Common use of CERTIFICATE OF INDEBTEDNESS Clause in Contracts

CERTIFICATE OF INDEBTEDNESS. It is hereby agreed that any admission or acknowledgment in writing by the Customer or by any person authorised on behalf of the Customer or a judgment (by default or otherwise obtained against the Customer) or a statement of account in writing showing the Indebtedness of the Customer which is duly certified by an authorised officer of the Bank shall be binding and conclusive evidence against the Customer for whatever purpose including as being conclusive evidence of such indebtedness in a court of law.

Appears in 3 contracts

Sources: Master Facility Agreement, Master Facility Agreement, Property Sale Agreement

CERTIFICATE OF INDEBTEDNESS. It is hereby agreed that any admission or acknowledgment acknowledgement in writing by the Customer or by any person authorised on behalf of the Customer or a judgment (by default or otherwise obtained against the Customerthe) or a statement of account in writing showing the Indebtedness of the Customer which is duly certified by an authorised officer of the Bank Chargee shall be binding and conclusive evidence against the Customer for whatever whatsoever purpose including as being conclusive evidence of such indebtedness Indebtedness in a court of law.

Appears in 3 contracts

Sources: Musharakah Mutanaqisah Agreement, Charge Agreement, Charge Agreement

CERTIFICATE OF INDEBTEDNESS. It is hereby agreed that any admission or acknowledgment acknowledgement in writing by the Customer or by any person perso n authorised on behalf of the Customer or a judgment (by default or otherwise obtained against the Customerthe) or a statement statem ent of account in writing showing the Indebtedness of the Customer which is duly certified by an authorised officer offic er of the Bank Chargee shall be binding and conclusive evidence against the Customer for whatever whatsoever purpose including as being conclusive evidence of such indebtedness Indebtedness in a court of law.

Appears in 2 contracts

Sources: Charge Agreement, Charge Agreement

CERTIFICATE OF INDEBTEDNESS. It is hereby agreed that any admission or acknowledgment in writing by the Customer or by any person authorised on behalf of the Customer or a judgment (by default or otherwise obtained against the Customer) or a statement of account in writing showing the Indebtedness indebtedness of the Customer which is duly certified by an authorised officer of the Bank shall be binding and conclusive evidence against the Customer for whatever purpose including as being conclusive evidence of such indebtedness in a court of law.

Appears in 1 contract

Sources: Property Sale Agreement

CERTIFICATE OF INDEBTEDNESS. It is hereby agreed that any admission or acknowledgment in writing by the Customer Borrower or by any person authorised on behalf of the Customer Borrower or a judgment judgement (by default or otherwise obtained against the CustomerBorrower) or a statement of account in writing showing the Indebtedness indebtedness of the Customer Borrower which is duly certified by an authorised officer of the Bank shall be binding and conclusive evidence against the Customer Borrower for whatever purpose including as being conclusive evidence of such indebtedness in a court of law.

Appears in 1 contract

Sources: General Facility Agreement (Secured Digital Applications Inc)

CERTIFICATE OF INDEBTEDNESS. It is hereby agreed that any admission or acknowledgment acknowledgement in writing by the Customer or by any person authorised on behalf of the Customer or a judgment (by default or otherwise obtained against the Customer) or a statement of account in writing showing the Indebtedness of the Customer which is duly certified by an authorised officer of the Bank shall be binding and conclusive evidence against the Customer for whatever whatsoever purpose including as being conclusive evidence of such indebtedness Indebtedness in a court of law.

Appears in 1 contract

Sources: Deed of Assignment