Common use of Dutch Security Clause in Contracts

Dutch Security. Any security interest or guarantee granted by a Dutch Loan Party is in its corporate interest, is not prejudicial to the rights of other creditors and does not violate section 2:98c or 2:207c of the Dutch Civil Code.

Dutch Security. Any security interest or guarantee granted by a Dutch Loan Party is in its corporate interest, is not prejudicial to the rights of other creditors and does not violate section 2:98c or 2:207c of the Dutch Civil Code.