Narrows Holdings LLC is loaning three works by Egon Schiele to Neue Galerie New York for an exhibition. The works are collateral for a Bank of America loan, and a Bailment Agreement outlines the museum's obligations as bailee. The agreement will end once the works are returned. The museum must insure the works, acknowledge the bank's security interest, and not sell or loan them. In case of a loan default, the bank can claim the works.
documents/EFTA01197655.pdf
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