ADDENDUM TO THE LOAN CUM HYPOTHECATION AGREEMENT AND POA Sample Clauses

ADDENDUM TO THE LOAN CUM HYPOTHECATION AGREEMENT AND POA. Please refer to the Loan cum Hypothecation Agreement dated and the Power of Attorney dated ("said Documents"), executed by me/us with regard to the Tractor Loan sanctioned by the Bank. Since the Tractor which is hypothecated to the Bank was yet to be purchased and registered with the appropriate authority at the time of execution of the said Documents it was stipulated that the particulars of the assets shall be intimated to the Bank in writing, as an addendum to the said Documents, with all the relevant particulars of the assets including the registration details of the assets as may be applicable and also that upon furnishing of such intimation in writing, the same shall form part of the Schedule attached to the said Documents and that such an intimation shall be deemed to have been incorporated in the said Documents. Accordingly, the Tractor/Hypothecated Asset(s) has since been purchased and registered with the appropriate authority, we do hereby submit the detailed particulars of the Tractor(s) being the Hypothecated Asset(s) hereunder. I/We confirm that this addendum shall for part of the Schedule attached to the said Documents and deemed to have been incorporated in the said documents from the date of execution thereof. DETAILS OF THE TRACTOR(S) HYPOTHECATED TO THE BANK Reg. No. Reg. Date Chassis No. Engine No: Model: Make: Manufacturer: Mfg. Date: Supplier/Agency: Insured Amount: Premium Payable: Signed and Delivered by the below named Borrower/s, this Addendum to Loan cum Hypothecation Agreement and POA on this the day of (month), 20 at (Place). Name of Borrower(s) : (Sign.) X
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ADDENDUM TO THE LOAN CUM HYPOTHECATION AGREEMENT AND POA. Please refer to the Loan cum Hypothecation Agreement dated and the Power of Attorney dated ("said Documents"), executed by me/us with regard to the Vehicle Loan sanctioned by the Bank. Since the vehicle which is hypothecated to the Bank was yet to be purchased and registered with the appropriate authority at the time of execution of the said Documents it was stipulated that the particulars of the assets shall be intimated to the Bank in writing, as an addendum to the said Documents, with all the relevant particulars of the assets including the registration details of the assets as may be applicable and also that upon furnishing of such intimation in writing, the same shall form part of the Schedule attached to the said Documents and that such an intimation shall be deemed to havebeen incorporated in thesaid Documents. Accordingly, the vehicle/Hypothecated Asset(s) has since been purchased and registered with the appropriate authority, we do hereby submit the detailed particulars of the vehicle(s) being the Hypothecated Asset(s) hereunder. I/We confirm that this addendum shall for part of the Schedule attached to the said Documents and deemed to have been incorporated in thesaid documents from the date of execution thereof.

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