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Loan Agreement

The amount of money should be provided as
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THIS LOAN AGREEMENT (this "Agreement") dated
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BETWEEN:
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The Lender is:
The Lender makes funds available to the Borrower.
The Lender makes funds available to the Borrower.
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of
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( the " Lender ")
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OF THE FIRST PART
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and
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The Borrower is:
The Borrower is a person or legal entity that has received a monetary loan from the Lender.
The Borrower is a person or legal entity that has received a monetary loan from the Lender.
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of
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( the " Borrower ")
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OF THE SECOND PART
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Do you want to add guarantor(s)?
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( Lender and Borrower hereinafter jointly referred to as the "Parties" and individually as the "Party")
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IN CONSIDERATION OF the Lender loaning certain amount of money to the Borrower and the Borrower repaying the Loan to the Lender, both Parties agree to keep, perform and fulfil the promises and conditions set out in this Agreement:
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Loan Amount.
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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.
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Purpose.
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The Borrower will use any amount borrowed under this Agreement
or for anyother purpose approved by the Lender.
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The Lender has no obligation to check how any amount lent under this Agreement is used.
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Drawdown.
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The Lender must pay the full amount of the Loan to the Borrower in one drawing by
in cleared funds
.
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Repayment.
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How will the Borrower repay the Loan?
The Loan will be repaid in full on
.
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At any time while not in default under this Agreement, the Borrower may pay the outstanding balance then owing under this Agreement to the Lender witout further bonus or penalty.
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Will this Agreement be secured by any collateral?
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Severability.
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In the event that any term or provision of this Agreement shall for any reason be held to be invalid, illegal or unenforceable in any respect, such validity, illegality or unenforceability shall not affect any other term or provision, and this Agreement shall be interpreted and construed as if such term or provision, to the extent the same shall have been held invalid, illegal or unenforceable, had never been contained herein.
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Cooperation.
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Each of the parties hereto shall execute and deliver any and all additional papers, documents, and other assurances, and shall do any and all acts and things, which are reasonably necessary (including, without limitation, the delivery by Assignor of any original Trademark registration certificates and all subsequent certificates should they issue to Assignor, including all executed assignment documents relating to this Agreement to Assignee promptly after the date listed above in connection with the performance by the parties of their obligations hereunder and to carry out the intent of the parties hereto.
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Counterparts.
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This Agreement may be executed in one or more counterparts, each of which shall be deemed an original, but all of which when taken together shall constitute one and the same Agreement.
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Entire Agreement.
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This Agreement constitutes the entire understanding between the parties with respect to the subject matter contained herein.
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IN WITNESS WHEREOF, the Parties have duly affixed their signatures on _____
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SIGNED, SEALED AND DELIVERED
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__________________________________
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_____
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SIGNED, SEALED AND DELIVERED
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__________________________________
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_____
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