Memorandum of debt contract conclusion (expert)

Memorandum of debt contract conclusion (expert)

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Memorandum of debt contract conclusion (expert)
MEMORANDUM
OF DEBT CONTRACT CONCLUSION (EXPERT)
№ _______
Cape Town «__» ________ 20____
1. Memorandum of Debt Contract Conclusion (hereinafter — the Memorandum) defines (forms) main regulations, conditions, order of carrying out and concluding deals, connected with loans.
1.1. PARTIES under the Loan Contract (expert) dd «___» _______ 20___ г. № __ (hereinafter Contract)entered the Memorandum as follows:

2. PARTY-1 to PARTY-2 guarantees:

2.1. Signing the papers testifying a deal according to a Contract, PARTY-1 is aware and informed of all the aspects, peculiarities, conditions, consequences and responsibilities connected with this kind of transactions.
2.2. PARTY-1 does not intend to fulfill a mock or an artificial deal.
2.3. PARTY-1 intentions don’t have any violent influence such as delusion, deceit, violence, threat or ill-intentioned agreement of one party representative from another.
2.4. at the moment of signing the present Memorandum and the Contract, the PARTY is absolutely competent and able to comprehend the sense of its actions which are in control and accurately directed.
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