRANSACTION CODE
BANK NAME
BANK ADDRESS
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PROVIDER’S INTERMEDIARY BANKING COORDINATES TO RECEIVE EUR VIA MT 103 (2%) OF THE
FACE VALUE:
PAYMASTER NAME
B E N E F I C I A R I E S NAME
BANK NAME
BANK ADDRESS
BANK SWIFT CODE
ACCOUNT NAME
ACCOUNT NUMBER
SPECIAL WIRE INSTRUCTIONS ALL SWIFT WIRE TRANSFERS (MT199/MT103) SHALL INCORPORATE
BELOW TEXT MESSAGE AND A COPY OF BANK WIRE TRANSFER SLIPS BE
EMAILED FOR LEGAL VERIFICATION AND DOCUMENTATION
PURSUANT TO PATRIOT ACT/BANKING REGULATIONS WITH ONE
ORIGINAL PGL COPY TO BE FILED WITH BANK AND COPY MAILED TO:
REQUIRED MESSAGE ALL TRANSFER INSTRUCTIONS SHALL STATE: "FUNDS ARE CLEAN AND
CLEAR, OF NON-CRIMINAL ORIGIN AND ARE PAYABLE IN CASH
IMMEDIATELY UPON RECEIPT BY BENEIFICIARY'S BANK WITH SAME
DAY'S CREDIT.
RECEIVER’S INTERMEDIARY BANKING COORDINATES TO RECEIVE EUR VIA MT 103 (2%) OF THE
FACE VALUE:
PAYMASTER NAME NGUYEN VAN VUONG
B E N E F I C I A R I E S NAME CHAU HUYNH & NGUYEN VAN VUONG& ZARA HASAN
BANK NAME
BANK ADDRESS
BANK SWIFT CODE
ACCOUNT NAME
ACCOUNT NUMBER
SPECIAL WIRE INSTRUCTIONS ALL SWIFT WIRE TRANSFERS (MT199/MT103) SHALL INCORPORATE
BELOW TEXT MESSAGE AND A COPY OF BANK WIRE TRANSFER SLIPS BE
EMAILED FOR LEGAL VERIFICATION AND DOCUMENTATION
PURSUANT TO PATRIOT ACT/BANKING REGULATIONS WITH ONE
ORIGINAL PGL COPY TO BE FILED WITH BANK AND COPY MAILED TO:
REQUIRED MESSAGE ALL TRANSFER INSTRUCTIONS SHALL STATE: "FUNDS ARE CLEAN AND
CLEAR, OF NON-CRIMINAL ORIGIN AND ARE PAYABLE IN CASH
IMMEDIATELY UPON RECEIPT BY BENEIFICIARY'S BANK WITH SAME
DAY'S CREDIT.
RECEIVER’S OBLIGATIONS:
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The Receiver further confirms that the Provider is authorized to verify the funds of each tranche of the Contract
with his bank, if necessary. In the event of unsatisfactory verification, the transaction will be suspended
immediately and the Receiver is in breach of the Contract and liable for legal consequences.
PROVIDER´S OBLIGATIONS:
The Provider with full corporate and legal responsibilities, and under penalty of perjury, confirms that Provider is
fully aware of the commitment of the Instruments when countersigning this LOI.
The Provider further confirms to deliver the instruments, to negotiate and make proper arrangement with the
provider to continuously supply the instruments until the whole contracted volume is exhausted. Without
expressed written permission, neither party shall contact the bank of the other party. Both parties may change
banking coordinates with written notice to the other party.
Should any of the signatory Parties herein fail to perform according to the terms and as required by this contract,
once signed, then, the failing Party shall indemnify the aggrieved Party for an amount of 2%. The distribution of
the 2% penalty shall be 1% to the aggrieved signatory Party of the contract and 1% to all of the Consultants
designated in the Irrevocable Master Fee Protection Agreement.
NON-SOLICITATION
The Receiver hereby confirms and declares that the Provider, its associates or representatives or any person or
persons on its behalf has/have never ever solicited the Receiver, its shareholders or associates or representatives
in any way whatsoever that can be construed as a solicitation for this transaction or for future transactions.
FORCE MAJEURE
Any delay in or failure of performance by either party of their respective obligations under this agreement shall
not constitute a breach hereunder or give rise to any claims for damages if, and to the extent that such delays or
failures in performance are caused by events or circumstance beyond the control of such party.
The term “Beyond the Control of Such Party “Include Lawful order of Government or Authority, Act of War,
Rebellion or Sabotage, Fire, Flood, Earthquake or other natural disasters. Any other cause not within the control
of such party or which is by exercise of reasonable diligence, the party will be unable to foresee or prevent or
remedy.
ARBITRATION
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This agreement contains the entire agreement and understanding concerning the subject matter hereof and
supersedes and replaces all prior negotiations and proposed agreements, written or oral. Neither of the parties
may alter, amend, nor modify this agreement, except by an instrument in writing signed by both parties. This
agreement will be governed by and construed in accordance with the Laws of Singapore. In the event that either
party shall be required to bring any legal actions against the other it enforce any of the terms of this agreement the
prevailing party shall be entitles to recover reasonably attorney fees and costs.
AGREED AND SIGNED ON THIS DATE XXXXX, 2021 FOR AND ON BEHALF OF PROVIDER/BENEFICIAY
XXXXXXXXXXXXXXXX
Name :
Designation :
Passport # :
Nationality :
Issue date :
Expiry date : 20TH DECEMEBER, 2027
___________________________
NAME : RASMI RANJAN
SAHOO TITLE : MANAGING
DIRECTOR NATIONALITY : INDIAN
PASSPORT : Z3290913
ISSUE DATE : 25-04-2016
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All disclosed banking information shall be strictly confidential. No communication between banking officers.
Other than transmission by SWIFT wire transfer and any other transmission specifically authorized by the
beneficiaries, is permitted. All communications shall clearly reference the transaction code, the Provider's
code and the Receiver's code referred to herein.
Should a contract be signed between the Provider and the Receiver, a Bank endorsed Corporate Pay order will be
issued to the Paymaster of each group, followed by a SWIFT wire transfer to the paymaster's account, when
payment for the bank instrument is completed.
An executed facsimile or email copy shall be deemed to be as an ORIGINAL.
___________________________
NAME : RASMI RANJAN
SAHOO TITLE : MANAGING
DIRECTOR NATIONALITY : INDIAN
PASSPORT : Z3290913
ISSUE DATE : 25-04-2016
EXPIRY DATE: 24-04-2026.
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THIS IS TO CERTIFY THAT THE BOARD OF DIRECTORS OF HOUSE OF NATURAL MINERALS LLC (HEREINAFTER
REFERRED TO AS THE “COMPANY”) HAVING A BOARD OF DIRECTORS MEETING WHICH WAS DULY AND REGULARLY
CALLED, NOTICED AND HELD ON 07TH APRIL, 2021, AT THE COMPANY’S ABOVE REFERENCED ADDRESS AT WHICH
THERE WAS PRESENT A QUORUM THEREOF, WHEREIN THE FOLLOWING RESOLUTIONS WERE UNANIMOUSLY
ADOPTED, TO WIT:
RESOLVED: THAT MR. RASMI RANJAN SAHOO AUTHORIZED SIGNATORY FOR AND ON BEHALF OF THE COMPANY,
WAS FULLY AUTHORIZED TO ACT INDIVIDUALLY AS THE AUTHORIZED SIGNATORY OF THE COMPANY TO EXECUTE
ALL NECESSARY DOCUMENTS ON BEHALF OF THE COMPANY IN CONNECTION WITH BANK INSTRUMENTS
TRANSACTIONS AND TO EFFECT THE OPENING AND OPERATION OF BANK ACCOUNTS ON BEHALF OF AND FOR THE
BENEFIT OF THE COMPANY AT ANY BANK(S) HE SHALL SELECT, AND BE A SIGNATORY THEREON, TO ACCEPT AND
DISBURSE FUNDS THERE FROM, AT HIS DISCRETION AND DETERMINATION, AND TO EXECUTE CONTRACTS WITH HIS
SELECTED SOURCES AND BANKS THEREIN, AT HIS DISCRETION, FOR AND IN THE BEST INTEREST OF THE
COMPANY.
THE FOREGOING RESOLUTIONS AND THE PROVISIONS THEREOF ARE IN CONFORMITY WITH THE CHARTER,
BYLAWS AND ARTICLES OF INCORPORATION OF THE COMPANY, AND THAT THE FOREGOING RESOLUTION AND
THE AUTHORITY THEREBY CONVEYED SHALL REMAIN IN FULL FORCE AND EFFECT UNTIL THE PURPOSE SET
FORTH HEREIN ARE ACCOMPLISHED.
IT IS FURTHER CERTIFIED THAT THIS CORPORATE RESOLUTION’S EMAIL OR PHOTOCOPIES SHALL BE OF EQUAL VALUE
TO THEIR ORIGINAL AND SHALL BE ACCEPTED AS SUCH BY EVERYONE, FOR ALL PURPOSES, EVERYWHERE.
IN WITNESS WHEREOF, I HAVE HEREUNTO SET MY HAND AND SEAL OF THE COMPANY IN CERTIFICATION OF THE
ABOVE RESOLUTIONS & PROVISIONS ON THIS DATE:
_______________________________
NAME : RASMI RANJAN
SAHOO TITLE : MANAGING
DIRECTOR NATIONALITY : INDIAN
PASSPORT : Z3290913
ISSUE DATE : 25-04-2016
EXPIRY DATE: 24-04-2026.
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APPENDIX-A
Pre-Advice of SBLC via SWIFT-MT799
DRAFT TEXT OF ISSUING BANK’S PRE-ADVICE VIA SWIFT MT799
FROM:
TO:
TRANSACTION CODE:
REFERENCE CODE:
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APPENDIX B
SWIFT MT 799
TRANSACTION CODE
SECURITY CODE :
DATED : MONTH, DAY, YEAR
PAY ORDER AMOUNT :€ XX,000,000.00(XX MILLION EUROPEAN UNION DOLLARS ONLY)
FROM : RECEIVER’S PAYING BANK
TO : SENDER’S DESIGNATED/NOMINATED PAYMENT RECEIVING BANK
WE, XXXXXXXX, LOCATED AT XXXXXXXXXXXXXXXXXXXX, HEREBY CONFIRM WITH BANK RESPONSIBILITY THAT
WE HAVE RECEIVED YOUR SWIFT MT799 RWA AND THAT WE ARE READY TO RECEIVE ON BEHALF OF OUR CLIENT
XXXXXXXXXXXXXXXXXXXXX, YOUR SWIFT MT760 STANDBY LETTER OF CREDIT IN THE AMOUNT OF
$ ,000,000.00 ( HUNDRED FIFTY MILLION EURO) ISSUED BY , LOCATED AT XXXXXXXXXX, IN
FAVOUR OF OUR CLIENT, XXXXXXXXXXXXXXXXXXXXX, WITH ACCOUNT NUMBER: XXXXXXXXXXXXXXXXXX, WITH A
VALIDITY OF ONE (1) YEAR AND ONE (1) DAY FROM THE DATE OF ISSUE.
WE HEREBY CONFIRM WITH FULL BANK RESPONSIBILITY THAT OUR CLIENT IS READY WILLING AND ABLE TO
FUND AGAINST THIS BANK INSTRUMENT ACCORDING TO THE AGREEMENT UNDER CONTRACT NUMBER:
XXXXXXXXXXXX
THE ACCEPTANCE, VALIDATION, AUTHENTICATION AND CONFIRMATION OF THIS SWIFT MT760 CAN BE DONE ON
BANK-TO-BANK BASIS.
ACCOUNT NAME :
ACCOUNT ¹ :
INSTRUCTION :
BANK NAME :
BANK ADDRESS :
SWIFT CODE
BANK OFFICER
TELEPHONE NO.
:
FACSIMILE NO. :
Yours faithfully,
For and on Behalf of <Name of Bank>
[Electronic signatures of two (2) bank officers]
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APPENDIX C
TEXT OF SWIFT-MT760 (SBLC–ICC 600 FORMAT)
--------------------------------------MESSAGE HEADER----------------------------------------------
: 27: SEQUENCE OF TOTAL1/1
: 20: TRANSACTION REFERENCE NUMBER XXXXXXXXXXXXXXXXXX
: 23: FURTHER IDENTIFICATION NUMBERXXXXXXXXXXXXXXXXXX
: 30: VALUE DATE/CURRENCY/INTERBANK
--------------------------------------MESSAGE HEADER----------------------------------------------
: [SWIFT CODE]XXXXXXXXXXX
: F20: TRANSACTION REFERENCE NUMBERXXXXXXXXXXXXXXXXXX
: F23: FURTHER IDENTIFICATIONISSUE
: F30: Date
: 40C: APPLICABLE RULES URDG
: 77C: DETAILS OF BANK INSTRUMENT CASH BACKED STANDBY LETTER OF CREDIT [SBLC]
: 12A: TYPE OF BANK INSTRUMENT IRREVOCABLE, UNCONDITIONAL, TRANSFERABLE, ASSIGNABLE,
NEGOTIABLE, CALLABLE AND DIVISIBLE WITHOUT PAYMENT OF ANY TRANSFER FEE AND NOTIFICATION
TO THE ISSUING BANK AND WITHOUT PRESENTATION TO US.
: DATE /PLACE OF EXPIRY ___________ – VALID UNTIL 1 YEAR PLUS 1 MONTH AND AUTOMATICALLY
EXTEND EACH YEAR UP TO A PERIOD OF (10) TEN YEARS, REGARDLESS OF SUCH DATE BEING A BANK
WORKING DAY OR NOT.
DATE OF EXPIRYFIVE (5) DAYS AFTER THE MATURITY DATE, FROM THE DAY OF ISSUING.
INSTRUCTED AMOUNT 10,800.000.00 (TEN MILLION, EIGHT HUNDRED THOUSAND USD), IN THE LAWFUL
CURRENCY OF THE UNITED STATES.
: 70: REMITTANCE INFORMATION: FOR COLLATERAL GUARANTEE STRUCTURED FINANCIAL PRODUCT
(INVESTMENT LOAN) BANKING CREDIT FACILITY AGREEMENT OR CREDIT ENHANCEMENT TO ANY CREDIT
OR BANKING FACILITY FOR INVESTMENT AND INTERNATIONALIZATION PROJECTS AND EXPORT OF
GOODS (COMMODITIES) AND SERVICES, AND/OR FOR DIVERSIFIED PROJECT
: 25: ACCOUNT IDENTIFICATION XXXXXXXXXXXXXXXXXXXXX
: 32B: CURRENCY CODE AMOUNT $10.800.000.00 [USD]
: SENDER
: 51A: SENDING INSTITUTIONS FROM
: BANK NAME
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RECEIVER
: 57: BENEFICIARY BANK
: BANK NAME
: BANK ADDRESS
: ACCOUNT NAME
: IBAN CODEl
: BANK OFFICER NAME
: BANK OFFICER PHONE
: BANK OFFICER EMAIL
: BANK OFFICER NAME
: BANK OFFICER PHONE
: BANK OFFICER EMAIL
: APPLICANT
: ADDRESS
: BENEFICIARY
: ADDRESS
--------------------------------------MESSAGE HEADER----------------------------------------------
: 79: NARRATIVE: FOR THE VALUE RECEIVED, AT THE REQUEST OF OUR CLIENT: ____________________
(THE APPLICANT), WE, ______________, LOCATED AT: _____________________________, WITH SWIFT
CODE: _______________, HEREBY CONFIRM WITH FULL RESPONSIBILITY AND AUTHORITY, ON FIRST
DEMAND, HEREBY IRREVOCABLY, UNCONDITIONALLY AND WITHOUT PROTEST AND WITHOUT ANY
OBJECTION AND DEFENSE ARISING FROM SAID ENGAGEMENTS OR NOTIFICATION, PROMISE AND
GUARANTEE TO PAY AGAINST THIS STANDBY LETTER OF CREDIT NUMBER XXXXXXXXXXX, IN FAVOUR OF
XXXXXX AND EXPORTERS LTD, REG. AT COUNTRY OF XXXXXX WITH REG. NUMBER, CPR/2007/63875
AND LEGAL ADDRESS,XXXXXXXXXXXXXXXXXXXXXXXXXXX., THE BENEFICIARY OR THE BEARER OR
TITLEHOLDER, THEREOF THE MATURITY THE SUM OF $XXX00.000.00 (XXXXXXXXXXXXXXXXXXXXXX
THOUSAND USD), IN THE LAWFUL CURRENCY OF THE UNITED STATES) AT FIRST DEMAND UPON
PRESENTATION AND SURRENDER OF STAND BY LETTER OF CREDIT AT THE COUNTER OF
_______________.
SUCH PAYMENT WILL BE MADE WITHOUT SET OFF AND SHALL BE FREE AND CLEAR OF ANY DEDUCTIONS,
CHARGES, FEES, OR WITHOUT HOLDINGS OF ANY NATURE NOW OR HEREAFTER IMPOSED, LEVIED,
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In accordance with Articles two (2) through five (5) of the Due Diligence Convention and the Federal Banking Commission
Circular of December 1998, concerning the prevention of money laundering, and Article 305 of the Swiss Criminal Code, the
following information may be supplied to banks and/or other financial institutions for the purpose of verification of identity and
activities of the Principal, and the nature and origin of the funds that are to be utilized. All parties have an obligation for
professional discretion and to take all appropriate precautions to protect the confidentiality of the information each holds in
respect of the others’ activities. This legal obligation shall remain in full force and effect at all times.
5. Affirmation:
I hereby swear under the full penalty of perjury, that the information provided herein is both true and accurate. I am in control of
the assets stated above, and have signatory
authority on the aforementioned bank account and have full authority to execute all contracts and agreements relating to pleading
the assets for a loan. The funds are in full compliance with the anti-money laundering policies set forth by the Financial Action
Task Force (FATF) 6/01.
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