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Licensing Guidelines for Internet Protocol Telephony ... - BTRC

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FORM - 3<br />

[Letterhead of the Commission]<br />

[Date]<br />

To:<br />

[Name of Bank]<br />

[Address]<br />

SUBJECT:<br />

REQUEST FOR PAYMENT AGAINST PERFORMANCE BANK<br />

GUARANTEE (PBG)<br />

Dear Sir,<br />

This is with reference to the Per<strong>for</strong>mance Bank Guarantee dated [<br />

you on behalf of [Licensee].<br />

] issued by<br />

We would like to in<strong>for</strong>m you that [Licensee] has failed to meet its obligations under the<br />

License. As such, the Commission is empowered to encash the PBG and you are here by<br />

requested to make immediate payment of Tk. …………............ (in words<br />

…….......................................................)in accordance with the terms and conditions of the<br />

Per<strong>for</strong>mance Bank Guarantee.<br />

[Name of Authorized Representative of the Commission]<br />

<strong>for</strong> and on behalf of<br />

Bangladesh Telecommunications Regulatory Commission.<br />

Page 42 of 45

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