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Power of Attorney - Company

Mortgage of / Charge on Securities

This POA for company is given to the Lender in relation to the sale of Mortgaged / Charged Securities as security for a loan.

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The document should be signed by the authorised signatory (or directors of a company) and witnessed to complete the formality.

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Document Description

This POA for the company is given to the Lender in relation to the sale of Mortgaged / Charged Securities as security for a loan.

By a loan agreement made between the Lender and the Mortgagor), the Lender has agreed, subject to the conditions there set out, to make available to the Borrower a loan facility.

By a guarantee, the Mortgagor has agreed to guarantee the liabilities of the Borrower under the Loan Agreement.

By an equitable mortgage made between the Mortgagor and the Lender, the Mortgagor has mortgaged in favour of the Lender, inter alia, all the right, title and interest of the Mortgagor in and to the securities listed in the Schedule to the Equitable Mortgage.

 

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