Commercial Pledge Equipment and Machinery

About this template:

Looking for a commercial pledge for equipment and machinery? Try this template. These other equipment related document templates may also be helpful to you and your business. https://www.templateguru.co.za/documents/equipment/ And see these other operations and logistics templates here https://www.templateguru.co.za/templates/operations-logistics/

Excerpt:

This Commercial Pledge (the Agreement) is effective [DATE]. The Lender hereby declares and guarantees that the property pledged has been paid in full and belongs to it in sole and absolute ownership free and clear of all liens privileges and charges whatsoever except for Permitted Encumbrances as that term is defined in the Credit Agreement.

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