GBA Capital

Terms and Conditions

Legal terms and privacy information for GBA Asset Management

GBA Asset Management Pty Ltd (ABN 67 680 458 851)

SCHEDULE 3 – Legal Terms and Conditions

The following binding terms are acknowledged and agreed by the Borrower(s) and Guarantor(s).

  1. The Borrower and or Guarantor unconditionally and irrevocably agree to pay the fees and charges specified in Schedule 2.
  2. Borrower and or Guarantor hereby irrevocably authorise and direct the Lender and its Solicitor to deduct from the Loan Amount, at settlement or first draw down of the loan, fees and charges specified in Schedule 2 and any part of thereof not paid or waived.
  3. Pending execution of the loan transaction documents, we irrevocably and unconditionally provide a fixed charge in favour of GBA, of all our interests, actual or contingent, in any of the Borrower and or Guarantor real and personal property both present and future acquired.
  4. Borrower(s) and Guarantor(s) instruct GBA and the Lender to undertake all due diligence enquires, and deal with our personal information, to such extent that the Lender considers necessary, in its sole and absolute discretion.
  5. Borrower and or Guarantor have been provided the opportunity to obtain independent legal advice, and negotiate the terms of this Indicative Term Sheet, before accepting it.
  6. Every Guarantor must obtain independent legal advice on the general nature and effect of the transaction documents.
  7. Borrower(s) and Guarantor(s) undertake to provide only true, accurate and complete information to GBA and the Lender, when responding to due diligence enquiries.
  8. GBA and the Lender may assign their interest in this offer to a third party without your consent, upon which your obligations will enure for the benefit of the assignee.
  9. This Mandate Letter is exclusive, and the Borrower(s) and Guarantor(s) must not do, procure or attempt, to personally or through another, engage in a relationship of similar form, substance, and effect to this document, or circumvent it.
  10. This Indicative Term Sheet may be terminated by GBA, upon their notification to us, that they have exhausted, in their estimation of best efforts, attempts to procure the facility for you with reputable and realistic lenders.
  11. This document contains the entire terms of the subject matter.
  12. This Indicative Term Sheet can be accepted by sending a scan of a signed and dated copy of it to GBA at admin@GBAcapital.com.au.

Privacy Act & Consent Declaration

The full Privacy Act consent declaration applies to all credit applications and is provided in the indicative term sheet supplied to borrowers and guarantors. Please refer to the issued term sheet for the binding text.