LegalDraft-Template Search Results

Trust Deed Constituting Guarantee Fund (as Security) Deeds Trust 1710

Category : Deeds Trust

TRUST DEED CONSTITUTING GUARANTEE FUND AS SECURITY fund bank subscriber time security TRUST DEED CONSTITUTING GUARANTEE FUND AS SECURITY This deed of trust is made this day of 2005 between X Bank Ltd a banking company registered under the Companies Act 1956 and carrying on business at hereinafter called the bank which term shall include its successors of the one part and AB son of residing at and CD son of residing at hereinafter called the trustees of the other part Whereas the bank has determined to establish a guarantee fund for the purposes hereinafter appearing And whereas the said AB and CD have agreed to act as trustees for the purposes of these presents Now THEREFORE IT IS AGREED as follows 1 A fund to be called the guarantee fund shall be established and such fund shall be formed by contributions to be made by officers and clerks in the employment of the bank who shall ...