Loan Agreement Nl

5.3 Assuming that a loan is granted to a company organised according to the laws of your jurisdiction and guaranteed by a guarantor organised in accordance with the laws of your jurisdiction. When such a loan is transferred from Lender A to Lender B, are there any special requirements necessary to make Lender B`s loan and guarantee enforceable? In case of judicial recovery, there are more possibilities to recover late capital if the owner of a business is personally liable. In the case of an Eenmanszaak or VOF, the owners are always liable (personally). If additional collateral is available, you will find them in your credit agreement with the borrower. In addition to a mortgage right, borrowers generally create collateral on the following assets: lease receivables, insurance claims, claims from bank accounts, receivables from management contracts, receivables from sales contracts or developer contracts and, where applicable, claims on hedging contracts, movable assets on the land or shares of the borrower. It is also customary to provide security on the rent and other possible income of a property. As a rule, this is done in the form of a pledge that orders tenants or insurance, in case of violation of the credit agreement, to make payments to the lender. This classification is normally established by a separate security document. . . .

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