Tripartite MOA ADB, Financier and Borrower
Tripartite MOA ADB, Financier and Borrower
Tripartite MOA ADB, Financier and Borrower
-AND-
-AND-
(INSERT NAME OF BORROWER), Filipino and of legal
age, (INSERT ADDRESS) hereinafter referred to as “THIRD
PARTY”.
WITNESSETH That:
I.
WHEREAS, the FIRST PARTY found a suitable financier for the THIRD
PARTY. The Financier is the SECOND PARTY.
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WHEREAS, the THIRD PARTY borrowed the amount of FIFTEEN
MILLION PESOS (PhP 15,000,000.00) from the SECOND PARTY by and
through the efforts of the FIRST PARTY.
The PARTIES affirm and acknowledge that they have carefully read and
understood all the terms and conditions herein provided and that at the time of
the execution, all the information/stipulations have been accurately and
completely provided and agreed upon.
The PARTIES are strictly enjoined to comply with the terms and
conditions of this AGREEMENT, otherwise, any violation thereof shall entitle the
aggrieved party to appropriate legal remedies under the law.
As represented by:
________________
CATHERINE G. TEJERO
FIRST PARTY
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___________________
(INSERT NAME)
SECOND PARTY
___________________
(INSERT NAME)
THIRD PARTY
__________________________ ______________________
ACKNOWLEDGEMENT
This instrument consists of THREE (3) pages including this page upon
which acknowledgement is written and had been signed by the parties and their
instrumental witnesses on each page thereof and refers to a Memorandum of
Agreement.
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