Notice to Prior Secured Party



Notice to Prior Secured Party : NOTICE TO PRIOR SECURED PARTY OF PURCHASE MONEY SECURITY INTEREST




This letter should be typed in the official letter-head of the company.

The Company's Name

Door Number and Street's Name,
Area Name,
City.
Postal Code : XXXXXX
Phone Number : 0000 - 123456789


TO : [Prior Secured Parties]

The Receiver's Name,
Door Number and Street's Name,
Area Name,
City.
Postal Code : XXXXXXX


Date :


Reference :


Dear _____________,


This is to notify you that the undersigned has or expects to acquire a purchase money security interest in and to the following described collateral:


[Describe]


Said collateral shall be sold to:


Name and Address


[Debtor].


Insofar as you have an existing security interest on record as against the same type collateral, this notice shall inform you of our priority claim to the property being sold.


Yours Sincerely,


(The Sender's Signature)


The Sender's Name


Enc. :







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