Confirmation from Bank on Floating Charge

Bank Notification

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Description:

Confirmation from Bank that the floating charge given by a company has not been crystallised (on the completion date) in relation to the sale and purchase of shares.

We confirm that so far as we are aware the floating charge created under the Debenture has not crystallised as at the date hereof.

Document Type:

Letter / e-mail / note / correspondence

Category:

Business > Banking and Finance > Security Documents & Equitable Mortgage

 
Keywords:

confirmation

,  

bank

,  

floating charge

,  

debenture

,  

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,  

buyer

,  

seller

,  

purchaser

,  

vendor

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merger and acquisition

,  

sale and purchase

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M&A

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Author:

DocPro Legal

DocPro Legal is a team of legal professionals with a passion for making quality documents and legal contract templates widely available to the public through cutting edge technology. Our lawyers are qualified in numerous common law jurisdictions including the United Kingdom, Australia, New Zealand, India, Singapore and Hong Kong. We have experience in major law firms and international banks with expertise in business, commercial, finance, banking, litigation, family, succession and company laws.