Pledge Agreement Advance

About this template:

This particular legal document or agreement of assignment is used to assist in articulating the terms for a pledge agreement advance. See other essential legal document templates for you and your clients here https://www.templateguru.co.za/templates/legal/

Excerpt:

PLEDGE AGREEMENT This Pledge Agreement (the Agreement) is effective [DATE] For good and valuable consideration the receipt and legal sufficiency of which are hereby expressly acknowledged the parties hereto agree as follows: WHEREAS the First Party advanced the sum of [AMOUNT] for the purposes of a project located in the City of [NAME OF THE CITY] Province of [COUNTRY] known and designated as being lot numbers [NUMBER] [NUMBER] [NUMBER] and [NUMBER] on the official plan and book of reference of the [SPECIFY] [COUNTRY] with the buildings thereon erected bearing civic number [NUMBER] to [NUMBER] [NUMBER] to [NUMBER] and [NUMBER] and [NUMBER] [FULL ADDRESS] [COUNTRY];

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