ContractAugust 20th, 2014
FiledAugust 20th, 2014Realty Corporation (Filmal) represented by Delfin S. Lee and Dexter L. Lee, President and Vice-President, respectively, of the two corporations. PNB thereby agreed to make available to Globe Asiatique and Filmal CTS Facility in the amount not exceeding Two Hundred Million Pesos (P200,000,000.00) to finance the purchase of certain Accounts Receivables or the in-house installment receivables of respondents arising from the sale of subdivision houses in their real estate/housing projects as evidenced by contracts to sell. These availments were later increased to a total amount of One Billion Two Hundred Million Pesos (P1,200,000,000.00).3