Example of Loan Agreement
Contracts / / July 04, 2021
COMODAT AGREEMENT, WHICH IS ENTERED INTO BY THE NATIONAL AUTONOMOUS VERSITY OF MEXICO, IN THE SUCCESSIVE COMODANTE ", REPRESENTED IN THIS ACT BY ITS RECTOR,..., WITH THE ASSISTANCE OF THE DIRECTOR GENERAPATRIMONIO ACADEMIC,...; AND ON THE OTHER,..., SUCCESSIVE "THE COMMODATEE", REPRESENTED BY... TENOR OF THE FOLLOWING STATEMENTS AND CLAUSES:
STATEMENTS
I. THE "COMFORTABLE" DECLARES:
1. That it is a public corporation, a decentralized body of the State, endowed with legal capacity in accordance with Article I of its Organic Law, published in the Official Gazette of the Federation on January 6, 1945, and which aims to provide higher education and carry out research, mainly on national conditions and problems, and extend as widely as possible the services of the culture.
2. That the representation of this House of Studies, falls originally in the
..., in accordance with articles 9 of its Organic Law and 3 (
General Statute.
3. That in accordance with articles 10 and 15 of the Organic Law, and I of the Internal Rule of the University Board of Trustees, it corresponds to the administration of the pz nio university, for which reason the General Directorate of Universal Heritage, as a dependency of the aforementioned Board of Trustees, intervenes, through its Director Gen the present contract.
4. That within his patrimony is ...
5. That indicates as domicile, for the purposes of this contract, the 9th floor of the Te Rectory, in Ciudad Universitaria, Coyoacán, D.F., CP. 04510.
II. DECLARES "THE COMODATARIO":
1. What is a..., legally constituted, in accordance with the laws
Mexican, as evidenced by the writing of the articles of incorporation number ...
volume..., granted in the faith of the Notary Public Number ...
of the Federal District, Lie ...
2. That..., in their capacity as... they have the power to sign this instrument in accordance with the Power of attorney number... dated... granted in the faith of the Notary Public Number... Lie... of the City from...
3. That within its corporate purpose is that of ...
4. Which indicates as legal address the one located in ...
III. BOTH PARTIES DECLARE:
UNIQUE. In view of the foregoing, they agree to subject their commitment to the terms and conditions inserted in the following:
CLAUSES
FIRST. "THE COMODANTE" grants in loan... "THE COMODATARIO", for ...
NOTE: Description of the goods
SECOND. "THE COMODANTE" will deliver to "The COMODATARIO" the goods that are described in the annex, by means of the corresponding administrative act, which will be carried out
through the day... through the representatives that each of the parties designate
for this purpose.
THIRD. The duration of this contract will be ...
QUARTER. "THE COMODATARIO" undertakes not to assign to third parties partially or totally the rights derived from this contract.
FIFTH. The parties agree that "THE COMMODATEE" undertakes to keep the goods that are the subject of this contract in good physical condition and to immediately notify "LA COMODANTE "of any situation that could affect them, otherwise, it will be responsible for the damages that could be caused by that reason.
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SIXTH. The parties agree that the maintenance of the assets will be left to the "COMODATARIO", with the understanding that If modifications or additions are required, these will be made, with prior written authorization from "THE COMODANTE"
SEVENTH. In the case of destruction, loss or disablement of any of the I "THE COMMODATEE" is obliged to return the same goods, or similar can tics and quality, and immediately inform "THE COMODANTE", so that it can carry out the corresponding administrative procedures, in accordance with its legislation.
EIGHTH. The parties agree that at the end of the term of this contract COMODATARIO ", without the need for resolution judicial, is obliged to deliver to "LA C DANTE", the goods, with the only deterioration that the normal use suffers same
NINTH. For the interpretation and fulfillment of this contract, as well as for everything foreseen in it, the parties submit to the jurisdiction and competence of the federal tribes of Mexico City, Federal District, for which they expressly waive jurisdiction that by reason of their present or future domicile, they could reciprocate.
Having read that the contract was and knowing the parts of its content and scope, he signs it
Mexico City, Federal District, on... day of the month of ...
nine hundred...
BY "THE COMODANTE" BY "THE COMODATARIO
RECTOR
GENERAL DIRECTOR OF UNIVERSITY HERITAGE