Appropriate collaterals as well as their corresponding financing values
f. Notarized Surety Contract performed of the managing stockholders and every people or number of individuals whoever stockholdings try enough to elect at the least you to (1) movie director obligating on their own as you and severally towards bank to expend on time on maturity, otherwise whenever due, the fresh Bangko Sentral, its successors otherwise assigns, all the promissory notes covering the crisis loan otherwise improve. (Government entities, the subdivisions, instrumentalities and you may businesses, and you will the government was exempted using this specifications) (Este Function Zero. 8).
g. Notarized Action out of Negative Vow executed by controlling stockholders and you can every person otherwise band of people whoever stockholdings are adequate to decide one (1) movie director, along with their respective permits out-of stock. (The us government, its subdivisions, instrumentalities and you will companies, and the us government is actually exempted out of this criteria.) (El Mode No. 9). » Read more