Lazard's partners have signed nonbinding commitment letters to remain at the firm for at least the next two years.
And there was no record of a mortgage application or commitment letter.
He even signed, on Hollinger's behalf, the commitment letter for the investment.
Kelso said yesterday that it had received commitment letters for $1.8 billion in financing from a group of banks led by the Bankers Trust Company.
A mortgage broker has signed a commitment letter, too.
"If there is to be a mortgage on the new purchase, the mortgage application and commitment letter are included."
With bridge financing, it issues a commitment letter guaranteeing to provide the money.
He was unable to sign the commitment letter due to the Petron management's disapproval.
Next thing you know, her commitment letter is in the mail.
But the letter made no mention of a commitment letter from any bank, which would guarantee financing.
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