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Date: 09/06/2026
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| Dear Sirs, |
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In consideration of you agreeing to negotiate / discount / purchase
at our request from time to time draft(s) drawn by
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us on such party / parties whether or not under such Letter(s) of Credit at
your sole discretion think fit, we hereby
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expressly agree and undertake to repay or hold you harmless and fully
indemnify you on demand the amount which
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you have paid us together with all costs and charges which you may have
incurred, if payment is not made to you by
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the drawee of the draft and / or the issuing bank of the Letter(s)
of Credit which has been negotiated / discounted /
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purchased by you for any reasons whatsoever including but not limited to
any discrepancies in the documents.
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