Epstein Index›Documents›EFTA00991848
💨IMPACT LEVEL 1 — MEH

Epstein File EFTA00991848: Museum (DS9)

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Legal document discussing art loan agreements and collateral arrangements, citing advice from Withers regarding bank security interests in artwork. The document specifies requirements for museum loan agreements, including bank notification, insurance certificates naming the bank as loss payee, and delivery schedule acknowledgments.

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Excerpt 1
Please note, according to Withers, if we notify they bank that we are lending a piece of Art Collateral, the bank will want to add language to the **museum**
Excerpt 2
loan agreement to the effect that (i) the bank has a security interest in the work, (ii) the **museum** will provide the bank with a Certificate of insurance
Excerpt 3
listing the bank as loss payee, EFTA00991848 (iii) the bank must be kept informed of the delivery schedule of the work and the **museum** must acknowledge

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