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Dear Sir/Madam,
RE: Letter of Indemnity and Undertaking
Lender: Ahmad Fikri bin Ahmad Hishamuddin
Borrower: Mohamad Abdullah bin Ibrahim
In view of the goodwill from the Lender, I hereby agree to pay RM400.00 per week on or
before every Monday of the following week to the Lender as borrowing fees. I further agree
that the security deposit shall not be refunded to me upon expiry of the said Period. In the event
that I have defaulted the payment of the said security deposit, the Lender shall have the absolute
right to recover the Motor Vehicle from me with immediate effect without any further notice.
I hereby indemnify and undertake the following upon receipt of your Motor Vehicle with
immediate effect:
(a) I am of legal age and obtained a valid driving license from Road Transport Department
Malaysia;
(b) I will indemnify, defend, and hold harmless the Lender for any loss, damage, or legal
actions against the Lender during the said Period;
(c) I will pay for the cost for repair or replacement of damage for the said Motor Vehicle
while in possession;
(d) I will also pay for any parking tickets, summons, or other citations received while in
possession of the Motor Vehicle;
(e) I will bear the cost of car instalment up to 2 months in the event of accident where the
authority find out the error cause from the Borrower;
(f) I will not operate the said Motor Vehicle in violation of any laws, or in any negligent
or illegal manner; and
(g) I will return the said Motor Vehicle to the Lender in the original/good condition.
Sincerely,
________________________________________
Name: Mohamad Abdullah bin Ibrahim
NRIC No.: 900202-01-5483
Witness by,
________________________________________
Name: Ahmad Fikri bin Ahmad Hishamuddin
NRIC No.: 860113-03-5251