Acceptable collaterals and their associated financing values

Acceptable collaterals and their associated financing values

f. Notarized Surety Agreement carried out by the handling stockholders and each person or selection of individuals whoever stockholdings are sufficient to elect during the minimum one (1) director obligating on their own as one and severally into the bank to expend promptly towards readiness, otherwise when due, this new Bangko Sentral, its successors or assigns, the promissory cards within the disaster mortgage otherwise improve. (The government, the subdivisions, instrumentalities and you may businesses, and you can government entities try exempted using this needs) (El Mode No. 8).

g. Notarized Action out of Negative Promise done of the dealing with stockholders and you may every person or set of persons whoever stockholdings are enough to decide one or more (1) manager, along with their respective permits from stock. (The federal government, the subdivisions, instrumentalities and you may enterprises, and you can the us government are exempted from this criteria.) (Este Form No. 9). (más…)

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