The following Banking & Finance precedent provides comprehensive and up to date legal information covering:
This Deed is made on [insert day and month] 20[insert year]
[insert name of Lender], a company incorporated in England and Wales with registered number [insert company number] whose registered office is at [insert address] (the Lender); and
[insert name of Chargor] a company incorporated in England and Wales with registered number [insert company number] whose registered office is at [insert address] (the Chargor)
In accordance with a [debenture OR mortgage] dated [insert date] (the [Debenture OR Mortgage]) the Chargor charged the [Charged Property OR Assets] (see below for definitions) in favour of the Lender.
[In consideration of payment of the sum of £[insert amount] to the Lender by or on behalf of the Chargor, the Lender has agreed to release the [Charged Property OR Assets] from the [Debenture OR Mortgage].]
The parties agree:
Definitions and interpretation
Unless otherwise provided the words
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