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PARTNERSHIP MANDATE AND AUTHORIZATION TO SIGN

We the undersigned and under-named partners of M/s. _, a registered partnership firm having its registered office at _______________________________ (Firm) and carrying on the principal business of manufacturer and trading of Knitwear hereby confirm, authorize and instruct Summit Bank Limited (Bank) as follows:1. We are the only partners of the Firm as of date and we will not undertake any change in the partnership firm without your prior consent in writing. 2. We hereby authorize and empower to (Authorized Partners) of the firm. We are following partners of the firm and any one of the partner operate the bank accounts of the Firm and on behalf of all the partners of the Firm and to give all instructions of any nature in relation to the bank accounts and/or all dealings with the Bank, without limitation. (a) Name of Partner ________________________

NIC No. (b) Name of Partner

________________________ ________________________

NIC No.

________________________

3. The Authorized Partners are fully authorized to negotiate and avail financing facilities, accommodation, financing ( whether funded or unfunded) for the Firm from the Bank from time to time and to provide security and collateral for and on behalf of the Firm and to sign, execute deliver and perfect all documents and deeds, including but not limited to financing and security documents and to take all actions and complete such formalities as may be required by the Bank from time to time for giving full effect to the authorization above. 4. We undertake to forthwith provide you with a copy of any amendments made in the partnership deed of our firm from time to time.

5. All actions taken by the Authorized Partners on behalf of the Firm and /or in the name of the Firm shall be fully binding and enforceable against all of the partners of the firm jointly and severally. 6. The above instructions and authorization can only be revoked under the signatures of all of the undersigned partners.

Signed by all partners:


(1) _______________________ (2) _______________________

Name: ________________________ NIC No: _______________________

Name: ________________________ NIC No: _______________________

(3)

_______________________

(4)

_______________________

Name: ________________________ NIC No: _______________________

Name:________________________ NIC No: _______________________

Witnesses: 1.__________________________

2.___________________________

Dated: ________________

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