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Sample Of Letter Of Guarantee For Delayed Execution

Petition Of Appeal Against Forced Detention

LETTER OF GUARANTEE

 

Date: ………………………………………….. ……….. ………………….

 

TO THE EXECUTIVE DIRECTORATE ……………..

 

( ) The judgment given from the file numbered …../….. E. of the Commercial Court of First Instance has been sent to your Enforcement Directorate by …………………. Upon being prosecuted in file number E., the debtor who appealed the court decision …………………………Ş. Since our Bank guarantees the debt up to a maximum of …………………- TL (only …………. Turkish Liras) at the end of the period given by your directorate or as a result of the Postponement Enforcement Decision to be given by the Supreme Court, upon the compensation letter of your directorate, without the need for a prior notice, judgment or the consent of the debtor, the guaranteed amount will be paid immediately, in cash, together with the legal interest for the days from the moment of request to the moment of payment, and by our Bank as a guarantor. We accept and undertake that it will be paid.

 

Türkiye ……………. BANKASI A.Ş.

 

………………………………………… Branch

 

• IT IS FINAL AND INDEFINITE

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