Legal Precedents

[ To be produced on the lender’s letterheaded paper ] [ please enter date ] To: [ enter the borrower’s name and address ] [ and ] [ kindly enter the guarantor’s name and address, where relevant ] Dear [ insert the borrower’s full name and, where relevant, the guarantor’s full name ] 1 [ We refer......

[ Place on the letterheaded paper of the party lodging form MR01 ] [ enter date ] For the attention of: The Registrar of Companies Companies House Crown Way Cardiff CF14 3UZ Dear [ enter organisation name ] [ enter name of Chargor ]— Company number [ enter company number ] 1 We refer to the [ enter name of......

Notice of assignment [ To be printed on the headed notepaper of the assignor ] To: [ insert name and address of the relevant contract counterparty ] Date: [ insert date ] Dear [ insert organisation name ], [ insert brief description of the relevant assigned contract ] We make reference to the transfer of contractual rights (the ‘ Assignment’) dated [ insert date ], executed by us in our capacity as assignor (the ‘ Assignor’), in favour of [ insert name of lender ] (the ‘ Lender’). We also refer to the agreement concerning [ insert description of relevant contract ] dated [ insert date ], concluded between us as [ insert party ] and you, [ insert name of relevant counterparty ], as [ insert party ] (as amended, novated, supplemented, restated or replaced from time to time) (the ‘...

Notice of assignment [ To be printed on the headed notepaper of the assignor ] To: [ insert name and address of the relevant insurer ] Date: [ • ] Dear [ insert organisation name ], [ insert brief description of the relevant insurance policy ] We refer to the assignment of insurance policies (the ‘ Assignment’), dated [ • ], entered into by us as assignor (the ‘ Assignor’) in favour of [ insert name of lender ] (the ‘ Lender’). We also refer to the insurance policy placed by us as the policy holder, with you as the insurer, concerning [ insert brief description of relevant policy and risks covered ], with policy number [ • ], together with any policy arranged to renew, substitute or replace that insurance (the ‘ Insurance Policy’). Please take notice that, pursuant to the terms of the...

This Deed is dated [ insert day and month ] 20[ insert year ] Parties [ insert name of Assignor ], a company registered in England and Wales under number [ insert company number ], with its registered office at [ insert address ] (the Assignor); and [ insert name of Lender ], of [ insert address ] (the Lender). Recitals: The Lender has agreed to provide a loan facility to the Assignor on the terms and conditions contained in the Facility Agreement (as defined below). The availability of that loan facility is conditional upon the Assignor executing this Deed to create security in favour of the Lender in respect of the Secured Obligations (as defined below)......

This Deed is dated [ insert day and month ] 20[ insert year ] Parties [ insert name of Assignor ], a company registered in England and Wales with company number [ insert company number ], whose registered office is at [ insert address ] (the Assignor); and [ insert name of Lender ] of [ insert address ] (the Lender). Recitals: ( A) The Lender has agreed to provide a loan facility to the Assignor on the terms and conditions contained in the Facility Agreement (as defined below). ( B) Availability of the loan facility is conditional upon the Assignor executing this Deed to create security in favour of the Lender in respect of the Secured Obligations (as defined below)......

This Deed is entered into on [ insert day and month ] 20[ insert year ] by parties set out below Parties [ Insert name of Chargor ], a company registered in England and Wales under number [ insert company number ], with its registered office at [ insert address ] (the Chargor); and [ Insert name of Lender ], whose address is [ insert address ] (the Lender). Recitals: The Lender has agreed to make available a loan facility to the Company on the terms and conditions that are set out in the Facility Agreement (as defined below). A condition precedent to making the loan facility available to the Company is that the Chargor executes this Deed to grant security in favour of the Lender in respect of the Secured Obligations (as defined below)......

This Deed is dated [ insert day and month ] 20[ insert year ] Parties [ Insert name of Chargor ], a company registered in England and Wales under number [ insert company number ], whose registered office is at [ insert address ] (the Chargor); and [ Insert name of Lender ] of [ insert address ] (the Lender). Recitals: ( A) The Lender has agreed to provide a loan facility to the Chargor on the terms and conditions contained in the ‘ Facility Agreement’ (as defined below). ( B) Availability of the loan facility is conditional upon the Chargor entering into this Deed for the purpose of providing security in favour of the Lender in respect of the Secured Obligations (as defined below)......

This Deed is dated [ insert day and month ] 20[ insert year ] and is entered into by the parties set out below. Parties [ insert name of Chargor ], a company registered in England and Wales under number [ insert company number ], with its registered office at [ insert address ] (the Chargor); and [ insert name of Lender ] of [ insert address ] (the Lender). Recitals: The Lender has consented to provide a loan facility to the Chargor on the terms and conditions set out in, and subject to, the Facility Agreement (as defined below). It is a condition precedent to the availability of that facility that the Chargor enter into this Deed for the purpose of granting security in favour of the Lender in respect of the Secured Obligations (as defined below). ......

This Deed is executed on [ insert day and month ] 20[ insert year ] Parties [ insert name of Chargor ], a company incorporated in England and Wales with registered number [ insert company number ], with its registered office at [ insert address ] (the Chargor); and [ insert name of Lender ] of [ insert address ] (the Lender). Recitals: The Lender has agreed to provide a loan facility to the Chargor on the terms and conditions contained in the Facility Agreement (as defined below). As a condition precedent to the availability of that facility, the Chargor must enter into this Deed to create security in favour of the Lender for the Secured Obligations (as defined below)......

This Deed is entered into on [ insert day and month ] 20[ insert year ]. Parties [ insert name of Chargor ], a company incorporated in England and Wales, with registered number [ insert company number ], whose registered office is at [ insert address ] (the Chargor); [ insert name of Lender ] of [ insert address ] (the Lender). Recitals The Lender has agreed to provide a loan facility to the Chargor on the terms and conditions contained in the Facility Agreement (as defined below). It is a condition precedent to the availability of that loan facility that the Chargor enters into this Deed to provide security in favour of the Lender in respect of the Secured Obligations (as defined below)......

This Deed, dated [ insert date ] 20[ insert year ], is entered into by the following parties: Parties [ Insert name of Chargor ], a company duly incorporated in England and Wales, bearing registered number [ insert company number ], and having its registered office situate at [ insert address ] (the Chargor); [ insert name of Lender ], whose address is [ insert address ] (the Lender). Recitals: The Lender has agreed to provide to the Chargor a loan facility on the terms and conditions set out in the Facility Agreement (as defined below). It is a condition precedent to the availability of that loan facility that the Chargor executes this Deed for the purpose of granting security in favour of the Lender in respect of the Secured Obligations (as defined below)......

[ insert date ] To: [ insert full name and address of lender ] Dear [ insert full name of lender ], I hold the position of director at [ insert full name of guarantor or third party security provider ] (the Company).......

1 Title and risk Risk in the Goods will pass to the Buyer [ upon [ completion of ] delivery OR at the moment the Goods are handed to the carrier ]. Title to the Goods will pass to the Buyer once the Seller has received [ payment in full for the Goods OR payment in full for all debts owed by the Buyer to the Seller (including payment for the Goods) at any given time ]. Until title to the Goods has passed to the Buyer, the Buyer will: hold the Goods as the Seller’s bailee; store the Goods separately from all other materials......

[ To be printed on the headed paper of the agent/security agent ] [ insert date ] To: [ insert full name and address of [ parent ] ] Dear [ insert full name of parent ] 1 We refer to the facilities agreement dated [ insert date of facility agreement ] made between: [ insert full name of the parent ] in its capacity as the Parent; the Parent’s subsidiaries named in [ insert Schedule containing borrowers' details ] as the Original Borrowers; the Parent’s subsidiaries identified in [ insert Schedule containing guarantors' details ] as the Original Guarantors; the financial institutions set out in [ insert Schedule containing lenders details ] as the Original Lenders; [ insert full name of arranger [ s ] ] as the Arranger; [ insert full name of facility agent ] as the Agent; [...

Company number: [ insert company number ] [ insert company name ] [ LIMITED OR PLC ] Minutes of a meeting of the board of directors (the Meeting) of [ insert full name of company ] (the Company) Convened at [ insert place of Meeting ] Dated [ insert day, month and year of Meeting ] at [ insert time of Meeting ] [ am OR pm ] Present: [ Insert names of any directors present, whether physically or by any remote means (unless such means are specifically excluded by the Company’s articles of association) ] ([ Insert names of directors attending remotely ] attending by [ insert means of attendance for each director attending remotely ]) In attendance: [ [ Insert name of anyone in attendance, whether physically or by any remote means, who does not count towards the quorum for the Meeting (eg the company...

[ On headed notepaper of comfort letter provider ] To: [ insert the full name and address of the lender ] [ insert date ] Dear [ insert full name of lender ] Facility Agreement dated [ insert date ] (the Facility Agreement) between [ insert name of borrower ] (the Borrower) and [ insert name of lender ] (the Lender) We refer to the Facility Agreement and set out below our confirmations: [ The Borrower is a company wholly owned by us. OR We beneficially hold [ insert percentage ] per cent of the Borrower’s issued share capital. ] Our current policy is to see that the Borrower has sufficient [ financial ] resources to discharge its obligations as they fall due. The statement at paragraph 2 represents a present intention offered for comfort only. It is neither intended to be, nor should it be...

[ ON HEADED NOTEPAPER OF CHARGEE ] [ enter the name and address of the buyer/ second lender ] [ enter date ] Dear [ enter organisation name ], Re: [ Debenture OR Floating Charge ] dated [ enter date of agreement ] (the Security Agreement) between [ enter name of Chargor ] and us (the Chargee) We confirm that [ to the best of our knowledge, information and belief ], on or before the date of this letter: no circumstance has arisen that has resulted in, or would result in, the crystallisation of the floating charge constituted by the Security Agreement; and we have not undertaken any action that has resulted in, or would result in, the crystallisation of the floating charge created under the Security...

COMPANY NUMBER: [ insert company number ] [ insert company name ] [ LIMITED OR PLC ] Minutes from a duly convened meeting of the board of directors (the Meeting) of [ insert full name of company ] (the Company) Convened at [ insert place of Meeting ]. Conducted on [ insert day, month and year of Meeting ] at [ insert time of Meeting ] [ am OR pm ] Present: [ Insert names of any directors in attendance, either in person or via any remote method (unless such methods are expressly excluded by the Company’s articles of association) [ by [ insert means of attendance for each director attending remotely ] ] ] [ In attendance: ] [ [ Insert name of any individual attending, in person or by remote means, who does not contribute to the quorum for the Meeting (eg the company secretary, any legal...

[ To be printed on the headed paper of the issuing bank ] To: [ insert name and address of beneficiary ] Date: [ insert date ] Dear [ insert organisation name ] Standby letter of credit number [ insert number ] At the instruction of, and for the account of, [ insert name of applicant ] of [ insert address of applicant ] (the Principal Debtor), we issue in your favour this irrevocable standby letter of credit (the Standby Letter of Credit). Our total aggregate liability to you under this Standby Letter of Credit is limited to a maximum of [ insert maximum aggregate liability and currency ]. This Standby Letter of Credit will lapse at the close of banking hours at our offices on [ insert expiry date ] (the Expiry Date). We shall have no obligation to honour any demand...