Legal Documents
Loan Agreement – Company to Individual with Security & No Guarantor
A Loan Agreement is an agreement between a lender and a borrower detailing the terms and conditions of the loan. This is a standard loan agreement between a company (as lender) and an individual (as borrower) and where the loan is secured.
₦7,000
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Loan Agreement – Company to Individual with Security & No Guarantor
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Table of Contents
1. DEFINITION AND INTERPRETATION 1
2. LOAN 2
3. PURPOSE OF THE LOAN 3
4. SECURITY 3
5. REPAYMENT 4
6. PAYMENTS 4
7. INTEREST 5
8. REPRESENTATIONS AND WARRANTIES 5
9. COVENANTS 7
10. EVENTS OF DEFAULT 7
11. [FORCE MAJEURE 10
12. TERMINATION OF AGREEMENT 10
13. DISPUTE RESOLUTION 11
14. NOTICES 12
15. SEVERABILITY 12
16. ENTIRE AGREEMENT 12
17. CONFIDENTIALITY 13
18. WAIVER AND AMENDMENTS 13
19. GENERAL 13
20. COSTS 14
21. GOVERNING LAW 14