A security agreement refers to a document that provides a lender with a security interest in a specified asset or property that is pledged as collateral. Terms and conditions are determined at the time the security agreement is drafted. Security agreements are a necessary part of the business world, as lenders would never extend credit to certain companies without them. In the event that the borrower defaults, the pledged collateral can be seized by the lender and sold.
Indemnity, Liquidity Damages and Limitation of Liability
Which Legal Document are you looking for?
Get in Touch
Fill out the form below and a NetSheria team member will be in touch shortly!
CM Advocates LLP Mombasa Branch is one of the leading firms in the Coastal Region founded in 2016 with a satellite office at Ukunda, Diani.
We aspires to be the premier legal, company secretarial and business advisory firm in Kenya and within the East Africa by providing our clients the best solutions for their legal and business advisory needs and a world-class client experience.