Construction Equipment Loan Agreement Sample Contracts

COMMERCIAL VEHICLE & CONSTRUCTION EQUIPMENT LOAN AGREEMENT
Construction Equipment Loan Agreement • January 25th, 2021

(For Office Use Only)I/We refer to final application form No. dated submitted by me/us to Axis Bank Limited. I/We have provided the following information and have accordingly filled up the aforesaid application form. I/We acknowledge that: I/We have not made any payment in cash/bearer cheque or kind along with or in connection with this application form. Axis Bank Ltd shall be entitled to recall the loan/take possession of the vehicles/assets in the event I/We default in complying with the obligations in relation to the facility and also that the registration at certificate of vehicle duly endorsed on the name of Axis Bank referred to in the application form willbe handed over to Axis Bank Limited within 30 days from the date(s) of respective disbursements(s) under the facility. I/We are aware that as and when the bank puts forth additional conditions, the same will be informed to me in advance as per extant guidelines.**For cases disbursed from 1st to 4th EMI should fall due on the 1

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