INVe, Ratchaburi Electricity Generating Company Limited (RGCO) accept,
subject to your approval and to the terms and conditions of the above mentioned
Policy, the sum of three hundred and thirty-three million seven hundred and
sixty-seven thousand one hundred and fifty-one Baht in full satisfaction and
discharge ·of all claims for loss or damage insured by the above policy, due to
machinery breakdown which occurred on 18 December 2014.