REQUEST RELEASE OF SPECIFIC EQUIPMENT FROM SECURITY

According to the terms of our credit arrangement with you, we provided you with general security over all of our property, assets and undertaking.
[EXPLAIN REASONS WHY RELEASE IS BEING REQUESTED] ex. As you may be aware, we currently own a large piece of equipment which has become redundant. We wish to replace this with a newer model, however the supplier requires a release of your security before accepting the old equipment]
Please feel free to call me if you have any questions.


Sincerely,