Document background
An Assurance Letter is a formal document used in business contexts where one party needs to provide specific guarantees or commitments to another party. Under Danish law, this document type requires careful consideration of the Danish Contracts Act (Aftaleloven) and related legislation. The Assurance Letter typically includes specific declarations, commitments, or guarantees, details of the parties involved, the scope and duration of the assurance, and any conditions or limitations. It's commonly used in financial transactions, corporate restructuring, project financing, or situations requiring formal guarantees of performance or financial capability. The document must be structured to ensure enforceability under Danish jurisdiction while clearly outlining the specific assurances being provided.
