Loan Agreement

Loan Amount.

The Lender promises to loan

+ In Words (the "Loan") to the Borrower on the terms and subject to the conditions of this Agreement and the Borrower promises to repay the Loan to the Lender

interest payable on the unpaid principal at the rate of

percentage

percent (the "Interest Rate") per

calculated

advance.

Purpose.

The Borrower will use any amount borrowed under this Agreement

describe purpose

or for anyother purpose approved by the Lender.

Drawdown.

The Lender must pay the full amount of the Loan to the Borrower in one drawing by

in cleared funds

.

Repayment.

How will the Borrower repay the Loan?

The Loan will be repaid in full on

.

The interest shall be paid

.

Default.

If the Borrower does not make a payment under this Agreement when due, interest on the unpaid amount will accrue

at a rate of

percentage

% above the Interest Rate from the date of non-payment to the date of actual payment. Interest accrued under this paragraph will be payable at any time on demand.

Notwithstanding anything to the contrary in this Agreement, if the Borrower defaults in the performance of any obligation under this Agreement more than

number

day(s), than the Lender may declare the principal amount owing and interest due under this Agreement at that time to be immediately due and payable.

Further, if the Lender declares the principal amount owing under this Agreement to be immediately due and payable, and the Borrower fails to provide full payment, interest at the rate of

percentage

% per

calculated

advance, will be charged on the outstanding amount, commencing the day the principal amount is declared due and payable, until full payment is received by the Lender.

Will this Agreement be secured by any collateral?

Security.

The Loan is secured by

This Loan is secured by the

make:

, model:

, year:

, VIN:

(the "Security").

This Loan is secured by the bank saving of the Borrower.

Owner's name:

.

Bank name:

.

Bank address:

.

Bank sortcode:

.

Account number:

.

Guarantee.

Notice.

All notices to other communications shall be deemed given upon personal delivery to the appropriate address, or if sent by certified or registered mail,

number

days after the date of mailing to the following:

To: Lender

Individual Name:

Phone:

Email:

To: Borrower

Individual Name:

Phone:

Email:

Force Majeure.

Notwithstanding the preceding, in the event such Force Majeure continues for a period of

number

consecutive months, either party shall have the right, but not the obligation, to serve a written notice on the other terminating this Agreement in full and each shall have no further obligation whatsoever to the other save that Company shall continue to be obliged to make payments of monies due hereunder but not paid at the date of termination.

Applicable Law.

This Agreement shall be governed by and construed in accordance with the laws of Country of

.

Pronouns; Statutory References.

Interpretation.

References to this agreement.

Exhibits.

Severability.

Cooperation.

Paragraph Headings.

Counterparts.

Entire Agreement.

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Crear uno personalizado Loan Agreement

Instrucciones

Loan Agreement

Loan Agreement

Productos

Aprende

Partners

Tamaño de la empresa

Industrias

Departamentos

Compañía

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