What to do
after your application is approved
|Acceptance of Approval Letter|
|Before the Approved Financing Facility is made available to Eligible Customer|
|Notice of Utilisation|
Note: (*) These refer to documentation in the Master Agreement.
Important Notice: In the event the conditions precedent under an Approved Financing Facility are not fully complied with and/or any of the documents referred to therein are not received by Danajamin and SJPP respectively and/or the Guarantee Fee is not paid to SJPP within three (3) months from the date of the Bank’s Letter of Offer (or such other period as may be extended by Danajamin), Danajamin reserves the right to terminate its Approval Letter whereupon the Approval Letter shall cease to have any effect and such Financing Facility shall cease to be an Approved Financing Facility for purposes of this Agreement and the Guarantee Scheme.