Personal Loan Agreement In India

D.4 It is agreed by the borrower and understands that, for any reason, the non-payment of PDC does not affect the responsibility of the borrower in the repayment of the loan. Each Party shall provide the following assurances and guarantees with respect to itself and confirm that they are accurate, correct and valid: (a) it shall have full power and power to take, provide and enforce the terms and provisions of this Agreement and, in particular, to exercise its rights, to fulfil its obligations and to provide the assurances and guarantees it has provided under this Agreement; (b) its obligations under this Agreement are legally and valid and may be implemented against it in accordance with the provisions of this Agreement. .