AFFIRMATION FROM THE GUARANTEE HOLDER

EKN’s reference number:

Application for guarantee date:

Guarantee holder’s affirmation in the event that EKN has granted increased risk coverage in terms of free disposition of the received payment for the guaranteed bill of exchange.

The bill of exchange is payable in the country of the party liable for payment. Notwithstanding, we have applied for EKN’s guarantee also to comprise cases where authorities in the payment country have unexpectedly taken measures that have impeded or delayed transfer of payment made to us in the guarantee application’s indicated place outside the payment country.

We hereby affirm that all necessary authorisation and consent from authorised authorities required for transferring payment of relevant bills of exchange to us at an indicated place outside the payment country has been obtained. Furthermore, we affirm that we have no reason to believe that these conditions will change prior to the due date of the relevant bills of exchange.

Place and date

Company name

Signature

……………………………………

Name in block letters	Telephone number – including area code

…………………………………....

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Note: The affirmation above must be completed by the guarantee holder and sent with the application requesting issuance of the guarantee commitment (Form EKN 3.03).