Loan Agreement-Company to Company No Security No Guarantor

Loan Agreement-Company to Company No Security No Guarantor

Sh 150,000

NOTES:

  1. A Loan Agreement is an agreement between a lender and a borrower detailing the terms and conditions of the loan. A friendly loan agreement is usually made between friends, family, or acquaintances. In most friendly loan agreements and depending on the relationship and agreement between the parties, interest is not applicable nor is there a requirement for security or guarantee.
  2. This is a standard loan agreement to be used in case of a friendly loan. The Agreement provides a good guide and has explanatory notes on what to do when you are acting for a lender or a borrower.
SKU: COR/INV/AGR/40 Category:

Description

Table of Content

  1. DEFINITION AND INTERPRETATION
  2. FRIENDLY LOAN
  3. PURPOSE OF THE LOAN
  4. REPAYMENT
  5. PAYMENTS
  6. INTEREST
  7. REPRESENTATIONS AND WARRANTIES
  8. COVENANTS
  9. EVENTS OF DEFAULT
  10. FORCE MAJEURE
  11. TERMINATION OF AGREEMENT
  12. DISPUTE RESOLUTION
  13. NOTICES
  14. SEVERABILITY
  15. ENTIRE AGREEMENT
  16. CONFIDENTIALITY
  17. WAIVER AND AMENDMENTS
  18. GENERAL
  19. COSTS
  20. GOVERNING LAW

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