Professional Documents
Culture Documents
To,
Director,
Shree Ji Consent Private Limited
NH8, Near Helipad, Kallakhedi Viran
NATHDWARA( RAJ.) -313301
Subject : Appointment as Management Advisors for Raising Funds , identifying operator and
construction of the project situated at NATHDWARA (RAJASTHAN).
Dear Sir,
We refer to our discussions at your office regarding raising of funds for M/s Shree Ji Consent Private
Limited (Company) On the basis of our discussions we understand that Company proposes to raise
additional funding by way of project finance and also wish to have a management operator for the
hotel property coming up at NATHDWARA -RAJASTHAN . In this regard we submit that Life Advisors
And Management Consultants, LLP (LIFE) Partners (‘Advisors’) are well equipped, in terms of having
the people who have immense experience in debt syndication and Project Management and who are
adequately networked to assist in structuring and successfully raising such funding on terms
acceptable to the Company. We would be pleased to assist the Company as “The Advisors” on terms
mentioned below.
1. Transaction
a. The Transaction under this mandate will be to raise funds and turnkey management of the
project as per the discussion and your requirements.
1
b. Arranging the operator / management contract/ Lease
i. Identify the suitable brand to manage and run the daily operations of the constyructed
property
ii. Finalise and negotiate terms with the potential operator
iii. Formalise the agreement and execution of the same
iv. Day to Day follow up if required till the start of the operations
2
12. Fees
a. LIFE will be entitled to a fee @ 2.0 % of the total sanction from financial institution for the
cattle feed project. 50% of the fee is to be given at the time of sanction and remaining 50% is
to be given at the time of first disbursement.
b. For the management contract LIFE will be entitled to a fee of INR 20 lacs or a fee equalling to
the franchise fee of the management company, whichever is higher.
c. In case of a lease contract LIFE will be entitled to a fee equal to two months of rentals agreed
between the two parties
d. Fee entitled to LIFE will be excluding of Loan Processing Fees and other charges charged by
Financial Institution.
e. Payment of amount to LIFE will be within 15 (fifteen) days of receipt of invoice. Delayed
payments shall carry an interest rate of 18% p.a.
f. An advance drop-dead fee of INR 5.0 lacs to be paid for all the projects in the following
manner.
i. 2.5 lacs is to be charged as drop dead fee for preparation of detailed project
report (DPR). This report will further be the property of the client and can
be used for any further projects.
ii. 2.5 lacs as advance fee for the identification of management contract and
out of pocket expenses. This will be adjusted in the final pay-out.
Other clauses
6.1 Confidentiality Agreement
We will not disclose, except as required by law, order of the Court or by any regulatory authority,
any confidential information relating to the Sponsors / Companies which it receives during the
Engagement. If we are required by law, order of the Court or by any regulatory authority to
disclose information, the company authorizes us to disclose the information and to deliver the
relevant documents to the concerned authority.
3
any claims arising from information supplied to us by the Company upon which we have relied in
the preparation and / or presentation to the potential investors / Lenders.
6.4 Exclusivity
The parties agree that, LIFE will be engaged exclusively for raising debt/finance of the Company
for the lenders/ financial institution approved by the company. Subsequent to the termination or
expiration of this engagement, any transaction is consummated by the Company with any of the
targets identified by LIFE with whom discussions were held prior to the termination or expiration
of this engagement; we will be entitled to fee as agreed above for the period of 1 year from the
date of introduction of the lender.
6.5 Survival
Any Lender or investor introduced or presented by LIFE to the Company during validity of this
engagement letter, if lends to or invest in the Company. or its associate concerns within 12
months from the expiry of validity of this engagement letter, LIFE will be entitled to a fee @ 1.0%
of the funds raised of debt raised from financial institution on the amount lend as per the
payment schedule of this engagement letter.
6.6 Indemnification
The Company hereby indemnify and hold harmless LIFE and its affiliates from and against any
losses, claims, damages, liabilities for breach of any of the obligations of the
Company contemplated by this mandate letter and will reimburse for all reasonable expenses
(including counsel fees and expenses).
4
6.8 Clarification
This mandate letter is not and cannot under any circumstances be construed as constituting a
commitment by LIFE (Advisors) to provide any advances, loans, or financing in any form to the
Company or any third party. This mandate letter is exclusively meant for the Company for the
purpose of outlining the Scope of Services as envisaged by LIFE (Advisors) and should be treated
in strict confidence.
We request you to sign and return a copy of this mandate letter to us. We look forward to working
closely with you on this important project.
Yours faithfully,
Partner/Authorized Signatory
Director