Example Of A Letter Of Guarantee For Postponement Of Execution

Example Of A Letter Of Guarantee For Postponement Of Executıon

LETTER OF GUARANTEE

History: ………………………………………….. ……….. ………………….

EXECUTIVE DIRECTORATE ……………..

( ) Of the Commercial Court of First Instance …../….. E. ref no. the given creditor’s …………………………………..From the Executive Office …………………. E. upon being tracked from the numbered file, the debtor who filed an appeal against the court decision ………………………… Sh. At the end of the period given by your Directorate or as a result of the Decision to Postpone the Execution to be made by the Supreme Court, the bank will no more than secure our debt in advance …………………- TL (Solo …………. It is the Turkish Lira. Pay payable to our bank in Turkish lira, the part up to your enforcement office for the collection of the debt, withdrawal of the objection and refund to be received without the consent of the debtor, the amount of the guarantee immediately, in cash from the moment of payment and the period up to the time of the request, together with the legal interest.) We agree and undertake to pay the Turkish lira to our bank.

TURKEY ……………. BANK A.Sh.

………………………………………… Dive

IT IS DEFINITE AND INDEFINITE

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