ÀÏ˾»úÎçÒ¹¸£Àû

[TO BE PRINTED ON THE HEADED PAPER OF THE Lender]

[insert name and address of Borrower]

[insert date]

Dear [insert full name of borrower]

We offer to place at your disposal a Sterling Loan facility in the aggregate Principal amount of £[insert amount in figures] ([insert amount in words] Sterling) [for the purpose of [insert details]] on the following terms and conditions:

1. 1. 1

      Definitions

      1. 1.1

         In this letter, unless otherwise provided:

         Base Rate

         1. •

            means the base rate of [the Lender OR [insert name of Bank]] for the time being and from time to time;

         Borrower

         1. •

            means [insert name of company], a company incorporated in England and Wales with registered number [insert company number] whose registered office is at [insert address];

         Business Day

         1. •

            means a day, other than a Saturday, Sunday or public holiday, on which banks are open for business in London;

         Commitment Expiry Date

         1. •

            means the earlier of the date falling [insert number] months after the date of this letter and the date upon which the full amount of the Facility is first outstanding under this letter;

         Drawing