PLEDGE OF DEPOSIT

United Kingdom

Updated: May 03, 2022

15 clauses


James Maina

James Maina

O.M.O Advocates

Accepted payment methods


Key description

  • A deposit for retail clients, specifically to be used as collateral for a loan to be obtained by a company or self-employed person

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Categories

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Covered clauses

General

  • DEFINITIONS AND INTERPRETATION

  • COVENANT TO PAY

  • PLEDGE

  • TERMS OF THE PLEDGED DEPOSIT

  • RIGHT OF SET-OFF

  • REPRESENTATIONS WARRANTIES AND COVENANTS BY THE PLEDGOR

  • ENFORCEMENT

  • CONTINUING SECURITY

  • POWER OF ATTORNEY

  • FURTHER ASSURANCE

  • CURRENCY INDEMNITY

  • COSTS

  • MISCELLANEOUS

  • COMMUNICATIONS

  • GOVERNING LAW AND JURISDICTION


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