Working Capital Facilities Agreement Sample Contracts

WORKING CAPITAL FACILITIES AGREEMENT
Working Capital Facilities Agreement • December 6th, 2017

The persons named as the Borrower at Serial No. 1 in Schedule I written hereunder (hereinafter referred to as the “Borrower” which expression shall, unless it be repugnant to the meaning or context hereof, mean and include, where the Borrower is an individual or a proprietorship firm, his/her heirs, executors and administrators, where to the Borrower is a partnership firm, the partners of the said firm, the survivors or survivors of them and their respective heirs, executors and administrators, where the Borrower is the Karta of a Hindu Undivided Family and the borrowing is for the purposes of the Hindu Undivided Family, the members or members of the time being of the said Hindu Undivided Family, and their respective heirs, executors and administrators, where the Borrower is a company, its successors in title, where the Borrower is a limited liability partnership (LLP) its successors in interest) of the FIRST PART;

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